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
kari74 [83]
2 years ago
13

Which of the following would not be found in a schedule of noncash investing and financing activities, reported at the end of a

statement of cash flows? bonds payable exchanged for capital stock purchase of treasury stock equipment acquired in exchange for a note payable capital stock issued to acquire fixed assets
Business
1 answer:
Vesnalui [34]2 years ago
4 0

Answer:

purchase of treasury stock

Explanation:

The schedule of noncash investing and financing activities means the activities that belong from the investing and financing section but they are not in cash. In other words, no cash transaction is taken place

Its examples like bond payable is exchange for capital stock, stock is purchased is exchange of note payable etc

So as per the given situation, the above should be the answer

You might be interested in
in team-based environments, the principal may have difficulty determining individual contributions by members. this can create a
just olya [345]

In team-based environments, the principal may have difficulty determining individual contributions by members. This can create a situation in which an opportunistic employee does little work but takes credit and this is known as adverse selection.

<h3>What is Adverse selection?</h3>
  • In general, the term "adverse selection" refers to a situation in which sellers have knowledge about a certain feature of product quality but purchasers do not, or vice versa. In other words, it is an instance of the use of asymmetric information.
  • When one side to a transaction has more in-depth knowledge of the relevant facts than the other, this is known as asymmetric information, also known as information failure.
  • Usually, the vendor is the one who has more knowledge. When both parties are knowledgeable, it is said that there is symmetric information.

To learn more about business site, refer:

brainly.com/question/28085653

#SPJ4

7 0
9 months ago
Wilson Co. has three segments -- Tennis, Golf, and Fishing. The Tennis segment is currently producing 2,000 units annually. The
frutty [35]

Answer:

$400,000

Explanation:

Calculation to determine the differential revenue if Wilson Co. were to eliminate the Tennis segment

Differential revenue= $200x2,000 units

Differential revenue= $400,000

Therefore the differential revenue if Wilson Co. were to eliminate the Tennis segment will be $400,000

6 0
2 years ago
Leather Shop earned net income of $ 71,000 after deducting depreciation of $ 5,000 and all other expenses. Current assets decrea
Thepotemich [5.8K]

Answer:

$89,000

Explanation:

Given that,

Net Income = $71,000

Depreciation = $5,000

Increase in Current Liabilities = $9,000

Decrease in Current Assets = $4,000

Net Cash from Operating Activities:

= Net Income + Depreciation + Increase in Current Liabilities + Decrease in Current Assets

= $71,000 + $5,000 + $9,000 + $4,000

= $89,000

Therefore, the Leather Shops cash provided by operating activities​ (indirect method) is $89,000.

7 0
2 years ago
At year-end (December 31), Chan Company estimates its bad debts as 0.70% of its annual credit sales of $862,000. Chan records it
KiRa [710]

Answer: Please see the required journals below:

December 31:

Debit Bad debt expense                                $6,034

Credit Allowance for doubtful accounts       $6,034

February 1:

Debit Allowance for doubtful accounts              $431

Credit Accounts receivables                               $431

June 5:

Debit Cash                                                            $431

Credit Bad debt recovery (income statement)   $431

Explanation: The company estimates its bad debt expense as percentage of sales. In this case 0.7% of its annual sales of $862,000 was deemed as uncollectible, that is, 0.7% x $862,000 = $6,034. The required journals to recognize this bad debt expense is provided above. However, since there was an existing provision, which resides in the allowance account, a write-off would definitely hit that account in order to extinguish the accounts receivable portion. Upon recovery of the write-off, we cannot reinstate the receivable since it was already extinguished but we need to recognize the recovery as a gain.

3 0
3 years ago
Read 2 more answers
According to the basic principles of economics, how will the birthrate be affected by policies that reduce the taxes imposed on
labwork [276]

Answer:

This policy will lead to increase in birthrate.

Explanation:

Taxes imposed on individuals with children will be helpful in reducing birthrate, thus, curbing population growth. This is because taxes reduce the disposable income of the individuals. So people will prefer not to have children to earn a higher income.  

When this tax is reduced through some policy, the disposable income of the people would increase. So people now would be able to afford to have children. This will lead to an increase in birth rate and thus population growth.

7 0
3 years ago
Other questions:
  • Which of the following is NOT an advantage of budgeting?
    11·1 answer
  • All of these are examples of subsidy except ____________________.
    11·2 answers
  • What are 4 ways managers can motivate their staff
    8·2 answers
  • The Gecko Company and the Gordon Company are two firms whose business risk is the same but that have different dividend policies
    14·1 answer
  • On September 30, Franz Corporation notices a decline in value of its investment in held-to-maturity bonds that it believes to be
    12·1 answer
  • Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,100, $11,100, and
    5·1 answer
  • The flexible budget performance report directs management's attention to areas where: (Check all that apply.)
    15·1 answer
  • Dave mentions that insurance is the defense for managing your money. Why is this true?.
    10·1 answer
  • Policy involves government changes to spending or taxation to affect the economy.
    15·1 answer
  • which can cause a shift in the demand curve? a change in the price of a good the cost of production the technology used by firms
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!