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Scrat [10]
3 years ago
14

Which of the following would cause net income on the accrual basis to be different from (either higher or lower than) "cash prov

ided by operating activities" on the statement of cash flows?Paid advertising expense. Purchased supplies for cash. Purchased land for cash. Paid dividends to stockholders.
Business
2 answers:
ra1l [238]3 years ago
8 0

Answer:

Purchased supplies for cash

Explanation: Net income is a term used in Financial Institution to describe the total amount earned by a business Organisation after the total cost or expenses and taxes have been deducted, it can also be called the Net profit.

Accrual based accounting is an accounting concept that tends to recognize and record earnings as at when they are earned rather than when cash is received.

PURCHASED SUPPLIES FOR CASH IS THE POSSIBLE SITUATION WHERE NET INCOME CALCULATED USING ACCRUAL BASIS WILL BE DIFFERENT FROM "CASH PROVIDED BY OPERATING ACTIVITIES" IN THE CASH FLOW STATEMENT.

Ostrovityanka [42]3 years ago
4 0

Answer:

Purchased Supplies for cash.

Explanation:

Purchased Supplies for cash is cash outpouring for working exercises, however won't be accounted for as a cost until the provisions are utilized.

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Elvis values the first gravy sandwich at $5, the second at $4.50, and the third at $4. If he buys three sandwiches for $4 each,
12345 [234]

Answer:

Consumer Surplus = $1.50

Explanation:

Consumer surplus is the difference between what a consumer is willing to pay for a given amount of goods or services and what he ends up paying.

Therefore,

Consumer surplus = Amount consumer is willing to pay less amount paid

Given that

Elvis is willing to pay 5 + 4 + 4.50 = 13.50 for three

Price of 3 sandwich = 3 × 4 = 12

Consumer surplus = 13.50 - 12

= $1.50

6 0
2 years ago
Workers who get to be a part of effective teams are likely to have
dimulka [17.4K]
Increased self-esteem.
3 0
3 years ago
Read 2 more answers
Use the following data to determine the total dollar amount of assets to be
gavmur [86]

Answer:

=$350,000

Explanation:

Property, plant, and equipment are the tangible long-term fixed assets of a company. The total of PPE is the sum of all fixed long term assets minus accumulated depreciation.

There are fixed assets hence will appear on the asset side of the balance sheet. For Koonce Office Supplies, PPE will include

Land : $180,000

Buildings: $210,000

Total = $180,000 + $210,000

Total = $390,000

less accumulated depreciation

=$390,000 -$40,000

=$350,000

4 0
3 years ago
If a radio station holds an online contest in which you must log in to its website and submit personal details such as name, pho
alukav5142 [94]

The complete question should be:

If a radio station holds an online contest in which you must log in to its website and submit personal details such as name, phone number, and e-mail in order to participate, the radio station is:

A.) Offering an exchange.

B.) Hoping to receive feedback.

C.) Overstepping its role.

D.) Implementing a CRM program.

E.) Behaving unethically.

Answer: Offering an exchange.

Explanation:

The radio station is giving their users an offer in the form of an exchange, where a prize is to be won in exchange for personal data submitted by their users. An exchange takes place between two or more individuals, where each individual gives away an item to receive another.

6 0
3 years ago
Magic Events, Inc. is a global concert promoter that is organizing the world concert tour of the newest boy band. The company ha
svlad2 [7]

Answer:

As much advertising to fans as possible

Explanation:

Events triangle is a marketing model that shows the 3 components of event planning. These are:

- Participants: are those that provide content in the event. These include Master of ceremonies, performers, and so on

- Sponsors are those that provide the funding for the event. A major factor for sponsors is the potential of the event bringing return on investment.

- Spectators are those that receive the content being marketed in an event. They pay fees to be able to obtain entertainment.

In this scenario Magic Events are organising a world concert.

The most important part of the event triangle is the spectator. They pay for the concert and drive revenue.

So Magic Events should advertise as much as possible to get more spectators

3 0
3 years ago
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