Answer:
cash receipts from sales of investments.
Explanation:
Operating activities are defined as activities that creates revenue and expenses in a business, and so are used to determine if a business is making a profit or loss. It includes activities directly related to providing goods and services to the consumer.
Cash reciepts form sale of investment such as stocks and bonds is classified as an investing activity. It is a positive investing activity because it involves inflow of cash.
This is not classified as an operating activity.
Answer:
Service Revenue 881,105
Wages Expense (529,000)
Supplies Expense (42,000)
Rent Expense (59,500)
Utilities Expense (8,000)
Depreciation Expense (150,000)
Interest Income <u> (5,500) </u>
Net Income 87,105
Explanation:
We list the revenue account and then, substract the expenses leaving the net income. As this is a single-step income statemnt we do not solve for operating and non-operating income.
Two key components of corporate profitability are INDUSTRY STRUCTURE AND COMPETITIVE ADVANTAGE. Corporate profitability has to do with the economics indicators which calculate the net income of a company by making use of different measurement techniques. It is an effective tool which is used to give an overall overview of a company's performance.
Answer: The answer is 1950000
Explanation:
✓ Goods in transit on December 31, 2008:
Goods amounting to 100000 will be added into purchases of the year-end because they have already been sold as risk and rewards have been transferred to the Barlow that is goods have been physically dispatched to the Barlow. Hence this will increase accounts payable by 100000.
✓Goods in transit lost:
These words will also be included in the purchases and accordingly in the accounts payable irrespective of the fact that these have been destroyed. These goods were dispatched to the Barlow and therefore risk and rewards also been transferred hence purchase is done from Barlow's perspective.
So:
Total accounts payables are as under
Opening balance: 180000
Goods in transit reached next year:100000
Goods in transit lost:50000
Total: 1950000
There are different kinds of market. The option that is not a reason perfect competition is a useful simplification, despite the diversity of market types we find in the world is that;
- There are many buyers and many sellers in all types of markets.
<h3>What leads to perfect competition?</h3>
Firms are known to be in perfect competition due to;
- When many firms produce identical products.
- When there are plenty buyers available to buy the product, and and also plenty sellers are available to sell the product, etc.
Firms are said to be in perfect competition when a lot of firms produce the same type of products and also these firms can do business in the market without any kind of restrictions.
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