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3 years ago

Which of the following line items of the statement of cash flows must be obtained from the income statement?

Business

1 answer:

trapecia [35]3 years ago

5 0

Answer:

The answer is D.

Explanation:

Interest Expense is a line item in income statement. It is deducted from the gross profit/earnings.

Accounts Receivable is under current asset in balance sheet

Accruals in Curren liability will also be found in balance sheet.

cash dividends paid on both preferred and common stocks will be found under Statement of changes in equity.

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What happens to the price of a good or service when a shortage of that good or service occurs?

Pachacha [2.7K]

Answer:

If shortage of goods and services occurs, obviously, the price will touch the sky, i. e. the price will increase twice or thrice the Real price...

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3 years ago

Abardeen Corporation borrowed $90,000 from the bank on October 1, 2018. The note had an 8 percent annual rate of interest and ma

Vitek1552 [10]

Answer:

Explanation:

Data provided in the question

Borrowed amount from the bank = $90,000

Annual interest rate = 8%

Maturity date = March 31, 2019

Since it is mentioned in the question that, the interest and the principal were paid in cash on the maturity date so for the amount of cash that Abardeen had to pay for 2018 interest would be zero as the principal and the interest is paid for 2018

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4 years ago

WILL GIVE BRAINLIEST A business owner is aware that the Department of Labor has created rules that require overtime pay for empl

slega [8]

The correct answer is: A.)

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3 years ago

On the basis of this information, what were total maintenance costs when the company experienced 23,000 machine hours of activit

spayn [35]

Answer:

Results are below.

Explanation:

First, we need to calculate the total cost for each activity level:

High activity level= 27,000*27.3= $737,100

Low activity level= 23,000*34.3= $788,900

Now, using the high-low method, we can determine the variable and fixed costs:

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (788,900 - 737,100) / (27,000 - 23,000)

Variable cost per unit= $12.95 per machine-hour

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 788,900 - (12.95*27,000)

Fixed costs= $439,250

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 737,100 - (12.95*23,000)

Fixed costs= $439,250

Finally, for 25,000 hours:

Total cost= 439,250 + 12.95*2,5000

Total cost= $763,000

8 0

3 years ago

A loan of $100,000 is taken out which requires an annual interest payment of 6% of the borrowed amount of money (in market dolla

pav-90 [236]

Answer:

C. $5,150

Explanation:

Calculation for what will be the value of interest payment at the end of fifth year in real dollars

First step is to calculate the Interest amount per year

Interest amount per year = 100,000*6%

Interest amount per year = $6,000

Now let calculate the value of interest payment at the end of fifth year in real dollars

Value of interest payment in 5th year in real dollars = 6,000/(1+3.1%)^5

Value of interest payment in 5th year in real dollars= 6,000/1.164913

Value of interest payment in 5th year in real dollars= $5,150

Therefore the Value of interest payment in 5th year in real dollars will be $5,150

4 0

3 years ago

Which of the following line items of the statement of cash flows must be obtained from the income​ statement?

Which of the following line items of the statement of cash flows must be obtained from the income statement?