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
Flauer [41]
3 years ago
12

When a transfer is made between cash and cash equivalents with no gain or loss, how is the transaction treated in the statement

of cash flows?
a. It is included as an operating activity.
b. It is included as a noncash financing activity.
c. It is included as an investing activity.
d. It is not reported.
Business
1 answer:
hoa [83]3 years ago
4 0

Answer:

d.it is not reported

Explanation:

Cash equivalents can be regarded as a highly liquid investments and can easily converted to amounts of cash that is is known, and are prone to insignificant risk incase of change in value. While Cash flows can be regarded as inflows and outflows of cash as well as cash equivalents. statement of cash flows are least useful by Creditors and investors for the assessment of their financial status at some point in time. It should be noted When a transfer is made between cash and cash equivalents with no gain or loss, the transaction is treated in the statement of cash flows by not reporting it

You might be interested in
Short notes on foods for bee​
inna [77]

Answer:

The answer to this question varies depending on what their role is in the hive. For example, many worker bees eat the same exact foods such as honey, pollen, and nectar. However, the elusive queen bees (less common in a hive) are typically fed a different diet while growing up to change their overall larval development.

8 0
3 years ago
Read 2 more answers
Cayuga Hardwoods produces handcrafted jewelry boxes. A standard-size box requires 8 board feet of hardwood in the finished produ
cupoosta [38]

Answer:

$44 per case.

Explanation:

If  A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot.

Then, To calculate the standard cost of direct materials for the jewelry box, we multiply the direct materials standard price of $4.00 (plus the transportation costs of 1.50 per board foot) by the direct materials standard quantity of 8 feet (8 board feet of hardwood in the finished product) per unit.

The result is a standard direct materials cost of $44 per case.

8 0
3 years ago
Discuss the relationship between bond prices and interest rates. What impact do changing interest rates have on the price of lon
Doss [256]

Interest rates and bond prices have an adverse correlation. Bond prices grow during periods of low-interest rates and decline during periods of high-interest rates.

<h3>What is the interest rate?</h3>

The cost of borrowing and the rewards for saving are both indicated by the interest rate. Since there is a premium if the coupon rate is higher than the market rate, the bond's price will be higher. Bond prices will decrease if the coupon rate is lower because there will be a discount.

The price of long-term bonds is more affected by interest rates than the price of short-term bonds. A bond's price varies depending on how long it is.

Learn more about bond prices, here:

brainly.com/question/15518377

#SPJ1

5 0
2 years ago
On June 1, 2018, Blue Co. distributed to its common stockholders 180,000 outstanding common shares of its investment in Red, Inc
faltersainse [42]

Answer:

Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.

Explanation:

Book value per share of Red Inc = $1.20 per share

As the value of share is revised just after the declaration but before distribution there will be gain on sale of investment.

Net gain = Sale price - Book value

= $3.40 - $1.20 per share = $2.2 per share

Total gain for the year end on June 30 will be

= $2.2 per share X 180,000 shares = $396,000 shares

Thus Blue Co. Shall report $396,000 as gain before income taxes on disposal of the stock.

8 0
3 years ago
Anchor Company purchased a manufacturing machine with a list price of $93,000 and received a 2% cash discount on the purchase. T
r-ruslan [8.4K]

Answer:

$100,340

Explanation:

<em>The amount of cost recorded in the asset account would be:</em>

List price                                    $93,000

Less: Discount ($93,000*2%)   $1,860

Add: Freight                               $3,800

Add: Installation&Testing          <u>$5,400 </u>

Cost of the machine                 <u>$100,340</u>

Note: Insurance cost is not included in the cost of the machine

6 0
3 years ago
Other questions:
  • describe the conversions of energy from when power is generated at a hydroelectric plant to when you cook food on an electric st
    8·1 answer
  • One suggestion for effective teamwork is to resolve disputes _____.
    9·2 answers
  • Ecker Company reports $1,750,000 of net income for 2017 and declares $245,000 of cash dividends on its preferred stock for 2017.
    14·1 answer
  • Sarah Wiggum would like to make a single investment and have ​$2 million at the time of her retirement in 35 years. She has foun
    14·2 answers
  • By examining the __________ of Southwest Airlines, one can identify the strategic themes around which it has developed its busin
    13·1 answer
  • What is the total stockholders' equity based on the following account balances?
    8·1 answer
  • The total demand for wheat in the U.S. is given by Qd = 1750 - 130 P. Domestic supply is given by, Qs = 1000 + 170 P. Price is m
    6·1 answer
  • QUESTION (2)<br>What is supply chain Management (Explain in details )?​
    9·1 answer
  • Pumpkin Company, during its first year of operations in 2016, reported taxable income of $170,000 and pretax financial income of
    5·1 answer
  • A firm has a marginal cost of $20 and charges a price of $40. the lerner index for this firm is? 0.33. 0.20. 0.50. 0.75.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!