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enot [183]
3 years ago
11

A company uses the indirect method to prepare the statement of cash flows. How will a gain from the sale of equipment be present

ed on the statement of cash flows?
Business
1 answer:
ycow [4]3 years ago
6 0

Answer:

A gain from the sale of equipment is subtracted from net income to be presented on the statement of cash flows  

Explanation:

The indirect method involves the adjustment of net income to arrive at the amount of cash generated by operating activities.  

It depends on the account if it is added or subtracted to net income.  

A gain from the sale of equipment  will be subtracted from net income

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Answer:

$148.3 million

Explanation:

Calculation to determine the deferred tax liability that Isaac would report in its year-end 2021 balance sheet

Using this formula

Deferred tax liability=Total future taxable income × Tax rate

Let plug in the formula

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Deferred tax liability=$148.3 million

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8 0
3 years ago
When calculating the net operating income of a property, it is important to identify any expenses that will be incurred in attem
Fantom [35]

Answer:

The correct answer is letter "C": Mortgage payments.

Explanation:

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Net operating income is often used to calculate real estate income, such as residential properties or commercial properties. <em>NOI is calculated by determining the Gross Operating Income (Gross potential income minus vacancy and credit loss) and subtracting the operating expenses (maintenance, fees, and insurance). </em>

<em> </em>

Thus, <em>mortgage payments are not considered in the calculation of the NOI.</em>

6 0
3 years ago
Many small firms seek to establish a particular niche in the market, realizing that they cannot afford to operate on a larger sc
Karolina [17]

Answer:

Letter A is correct. <u>Fostering competition.</u>

Explanation:

In this case, it is correct to say that small businesses are fostering competition.

Competition in the business world can be defined as a situation where two or more companies that supply products are rivals in the quest to conquer the same market and the same customers.

Large companies often have some dominance and influence over the market, which means that they impose various barriers to market entry by other competing companies, especially if they are micro-companies. In the case of the above question, when there are a large number of small companies looking to establish themselves in a specific niche in the market, due to possible retaliation by large companies, together, they are exerting an influence on the market that promotes competition.

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tresset_1 [31]
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3 years ago
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Explanation:

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