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Colt1911 [192]
2 years ago
13

Based on this income statement for Company XYZ for the year ending December 31, 2014, what adjustment would need to be made to N

et Income to account for Gain or Loss in calculating cash flow from Operating Activities using the indirect method
Business
2 answers:
RoseWind [281]2 years ago
6 0

Answer:

a) Adjustment of (16,000) in the operating section.

Explanation:

While preparing the operating activities section of the cash flow statement, the net income, depreciation expense, amortization expense, loss on sale of an asset should be added and the profit on sale should be deducted

So there is the loss of $30,000 that should be added and the gain on sale should be deducted i.e. $46,000

So there is an adjustment of -$16,000 in the operating activities section

Dafna11 [192]2 years ago
4 0
<h2>A</h2>

Hope it helps you!

-miraculousfanx-

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A $10,000 face value Treasury bond is quoted at a price of 101.6533 with a current yield of 4.87 percent. What is the coupon rat
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D) 4.95 percent

Explanation:

The current yield formula can be used to determine the coupon payment which would thereafter be used to compute coupon rate as required:

current yield=coupon payment/current market price

current yield=4.87%

coupon payment=unknown

current market price=101.6533%*$10,000

current market price=$10,165.33  

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coupon payment=$10,165.33 *4.87%

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coupon rate=$495.051571 /$10,000

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3 years ago
A company that has been subject to Securities Exchange Act of 1934 reporting requirements for five years and has an aggregate wo
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accelerated filer, A company reporting requirements for five years and has an aggregate worldwide market cap of $300 million is an accelerated filer.

More about accelerated filer?

A publicly traded company that, as of the end of its fiscal year, satisfies each of the following requirements:

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1 year ago
In the Keynesian model, a $1 billion increase in autonomous consumption leads to ______ in equilibrium output.
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Keynesian believes that Government spending on infrastructure, unemployment benefits, and education will increase consumer demand. They also believe that consumer demand is the primary driving force in an economy.

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2 years ago
Your manager wants you to evaluate the difference in cycle time between three different offices. Describe the steps you would ta
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          Measuring operating cycle would include using such a kanban system to note down processes right from taking information from a consumer to the time required for the completed goods to be successful to the consumer. To calculate the period the loop is efficient. What will also be addressed is not whether nonworking times even including holidays will be factored.

The three offices' cycle period should enable the leader evaluate their success all around. Calculated and measured cycle period, the chief may recommend corrective steps and map out a strategy to take benefit of an office 's smaller cycles time relative to another, optimising income and-costs.

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