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boyakko [2]
3 years ago
14

What information should a public company present about revenues from foreign operations?

Business
1 answer:
nevsk [136]3 years ago
4 0

Answer:

Disclose unaffiliated customers sales and also the intra-company sales between geographical areas.

Explanation:

Public companies are required to disclose the amount of sales to unaffiliated customers by geographical region. At the same time, they must also disclose the intra-company sales between geographical areas. It is to be noted that the above said requirements are to be reported separately.

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The accounting records of Eastlake Industries provided the data below. Net income $ 300,000 Depreciation expense 15,000 Increase
balandron [24]

Answer:

Explanation:

Net income $300,000

Adjustments for noncash effects:

Depreciation expense 15,000

Increase in inventory (2,000)

Decrease in interest payable (1,600)

Increase in accounts receivable ( 1,400)

Decrease in bond premium (3,000)

Increase in accounts payable 7,000

Net cash flows from operating activities

$314,000

6 0
3 years ago
Question 9 of 20
inna [77]

Answer: C. An estimate that offers to provide goods and services at a

specified price and sometimes by a specified date

Explanation:

is the correct answer

4 0
3 years ago
A midwestern city negotiates a deal with a company to operate its parking meter system. the city will receive a lump sum payment
Goshia [24]
That is an example of privatization. The transfer of possession, assets or commerce from the government to the private sector is called privatization. The government ends to be the owner of the entity or business. The development in which a publicly-traded corporation is taken over by a few individuals is also called privatization.
6 0
4 years ago
The following data relate to the direct materials cost for the production of 50,000 automobile tires: Actual: 725,000 lbs. at $3
Afina-wow [57]

Answer and Explanation:

a. The computation of the material price variance is shown below:

= Actual Quantity × (Standard Price - Actual Price)

= 725,000 × ($2.95- $3)

= 725,000 × $0.5

= $36,250 unfavorable

b. The computation of the material quantity variance is shown below:

= Standard Price × (Standard Quantity - Actual Quantity)

= $2.95 × (730,000 - 725,000)

= $2.95 × 5,000

= $14,750 favorable

And, the total direct material cost variance is

= Material price variance + material cost variance

= $36,250 unfavorable + 14,750 favorable

= $21,500 unfavorable

3 0
3 years ago
Which of the jobs listed is likely to be the most influenced by creativity and the creative process?A) Warehouse workerB) Progra
umka2103 [35]

Answer:

C) Programmer

Explanation:

Creative process could be regarded as

a process of unconscious and conscious mind, it is a simple term of inspiration. It involves critical thinking and ability to solve problems with one skills. According to Graham Wallas who model a creative process, in the book of " The Art of Thought" told us about the stages involves in the creative process which are;

✓preparation (or saturation)

✓incubation

✓ illumination

✓ verification (or implementation).

Out of the given options only programming can be regarded as a creative process.

5 0
3 years ago
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