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3 years ago

Which statements are true (for a firm without non-operating income or expenses)? EBIT _____.

Business

1 answer:

harkovskaia [24]3 years ago

6 0

Answer: a. is the same as operating income

d. does not include interest payments

Explanation:

The earnings before interest and taxes(EBIT) is used to measure the profit of a firm which has to do with all the incomes and the expenses that the firm makes except the income tax and the interest expenses.

It should be noted that EBIT is not the same as the net sales as it involves operating costs. Also, EBIT is higher than the net income.

Therefore, options A and D are the right answer.

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Accounts payable: Select one: a. Are amounts owed to suppliers for products and/or services purchased on credit. b. Are long-ter

Nutka1998 [239]

Answer:

The correct answer is letter "A": Are amounts owed to suppliers for products and/or services purchased on credit.

Explanation:

Accounts Payable is the amount of the total invoices currently awaiting payment by the company. These invoices are from suppliers of products and services that have recently been delivered. They are usually due within 15, 30 or 45 days after receiving the invoice from the vendor.

6 0

3 years ago

Charitable donations, entertainment expenses, and

sammy [17]

Answer: Things to consider when creating a budget.

Explanation: Trust me bro

8 0

3 years ago

to calculate your monthly lease payment on a three-year lease using the "residual value" of a $26,500 MSRP car, subtract the 48%

max2010maxim [7]

Answer:

The approximate monthly payment is $383

Explanation:

Here, we want to calculate the approximate monthly payment on a 3-year lease agreement and we have been told what to do in the question.

Firstly, we start off by subtracting 48% residual value from the MSRP

48% of 26,500 = 48/100 * 26,500 = $12,720

We subtract this from $26,500

That will be $26,500 - $12,720 = $13,780

We have 3 years and that is 36 months

So the approximate monthly payment will be;

$13,780 / 36 = 382.7777777777778 which is approximately $383 to the nearest whole digit

6 0

4 years ago

the administrative marketing and manufacturing operations that many international firms multinational firms and transnational fi

masya89 [10]

Answer:

divisions

Explanation:

Divisional organizational structure

can be regarded as structure that organizes the activities of a particular organization or business around a market, geographical, as well as product and service groups. A company could organize on divisional lines by having operating groups for different geographical Locations like in United States or Europe, all the divisions will individually contains complete set of functions, each could handle their different activities such as sales and

accounting activities.

It should be noted that divisions is

the administrative marketing and manufacturing operations that many international firms multinational firms and transnational firms have around the world.

4 0

3 years ago

Which of the following would be considered a cash inflow in the financing activities section of the statement of cash flows?

SIZIF [17.4K]

Answer:

1.Issuing bonds payable.

The company receive cash through third parties financial capital

Explanation:

financing activities

cash disbursement or cash proceeds from afinancing activities surch as:

loan, bonds, issuance of stock, treasury stock, notes, other.

4.Collection of a loan made to another company.

The company invest his cash in giving a loan to gain interest, it wasn't a financial decision to increase cash, it was an investment to generate cash.

2.Receiving cash from customers. it would be operating activites. It is a source of cash from the main activity.

3.Sale of equipment. It would be investing

7 0

3 years ago