The following information is available from the current period financial statements:
Ne...
Business, 10.03.2020 07:47 znation1324
The following information is available from the current period financial statements:
Net income $165,000
Depreciation expense 28,000
Increase in accounts receivable 16,000
Decrease in accounts payable 21,000
The net cash flow from operating activities using the indirect method is .
(A) $156,000
(B) $188,000
(C) $198,000
(D) $230,000
Answers: 3
Business, 21.06.2019 15:10
Gideon company uses the allowance method of accounting for uncollectible accounts. on may 3, the gideon company wrote off the $2,200 uncollectible account of its customer, a. hopkins. on july 10, gideon received a check for the full amount of $2,200 from hopkins. the entry or entries gideon makes to record the write off of the account on may 3 is:
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When an interest-bearing note comes due and is uncollectible, the journal entry includes debiting
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"in my opinion, we ought to stop making our own drums and accept that outside supplier's offer," said wim niewindt, managing director of antilles refining, n.v., of aruba. "at a price of $21 per drum, we would be paying $4.70 less than it costs us to manufacture the drums in our own plant. since we use 70,000 drums a year, that would be an annual cost savings of $329,000." antilles refining's current cost to manufacture one drum is given below (based on 70,000 drums per year):
Answers: 1
Business, 22.06.2019 17:40
To appeal to a new target market, the maker of hill's coffee has changed the product's package design, reformulated the coffee, begun advertising price discounts in women's magazines, and started distributing the product through gourmet coffee shops. what has been changed? a. the product's perceptual value. b.the product's 4ps. c. the method used in its target marketing. d. the ownership of the product line. e. the product's utility.
Answers: 3
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