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
If you were to create a green, sustainable city, what would it look like? Put 5 things you would put in your city to make it gre
lesantik [10]

Answer:

Here:

Explanation:

If I was to make a city green; this is how I would make it. I would make the residents only use non-gasoline/deiseal engines. They could use skateboard and bikes but with automobiles, they would have to use electric cars. The city would have a center park with many trees and bushes, and there would be a lot of grass.

7 0
3 years ago
Read 2 more answers
A recent study found that an increase in the federal tax on beer (which would increase the price of beer) would reduce the deman
SOVA2 [1]

Answer:

A beer and marijuana are complementary goods

Explanation:

Based on the relationship described in the given statement it can be suggest that beer and marijuana are complementary goods. This is because of the fact that when the price of one item (beer) is increased due to taxation then this means that its demand might decrease due to higher prices now. But this decrease in beer demand then results in the decrease in demand and consumption of the other (marijuana). This presents a very clear process that the decrease in one leads to decrease in other hence they are complementary goods.

3 0
3 years ago
Which of the following was a contract between the English king and nobles that limited the power of the king? (4 points)
Vlad1618 [11]

Answer:

The magna carta

Explanation:

Here is a explanation magna carta only protected the rights and privileges of nobles

8 0
2 years ago
Help with 3 and 4 please
Naya [18.7K]
I think number 3. is: They allowed cities to export goods. 
6 0
4 years ago
Federal vs State government essay
Igoryamba

Each state has their own specific unique laws established individually for their state. In conjunction with those laws that exist over the people in their specific state there are also federal laws that govern the states as well as the people who live in them. These laws that govern the people are known as state laws and federal laws. The U.S. Constitution is the supreme law of the land in the United States. “It creates a federal system of government in which power is shared between the federal government and the state governments. Due to federalism, both the federal government and each of the state governments have their own court systems (Comparing State & Federal Courts, 2013)”.

The Constitution provides the federal government the authority it needs to handle the nations international affairs as they deal with foreign policy, this enables the federal government to create and establish the national defense needs of the nation, and it also allows them the power to handle and deal with the issues which are currency related inside the nation. The federal government is superior to state government, and, because of this federal law will override state law.

The Fourteenth Amendment in the United States Constitution designates that the Bill of Rights valid in each state. According to the Constitution federal law is designated to govern items passed in legislation by the United States Congress, and federal law is meant to govern the executive decisions and orders made by the president of the United States. Federal law is also meant to uphold the decisions made by the federal courts according to the rules outlined in the Constitution. The United States Supreme Court is used as the final arbiter for resolution in cases in which the concern is federal law, and federal laws are codified in the United States code and are more powerful and hold a greater weight than the state law (FindLaw, 2012).

State law in short, is the law of the land that governs each state separately. Each state has their own unique designs of laws and each state has their own laws, which are created in their own legislation. The laws that each state creates are created as a bill and passed in each individual state by his or her own state legislature and are approved and signed by the specific state’s governor. The problem with their relationship is that habitually while there is a requirement to exist in general they cannot coexist and when this happens conflicts arise. When conflicts arise the problems are generally taken to federal courts to attempt to find a resolution (The Federal Legal System, 2014).

According to Cornell University Law (2012), “Furthermore, all federal, state, and local officials must take an oath to support the Constitution. This means that state governments and officials cannot take actions or pass laws that interfere with the Constitution, laws passed by Congress, or treaties. The Constitution was interpreted, in 1819, as giving the Supreme Court the power to invalidate any state actions that interfere with the Constitution and the laws and treaties passed pursuant to it.

The general concern with the medical marijuana problem is that although some states have made it a legal substance, which could indeed be used for medical purposes, the fact still remains that even though states have made it legal by federal law, it is a substance that is illegal. Some states have chosen to take the initiative to make marijuana and its sell and distribution legal as long as a doctor is treating those purchasing it and have a legitimate need for it (NCSL, 2014).

7 0
3 years ago
Other questions:
  • Linear perspective is used to ________. Group of answer choices represent the illusion of three-dimensional space in two dimensi
    14·1 answer
  • How does your gender influence your life?
    12·1 answer
  • In what way can piggy with his spectacles be seen as representing the rational, scientific aspects of society?
    12·2 answers
  • sociology quiz Miguel is doing a research paper on New York City's Stone Wall riots of 1969. He visits the scene of the riots, i
    7·1 answer
  • Hip-hop began as a musical style in the United States decades ago. The Japanese have since developed their own version of hip-ho
    11·1 answer
  • Brooke's family consists of her biological mother, biological sister, and stepfather. This kind of unit is known as
    5·2 answers
  • Robert orders coffee while having breakfast in a diner. he suffers third-degree burn injuries when the coffee accidently spills
    14·1 answer
  • Given that most of the world population today speaks and writes multiple languages today, do you think that Zipf law applies to
    8·1 answer
  • Marla and Aisha both playing with their own dolls in the same area, but they are not talking to each other – only to their own i
    11·1 answer
  • What other strategies help a speaker to encourage retention in a speech with a primarily informative goal? ​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!