Select the best order for the following items appearing in income statements:
1. prepaid exp...
Business, 14.11.2019 22:31 janeou17xn
Select the best order for the following items appearing in income statements:
1. prepaid expenses
2. income from continuing operations
3. discontinued operations
4. prior-period adjustments
5. taxes on income from continuing operations
6. dividends
7. net income
8. revenues
9. expenses
10. income from continuing operations before income tax
a. 8 - 9 - 1 - 10 - 5 - 2 - 6 - 7
b. 8 - 9 - 10 - 5 - 2 - 3 - 7
c. 8 - 9 - 6 - 1 - 2 - 5 - 3 - 7
d. 8 - 9 - 1 - 10 - 6 - 3 - 5 - 7 - 4
Answers: 1
Business, 22.06.2019 15:10
You want to have $80,000 in your savings account 11 years from now, and you’re prepared to make equal annual deposits into the account at the end of each year. if the account pays 6.30 percent interest, what amount must you deposit each year? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Answers: 1
Business, 22.06.2019 20:00
During the month of march 2017, weimar world, a tax-preparation service, had the following transactions. * billed $496,000 in revenues on credit * received $164,000 from customers' accounts receivable * incurred expenses of $194,000 but only paid $87,700 cash for these expenses * prepaid $32,220 for computer services to be used next month what was the company's accrual basis net income for the month? select one: a. $302,000 b. $264,080 c. $ 41,860 d. $408,300 e. none of the above
Answers: 3
Business, 22.06.2019 20:20
Faldo corp sells on terms that allow customers 45 days to pay for merchandise. its sales last year were $325,000, and its year-end receivables were $60,000. if its dso is less than the 45-day credit period, then customers are paying on time. otherwise, they are paying late. by how much are customers paying early or late? base your answer on this equation: dso - credit period = days early or late, and use a 365-day year when calculating the dso. a positive answer indicates late payments, while a negative answer indicates early payments.a. 21.27b. 22.38c. 23.50d. 24.68e. 25.91b
Answers: 2
Business, 23.06.2019 02:10
Which of the following best describes what production accomplishes? a. efficient use of natural resources. b. a reduction in the size of the labor force. c. an increase in supply that lowers prices. d. value added to resources that already exist.
Answers: 1
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