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horsena [70]
3 years ago
5

Colfax Corporation's financial statements for the current year include the following: Income from continuing operations before t

ax $ 780,400 Income tax expense $ 84,000 Prior period adjustment (decrease in prior year net income, net of taxes) $ 125,800 Cash dividends paid to preferred stockholders $ 133,320 Gain from discontinued operations (net of taxes) $ 743,200 Non-recurring loss $ 188,400 On the basis of this information, net income for the current year is:
Business
1 answer:
crimeas [40]3 years ago
3 0

Answer:

$1,439,600 $780,400 − $84,000 + $743,200 = $1,439,600; the non-recurring loss is already included in income from continuing operations is the correct answer.

Explanation:

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. Based on the following data, Accounts payable…………………………………………………..... $62,000 Accounts receivable…………………………………………………. 100,000
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Answer:  $428,000

Explanation:

Given that,

Accounts payable = $62,000

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Total assets = Accounts receivable + Cash + Inventory + Land

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4 years ago
What would you do if you got conflicting answers for the same procedure from two different people you interviewed? What would yo
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Answer:

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Explanation:

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The analyst is to facilitate a common ground that takes into consideration all views.

In the given scenario the department manager may be privy to information that the clerical person does not have. This will give a better view of processes that will be in line with business goals and objectives.

However the clerical staff pays more attention to details of business procedures. He is most likely more updated on business procedure that the department head.

The best way forward is the get the two of them together to trash out the differences of their procedures and come up with one that takes the managerial view of the department head and the detail oriented view of the clerical staff into consideration

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Therefore all other options are incorrect.

Hence, we can conclude that the price of the good impact the quantity demanded and changes when the demand curve moves.

Learn more about the demand curve here: brainly.com/question/21220153

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