subject
Business, 06.03.2020 23:33 emmmmmmaaaa

The shortcut for determining how to convert from accrual to cash when creating a statement of cash flows is similar to which other shortcut we used this semester?

a. The shortcut for determining the conversion from GAAP to tax line items.
b. The shortcut for determining the conversion from Contract Liability to Sales Revenue.
c. The shortcut for determining the conversion of corridor smoothing to pension expense.
d. The shortcut for determining the conversion from LIFO to FIFO Retail Inventory Method.

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 02:30, maddielr17
Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be
Answers: 1
image
Business, 22.06.2019 11:10, flippinhailey
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
image
Business, 22.06.2019 17:30, gabedafame26
Palmer frosted flakes company offers its customers a pottery cereal bowl if they send in 3 boxtops from palmer frosted flakes boxes and $1. the company estimates that 60% of the boxtops will be redeemed. in 2012, the company sold 675,000 boxes of frosted flakes and customers redeemed 330,000 boxtops receiving 110,000 bowls. if the bowls cost palmer company $3 each, how much liability for outstanding premiums should be recorded at the end of 2012?
Answers: 2
image
Business, 22.06.2019 17:40, lukecoupland4401
Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.
Answers: 3
You know the right answer?
The shortcut for determining how to convert from accrual to cash when creating a statement of cash f...

Questions in other subjects:

Konu
Social Studies, 05.11.2020 01:00
Konu
Biology, 05.11.2020 01:00