1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nirvana33 [79]
3 years ago
13

Gains or losses on cash flow hedges are Group of answer choices ignored completely. recorded in equity, as part of other compreh

ensive income. reported directly in retained earnings. reported directly in net income.
Business
1 answer:
Helga [31]3 years ago
7 0

Answer: The correct answer is "recorded in equity recorded in equity, as part of other comprehensive income.".

Explanation: Gains or losses on cash flow hedges are <u>recorded in equity, as part of other comprehensive income.</u>

<u>The gains or losses of a cash flow hedge must be recorded, as part of other comprehensive income, in equity.</u>

You might be interested in
Different classes of stocks are usually issued in order to Group of answer choices maintain ownership control, by holding the cl
vazorg [7]

Answer:

maintain ownership control, by holding the class of stock with greater voting rights.

Explanation:

Stocks can be divided into two main categories, common stocks and preferred stocks. Preferred stocks grant no voting rights. But common stocks can also be classified in different classes, e.g. class A or class B common stocks. Generally class A stocks have higher voting rights than class B stocks, e.g. class A might have 10 voting rights per stock while class B only has 1.

A real world example is Google that has 3 different classes of common stock:

  1. class A: 1 voting right per stock
  2. class B: held by Google's founders and top management, not traded publicly, and they hold most of the voting rights
  3. class C: no voting rights

5 0
3 years ago
What is one way to set up an opportunity for job shadowing?Contact people you know and request a shadowing experience.Show up on
Lorico [155]

Answer:

A is the answer I just did the test and I remember from my notes writing it down

Explanation:

my notes

1. say ask your parents, family members, and friends if they know anyone working in the career field you want to shadow

2. research organizations that employ people in the career field you want to shadow

3. contact the people from your network and organizations to request a shadowing experience

8 0
3 years ago
Why would the difference between income computed under full costing and income computed under variable costing be relatively sma
r-ruslan [8.4K]

First of all, we have to understand what is Full costing, Variable Costing, and JIT Inventory Management System.

Full Costing

Full costing also know as absorption costing. It allocate all cost to the specific product like fixed cost, variable cost etc.

Absorption costing consider all kind of cost whereas variable costing will only consider cost in variable in nature.

Variable Costing

Variable cost is a method were we only account for those cost that are varied over production output. It will not be a good tacker of profitability but it will help in decision making.

Inventory Management System

JIT stands for Just in Time Inventory. Where basic idea is to buy inventory whenever required, this system doesn't allow holding inventory.

Now coming to the question of why the difference is small when we are operating under JIT Inventory management System is as follows:-

1. Working capital - It is designed to be exceedingly low, so the investment in working capital is very less and will reduce inventory holding cost.

2. Obsolete inventory - Since inventory levels are so low, there is little risk of having much obsolete inventory which in turn will result in less loss.

3. Process time. A thoroughly implemented JIT system should shorten the amount of time required to manufacture products, which may decrease the quoted lead times given to customers placing orders. So the fixed cost will not be incurred on rent etc because of low/ less holding of inventory.

Because of the above factor difference is too small.

Learn more about Variable Costing here: brainly.com/question/6337340

#SPJ4

6 0
2 years ago
Sue’s Jewelry sold 30 necklaces for $25 each to a credit customer. The invoice included a 6% sales tax and payment terms of 2/10
navik [9.2K]
The right answer for the question that is being asked and shown above is that: "<span>B. debit to Sales Returns and Allowances for $125.00. " </span>Five necklaceswere returned prior to payment. The entry to record the return would include a B. debit to Sales Returns and Allowances for $125.00. 
5 0
3 years ago
A. Avoid extra payroll expenses.
LUCKY_DIMON [66]

Answer:

<h2>A. Avoid extra payroll expenses.</h2>

Explanation:

i hope it helps :)

3 0
3 years ago
Other questions:
  • On February 22, Stewart Corporation acquired 12,000 shares of the 400,000 outstanding shares of Edwards Co. common stock at $50
    7·1 answer
  • The Consumer Price Index A. is the ratio of the average price of a typical basket of goods to the cost of producing those goods
    12·1 answer
  • Jolene is warehouse custodian and also maintains the accounting record of the inventory held at the warehouse. An assessment of
    15·1 answer
  • Mistakes in contracts may be classified as __________. void and voidable enforceable and voidable unilateral and void mutual and
    13·1 answer
  • Alpha Company is preparing its cash budget for the month of May. The company estimated credit sales for May at $200,000. Actual
    12·1 answer
  • Anton believes his company's overhead costs are driven (affected) by the number of machine hours because the production process
    15·1 answer
  • Gourmet Pets is interested in computing the break-even point for its new product Prime Cuts. The fixed costs of adding this prod
    10·1 answer
  • A company is recording the disposal of accounts receivable with two different transactions. One transaction affects the balance
    15·1 answer
  • Why does a business cycle diagram serve as a forecasting model​
    6·1 answer
  • Use the following information (presented in random order) to complete an Income Statement and Balance Sheet. The name of the bus
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!