The following information is available from the accounting records of Manahan Co. for the year ended December 31, 2019: Net cash provided by financing activities $ 116,000 Dividends paid 18,300 Loss from discontinued operations, net of tax savings of $38,133 114,400 Income tax expense 25,568 Other selling expenses 14,600 Net sales 645,000 Advertising expense 47,600 Accounts receivable 58,400 Cost of goods sold 367,650 General and administrative expenses 142,100 Required: a. Calculate the operating income for Manahan Co. for the year ended December 31, 2019.
Answers: 3
Business, 22.06.2019 11:10
Yowell company granted a sales discount of $360 to a customer when it collected the amount due on account. yowell uses the perpetual inventory system. which of the following answers reflects the effects on the financial statements of only the discount? assets = liab. + equity rev. − exp. = net inc. cash flow a. (360 ) = na + (360 ) (360 ) − na = (360 ) (360 ) oa b. na = (360 ) + 360 360 − na = 360 na c. (360 ) = na + (360 ) (360 ) − na = (360 ) na d. na = (360 ) + 360 360 − na = 360 na
Answers: 1
Business, 22.06.2019 11:50
The basic difference between macroeconomics and microeconomics is that: a. microeconomics looks at the forest (aggregate markets) while macroeconomics looks at the trees (individual markets). b. macroeconomics is concerned with groups of individuals while microeconomics is concerned with single countries. c. microeconomics is concerned with the trees (individual markets) while macroeconomics is concerned with the forest (aggregate markets). d. macroeconomics is concerned with generalization while microeconomics is concerned with specialization.
Answers: 3
The following information is available from the accounting records of Manahan Co. for the year ended...
Business, 10.01.2021 03:40
Social Studies, 10.01.2021 03:40
Biology, 10.01.2021 03:40
English, 10.01.2021 03:40
Social Studies, 10.01.2021 03:40
Mathematics, 10.01.2021 03:40
English, 10.01.2021 03:40
History, 10.01.2021 03:40
English, 10.01.2021 03:40
Social Studies, 10.01.2021 03:40