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11Alexandr11 [23.1K]
3 years ago
14

Shady Lane's income tax payable account decreased from $14 million to $12 million during 2016. If its income tax expense was $80

million, what was shown as an operating cash flow under the direct method?
A cash outflow of $12 million.
A cash outflow of $78 million.
A cash outflow of $80 million.
A cash outflow of $82 million.
Business
1 answer:
maria [59]3 years ago
3 0

Answer:

A cash outflow of $82 million.

Explanation:

Because during the year Shady had taxes expenses for $80 million but then Shady cancelled $2 million of the Income Tax Payable account, which decreased from $14 million to $12 million.  

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Full Question:

Edwin is the HR manager at a customer care unit with approximately 1,000 employees. He wants to statistically analyze the service data to make the recruitment process more effective by identifying desirable and undesirable qualities of employees. Edwin observes a high positive correlation between the employees' ability to adapt and the turnaround time. However, he decides to avoid using this criterion when recruiting employees. Which of the following, if true, would MOST strengthen this decision to avoid the criterion

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Answer:

The correct answer here is A)

Explanation:

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7 0
3 years ago
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Answer:

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2 years ago
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Answer:

2. Stereotyping

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3 years ago
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