Answer:
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Answer:
The correct answer is Option A.
Explanation:
A. Losses on the sale of longminusterm assets are subtracted from net income - This is incorrect because on losses on sale of an asset are usually added to the net income to avoid double-counting of income. Under the investing section of the cash flows, the proceed received on disposal is recorded there as inflow, if the losses realized on the disposal are subtracted, there would be a double-counting because the losses had already reduced the net income before.
B. Increases in current liabilities are added to net income - This is an inflow of cash, so it is usually added back.
C. Depreciation expense is added to net income - The explanation under Option A above applies but only that depreciation is a non-cash item, which already reduced the net income and it has to be added back to reinstate the net income.
D. Gains on the sale of longminusterm assets are subtracted from net income - Explanation under Option A applies.
Answer:
Law of tort
Explanation:
A tort can be basically described as an act or omission, which gives rise to an injury or harm, that could results into a civil wrong that could warrant a liability.
A tort can exist in 3 forms;
1. Negligence
2. Intentional torts, and
3. Strict liability.
The scenario under study here is a clear case of negligence. Here, the bank opined that there is deliberate and deceitful representation of the financial statement. Luca, the accountant, acknowledged that he was negligent in the preparation of this financial statements. The rule that governs this borders on negligence, and thus laws of tort comes handy in addressing this.
The difference between a push and a pull strategy is that wholesalers are targeted in a push strategy, whereas end consumers are targeted in a pull strategy.
<h3>What is push Marketing?</h3>
Push marketing basically involves all promotional strategies in which companies use to approach consumer or people to buy their products.
Pull marketing on the other hand means implementing a strategy that naturally draws consumer interest in your brand or products
Learn more about push marketing here: brainly.com/question/13362246
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Answer:
The answer is: A) increased by 20%
Explanation:
Buckeye's productivity for 2011 was:
- productivity = 1,000 / 10 workers = 100 bottles of ginger ale per worker
Buckeye's productivity for 2012 was:
- productivity = 960 / 8 workers = 120 bottles of ginger ale per worker
The difference between the productivity level of 2012 and 2011 is an increase of 20% (= (120 / 100) x 100)
