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3 years ago

Dixon Company is a manufacturer that completed numerous transactions during the month, some of which are shown below:

Business

1 answer:

ale4655 [162]3 years ago

3 0

Answer:

Explanation:

From the question, we are told to

select "No" if it would not affect Retained Earnings. Conversely if the transaction would affect Retained Earnings, then record the amount of the increase or (decrease) to this account under the "Yes" column.

Retained Earnings

Retained Earnings is the remaining income in total that a company/organization has after she has paid dividents to her shareholders and all expenses.

Note that: whenever, there is rise or fall in net income as well as the dividends given shareholders, the Retained earnings are affected, which means anything that bring about increase or decrease of net income definitely affect retain earning.

""When the dividend given to shareholders

or other expenses is less that net income for the company ,then it means

increase in retain earning and vice versa.""

A)NO, it would not affect Retained Earnings.

This is raw material needed for the business

B)NO, it would not affect Retained Earnings.

C)yes,it would affect Retained Earnings by decrease of (-45,000)

D)yes, it would affect Retained Earnings by decrease of(-21,000)

E)yes, it would affect Retained Earnings by increase of(450,000)

F))NO, it would not affect Retained Earnings

G)NO, it would not affect Retained Earnings

H)NO, it would not affect Retained Earnings

I)NO, it would not affect Retained Earnings

J) yes, it would affect Retained Earnings by decrease of(-220,000)

K)NO, it would not affect Retained Earnings

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On May 31, 20X1, the Arlene Corporation adopted a plan to sell its cosmetics line of business, considered a component of the ent

lianna [129]

Answer:

loss from discontinued operation 450,000

Explanation:

when selling assets above the book value we have a gain:

1,200,000 - 1,000,000 = 200,000

For the gain on assets above book value we must pay taxes.

200,000 x (1-0.25) = 150,000

the income from discontinued operation plus this gain generated a component of 300,000 loss

150,000 gain on sale + income from discontinued = -300,000

discontinued result: -300,000 + -150,000 = -450,000

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4 years ago

The comparative balance sheets for Swifty Company show these changes in noncash current asset accounts: accounts receivable decr

anzhelika [568]

Answer:

$236,900

Explanation:

Computation for net cash provided by operating activities using the indirect method

Net income $228,900

Add : Account receivables $80,000

Less: Prepaid expenses ($28,500)

Less :Inventories ($43,500)

NET CASH by OPERATING ACTIVITIES $236,900

Therefore net cash provided by operating activities using the indirect method is $236,900

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3 years ago

On the one hand, a gerund is a verb that acts as a noun, know for the -ing form. On the other hand, an infinitive is the basic f

slavikrds [6]

Answer:

To give is one of the best thing which people do. Volunteering the time show that they are caring people.

Explanation:

The ing form is considered as forth form of verb which acts as noun. The first form of verb is used for present tense normally with to. The first form of verb is basic form of verb used for describing an action. It is infinitive form of verb used before the word to.

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3 years ago

A company's structure should be aligned with:________

diamong [38]

A company's structure should be aligned with its strategy.

Aligning a company's structure to its approach is critical for strategy execution success. The organization structure needs to assist the strategy and its execution. while possible, management must make sure that the company structure is obvious, decentralized, and formalized.

A company's structure is about converting its organizational structure to benefit a competitive part in a patron fashion. This new client conduct could be very profitable, and the agency sees the sales that may stem from it. Entrepreneurial is not a diagnosed form of organizational structure. Intrapreneurs are personnel who work inside a business in entrepreneurial ability, developing progressive new merchandise and procedures for the organization.

A traditional line organizational shape is simply the location to start for most groups, especially the smaller ones that don't always comprise a considerable range of departments or require the main variety of hyperlinks within the chain of conversation.

Learn more about the company's structure here:-brainly.com/question/23879809

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2 years ago

Less certain a cash flow, the ________ the risk, and ________ the present value of the cash flow. higher; lower lower; lower hig

Akimi4 [234]

I think it’s higher the risk and the lower present value

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3 years ago

Read 2 more answers