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Alexus [3.1K]
3 years ago
5

Each of the following transactions appear on the statement of cash​ flows, EXCEPT: A. depreciating longinus lived assets. B. acq

uiring longminus lived assets. C. disposing of longinus lived assets for non cash proceeds. OF. selling longminuslived assets.
Business
1 answer:
KiRa [710]3 years ago
3 0

Answer:

C. disposing of long minus lived assets for non cash proceeds

Explanation:

As we know that

Cash flow statement deals with the cash inflow and cash outflow of cash payments which increase or decrease the cash balance.

In another words, the inflow of cash increases the cash balance whereas the outflow of cash is decreases the cash balance

It includes operating activities, investing activities, and the financing activities.

Since all the given options includes the cash transactions except c.

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A(n) (transection)  model is an outsourcing fee model that charges a variable fee based on the volume of transactions or operations performed by the application.(transection
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The type of distribution error that involves giving average ratings to all employees is called _____. select one:
Nina [5.8K]
The answer is letter a which is central tendency. It is because this is where managers give ratings to their employees or evaluate their employees base on their performances. And usually, they provide a rating to their employees as average because of the given factors that will fall in this decision. It could be because they fall within the rage, which they had provided, having them to have average ratings.
5 0
3 years ago
40. If you could live anywhere, where would it be?
ozzi

Answer:

40. Somewhere peaceful surrounded by nature

42. i am actually not sure

5 0
2 years ago
The following income statement items appeared on the adjusted trial balance of Schembri Manufacturing Corporation for the year e
Andrew [12]

Answer:

A.Net income $5,155

Earning per share :-

Income from continuing operation 3.20

Income from discontinued operation 0.47

Net income 3.67

B. Comprehensive income $5,215

Explanation:

A. Preparation of statement of comprehensive income for 2021, including earnings per share disclosures

SCHEMBRI MANUFACTURING CORPORATION

Statement of Comprehensive Income

For the Year Ended December 31, 2021

($ in 000s)

Sales revenue $17,900

Cost of goods sold ($7,500)

Gross profit $10,400

Operating expenses:

Selling expenses ($1,430)

General and administrative expenses ($930)

Restructuring costs ($1,600)

Total operating expenses ($3,960)

Operating income $6,440

(10,400-3,960)

Other income (expenses):-

Loss on sale of investment $(350)

Interest expenses $(310)

Interest revenue $200

Other income (expenses) $(460)

Income from continue operation before income tax $5,980

(6,440-460)

Income tax expenses (25%*5,980) $1,495

Income from continuing operations $4,485

(5,980-1,495)

Discontinued operation :-

Income from operation of discontinued component (1,660-680) $980

Income tax expenses $(310)

Income from discontinued operation $670

(980-310)

Net income $5,155

(4,485+670)

Other comprehensive income (loss)

Unrealized gain from investment,net of tax [460*(1-25%)] $345

Loss from foreign currency translation , net of tax [380*(1-25%)] $(285)

Total other comprehensive income $60

(345-285)

Comprehensive income $5,215

(5,155+60)

Earning per share :-

Income from continuing operation 3.20

Income from discontinued operation 0.47

Net income 3.67

Workings for Earning per share

Weighted average share = 1,000,000+(800,000/2)

Weighted average share = 1,000000+400,000

Weighted average share = 1,400,000

Net income from continue operation = 4,485/1400 = 3.20

Net income from discontinued operation = 670/1400 = 0.47

2. Preparation of a separate statement of comprehensive income for 2021.

SCHEMBRI MANUFACTURING CORPORATION

Statement of comprehensive income

For the year ended December 31,2021

Net income $5,155

(4,485+670)

Other comprehensive income (loss)

Unrealized gain from investment,net of tax [460*(1-25%)] $345

Loss from foreign currency translation , net of tax [380*(1-25%)] $(285)

Total other comprehensive income $60

(345-285)

Comprehensive income $5,215

(5,155+60)

5 0
3 years ago
A small business invests $9,900 in equipment to produce a product. Each unit of the product costs $0.65 to produce and is sold f
Lelechka [254]

Answer:

To break even the company must sell

Explanation:

The position at which the company is at no profit and loss position then it is said that the company is at breakeven position.

Break-even position can be found from the following position:

Breakeven position = Fixed cost /  contribution per unit

The fixed cost here is initial investment which is $9900 and the contribution can be found by taking the difference between selling price per unit and variable cost per unit. The contribution per unit is $0.55 per unit ($1.2 - $0.65). By putting values in the above equation we have:

Breakeven position = $9900 / $0.55 per unit = 18000 Units

So 18000 units are required to sell to reach at a no profit no loss position.

3 0
3 years ago
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