The procedure for transferring information from a journal entry to a ledger account is

Many health care organizations are drowning in data. yet health care workers cannot get reliable insights from this data. inform

aev [14]

One of the primary reason for this problem is because the information has been trapped in data silos. In which, a data silos is being defined as a set of files that are separated or not part of the organization’s data administration and by this, it could be the main reason as to why the health care organizations are experiencing the following experiences.

7 0

3 years ago

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Suppose that in the last year consumers spent $14 billion on durable goods, $35 billion on non-durable goods, and $46 billion on

murzikaleks [220]

Based on the amount that consumers spent on the various types of goods, the consumption for that year would equal $95 billion.

<h3>What was the consumption last year?</h3>

The consumption spending is everything that consumers spent in a year so in this case that would be:

= Durable goods + Non-durable goods + Services

Solving gives:

= 14 + 35 + 46

= $95 billion

In conclusion, $95 billion was spent on consumption.

Find out more on the use of consumption spending at brainly.com/question/25947470.

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2 years ago

Which of the following is a standard that defines how accountants record financial transactions?

Mashutka [201]

Answer: Generally Accepted Accounting Principles

Explanation:

Just finished the test

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3 years ago

Pharrell, Inc., has sales of $595,000, costs of $263,000, depreciation expense of $66,000, interest expense of $33,000, and a ta

mihalych1998 [28]

Answer:

For calculating earnings per share, we are going to need net income.

Net income before tax = Sales – (Costs + Depreciation expenses + Interest expense)

= 595000 – (263000 + 66000 + 33000)

= 595000 – 362000

Net income before tax = $233,000

Tax paid by the firm = 30% of 233000

= (30/100) x 233000

Amount of tax = $69,900

So, net income after tax = 233000 – 69900

= $163,100

Earnings per share (EPS)

EPS is that portion of the company’s earnings that is assigned to each company stock. It is an indicator of the company’s profitability. EPS is calculated as –

EPS = Net income / Average outstanding common shares

We are given that outstanding common shares = 50,000

Also, we have just calculated net income = $163,100

So, EPS = 163100 / 50000 = 3.262

Therefore, required earnings per share is 3.26.

2.Dividend Per Share (DPS)

DPS is the sum of dividends paid by the company against each of its outstanding shares. A company’s DPS is mostly calculated quarterly and it is used in calculating dividend yield. DPS can be calculated as –

DPS = Total sum of dividends / Average outstanding common shares

= 41000 / 50000

DPS = 0.82

Therefore, required dividends per share is 0.82.

Explanation:

3 0

3 years ago

The net income reported on the income statement for the current year was $250,771. Depreciation recorded on fixed assets and amo

amm1812

Answer:

The amount of cash flows, from operating activities, reported on the statement of cash flows, prepared by the indirect method is $268,702

Explanation:

The Net Income for the year is adjusted for non-cash items, items appearing elsewhere and items in movement of working capital to arrive at the net cash flow from operating activities using the indirect method.

Cash flows, from operating activities

Net income $250,771

adjusted for non-cash items

Depreciation $35,093

Amortization $10,838

adjusted for items in movement of working capital

Increase in Accounts receivable ($4,000)

Increase in Inventories ($12,000)

Decrease in Prepaid expenses $2,000

Decrease in Accounts payable (14,000)

Net Cash flows, from operating activities $268,702

8 0

3 years ago