Which of these economic goals is most important in a traditional economy? select one:

The major classifications of activities reported in the statement of cash flows are operating, investing, and financing. Classif

____ [38]

Answer: Your question is incomplete, as you omitted the transactions which i will add for you in the Explanation Section.

Explanation:

The transactions are as follows with the corresponding activities

(a) Issuance of common stock. ------Financing Activity

(b) Purchase of land and building----- Investing Activity

(c) Redemption of bonds------ Financing Activity

(d) Sale of equipment. ------Investing Activity

(e) Depreciation of machinery----Operating Activity-Add to Net Income

(f) Amortization of patent.-----Operating Activity-Add to Net Income

(g) Issuance of bonds for plant assets.----Reported as Significant Non-cash Activity

(h) Payment of cash dividends. -------Financing Activity

(i) Exchange of furniture for office equipment. -------Reported as Significant Non-cash Activity

(j) Purchase of treasury stock. ------Financing Activity

(k) Loss on sale of equipment. -------Operating Activity-Add to Net Income

(l) Increase in accounts receivable during the year.------Operating Activity-Deduct from Net Income

(m) Decrease in accounts payable during the year.------Operating Activity-Deduct from Net Income

6 0

3 years ago

Type: Newspaper Article

mamaluj [8]

The best answer choice is D.

5 0

3 years ago

The Stibbe Construction Company switched from the completed contract method to the percentage-of-completion method of accounting

Svetllana [295]

Answer:

The correct answer is A

Explanation:

Change in accounting principle is the term which is defined as when the business choose among the GAAP (generally accepted accounting principles) or changes the method with which the principle is used. These principles impact the way or the method used, and then estimates the particular recalculation.

For example, company using the different method of depreciation after the 1st year of operations pr switching among FIFO to LIFO methods of inventory valuation.

So, in this case, the company switch or change the completed contract method to the percentage of completion accounting method. Therefore, the company uses the change in the accounting principle.

6 0

3 years ago

Read 2 more answers

Which of the following is NOT a repayment plan option?

max2010maxim [7]

Answer: Loan forgiveness repayment plan.

Explanation:

The Extended Repayment Plan: This is a repayment plan option whereby the loan can be paid back for a period of about 25 years.

The Income-Sensitive Repayment Plan: This is a repayment plan option for those who want low income. Here, payment can either increase or reduce based on what the person earns annually.

The Graduated Repayment Plan: This is a repayment plan option which increases every two years.

The loan forgiveness repayment plan is not a repayment plan option.

4 0

3 years ago

To increase productivity, the clown factory decides to have a contest. the person who completes the most clowns on monday does n

Nadusha1986 [10]

The factory is using negative reinforcement.

You can either have reinforcement or punishment and either of those can be positive or negative. Reinforcement is used when you want a behavior to continue. Punishment is used when you want to stop that behavior from continuing. Positive means you gain something and negative means you get something taken away/stopped.

Since the factory wants it's workers to continue making more and more clowns, reinforcement is being used. Since the factory will take away the requirement of having to come to work on Tuesday, the reinforcement is negative.

5 0

4 years ago