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iren2701 [21]
2 years ago
10

What transactions are included in income from continuing operations? briefly explain why it is important to segregate income fro

m continuing operations, from other transactions affecting income?
Business
1 answer:
Advocard [28]2 years ago
3 0
<span>Transactions that are included in continuing operations are income from revenue,expenses, gains and losses.These are the components that will probably continue in future periods. It is important to segregate income from continuing operations from other transactions that affecting net income, because the information will help analysts predicts future cash flows.</span>
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Malik Corp.'s bank statement has an ending balance of $50,000. The deposits in transit were $6,000. NSF checks were $1,000. Chec
olya-2409 [2.1K]

Answer:

Corrected cash balance =

Ending balance           = $50,000

Deposit in transit         = + $6,000

NSF Checks                 =  - $1,000

Outstanding checks    <u>=  - $3,000</u>

Corrected cash balance = $52,000

Explanation:

To make Adjustments to the cash balance, follow these steps;

  • Ending Balance from Bank statement
  • Add Deposits in Transit
  • Deduct NSF checks
  • Deduct Outstanding checks

6 0
3 years ago
Ryan attends a seminar on environmental conservation, and afterward decides to contribute to the conservation of the environment
Nostrana [21]

Answer: 1) Planting trees around him 2) Using bio and solar powered appliances

Explanation:

They are many ways to conserve the environment. Conserving the environment helps the earth and nature to grow better. Amongst all Ryan would have learnt from the training, here are some things he would do when he's back;

- Planting of trees; this helps preserve and purify the air around, reducing cabon monoxide as the plant takes it in, then gives oxygen.

- Use bio and solar powered appliances; fuel(petrol) has had a long run in the industry for energy, although it has it's advantages but it's disadvantages is more as it's the major contributor to the depreciation of the environment based on lots of toxic element it emits to the society

6 0
2 years ago
A negative net present value means that the___________
Temka [501]

Answer:

D : project's rate of return is less than the required rate of return.

Explanation:

Net present value (NPV) is a projects evaluation technique that analyzes the present values of predicted future revenues and expenses. In other words, NPV is the current value of future inflows minus costs.  In calculating the NPV, future values are discounted with an appropriate discount rate to give the present value.

The NPV can be a positive, zero or negative. Projects with positive  NPV are preferred because they are considered profitable.  A negative NPV signals that the present value of the expected inflows is lower than the current value of the projected cost at the required discount rate. If the discount rate is maintained, the project is a loss-making venture.

The use of a very high discount rate may give any projects a negative NPV.

6 0
3 years ago
3. What role did CDS play in the financial crisis?
ehidna [41]

Just like an insurance policy, a CDS allows purchasers to buy protection against an unlikely event that may affect the investment. ... During the financial crisis of 2008, the value of CDS was hit hard, and it dropped to $26.3 trillion by 2010 and $25.5 trillion in 2012.

7 0
3 years ago
Refer to Exhibit 31-4. If a negative externality exists, then curve __________ represents the marginal social cost curve and the
IrinaK [193]

Answer:

Demand

Consumer interference

Explanation:

The social demand curve represents the benefit of demand to the whole society whereas the normal demand curve represents the benefits to the consumers only. The demand curve represents the social cost curve and the market failure is analyzed by the customer interference.

7 0
3 years ago
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