Grant's income statement reveals a loss from the sale of land. In preparing the operating activities section of the statement of cash flows using the indirect format, the loss should be

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Answer 1

If income statement reveals a loss from the sale of land, the loss should be added to net income in the operating activities section.

When loss from the sales of land  or property is added to net income, in the statement of cash flows operating activities section, the loss amount will increase the net income.

Loss from the sales of land is a noncash assets as it does not involve cash because no money  was paid.

Based on this loss from sales of land does not means that cash was paid rather it means that the company missed the opportunity to gain the amount that was loss.

Inconclusion If income statement reveals a loss from the sale of land, the loss should be added to net income in the operating activities section.

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Related Questions

A scope creep __________ is a list of additional ideas or bells and whistles proposed during a project.

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Based on business management, a scope creeps "parking lot" lists additional ideas or bells and whistles proposed during a project.

Typically, a scope creeps parking lot is a document that records the project scope requests that the stakeholders do not authorize.

There a various information or scope requests that can be documented in the scope creep parking lots. Some of these unauthorized scope requests include the following:

An ambiguous scope of workPoor planning scheduleProject duration and complexity lCommunication between project stakeholders, etc.

Hence, in this case, it is concluded that the correct answer is "parking lot."

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Mr. Forest, a single taxpayer, recognized a $252,000 loss on the sale of Section 1244 stock. What is the character of this loss

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Based on current tax laws, the character of this loss is $50,000 ordinary loss and $202,000 capital loss.

Tax laws stipulate that when it comes to losses from section 1244 stock, $50,000 is the maximum that can be stipulated for losses to a single person with the rest being treated as capital loss.

This means that $50,000 will be stipulated as ordinary losses here and the capital loss will be:

= 252,000 - 50,000

= $202,000

In conclusion, $50,000 is ordinary loss and $202,000 is capital loss.

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Convertibles. Barry, a new car dealer, advertised that a new brand of convertible called Wind would be available at his dealership for the price of $10,000 each. He had only three Wind vehicles, however, and when those were sold, he tried to convince shoppers to purchase a much more expensive new convertible at a price of $25,000. Kathy, a customer who decided to purchase one of the more expensive vehicles, needed financing in order to do so. She had $10,000 to pay on the car and sought a loan from ABC Bank for the remainder. She wanted the loan for a specific amount of time. ABC Bank offered her the loan and she agreed. The only information she received from ABC Bank was confirmation that she borrowed $15,000 at an 8% interest rate. After receiving several complaints, the Federal Trade Commission disapproved of Barry's action in regard to the Wind vehicles. Claiming that his advertisement was misleading, the Federal Trade Commission proceeded to issue a cease-and-desist order prohibiting deceptive advertising involving Wind vehicles and any other vehicles Barry offered for sale.

Required:
What terms references the cease-and-desist order entered by the Federal Trade Commission involving not only Barry's sales of Wind but also his sales of all other vehicles?

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Answer:

Which of the following terms references the cease-and-desist order entered by the Federal Trade Commission involving not only Barry's sales of Wind but also his sales of all other vehicles? A Multiple Product Order

Explanation:

One of the historical trading abuses in the mutual fund industry was allowing selected investors to rapidly trade in and out of a mutual fund in order to profit on stale prices. This practice is called:

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The practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.

Market timing is defined as the predictions an investor makes about price movement.

In other word, the strategy is when investor tries to identify the best times to be in the market and when to get out.

In conclusion, the practice of the investors who trade in and out of the fund in order to make profit is known as Market timing.

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A salesperson lacking goals will drift around their territory, wasting time and energy. Group startsTrue or False

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The answer here is TRUE. A salesperson that is lacking goals is no longer a need in an organization.

software is used to play, create, and modify audio and video files.

Answers

If you are asking if this is true it is

What happens to the price and quantity of churro waffles if the price of brown sugar decreases?.

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Answer:

The price of the churro waffles will go up and the quality will go down.

If the price of brown sugar decreases, then the price of churro waffles will decrease and quantity will increase.

How quantity is affected by price changes?

The quantity that customers desire is determined by the price of an item or service in a market. When non-price elements are taken out of the equation, it follows that higher prices lead to lower quantities demanded and lower prices lead to larger quantities desired. As a result, according to the rule of demand, there is an inverse connection between a product's price and the quantity that is desired for it.

A drop in the cost of the good leads to an increase in the amount required (and vice versa). The amount wanted and any market price is represented by a demand curve. A shift along a demand curve is used to illustrate a change in the amount required.

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When Federal Reserve Banks purchase government from commercial banks, they increase the reserves in the banking system, which then increases the lending ability of the commercial banks.

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When Federal reserve banks purchase government securities from commercial banks, they increase the reserves in the banking system and they also increase the lending ability of the commercial banks.

If the Federal reserves want to increase the reserves, what they do is to buy securities. They then make a deposit to the account held at the commercial bank.

An example is if the Feds should buy securities of 1000 dollars, the bank would be having an excess of 1000 dollars to lend.

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Rinaldo is an expat working in Singapore. As part of his compensation package, a chauffeur drives him to and from work each day. The chauffer is an example of a(n) Multiple Choice wage. allowance. bonus. perk.

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The chauffeur is an example of Perk because the benefit is enjoyed because Rinaldo works for the company.

Basically, Perk is recognized as an advantage / benefit that an employees gets because of working for the company.

For instance, getting free ride, lunch, donations from staffs are all examples of perks.

Here, the Chauffeur driver does drive Rinaldo to and from work because it is part of his compensation package.

This benefit of this transportation is not part of Rinaldo's wage, allowance or bonus.

Therefore, the answer is Option D because the benefit is enjoyed because he works for the company.

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If an economic crisis were to occur that caused a significant decline in the projected tax revenue for the biennium, the state legislature would likely deal with the shortfall by taking which steps

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If a country is going through financial difficulty, there are several steps they can take including:

Reducing spending Delaying interest payments Using cash reserves

If a country sees that its taxes will not be enough to cover its obligations, it can reduce the amount it spends on goods and services so as to reduce its obligations.

Country can also increase the time taken to pay off debts so that they can divert cash to needed areas whilst waiting for things to be better.

Country can use cash reserves that it accumulated in one form or the other to weather the storm of reduced taxes.

In conclusion, the government can deal with tax shortage in several ways.

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Which company makes more money? Gucci, which makes a Profit of $75.00 per belt sold, or Wal Mart which makes $0.62 per belt sold? Explain your answer…

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Answer:

Probably Walmart. Considering the price is so low for Walmart, more people are likely to buy it. Therefor the value will drop.

Explanation:

The more often a product turns over (e.g. the higher its turns) the ______ its inventory holding cost per unit.

Answers

buisness it’s inventory holding cost per unit

True or false: The Malcolm Baldrige National Quality Award is to honor companies that show quality in seven key areas and have customer satisfaction ratings higher than competitors.

Answers

Answer:

True

Explanation:

If you need more reassurance look the award up. Plz give brainliest!

Select the correct answer. Which sales channel is the most effective for a business that has a small scale of operations? a A. telemarketing B. hiring agents C. flea markets D. franchising E. multilevel marketing​

Answers

Answer:

franchising marketing

True or False: Your landlord, the over of your rental property, has the right to enter your apartment, any time he wants to
to be certain that you are following the NO SMOKING re because he is concerned about safety and damage to the apartment.

Answers

Answer:

false

Explanation:

he/she is not allowed to enter at any time because he/she does not have the right to enter the home if you are not there.

Witch method of commuting is most likely to reduce your need to go to the gym or get a treadmill

Answers

Answer:

Walking or using of bicycle

Explanation:

Use of legs are needed in both method of commuting. Leg muscles will be worked up and it also produces sweat that is equivalent to gym exercise

Large stock dividends are recorded at _______ and small stock dividends are recorded at ______. Multiple choice question. market value; market value par value; par value cost; cost cost; par value par value; market value

Answers

Firms always distribute dividend to its shareholders. Large stock dividends are recorded at par value and small stock dividends are recorded at market value

Large stock dividends are simply referred to as new shares issued that are more than 25% of the value of the total shares outstanding before dividend.

The journal entry is known to transfers the par value of the said shares from retained earnings to paid-in capital.

The stock market often see and adjust for the changing value of each share as the company have an increased number of shares.

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1. An advantage of gig work is...
A. constant workload
B. flexible work hours
C. paid sick leave
D. reliable income

2. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as
A. a branch
B. a division
C. an exchange
D. a franchise

Answers

An advantage of gig work is flexible work hours. A business that is owned by a larger company but licensed to an individual, allowing them to conduct business in the company's name, is known as a franchise.

Those who seek to combine work and home life or who have other responsibilities may find that gig employment, which often gives workers greater freedom over their schedule and allows them to work on a project basis, is suitable. Nevertheless, as these are not typically guaranteed in gig arrangements, they might not offer a steady workload, paid sick time, or dependable income.

A franchise system allows for the use of a franchisor's business model, brand, and support networks in exchange for an upfront fee and recurring royalties paid by the franchisee to the franchisor in the franchise. Although the franchisee runs their business independently, they are required to abide by certain standards and regulations imposed by the franchisor.

Gig work is a word used to describe income-generating activities that don't include regular, ongoing employer-employee interactions. Companies are increasingly offering temporary employees short-term work, and the employees—known as gig workers—accept these gigs.

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Answer: It is flexible work hours and reliable income... But it is most likely B

Explanation: Sorry if this is wrong but I am 99 percent sure it is B

The claim that the high school drop-out rate has increased because more women have taken jobs in the workplace would be an example of

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Claims that drop-out rate has increased because more women have taken jobs in the workplace is an example of false cause fallacy.

A false cause fallacy is said to occur in a statement because the link between the premises and conclusion does not even exist.

Here, phrase one is "high school drop-out rate has increased" and phrase two is "because more women have taken jobs in the workplace"

If we assess the two phrase, we will observe that their is no link between the statement to facilitate a valid conclusion because when woman taking jobs in workplaces can not result to increase in drop rate in high school.

Therefore, it is an example of false cause fallacy.

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List one thing you SHOULD do if your car loan suddenly becomes too expensive.

Answers

Answer:

Modify Your Auto Loan.

Refinance Your Vehicle Loan.

Trade-in Your Car.

Let Someone Else Assume Your Loan.

Sell Your Vehicle.

Turn the Keys In.

Let Your Car Be Repossessed.

File for Bankruptcy.

Preferred stock generally (has/does not have) ______ voting rights and (has/does not have) ______ preference as to dividends.

Answers

According to share and stocks management, the preferred stock generally does not have voting rights and has a preference as to dividends.

This is because Preferred stock is a type of stock that is first paid to the stockholders before the common share or stockholders are paid.

However, unlike the common stockholders that have voting rights in a firm, the preferred stockholders do not have voting rights.

Hence, in this case, it is concluded that Preferred stock has its advantages and disadvantages.

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Two countries, Country A and Country B, produce petroleum and seafood. A 4-column table has 2 rows. The first column is labeled country with entries Country A, Country B. The second column is labeled Cost (units) with entries 1, 1. The third column is labeled Petroleum (units) with entries 16, 8. The fourth column is labeled Seafood (units) with entries 8, 8. Based on the data in the table, has the absolute advantage in producing petroleum.

Answers

Answer:

Country A

Explanation:

Based on the data in the table, has the absolute advantage in producing petroleum is country A.

What is absolute advantage?

A country has an absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries.

Looking at the table, Country A, produces 16 units of pertroluem while Country B produces 8 units. Thus, Country A has an absolute advantage.

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Question 2 of 10
Which of the following are possible negative consequences of filing for
bankruptcy?
O A. Loss of employment
OB. Reduced and consolidated debt
O C. Increased credit score and reduction of debt
O D. Loss of property and lowered credit score

Answers

Answer:

D

Explanation:

The possible negative consequences of filing for bankruptcy is loss of property and lowered credit score. Option D is an appropriate response.

What is bankruptcy?

Through the legal process of bankruptcy, individuals or other entities that are unable to pay their creditors back can seek partial or complete relief from their debts. Bankruptcy is typically imposed by a court order that is frequently requested by the debtor. An organization files for bankruptcy when it is unable to pay its creditors or honor its financial commitments.

Bankruptcies are seen negatively by prospective lenders and are recorded as bad information on your credit report. If creditors discover a bankruptcy on your credit report, they can opt not to grant you credit or, if they do, they might do so with more expensive interest rates and unfavorable terms.

Your credit scores may suffer if you declare bankruptcy. Hence, the appropriate response is option D.

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Campbell's, the soup manufacturer, maintains a low-level of advertising during the entire year, but Campbell's advertises heavily during the winter months when people are cold and looking for something to help warm them up. What kind of advertising strategy is Campbell's most likely using

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Answer:

Most likely to use commercial advertisements\ing, showing snow for the cooler winter times, Thanksgiving dinners with people and their loved ones for a warm thanksgiving dinner, this could be followed along with kids and/or elders getting a cold or flu during this winter season using Campbell’s soup as a way for them to “warm up”, because who doesn’t want a hot bowl of soup when they have a cold?

Online calculators and worksheets can help you find answers to financial planning and investing questions. Group of answer choices True False

Answers

True, the various online calculators and worksheets can help one to find answers to financial planning and investing question.

Today, the computer application which are programmed to provided the solutions to different level of financial planning and investing question can not be assessed online.

For instance, the MS Excel which was one of the earliest wroksheet can not be used online in form of G.oogle Spreadsheet etc

Therefore, it is true that various online calculators and worksheets can help one to find answers to financial planning and investing question.

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Suppose that Walmart and Target are selling Sony flat-screen computer monitors for a price of $150 or $200 each. Based on the information in the payoff matrix, does a Nash equilibrium exist?

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Based on the information in the payoff matrix, a Nash equilibrium exists.

Nash equilibrium can be described as the choice market players would make in which they would have no incentive to change their decisions. It is the best outcome for each market player.

Looking at the payoff matrix, the payoff of charging $150 results in the higher profits for both Walmart and Target. Thus, the Nash equilibrium for both stores is to charge $150.

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beneficiaries are responsible for of prescription costs

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Answer:

In general, beneficiaries are responsible for paying the following for a Medicare Prescription Drug Plan:  

Monthly premiums

Annual deductible

Copayments or coinsurance

A small copayment for the rest of the calendar year after they reach a certain out-of-pocket amount

Explanation:

what kind of potatoes are best for mashed potatoes?

Answers

Russets or Yukon Golds.

The _____ of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

Answers

According to business management roles, the "financial manager" of a firm uses information from the sales budget and various cost budgets to develop a forecast of net earnings for the planning period.

This is because the financial managers are the individuals in a firm whose role or responsibility is to ensure that the organization is functioning well financially.

Their roles usually involve providing the financial guidance, developing financial reports, making direct investment activities, etc.

Hence, in this case, it is concluded that the correct answer is "Financial Manager."

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in a competitive market, the actions of any single buyer or seller will

Answers

Answer:

it will increase the tension of competition

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Imagine you are opening an American history museum. You are creating an exhibit about the cultural changes of the 1920s and you want to create a compelling visual presentation to get museum goers excited about your exhibit.Use what you have learned in the lesson to complete a photo story about this period in which you choose five artifacts and demonstrate how they contributed to the atmosphere and culture of the 1920s. Keep in mind that artifacts are human-made objects from a period in history. When you find an artifact, the date in the citation should indicate it is from the 1920s. You should use a variety of artifacts, which can include photographs, video, sound recordings, excerpts from literature of the period, song lyrics, or any other ideas you have about 1920s culture. The five artifacts you choose will help you illustrate the cultural changes of the 1920s.Out of the five, you must have an artifact for each of the following: Prohibition Harlem Renaissance Fundamentalism New Roles for Women The fifth artifact can be one of your choosing. Number 4.. What are two substances that need to be transported out of animal cells, in order to survive 11. What is the function of the White House Press Secretary! These are standards that determine a scientists behavior, right or wrong. On Monday, your bank account balance was -$12.71. Because you didn't realize this, you wrote a check for $30.96 for groceries. The new balance in the checking account dollars 100 points hode tp spelll heder While not the capital of China, this city located at the mouth of the Yangtze River has over 24 million residents, Edward scissorhands Of course, Jim is the villain, but who or what is the antagonist in the film? Explain in detail. a cylinder with a radius of 5cm and height of 10cm equals what volume? PLEASE HELP ILL MARK BRAINLIEST ASAP AND NO LINKS PLEASE where do most second-order somesthetic neurons synapse with third-order neurons? how to prepare a poster on a4 size paper advocating for the protection and preservation of our traditional architecture? what happens in the second battle of Marne? Thin-layer chromatography explain ????? Which scenario represents a 20% increase?A - 120 goes down to 100B - 50,00 dogs to 60,000 dogsC - Hannah's brain capacity during any given math testD - 156 deer to 204 Use the quadratic formula to find both solutions to the quadratic equation given below. Check all that apply. 2x2 3x + 1 = 0 Calculate the probability P(E).The Heavy Weather Service predicts that for tomorrow there is a 50% chance of tornadoes, a 25% chance of a monsoon, and a 15% chance of both. What is the probability that we will be lucky tomorrow and encounter neither tornadoes nor a monsoon? What property of addition is defined by ( a + b ) + c + a + ( b + c ) When Binet developed the first intelligence test he believed that: ________________a. he was measuring three basic forms of intelligence called practical, creative, and analytical intelligence. b. he was measuring an innate, fixed level of mental ability. c. he was NOT measuring an innate, fixed level of mental ability. d. he was measuring multiple intelligences, including musical intelligence, spatial intelligence, personal intelligence, practical intelligence, and so forth.