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bekas [8.4K]
3 years ago
9

Identify the financial statement where these decision makers can find the following information about​ Flurry, Inc. In some​ cas

es, more than one statement will report the needed data.
a. Ending cash balance Balance sheet and Statement of cash flows
b. Adjustments to reconcile net income to net cash provided by operations Balance sheet
c. Common stock Balance sheet
d. Total assets Balance sheet
e. Net income
f. Revenue Balance sheet Income statement Statement of cash flows Statement of retained earnings
g. Income tax payable
Business
1 answer:
Ludmilka [50]3 years ago
4 0

Answer:

a. Ending cash balance

You can find the ending cash balance in both the balance sheet and the statement of cash flows.

b. Adjustments to reconcile net income to net cash provided by operations

You can find this information in the statement of cash flows (under cash flows from operating activities).

c. Common stock

You can find this information in the balance sheet and the statement of stockholders' equity.

d. Total assets

You can find this information in the balance sheet

e. Net income

You can find this information in the income statement and the statement of cash flows (under cash flows from operating activities).

f. Revenue

You can find this information in the income statement.

g. Income tax payable

You can find this information in the balance sheet. Total income tax liability can be found int he income statement but it doesn't show us the unpaid amount. Also, the statement of cash flows shows us how this account changes from one year to the next.

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A machine with a cost of $164,000, accumulated depreciation of $102,000, and current year depreciation expense of $25,500 is sol
Gre4nikov [31]

Answer:

$53,600

Explanation:

The computation of the cash flow from investing activities is shown below:

Cash flow from investing activities

Sale value of machinery $53,600

Net cash flow from investing activities $53,600

The current year depreciation expense is to be reported under operating activities and as we know that the investing activities record those activities which are held for purchased and sale of long term assets so the sale value fo machinery is only reported

4 0
3 years ago
Suppose your employer offers you a choice between a $ 4 comma 600 bonus and 200 shares of the company stock. Whichever one you c
Virty [35]

Answer:

a. Suppose that if you receive the stock​ bonus, you are free to trade it. Which form of the bonus should you​ choose? What is its​ value?

I would choose the stock bonus because the current market price = 200 x $64 = $12,800 which is much higher than $4,600 (cash bonus)

b. Suppose that if you receive the stock​ bonus, you are required to hold it for at least one year. What can you say about the value of the stock bonus​ now? What will your decision depend​ on?

Even if you are required to hold the stock for one year, the price difference with the cash bonus is too great = ($12,800 - $4,600) / $4,600 = 178% higher. Since you are employed by the company, you should know if the company is doing well or not, and the probable future stock price.

Only if something catastrophic happened to the company would make the cash bonus more attractive.

6 0
4 years ago
Look at the picture, which one is the correct answer?
Vinil7 [7]
I think it “A law of demand”?
4 0
3 years ago
Recording Issuing of Materials Materials issued for the current month are as follows: Requisition No. Material Job No. Amount 94
babymother [125]

Answer:

Work in process = $72,220

Factory Overhead = $1,098

Explanation:

DATA

No.      Material     Job No.        Amount

945     Fiberglass     78           $20,240

946       Plastic         93             $9,890

947      Glue            Indirect        $1,098

948     Wood              99           $3,622

949     Aluminium      108         $38,468

Required:  Amount of materials transferred to Work in Process and Factory Overhead?

Solution

Work in process = sum of all direct material cost

Work in process = $20,240 + $9.890 + $3,622 + $38,468 = $72,220

Factory Overhead = sum of all indirect material cost

Factory Overhead = $1,098

6 0
3 years ago
what is an everyday example of scarcity that demonstrates why scarcity is a basic economic problem that faces society?
zhannawk [14.2K]

of every day scarcity could it be how the desert doesn't really have water so the desert has a scarcity of water scarcity is a basic economic problem that Society faces because the world sometimes runs out of things that we need so certain people have to make loopholes to get to get around them another example is how during the coronavirus we had a scarcity of sanitizer Clorox wipes bleach and toilet paper

7 0
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