hy is not a bad thing to have negative cash from financing activities?

Q: A nonprofit hospitals revenues and expenses are reported on its statement of activities TRUE or…

A: The correct option with proper explanation are as follows.

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A: The debt to assets ratio indicates the portion of debt invested in assets. It can be calculated by…

Q: Viktor Hovland purchases land with natural gas reserves for $500,000. He expects to extract 2,000…

A:

Q: e from Tax Evasion?

A: The difference is given as,

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A: Formula: Times interest ratio = Operating income / Interest expense

Q: TRUE or FALSE. In discounting of customer’s note under conditional sale, an account “Note…

A: Solution Concept Discounting of customers note               It means that when we receive the note…

Q: Progressive Tax Based on your yearly income above, calculate the amount of tax each income bracket…

A: Given that : Tax slab rate Rate Income 10% up to $25000 20% $25,000 and $34,000 25% $34,000…

Q: Khaki shorts pairs Khaki pants pairs

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A: Cash flow statement includes: Cash flows from operating activities Cash flows from investing…

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A: The given balances for sales commissions payable on 31st dec 2019 and 2020 are closing balances. So,…

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A: The direct labor budget indicates the number of hours required to achieve the target production and…

Q: Daryl Kearns saved $220,000 during the 25 years that he worked for a major corporation. Now he has…

A: solution a:             Computation of NPV       Opportunity 1 Opportunity 1 Particulars…

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A: Profit sharing ratio is the proportion in which profit or loss is shared among partners of a…

Q: explain why payback period is not a preferred method

A: The payback period is a period in which the total costs of an investment are recovered through cash…

Q: The New Zealand Equivalent to the IASB Conceptual Framework for Financial Reporting (2018) states…

A: As per the  Valuation of Inventory the Inventory will be valued at lower of two:-  (i)  Cost; or…

Q: Accounting 1. Illini leases another piece of equipment from Cubs Corporation under a four-year lease…

A:

Q: At December 31, 2021, Cullumber Imports reported this information on its balance sheet. Accounts…

A: Calculation of Accounts Receivable Turnover  Accounts Receivable turnover = Net Credit Sales/…

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A: Equity method is an accounting method to compute the investment value in ventures. Under this…

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A: Journal Entries             Date Account Titles Debit Credit 1-Mar Cash Dr.…

Q: Aprir May T0,000 40,000 24,000 464,000 June 22,000 420,000 Based on the above, in applying the…

A: The question is related to high low method The to segregate Semi Variable Cost into Variable Cost…

Q: my current selections are incorrect together. please help! Partner Jackson receives a distribution…

A: In this question, I will explain that all the true statements and also give reason that why above…

Q: Q.No. 2 Abuhatim LLC has given the following particulars. You are required to prepare a cash budget…

A: Cash budget include all the cash inflows and cash outflows. If the cash inflows are more than the…

Q: On September 2, 2020, Nino, Olan, and Pete formed a partnership investing cash of P945,000,…

A: Solution Liquidation of partnership  means to end of the partnership and firm's assets are sold and…

Q: Required information [The following information applies to the questions displayed below.] On…

A: Bonds are borrowing security issued by the company to raise funds from the market by making an…

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A: Formula: Interest expense = Loan amount x Interest rate x Time period

Q: On August 1, Isada and Ureta pooled their assets to form a partnership , with the firm to take over…

A: Partnership Characteristics includes: Existence of an agreement Existence of business Sharing of…

Q: 1.Tracey Sullivan begins business on May 1, 20-, with the following assets and liabilities: Cash, $5…

A: Journal Entry: Journal entry is the act of keeping records of transactions in an accounting journal.…

Q: 13. AAA has a receivable from Client QRC amounting to P850,000 with existing credit term of 10/45,…

A:

Q: A-Receivable Financing  3. Identification. If the proceeds from discounting is less than the…

A: Discount with Recourse In Discount with recourse it is upto the decision from the bank to make the…

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A: The sinking fund method refers to one of the depreciating methods under which an asset is…

Q: T year and provid

A: Personal loan= $50, 000, Interest rate= 2.5% pa.

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A: Annual profit = Contribution margin - Annual overhead costs where, Contribution margin = (Sales per…

Q: IA 9. Problem Solving. A promissory note which is dated October 1, 20A was received from a client…

A:

Q: Asun and Rita agreed to convert the sole proprietorship of Rita into a partnership. Before the…

A: Solution Working note for calculation of net asset of Rita =valuation of asset – liabilities =200000…

Q: Portsmouth Company makes upholstered furniture. Its only variable cost is direct materials. The…

A: Contribution margin per unit=Sales price per unit-Variable cost per unit

Q: Q.No. 2 Abuhatim LLC has given the following particulars. You are required to prepare a cash budget…

A: cash budget: The cash budget refers to the projection of cash movement of a business over a specific…

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A: Depletion rate = Cost of Mineral / Total Mineral Deposit

Q: 200,000 300,000 250,000 75,000 105,000

A: Given as, Full goodwill:- It includes both parent and subsidiary goodwill. Full goodwill=  2,00,000…

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A: Variable cost is the cost that changes with the change in production levels. It is directly…

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A: Cost of Goods Sold = 100000 Gross Profit = 20% Based on Sales Sales = 20% i.e 1/5 on Sales i.e. 1/4…

Q: The Jordah Moris Company issues 8%, 3-year bonds with a par value of $440,000 and semiannual…

A:

Q: Find the denreciation amount in the second year using either 150% or 200%

A: Answer:

Q: At 31 October 2006 Zaid owed his suppliers $13,856. During the year to 31 October 2007, his payments…

A: Formula: Credit purchases = Ending payable balance + payment during the month - Beginning payable

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A: Classification of Costs as Variable, Fixed or Semi Variable Particulars 24000 units 72000 units…

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A: Income Statement- The income, expenses, and profits of a corporation are shown in income statements…

Q: manufacturing company has sales revenue of P 240,000, fixed costs of P 100,800, and variable costs…

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A: Introduction: Journals: Recording of a business transactions in a chronological order. First step in…

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A: When a parent company holds 20-50% in another company then it is known as an associate company.