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Pepsi [2]
3 years ago
13

Several line items and account titles are listed below. For each, indicate in which of the following financial statement(s) we w

ould likely find the item or account: income statement (IS), balance sheet (BS), statement of stockholders' equity (SE), or statement of cash flows (SCF). a. Cash assetb. Expensesc. Non-cash assetsd. Contributed capitale. Cash outflow for capital expendituresf. Retained earningsg. Cash inflow for stock issuedh. Cash outflow for dividendsi. Net income
Business
1 answer:
Ainat [17]3 years ago
6 0

Answer:

a. Cash asset - Balance Sheet (BS) and Statement of Cash Flows (SCF)

Cash is recorded as an asset in the balance statement and derived from the statement of cash flows.

b. Expenses - Income statement (IS)

Expenses are deducted from revenue in the income statement to come up with Net Income.

c. Non-cash assets - Balance Sheet (BS)

Non-cash assets are recorded in the balance sheet as all assets are.

d. Contributed capital - Balance Sheet (BS) and Statement of stockholders' equity (SE)

Contributed capital from shareholders will appear in the equity section of the balance sheet and in the statement of equity.

e. Cash outflow for capital expenditures - Statement of Cash Flows (SCF)

This is a Cashflow statement entry under Investing activities.

f. Retained earnings - Balance Sheet (BS) and Statement of stockholders' equity (SE)

Retained earnings will go into the balance sheet and the statement of equity.

g. Cash inflow for stock issued - Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Cash inflow from stock issued will be recorded in the financing section of the cashflow statement as well as in the statement of stockholder equity.

h. Cash outflow for dividends - Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Cash outflow from dividends issued will be recorded in the financing section of the cashflow statement as well as in the statement of stockholder equity.

i. Net income - Income statement (IS), Statement of Cash Flows (SCF) and Statement of stockholders' equity (SE)

Net income is derived from the Income statement and used in the statement of cashflow as well as the equity statement.

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If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a h
goldfiish [28.3K]

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday): TRUE

<h3>What are tax returns?</h3>
  • A tax return is a form or form that is filed with a tax authority and discloses income, expenses, and other relevant tax information.
  • Tax returns enable taxpayers to assess their tax liability, plan their tax payments, and receive refunds for overpayments.
  • In most nations, an individual or corporation having a reportable income, such as wages, interest, dividends, capital gains, or other profits, must file an annual tax return.
  • For example, if April 15th comes on a Saturday, the deadline for individual tax returns is April 17th (assuming it is not a holiday).

Therefore, the statement "if April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday)" is TRUE.

Know more about tax returns here:

brainly.com/question/4210849

#SPJ4

Complete question:

If April 15th falls on a Saturday, the due date for individual tax returns will be on Monday, April 17th (assuming it is not a holiday). TRUE or FALSE

4 0
2 years ago
John, the owner of a lawn care service, likes to meet with his employees six months after their yearly evaluation to discuss how
Mariana [72]

Answer:

<em>Control</em>

Explanation:

The control cycle <em>is the incremental process in which tests are prepared, tracked, reviewed,  and updated. </em>

The control cycle is widely used to continually monitor organizational expenditures and  system flows.

The assumption when applying the control cycle to budgeting is that each subsequent iteration of  the budget will be changed based on the information obtained when comparing the initial budget with  actual results.

6 0
3 years ago
Northwest Hospital is a full-service hospital that provides everything from major surgery and emergency room care to outpatient
irina1246 [14]

Answer:

Explanation:

The direct cost is the cost that is directly related to production. The example is direct material cost, direct labor cost, etc whereas the indirect cost is the cost that is not directly related to the production. It is also known as overhead cost only records all indirect cost i.e depreciation on equipment of factory, property taxes, etc

Based on this, the classification is as follows

1 The wages of pediatric nurses / The pediatric department  = Direct cost (D)

2 Prescription drugs / A particular patient  =  Direct cost (D)

3 Heating the hospital / The pediatric patient  = Indirect cost (D)

4 The salary of the head of pediatrics / The pediatric patient   =  Direct cost (D)

5 The salary of the head of pediatrics / The particular pediatric patient   = Indirect cost (D)

6 Hospital chaplain's salary / A particular patient    = Indirect cost (D)

7 Lab tests by outside contractor / A particular patient  =  Direct cost (D)

8 Lab tests by outside contractor / A particular department =  Direct cost (D)

5 0
4 years ago
When is the best time to consider diversification for a company? A. The company has strong competitive position in its industry
Advocard [28]

Answer: A. The company has strong competitive position in its industry and industry growth is sluggish.

Explanation: Diversification is best done from a position of strength, a company should be doing well in its current industry and market before considering diversifying. A company having strong competitive position in its industry and when there is a sluggish growth in that industry, the company can diversified.

Diversification in corporate is a strategy that a company implement to increase market shares and sale volume by introducing new product in another industry and market different from the one they are operating.

5 0
3 years ago
In an imaginary economy, consumers buy only sandwiches and magazines. The fixed basket consists of 20 sandwiches and 30 magazine
rodikova [14]

Answer:

$2.5

Explanation:

Given:

Number of sandwiches in basket = 20

Number of magazines in basket = 30

cost of sandwiches in 2006 = $4

Cost of magazines in 2006 = $2

cost of sandwiches in 2007 = $5

Consumer price index in 2007 = 125

Now,

Consumer price index = \frac{\sum(p_1q0)}{\sum(p_0q0)}\times100

or

125 = \frac{20\times\$5+30\times X}{20\times\$4+30\times\$2}\times100

here,

X is the price of magazines in 2007

thus,

125 = \frac{\$100+30\times X}{$80+$60}\times100

or

1.25 × ($80 + $60 ) = $100 + 30X

or

30X = $175 - $100

or

X = $2.5

Hence,

The price of magazines in 2007 was $2.5

4 0
4 years ago
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