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3 years ago

Why would deca, an international association of marketing students, be classified as a nonprofit organization?

1 answer:

5 0

<span>It functions like a business but uses the money it makes to fund the cause identified in its charter. The student organization does not make any profits on their activities and instead donates them to charity.</span>

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Comparative balance sheets for Pina Colada Corp. are presented as follows. Pina Colada Corp. Comparative Balance Sheets December

DerKrebs [107]

Answer and Explanation:

The Preparation of cash flows for 2020 using the indirect method is shown below:-

Cash flow from Operating Activities

Net income $134,100

Add: Adjustments to reconcile net income

Add; Depreciation on property, plant and equipment $25,000 ($66,250 - $41,250)

Less: Increase in Accounts receivable ($8,300) ($84,350 - $76,050)

Add: Decrease in Inventory $7,750 ($180,500 - $188,250)

Less: Decrease in Accounts payable ($12,950) ($33,400 - $46,350)

Net cash provided by Operating Activities $145,600

Cash flow from Investing Activities

Add:Sale of Land $24,850

Less: Purchase of equipment ($49,800) ($249,600 - $199,800)

Net cash used in Investing Activities ($24,950)

Cash flow from Financing Activities

Issue of common stock $48,900

Less: Redemption of bonds ($50,700)

Less: Dividend paid ($68,300)

Net cash used in Financing Activities ($70,100)

Net increase in Cash and Cash Equivalents $50,550

Cash in the beginning of the period $22,400

Ending cash balance for the year $72,950

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3 years ago

Blossom, Inc. acquired 20% of Nash Corporation's voting stock on January 1, 2021 for $870000. During 2021, Nash earned $361000 a

alexira [117]

Answer:

$72,200

Explanation:

For computing the amount included in the income statement as an investment we need to applied the equity method which is shown below:

= Earned amount × given percentage

= $361,000 × 20%

= $72,200

We simply multiply the earned amount by Nash with the acquiring percentage i.e 20% so that the amount could come and the same is to be included in the income statement

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3 years ago

Which of the following databases provides end-of-day daily prices and historical prices for U.S. Corporate, Treasury and Agency

Vaselesa [24]

Answer:

a. FactSet Prices & Derived Analytics

Explanation:

the answer to this question is option A. Factset prices and analytics gives financial data as well as analytic data to the global investment world. this company gets data directly from suppliers, these suppliers are usually third party data suppliers, other sources are form news channels, fro exchangers. it also provides analytic services to companies that want to track their portfolios.

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3 years ago

In the context of human resource management challenges, which of the following statements is true of women workers?A) Many profe

Nataly_w [17]

Answer: A) Many professional women step out of the workforce early to start their own companies.

Explanation:

There are several human resource management challenges such as compliance with organization rules and laws, adaptation to innovation, recruitment challenges etc.

In the context of human resource management challenges, the most likely true option is that many professional women step out of the workforce early to start their own companies. Unlike their male counterparts who can stay for a very long time, the reverse is usually the case with women.

5 0

3 years ago

Sydney has inherited her grandmother's estate worth approximately $4.5 million. She is worried about paying taxes on the estate

weeeeeb [17]

Answer:

She pays the inheritance tax , while the estate is responsible for the estate tax.

Explanation:

Inheritance tax is a form of tax that every beneficiary of an inherited estate must pay. Regardless of the situation and location of the inherited property , inheritance tax is calculated individually for different beneficiary.

The estate in which a particular property is located is responsible for the estate tax. This is calculated based on the value of the property and paid by the estate management for all properties within the estate before rents are remitted to the landlords.

4 0

3 years ago

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