Business, 17.12.2019 06:31, jalonjonrs5991
Clear transmissions company income statement for the year ended december 31, 2018 ($ in 000s) sales $ 1,620 cost of goods sold 648 gross margin 972 salaries expense $ 280 depreciation expense 205 patent amortization expense 20 interest expense 60 loss on sale of cash equivalents 11 576 income before taxes 396 income tax expense 198 net income $ 198 clear transmissions company selected accounts from comparative balance sheets december 31, 2018 and 2017 ($ in 000s) year 2018 2017 change cash $ 117 $ 110 $ 7 accounts receivable 230 247 (17 ) inventory 445 460 (15 ) accounts payable 165 154 11 salaries payable 85 96 (11 ) interest payable 40 30 10 income taxes payable 30 20 10 required: prepare the cash flows from operating activities section of the statement of cash flows for clear transmissions company using the direct method. (enter your answers in thousands (i. e., 5,000 should be entered as 5). amounts to be deducted should be indicated with a minus sign.)
Answers: 2
Business, 22.06.2019 18:00, ferny5133
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
Business, 22.06.2019 20:40, ccory0626
Answer the questions about keynesian theory, market economics, and government policy. keynes believed that there were "sticky" wages and that recessions are caused by increases in prices. decreases in supply. decreases in aggregate demand (ad). increases in unemployment. keynes believed the government should increase ad through increased government spending, but not tax cuts. control wages to increase employment because of sticky wages. increase employment through tax cuts only. increase as through tax cuts. increase ad through either increased government spending or tax cuts. intervene when individual markets fail by controlling prices and production.
Answers: 2
Business, 22.06.2019 21:40, QueenNerdy889
Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery
Answers: 1
Business, 23.06.2019 12:40, youngchapo813p8d9u1
On january 1, a company issued and sold a $398,000, 6%, 10-year bond payable, and received proceeds of $393,000. interest is payable each june 30 and december 31. the company uses the straight-line method to amortize the discount. the journal entry to record the first interest payment is:
Answers: 2
Clear transmissions company income statement for the year ended december 31, 2018 ($ in 000s) sales...
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