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Novay_Z [31]
3 years ago
14

A company's Income Tax Payable account decreased from $14 million to $12 million during the year. If its income tax expense was

$80 million, what would be shown as cash paid for income taxes under the direct method?
A cash outflow of $12 million.
A cash outflow of $78 million.
A cash outflow of $80 million.
A cash outflow of $82 million.
Business
2 answers:
Flura [38]3 years ago
8 0

Answer:

A cash outflow of $82 million is correct answer

Explanation:

Options:

A cash outflow of $12 million.

A cash outflow of $78 million.

A cash outflow of $80 million.

A cash outflow of $82 million.

(Hope this helps can I pls have brainlist (crown)

stepladder [879]3 years ago
4 0

Answer:

A cash outflow of $82 million

Explanation:

$14 million + 80 million - x = $12 million. x = $82 million.

Hope this helps, have a nice day/night! :D

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Bill is a yacht broker in the southeastern United States. For years he has had difficulty selling large yachts locally because t
Artyom0805 [142]

Answer:

.D.complementary products

Explanation:

A complementary good is a product whose usage is dependent on the availability of another. Complementary goods are, therefore, goods that are used together.  For example, A and B will be complimentary goods if the use of A will require the use of B.

Yachts and docks are complementary products because a yacht will require a dock as the base of its operation.  Without a dock, yacht operations will be almost impossible. Bill is not making good sales on big yachts because potential customers cannot find sufficient docking space. Other examples of complementary goods are car and petrol,  printers and ink cartridges, guns and bullets, and DVD players and DVD disks.

5 0
3 years ago
Ricky is 35 years old. He plans to retire when he is 63. He has opened a retirement account that pays 3.2% interest compounded m
Anna11 [10]

Answer:

Amount received = 217,043.56 (Approx)

Explanation:

Given:

Monthly deposit = $400

Interest rate = 3.2% / 12 = 0.002667 per month

Number of year = 63 year - 35 year = 28 year

Number of period = 28 × 12 month = 336 month

Computation:

Amount \ received = PMT[\frac{(1+r)^n-1}{r} ]\\\\Amount \ received = 400[\frac{(1+0.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{(1.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{2.44713794-1}{0.002667} ]\\\\Amount \ received =400[\frac{1.44713794}{0.002667} ]\\\\Amount \ received =400[542.608901]\\\\Amount \ received =217,043.56\\\\

Amount received = 217,043.56 (Approx)

7 0
3 years ago
if aggregate demand is growing faster than long run aggregate supply, the federal reserve is most likely to
Musya8 [376]

Answer:

.sell securities on the open market

Explanation:

Aggregate demand is simply a schedule or a curve. It said to shows the total quantity of goods and services demanded (purchased) at various price level.

Aggregate demand-aggregate supply (AD-AS) model is macroeconomic model that uses aggregate demand and aggregate supply to determine and explain the price level and the real domestic output.

5 0
3 years ago
Which examples demonstrate common Therapeutic Services workplaces and employers? Check all that apply. Reiko owns and operates h
AleksAgata [21]

Any career in the therapeutic services pathway is someone that is working hands on with a patient and is working to improve the overall health status of the patient.

<h3>Therapeutic Services workplaces </h3>

Correct options are A, C and F

"Reiko owns and operates her own private chiropractic practice, Harmony assists with surgeries in a nonprofit community hospital and Ian helps patients with basic tasks in their own homes" are the examples of demonstrate common Therapeutic Services workplaces and employers.

Careers in Therapeutic Services are focused on improving the health of patients over time through direct care, treatment, counseling or health education. Many of these careers require certification or additional education.

Learn more about workplaces, refer to the link:

brainly.com/question/24780768

6 0
2 years ago
Smithland is a nation with a traditional economy. economic decisions in smithland are based on
lisov135 [29]
The answer is, <span>economic decisions in Smithland are based on "customs of the past".
</span>
Traditional economy refers to an original economic system or framework in which customs, traditions, and convictions help shape the merchandise and the administrations the economy produces, and additionally the principles and way of their circulation. Nations that utilize this kind of financial framework are often rural and farm-based.
5 0
3 years ago
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