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adell [148]
3 years ago
10

Which of the following statements is correct? A. Assets on the balance sheet include retained earnings. B. Retained earnings inc

ludes common stock. C. The balance sheet equation states that assets equal liabilities. D. A corporation's net income does not necessarily equal its net cash flow from operations.
Business
1 answer:
devlian [24]3 years ago
4 0

Answer:

cvbcvjrhsfgsgdafffaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

Explanation:

cvcvvc

afffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffsafsafasfadfadfdf

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How much is round trip plane ticket cost from cleveland ohio to phoenix arozona
Marizza181 [45]
Depends on which airline you take
lowest cost 118 highest around 260
6 0
2 years ago
Which of the following statements regarding horizontal analysis is not true? Multiple Choice a.Percentage analysis involves comp
dalvyx [7]

Answer:

The answer is B In horizontal percentage analysis, a financial statement line item is expressed as a percentage of the previous balance of the same item.

Explanation:

Horizontal analysis of a balance sheet shows changes in individual assets, liability, and equity items over time.

Horizontal analysis of an income statement compares the amount of each item on a current income statement with the same item on an earlier income statement.

Horizontal analysis is used in financial statement analysis to compare historical data, such as ratios, or line items, over a number of accounting periods. Horizontal analysis can either use absolute comparisons or percentage comparisons, where the numbers in each succeeding period are expressed as a percentage of the amount in the baseline year, within the baseline amount being listed as 100%.

4 0
3 years ago
Highway 151 Inc. can further process 2,500 pounds of Product C to produce Product M. Product C is currently selling for $36 per
Grace [21]

Answer:

$27,500

Explanation:

Revenue from the sale of  Product C = $36 × 2500

                                                             = $90,000

Cost to produce Product C = $14 × 2500

                                             = $35,000

Revenue from the sale of Product M = $47 × 2500

                                                              = $117,500

Differential Total Net Revenue of producing Product M

= $117,500 - $90,000

= $27,500

4 0
3 years ago
Read 2 more answers
On May 1, Tango Co. agreed to sell the assets of its Formal Wear Division to Top Hat Inc.
beks73 [17]

Answer:

This gives a net losses from discontinued of operations of $13.5m

After having deducted tax benefit of $4,5m

Explanation:

Kindly find attached spreadsheet showing of the computations from US GAAP's perspective

Mind the use of formulas highlighted before each calculation

Download xlsx
3 0
3 years ago
Read 2 more answers
The primary purpose of an ethics audit is to ____.
il63 [147K]

Answer:

c. evaluate a company's ethical culture

Explanation:

Ethics auditing is used to systematically evaluate an organization's effectiveness when it comes to performance ethics and programs. This will determine both the internal and external impacts of ethical performance. It also helps in identifying the problems and  risks  in outgoing activities. This way the company can take necessary measures to correct, adjust or eliminate  any ethical concerns that may arise.

4 0
3 years ago
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