Business, 27.11.2019 19:31 Katlyndavis01
Black corporation entered into the following transactions: • the accrual of wages and salaries expense. • the cash sale of equipment for a loss. • the cash payment in advance for a one-year insurance policy. which of the following statements is correct with respect to determining black's cash flows from operating activities on the statement of cash flows? a. the accrual of wages and salaries expense is subtracted from net income. b. the loss on the equipment sale is subtracted from net income. c. the cash payment to purchase the insurance policy is subtracted from net income. d. the accrual of wages and the equipment loss are both subtracted from net income.
Answers: 2
Business, 22.06.2019 12:40
Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?
Answers: 2
Business, 22.06.2019 22:40
The uptowner just paid an annual dividend of $4.12. the company has a policy of increasing the dividend by 2.5 percent annually. you would like to purchase shares of stock in this firm but realize that you will not have the funds to do so for another four years. if you require a rate of return of 16.7 percent, how much will you be willing to pay per share when you can afford to make this investment?
Answers: 2
Business, 23.06.2019 00:40
An upper-middle-class manager tends to have hostile relationship with the working-class employees in the firm because of his tendency to perceive himself as superior to them based on his class background. in this example, the manager exhibits: question 14 options: 1) class consciousness. 2) cultural awareness. 3) social mobility. 4) group orientation.
Answers: 3
Black corporation entered into the following transactions: • the accrual of wages and salaries expe...
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