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3 years ago

When preparing the statement of cash flows by the indirect method, if accumulated depreciation increases the difference is

2 answers:

5 0

An increase in ending ... the difference is deducted from investing activities on the statement of cash flows

Tcecarenko [31]3 years ago

5 0

Answer:

Added to net income

Explanation:

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To find out which ads and other marketing strategies are working, many companies ask customers how they _____ about the company

Lyrx [107]

To find out which ads and other marketing strategies are working, many companies ask customers how they have heard about the company or product.

Most businesses ask how you found out about their service/product. By asking this question, they are able to track where their marketing efforts are working and where they are not. If they are advertising in one place and it's not reaching consumers, it may be worthwhile for them to take out advertisements there and move them to another place.

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3 years ago

Michael Company reports the following account balances at the end of the first year of operations: Revenues $ 160 comma 000 Cos

professor190 [17]

Answer:

$46,000

Explanation:

The computation of the total liabilities at the end of the first year is shown below:

We know that

Total assets = Total liabilities + stockholder equity

where,

Total assets = Cash + land + short term investment

= $102,000 + $40,000 + $14,000

= $156,000

Stockholder equity = Common stock + net income - dividend paid

= $50,000 + 72,000 - $12,000

= $110,000

So, the total liabilities would be

= $156,000 - $110,000

= $46,000

Working Note:

The net income is

= Revenue - cost of goods sold - Salaries Expense - Utilities Expense - Advertising Expense 

= $160,000 - $46,000 - $21,000 - $11,000 - $10,000

= $72,000

3 0

3 years ago

Harriet died before she had a chance to prepare a will. What will MOST likely happen to her estate?

timofeeve [1]

Answer:

the answer is d!

Explanation:

I hope this helps

8 0

3 years ago

Shondee Corporation uses the lower of cost or market and FIFO inventory methods. At the end of 2018, the FIFO cost of the ending

Assoli18 [71]

Answer:

reported as income for all three years is $7,000

Explanation:

given data

cost of the ending inventory = $181,000

market value inventory = $160,000

to find out

Shondee Corporation must add income

solution

we get here Income per year that is

Income per year = (Value under FIFO Method - Value Under Cost Method ) ÷ Number of year ..............................1

put here value we get

Income per year = $\frac{181000 - 160000}{3}$

Income per year = $\frac{21000}{3}$

Income per year = $7000

so reported as income for all three years is $7,000

8 0

3 years ago

Herman Company received proceeds of $188,500 on 10-year, 8% bonds issued on January 1, 2009. The bonds had a face value of $200,

Tanzania [10]

The answer is: b hope you get it right

8 0

3 years ago

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