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
Studentka2010 [4]
4 years ago
11

When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted

from net income to compute cash provided by used by operating activities?
a. Decrease in accounts receivable
b. Gain on sale of land.
c. Amortization of patent
d. All of the above are deducted from net income to arrive at cash flow from operating activities
Business
1 answer:
zysi [14]4 years ago
5 0

Answer:

B

Explanation:

When using the indirect method to prepare the operating section of a statement of cash flows , the gain on sale of land will be deducted from the net income as it has already been included in the net income as the gain on the sales of the land , which was a non cash recognition in the course of the business.

Decrease in receivable means that there was an inflow of cash as some receivables had paid their debts , thus it is added.

The amortization is a non cash expenses that had been deducted which will need to be added back to the net income for the purpose of cash flow.

You might be interested in
Leonard Technologies invests $ 62,000 to acquire $ 62,000 face​ value, 8​%, fiveminusyear corporate bonds on December​ 31, 2014.
navik [9.2K]

Answer:

Find attached correct question that matches the options provided in this question:

The correct option is B, a credit to Interest Revenue for $2,700

Explanation:

The semiannual coupon interest receivable from the bond investment is the face value of $54,000 multiplied by 10% adjusted to reflect a six month revenue rather than a year a shown below:

semiannual interest receipt=$54,000*10%*6/12=$2,700

The $2,700 would be debited to cash as an income while also being credited to interest revenue ,hence option B is correct

Download xlsx
7 0
3 years ago
40 POINTS! PLEASE HELP ME NO ANSWERS THAT SAY " FIGURE IT OUT OR IDK" PLEASE!
miskamm [114]
Since there are different flavors I will try to see which of my flavors cost the most and which cost the least. Next I will see what are the qualities of each drink and first give a few samples out and determine which flavor I most liked and which flavor is least liked out of all. As soon as I have all of my information gathered I will set my prices for each and every different flavor as I think it should be and I will also do a little research online to see kind of where each of my prices need to range from.
3 0
3 years ago
Whether you realize it or not, you spend a great deal of time attempting to influence others, including your professors, parents
lesya692 [45]

Answer:

Matching each term to the influence tactic that its description best represents:

a. To influence your boss to give you a raise, you prepared a presentation that showed your productivity and output over the past five years, compared to your coworkers.

Rational persuasion

b. The ASPCA influences consumers to donate by showing heart wrenching commercials that feature animals in shelters.

Inspirational appeals

c. In order to make a decision that will affect your entire team, you discuss the options with several of your team members and seek their input and advice.

Consultation

d. Before asking you to take on a particularly difficult and thankless assignment, your boss spends a few minutes praising all of your recent successes at work.

Ingratiating tactics

e. Your coworker wants you to cover his shift later this week, so he reminds you that the two of you are close and that this is what friends do for one another.

Personal appeals

f. Your boss tells you that if you are willing to work Thanksgiving week without any days off, she will guarantee that you don't have to work during the next major holiday week.

Legitimating tactics

Explanation:

1. Ingratiating tactics: techniques of making oneself more likeable to one's target.  It includes being friendly, helpful, and using praise or flattery.

2. Personal tactics: the techniques used to build a personal brand.

3. Rational persuasion: presenting a logical, well-reasoned explanation of why you believe your idea represents the best option in a particular situation.

4. Inspirational appeals: focusing on values, emotions, and beliefs to gain support for a request or course of action.

5. Personal appeals: Using personal attraction, interestingness, charisma, sexual allure to excite others.

6. Legitimating tactics: These techniques enforce compliance to rules or policies, or use threats based on authority.

7. Consultation: Gaining the participation of others in planning, decision making, and change management.

8. Exchange tactics: These tactics exchange favors.

9. Coalition tactics: Building others' consensus to pursue a course of action.

3 0
3 years ago
The following monthly data are available for Coronado Industries. which produces only one product: Selling price per unit, $38;
In-s [12.5K]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Selling price per unit= $38

Unit variable expenses= $14

Total fixed expenses= $42,000

Actual sales for June= 3000 units.

First, we need to calculate the break-even point in dollar using the following formula:

Break-even point (dollars)= fixed costs/ contribution margin ratio

Break-even point (dollars)= 42,000/ [(38 - 14)/38]

Break-even point (dollars)= $66,500

Now, we can calculate the margin of safety in dollars:

Margin of safety= (current sales level - break-even point)

Margin of safety= (3,000*38 - 66,500)

Margin of safety= (114,000 - 66,500)

Margin of safety= $47,500

5 0
4 years ago
You want to quit your job and return to school for an MBA degree 3 years from now, and you plan to save $7,000 per year, beginni
qwelly [4]

Answer:

The correct answer is $23,260.69.

Explanation:

According to the scenario, the given data are as follows:

Payment (pmt ) = $7,000

Time period (n) = 3

Rate of interest (r) = 5.2%

So, we can calculate the future value by using following formula:

FV = Pmt ( 1 + r)^n + Pmt ( 1 + r)^n-1 + Pmt ( 1 + r)^n-2

By putting the value, we get

= $7,000 ( 1 + 0.052)^3 +$7,000 ( 1 + 0.052)^2+$7,000 ( 1+ 0.052)^1

= $23,260.69

hence, The future value after 3 years will be $23,260.69.

4 0
3 years ago
Other questions:
  • When the aps is 0.20, then this means select one:
    11·1 answer
  • If there are two goods and if income doubles and the price of good 1 doubles while the price of good 2 stays constant, a consume
    6·1 answer
  • Which of these depend on the requirements and design features of the ehr product?
    15·1 answer
  • Using one authentication credential to access multiple accounts or applications is known as _____.
    10·1 answer
  • Phoenix’s recovery will be complete by 2021, and there will be no further growth in free cash flow. a. Calculate the PV of free
    13·1 answer
  • How many years to become a Geriatric General Surgeon
    10·1 answer
  • An interview committee must decide which interviewee to hire as the company’s new project manager. Committee members have deci
    12·1 answer
  • Assume that capital is limited to 9 machine​ hours, but labor is unlimited in supply. In which company is the marginal product o
    11·1 answer
  • Acme published a story about Paul, and as a result Paul sued Acme for damage to his reputation, emotional distress, and punitive
    5·1 answer
  • *will give Brainliest if correct!*
    8·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!