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lawyer [7]
3 years ago
10

Which of the following would be subtracted from net income when determining cash flows from operating activities under the indir

ect method?
An increase in accounts payable.

Depreciation expense.

A decrease in prepaid insurance.

A gain on the sale of a depreciable asset.
Business
1 answer:
frosja888 [35]3 years ago
3 0

Answer:

A gain on the sale of a depreciated or to be depreciated asset.

Explanation:

A gain from sale of depreciated asset is added to net income while computing the net income.

While preparing the cash flow statement, using indirect method, we make adjustments to net income, in such adjustments, we decrease the value of gain recorded in such net income from sale of depreciated asset, as the entire amount of sale consideration is added in cash inflow from investing activity.

Thus the correct option for above is

Last Statement

A gain on the sale of a depreciated or asset which has to be depreciated.

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A CPA issued an unqualified opinion on the financial statements of a company that sold common stock in a public offering subject
JulijaS [17]

Answer:

The misstatement is immaterial in the overall context of the financial statements.

Explanation:

An immaterial misstatement is an omission that has not been treated correctly but is not significant enough to negatively influence the use of the financial statements or the decisions made by those using them. This immaterial misstatements do not represent fraud or intentional wrongdoing.

7 0
3 years ago
Is a leadership position for a club considered volunteer experience?
yarga [219]
Yes because you are helping put something together and are not being paid for it.
6 0
3 years ago
The Carter Corporation makes products A and B in a joint process from a single input, R. During a typical production run, 50,000
klemol [59]

Answer: $54,000 per production run

Explanation:

As we are dealing with the decision of whether or not to process the good further, the irrelevant cost would be the cost of producing product B from input R.

This is because this cost has already been incurred to produce product B and so is a sunk cost. Sunk costs are irrelevant to the decision to process further.

30,000 units of B were made from 90,000 units R so the cost of B is:

= 30,000 / 50,000 * 90,000

= $54,000

<em />

<em>The options here are probably for a variant of this question.</em>

8 0
3 years ago
Assume that at the end of the next year, Company A will pay a $2.00 dividend per share, an increase from the current dividend of
Bezzdna [24]

Answer:

The  value of the stock is $28.57

Explanation:

Data provided in the question:

Dividend paid at the end of the year, D1 = $2.00 per share

Increase in dividend = $1.50 per share

Growth rate, g = 5% = 0.05

Required rate of return = 12% = 0.12

Now,

Price with constant Dividend Growth model = D1 ÷ ( r - g )

= $2 ÷ ( 0.12 - 0.05 )

= $28.57

Hence,

The  value of the stock is $28.57

4 0
3 years ago
when considering the materials aspect of your art show budget, you should consider everything you need others to do to make the
sladkih [1.3K]

When considering the materials aspect of your art show budget, you should consider everything you need others to do to make the show happen, this statement is false.

An art show is historically the distance wherein artwork objects meet an target market. The showcase is universally understood to be for a few brief duration except, as is hardly ever genuine, it is said to be a "everlasting exhibition". In American English, they may be referred to as "showcase", "exposition" or "display".

What is the reason of an art show?

"Short solution: to make artists' ideas public. "long answer: The reason of an art show is ultimately unique to every exhibition, pushed with the aid of artists' ideas, the context of the distance, and the organizer/curator.

How do I get into art show?

Recognize the topic.

Study and understand the rules thoroughly.

Follow the regulations.

Input the most quantity of portions that you are allowed.

Provide the info but not any greater than that.

Enter as many suggests as possible.

Do not take it for my part in case your artwork doesn't get in.

Learn more about art show here:- brainly.com/question/25729154

#SPJ4

8 0
2 years ago
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