Noncash items, nonoperating items, and changes in current assets and liabilities are necessary adjustments to <u>net income</u>
In accounting, noncash objects are monetary gadgets which include depreciation and amortization which can be protected inside the enterprise' internet profits, but which do now not have an effect on the coins go with the flow.
Those non-coins sports may additionally include depreciation and amortization, in addition to obsolescence. Property, plant and gadget resides on the balance sheet. Those items are taken at the earnings assertion in small increments called depreciation or amortization.
They ought to be incorporated within the assertion of coins flows in a phase classified, "Significant Noncash Transactions."
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Answer:
the minimum acceptable price of this special order is $410.
Explanation:
Minimum acceptable price for the special order is the price that gives a Incremental<em> contribution margin of zero</em> or <em>a price that covers all costs related to supporting the special offer</em>.
Since the company has <em>excess capacity</em>, ignore the fixed costs as these are irrelevant for this decision
Costs to Provide for the Special Offer : Minimum acceptable price
Direct materials $150
Direct labor $60
Manufacturing support $105
Marketing costs $95
Minimum acceptable price $410
Answer:
C. income from operations for the year and only a loss on the disposal of the component's assets.
Explanation:
Income from discontinued operations is a line item of a company below Income from Continuing Operations and before Net Income on an income statement. It represents the after-tax gain or loss on the sale of a component of the business. It also shows the after-tax effect of the operations of the discontinued component for the period.
The amount that the company would report as income from discontinued operations is (ignore tax effects) <u>income from operations for the year and only a loss on the disposal of the component's assets.</u>
Answer:
Option A
Explanation:
First let's make see the what is the difference (they are not the same thing.) And then lets analize which statement is the most accurate.
A change in supply and a change in quantity supplied are different things. The change in supply is caused by changes in costs and incentives that change how much a producer can and will produce at a given price.
The change in quantiy supplied is caused simply by a change in the retail price of the product.
The change in <em>quantity supplied is shown as a movement along the curve</em>. While the change in <em>supply is shown graphically as a movement of the supply curve.</em>
As we can see, that means that A is the correct answer.
True true true true true true true
