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ki77a [65]
3 years ago
7

In a statement of cash flows using the indirect method, an increase in available-for-sale securities due to an increase in their

fair value should be reported as: a) An investing Activityb) Not Reportedc) An addition to net income in determining cash flows from operating activities.d) A deduction from net income in determining cash flows from operating activities.
Business
1 answer:
damaskus [11]3 years ago
4 0

Answer:

The correct answer is d) A deduction from net income in determining cash flows from operating activities.

Explanation:

To get net cash flow using the indirect method we must make adjustments to the net income.

It depends on the account if it is added or subtracted to net income.

In this case, an increase in available-for-sale securities due to an increase in their fair value should be reported as a deduction from net income.

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In a perfectly competitive market, the market supply curve is a. always a horizontal line. b. the vertical sum of all the indivi
gayaneshka [121]

Answer: C.) Horizontal sum of all the individual firm's supply curve

Explanation: A perfectly competitive market, is that in which sellers or suppliers of a certain product are numerous such that a slight increase in price, and demand could fall to 0. Here, an individual seller has no control over the price of commodities. The supply curve tells how much quantity will be produced at different prices. Therefore the market supply curve is determined by all individual sellers individual price in other to determine the overall quantity to be produced at varying market price. Prices are drawn horizontally from the y-axis to determine quantity produced at different prices for each indivudual seller which is summed to generate the market supply curve.

4 0
4 years ago
Read 2 more answers
ovar Inc., a U.S. multinational, began operations this year. Jovar had pretax U.S. source income and foreign source income as fo
Lyrx [107]

Answer:

$204,000

Explanation:

Computation of Jovar's U.S. tax liability

First step isnto determine the U.S precredit tax.

34%×$700,000

=$238,000

U.S Precredit tax = $238,000

Second step is to calculate the foreign tax credit.

Therefore the Credit is limited to:

$238,000 * 100/700

= $34,000.

Hence:

$238,000-$34,000

=$204,000

Therefore Jovar's U.S. tax liability if it takes the foreign tax credit will be $204,000

3 0
4 years ago
the Great Recession that began in 2007, the Fed lowered interest rates to almost 0%. What did it do to accomplish this policy
SIZIF [17.4K]

Explanation:

it makes it cheaper for banks to get money from the federal reserve

in return they can offer loans with less interest to customers such as those who buy homes

5 0
3 years ago
A component of legal writing that refers to and credits authoritative documents and legal sources is called a (1 point)
shusha [124]
The answer to your question is Citation
7 0
3 years ago
The liabilities of Oriole Company are $117,000 and the owner’s equity is $227,000. What is the amount of Oriole Company’s total
jonny [76]

Answer:

$344,000

Explanation:

Assets, liabilities, and equity combine to form the accounting equation.  their relationship in the accounting equation is as follows,

Assets = Equity + Liabilities

In this case,

Asset =??

Liabilities=$117,000

Equity =$227,000

Therefore,

Assets = $117,000 + $227,000

Assets = $344,000

4 0
3 years ago
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