1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
LekaFEV [45]
3 years ago
7

on the statement of cash flows prepared by the indirect method, a $50,000 gain on the sale of investments would be a. deducted f

rom cash received from the sale to determine cash flows from investing activities. b. added to cash received from the sale to determine cash flows from investing activities. c. deducted from net income in converting the net income reported on the income statement to cash flows from operating activities. d. added to net income in converting the net income reported on the income statement to cash flows from operating activities.
Business
1 answer:
andrew11 [14]3 years ago
3 0

Answer:

A. Deducted from cash received from the sale to determine cash flows from investing activities.

Explanation:

In the indirect method, the statement of cash flows is prepared by substracting from sales revenue, the corresponding actual amounts of cash that were received.

A $50,000 gain on the sale of investments is, as the name implies, a revenue obtained from investing activities. By the indirect method, from this amount, the actual cash inflows and outflows would be added or substracted to obtain the final result.

You might be interested in
Marigold Corp. Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $8,400. A
just olya [345]

<u>Solution and Explanation:</u>

<u>The following calculation is made in order to find out the value of sales tax which is payable</u>

Sales including the sales tax = $8,400  

Sales tax rate = 5%  

Sales Tax [\$ 8400 / 105 \% \times 5 \%] = $400  

Sales [\$ 8400 / 105 \% \times 100 \%] = $8,000  

Sales Tax payable = $400  

<u>The following Journal Entry will be passed in the books of accounts</u>  

Date Account Title              Debit Credit

Mar 16 Cash                   $8,400  

     Sales                                    $8,000

   Sales Tax Payable                       $40

5 0
3 years ago
If the price level​ increases, then
timurjin [86]

Answer:

A. There will be a movement up along a stationary aggregate demand curve.

Explanation:

The aggregate demand curve is downward sloping in light of the fact that a decrease in the price level causes consumption, investment, and net exports to increment. In the event that the price level changes yet all else stays consistent, at that point the economy will go up or down a stationary aggregate demand curve.

4 0
3 years ago
When you read a case, you should:
elixir [45]

Answer: Find the facts, look for the issue, identify the judge's reason and conclusion, locate the rules of law that govern the reasoning, and apply critical thinking to the judge's reasoning.

Explanation:

When reading cases, one must first get acquainted with the facts of the case so look for them first. From this you can be able to look for the issue in question.

After this then read the Judge's conclusion as well as the Judge's reason for concluding the case as such. The Judge will base their ruling on rules of law so you should locate those laws as well as others that you think might be relevant and then finally apply critical thinking to the Judge's decision to see if the Judge interpreted and applied the law as it should have been.

8 0
3 years ago
Issues such as marketing's position and authority in a firm's hierarchy, the overall market orientation of the firm, and the emp
il63 [147K]

Answer:

Organizational Structure

Explanation:

The organizational structure is the system designed to assist the management by providing a procedure which is followed from the top to bottom of the organization to achieve the set objectives and goals of the organization. The department of the organization acts just like our body organs and are integrated with each other which lead the organization to achievement of objectives. So in the scenario, the question talks about departments that are part of organization structure and internal environment of organization.

3 0
3 years ago
A local portrait photographer currently employs 2 helpers for the busy Fall season. With two helper she can produce 450 packets
Cerrena [4.2K]

Answer:

The marginal product for the third worker is 150 packets

Explanation:

Marginal product is the change in the output of a firm as a result of an additional input or factor of production. These additional inputs may include materials, labor etc.

The Marginal product for the third worker can therefore be calculated as

change in Total product / change in labour

change in total product = New packets of senior portrait -  old packets of senior portraits ( 600 - 450) =   150  

change in labour ( 3 - 2 ) = 1  

150/1 = 150 packets

6 0
3 years ago
Other questions:
  • Berk Company produces three products: Tic, Tac, and Toe. Tic requires 160 machine setups, Tac requires 150 setups, and Toe requi
    5·1 answer
  • Damian works at the Container Store. While he is placing inventory on the shelves, a customer comes up to him. The customer ment
    15·1 answer
  • Which of the following best describes the term customer contact points? Group of answer choices
    9·1 answer
  • Carri and Dane, ages 34 and 32, respectively, have been married for 11 years, and both are active participants in employer quali
    6·1 answer
  • Which type of cover letter would the above excerpt come from? a. Prospecting cover letter b. Networking cover letter c. Applicat
    5·2 answers
  • Suppose that you are the manager of a large retail store that is currently experiencing a shoplifting problem. Every hour, $25 w
    11·1 answer
  • Consider four different stocks, all of which have a required return of 15 percent and a most recent dividend of $4.20 per share.
    14·1 answer
  • Using the letters above and the format below, indicate the balance sheet category in which an entity typically would place each
    12·1 answer
  • My question is how much do you love Jesus
    11·1 answer
  • All of the following are Forecasting methods with the exception of: Group of answer choices a. Econometric methods b. Time serie
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!