The correct answer is d. not be shown.
It should be shown as an addition to net income of $180,000
Explanation:
- The receipts from insurance companies totaled $600,000
- The receipt of insurance was $180,000 less than the book values.
- The cash flows (indirect method), the flood loss should not be shown
- It should be shown as an addition to net income of $180,000.
- The indirect method gives the statement of cash flows from beginning with the net income or loss.
- Most companies chooses to report the cash flow statement by using the indirect method because the accounting provides a better measure when the cash flows of the business activity.
- An indirect method is defined as a reporting format for the cash flow statement which begins with net income and controls it for the cash operating activities throughout the year to arrive at the ending cash balance.
World bank provides them loan if their economic balance is negative for certain time
Answer:
A. No, this was a unilateral mistake of fact by Sid.
Answer:
3
Explanation:
The computation of the degree of operating leverage is shown below:
= (Sales - Variable expense) ÷ (Sales - Variable expense - Fixed expense)
= ($700,000 - $490,000) ÷ ($700,000 - $490,000 - $140,000)
= $210,000 ÷ $70,000
= 3
The (Sales - Variable costs) = Contribution margin
The (Sales - Variable costs - Fixed costs) = EBIT i.e Earnings before interest and taxes
Answer:
The correct answer is letter "A": branding.
Explanation:
Branding is the marketing approach by which a company creates an exclusive image, name, or design or more than one at the same time to provide consumers with a product that is different from its competitors. Typically, in the branding provides the product's core feature with an additional advantage to engage consumers in purchasing.
