What economic system interferes most with the law of supply and demand?

Which of the following would be reported on a statement of cash flows as a financing activity?

vladimir1956 [14]

Answer:

C. Purchase of treasury stock

Explanation:

The purchase of treasury stock results in a change in the stockholder's equity and as such is recognized as a financing activity in the statement of cash flows.

For the other options, amortization expense is a non-cash item and is adjusted for in the net cash flows from operating activities.

Collection of notes receivable is a change in current assets hence it is reported under net cash flows from operating activities.

Sale of equipment is reported under net cash flows from investing activities.

Hence the right option is C. Purchase of treasury stock.

4 0

4 years ago

A validation check used to determine if a quantity ordered field contains only numbers is an example of a(n)

11111nata11111 [884]

Here are the answers of the given questions above.
1. The correct answer would be option A. Input control. A validation check used to determine if a quantity ordered field contains only numbers is an example of an input control.
2. The correct answer would be the option A. Batch control totals. Batch control totals would assist in detecting an error when the data input clerk records a sales invoice as $12.99 when the actual amount is $122.99.
Hope these answers help.

6 0

3 years ago

"Don't be like John, who had no health insurance when he needed emergency surgery. We make health insurance easy and affordable.

zmey [24]

It's A - fear. This text exploits human fears for unpredictable events: car accident, illness, handicap etc

8 0

3 years ago

Read 2 more answers

Cioffi Manufacturing Company incorporates standards in its accounts and identifies variances at the time the manufacturing costs

liubo4ka [24]

Answer: Please see explanation column for answer

Explanation:

A) Journal for enties to record Purchased 2,450 units of copper tubing on account at $52.00 per unit

Materials = 2450units x48.50 = $118,825

Direct materials Quantity Variance=2450x3.50($52-$48.50)= $8,575

Accounts payable = 2450x $52 =$127,400

Account Debit Credit

Materials $118, 825

Direct \materials quantity Variance $8,575

Accounts payable $127,400

b) Journal of Entres to record Used 1,900 units of copper tubing in the process of manufacturing 200 air conditioners. Ten units of copper tubing are required, at standard, to produce one air conditioner.

Work in progress = 200x10x$48.5 = $97,000

Direct \materials quantity Variance (2000-1900 units )x48.5 = $ 4845

Materials= 1900x$48.5 =$92,150

Account Debit Credit

Work in progress $97,000

Direct \materials quantity Variance $4845

Materials `$92,150

5 0

4 years ago

As businesses strive for market expansion, companies add to their sales force, but opt to eliminate sales offices across the nat

docker41 [41]

Answer:

Teleconferencing information technology, and telecommuting

Explanation:

Firms usually eliminate sales offices to reduce operational cost of the company. The telecommunication system and telecommuting has helped firms to remove fixed assets, because nowadays everything is reported to the main office through IT. The globalization has helped firms to reduce costs and improve revenues by adopting new technologies such as internet and telecommuting.

6 0

4 years ago