The difference between “Net Operating Income” and “Gross Profit on Sales” is that net operating income A. includes amounts from the “Other Income” section of the income statement. B. is the same thing as gross profit on sales, and therefore there’s no difference. C. includes deductions for operating expenses. D. includes deductions for “Other Expenses.”

What is the equity method balance in the investment in lindman account at the end of 2018?

What is used by accountant to analyze transactions ?

Adamson company manufactures four lines of garden tools. as a result of an activity analysis, the accounting department has identified eight activity cost pools. each of the product lines is produced in large batches, with the whole plant devoted to one product at a time. classify each of the following activities or costs as either unit-level, batch-level, product-level, or facility-level. activities (a) machining parts. (b) product design. (c) plant maintenance. (d) machine setup. (e) assembling parts. (f) purchasing raw materials. (g) property taxes. (h) painting.