Answer: a) Financing Activity b) Investing Activity c) Investing Activity d) Financing Activity.
Explanation:
In the Cash Flow Statement there are 3 types of Activities, namely:
1) Operating Activity: This is for revenue and expenses that are accounted for calculation of Net Income.
2) Investing Activity: This includes the purchase and sale of assets: property, plant and equipment.
3) Financing Activity: This includes cash inflows from issuance of bonds, stocks and it also includes cash outflow from paying dividends to stockholders.
Answer:
- total contribution margin will increase by $0.70
- net operating income will increase by $0.70
Explanation:
It depends on what the amount of the money is and in what you will spend it
Answer: $550
Explanation:
Taxable income could simply be explained as the total income made or received.
Cash received by Perle = $200
Worth of Bookcase received by Perle as part of the settlement amount = $350
Therefore, Total amount received by Perle = $350 +$200 = $550
Total income received by Perle for dental service rendered = $550
The total amount to be included in taxable income is $550.
$600 was the charged amount, but only $550 was received for the service rendered.
