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
icang [17]
3 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]3 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.

You might be interested in
·In 1790 there were six slave states; in 1860 there were 15.
Nana76 [90]

Answer:

a

Explanation:

they are slaves again

6 0
3 years ago
In order for a person to recognize needs that are not being met and make a career out of fulfilling unmet needs, that person mus
horrorfan [7]
The answer is b. <span> sight and foresight</span>
3 0
2 years ago
Read 2 more answers
What is usually true in an autocracy?
Lana71 [14]

Answer:

B

Explanation:

All power is connected to a single person called an autocrat, or a tightly held group of people. The ruler has unlimited power and doesn't take input from others.

4 0
3 years ago
Read 2 more answers
Which would be the best title for this list?
salantis [7]
A. Major Ethnic Groups of North Africa
5 0
3 years ago
Why was the frankish king named Charlemange
juin [17]

Answer: His role as a (<u>zealous defender</u>) of Christianity.. Charlemagne gave <u>money and land</u> to the Christian church and protected the popes. As a way to acknowledge Charlemagne's power and reinforce his relationship with the church.

Explanation:

6 0
3 years ago
Read 2 more answers
Other questions:
  • The tilt of the Earth’s axis causes seasons. When it is wintertime in the Northern Hemisphere, which season is taking place in t
    11·1 answer
  • Which type of portfolio might a young investor who is not afraid of risk choose?
    13·1 answer
  • Which situation best illustrates an example of an opportunity cost?
    7·2 answers
  • Research software mentioned in this chapter, such as software for assisting in projects selection, enterprise project management
    9·1 answer
  • The "just say no" campaign was an effort to__
    7·2 answers
  • About <br> boudhanath stupa ​
    9·1 answer
  • Why is Protestant Christianity the dominant religion in South Africa?
    9·1 answer
  • What are some different ways that religions can spread? Explain at least TWO.
    7·2 answers
  • How did the US change after taking control numerous territories as a result of Spanish American war
    12·1 answer
  • What were the key features of the Qin political system?​
    13·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!