1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Aleksandr-060686 [28]
3 years ago
8

What is the difference between income and cash flow?

Business
1 answer:
Deffense [45]3 years ago
3 0
Its B. or C. 
                    If you have any other questions, please contact me on Brainly.com and I will be happy to answer. 
                -Diane.
You might be interested in
Star Corp., a publicly traded, accrual-method C corp., incurred the following expenses in 2020 (all of which are ordinary and ne
Shtirlitz [24]

Answer:

Star Corp.

Star Corp.'s total deductible business expenses for the year is:

= $1,952,000.

Explanation:

Ordinary and Necessary Expenses incurred in 2020:

Office rent:                                 $50,000

CEO compensation:              $1,500,000

Salary paid to janitor:              $250,000

Business meals:                        $30,000 (100% of the amount paid)

Client entertainment:             $100,000 (100% of the amount paid)

Political contribution/lobbying:  $5,000

Advertising:                              $70,000

Taxes & licenses (state, local &

payroll tax; not fed. inc. tax):   $30,000

Life insurance policy on CEO

- premiums:                            $12,000

Federal income taxes:        $250,000

Total expenses incurred $2,297,000

Total Deductible Business Expenses for the year:

Office rent:                                     $50,000

CEO compensation:                 $1,500,000

Salary paid to janitor:                    $20,000

Business meals:                            $15,000 (50% of $30,000)

Client entertainment:                            $0 (0% of $100,000)

Political contribution/lobbying:      $5,000

Advertising:                                  $70,000

Taxes & licenses (state, local &

payroll tax; not fed. inc. tax):       $30,000

Life insurance policy on CEO

- premiums:                                $12,000

Federal income taxes:            $250,000

Total deductible expense = $1,952,000

5 0
3 years ago
In a Microsoft® Word® document, if a user wanted to organize information in rows in columns, they should select a _____.
nevsk [136]
Chart, because a chart has coloumns, and at the top it labels clearly the contents of the coloumn
5 0
3 years ago
Read 2 more answers
Libre, Inc. has experienced bad debt losses of 5% of credit sales in prior periods. At the end of the year, the balance of Accou
Mama L [17]

Answer:

The estimated bad debt expense for the year amounts to $9,400

Explanation:

The  estimated bad debt expense  for the year is computed as:

As the percentage of credit sales method is used for estimating the bad debt expense. Therefore, it is computed as:

Bad debt expense = Net Credit Sales × Estimate Percent

where

Net credit sales amounts to $188,000

Estimate percent is 5%

So, putting the values above:

Bad debt expense = $188,000 × 5%

Bad debt expense = $9,400

Therefore, the bad debt expense amounts to $9,400

3 0
3 years ago
Which of the following statements is not true about an evaluative interview?
Natasha2012 [34]
The correct answer is B. 

The interviewer will be taking notes with recommendations for the next person in the process, since the interviewer won't be the sole person making the rejection/acceptance decision.
4 0
3 years ago
Read 2 more answers
Ruby enjoys working with other people. She has excellent leadership, interpersonal, and communication skills that she would like
Anna11 [10]
A teacher. Either that, or a manger
4 0
3 years ago
Read 2 more answers
Other questions:
  • Brooklyn sells a single product to wholesalers. The company's budget for the upcoming year revealed anticipated unit sales of 33
    9·1 answer
  • Uan recently completed 20 years of service in the army. during this time, he managed to save a little money and is entitled to a
    10·1 answer
  • Aggregate demand is everything produced while simple demand is one good. Which statement reflects their  similarity?
    6·1 answer
  • Land improvements were put into service on January 1st. The cost was $80,000, and the estimated salvage value was $20,000. The c
    6·1 answer
  • A computer programmer earned $1043 a week
    8·1 answer
  • Percentage of sales budgeting can also be called _____.
    14·1 answer
  • An Economy That Is Neither Growing Nor Shrinking Is Said To Be In A Period Of
    12·1 answer
  • Below are the account balances for Cowboy Law Firm at the end of December. Accounts Balances Cash $ 4,800 Salaries expense 1,900
    14·1 answer
  • What audience would be most interested in reading about the women's movement? How would you tailor your presentation to that aud
    7·1 answer
  • If the $10.61 cost in 1972 is equal to $68.69 in 2013, then what rate of inflation, i%=?, was used to determine the 2013 costs?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!