Business, 09.02.2021 01:00 Jackiecroce12
7) Which of the following statements is true? A) The indirect method and the direct method will produce a different amount of net cash flow from investing activities. B) The direct and indirect methods include different types of cash flows in the investing activities section. C) The indirect method starts with net income and adjusts it to cash provided by (used for) operating activities. D) The indirect method includes all non-cash activities, whereas the direct method includes only the cash activities.
Answers: 1
Business, 21.06.2019 20:00
During 2017, sheridan company expected job no. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. sheridan applied overhead based on direct labor cost. actual production required an overhead cost of $260000, $510000 in materials used, and $150000 in labor. all of the goods were completed. what amount was transferred to finished goods?
Answers: 1
Business, 22.06.2019 10:10
At the end of year 2, retained earnings for the baker company was $3,550. revenue earned by the company in year 2 was $3,800, expenses paid during the period were $2,000, and dividends paid during the period were $1,400. based on this information alone, retained earnings at the beginning of year 2 was:
Answers: 1
Business, 22.06.2019 11:40
Vendors provide restaurants with what? o a. cooked items ob. raw materials oc. furniture od. menu recipes
Answers: 1
Business, 22.06.2019 14:20
For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?
Answers: 3
7) Which of the following statements is true? A) The indirect method and the direct method will prod...
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