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icang [17]
2 years ago
9

Deed Co. owns 2% of Beck Cosmetic Retailers. A property dividend by Beck consisted of merchandise with a fair value lower than t

he listed retail price. Deed in turn gave the merchandise to its employees as a holiday bonus. How should Deed report the receipt and distribution of the merchandise in its statement of cash flows?
Social Studies
1 answer:
koban [17]2 years ago
4 0

Answer:

As a non-cash activity.

Explanation:

The Cash Flow Statement is a financial statement that has the purpose of reporting all transactions of the company in a period. One of the main purposes of the Cash Flow Statement is to detail the source of funds the company has, as well as the way they were used. Based on this, we can state that since Deed Co. has delivered the value of its goods received to its employees as a holiday bonus, this transaction cannot come in as a monetary activity because it does not report a movement of the company, so the transaction should be reported as a non-monetary activity.

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Answer:

Qualitative

Explanation:

According to my research on different research approaches, I can say that based on the information provided within the question this type of data gathering can be referred to as a qualitative approach to describing behavior. Qualitative refers to the process of focusing more on quality as opposed to focusing more on the quantity.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

4 0
3 years ago
Henry always avoids talking about his past, in large part because he spent some time in prison. when his fiancée, carla, finds o
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<span>Carla is accusing Henry of deception due to <u>“Omission”.</u></span>

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3 years ago
Which document serves as a primary source for interpretation of the Constitution, as it outlines the philosophy and purpose of t
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The articlEs of condfedration
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the imaginary straight line that something (such as the Earth) turns around.  a straight line that divides a shape evenly into two parts.

Explanation:

Hope this helps :)

5 0
3 years ago
What is one limitation on the president’s foreign policy power? Which branch of government places this check on the president’s
Ray Of Light [21]

<u>Answer:</u>

The one limitation on the president’s foreign policy power is the President can make treaties with foreign entities but he has to present those treaties to the Senate for ratification before getting them signed. Hence, the branch that places this check on the President's foreign policy power is the United States Congress.

<u>Explanation:</u>

  • The principle of checks and balances endorsed by the United States Constitution also applies to the supreme most leader of the nation.
  • In order to cease the President from exercising absolute power in the matters of foreign relations and allied issues, the United States Congress has been given the power to put a check on the authority of the President.
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2 years ago
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