each year, ash mountain enterprises (ame) prepares a reconciliation schedule that compares its income statement with its statement of cash flows on both the direct and indirect method bases. in its 2021 income statement, ame reported $11,000 of interest expense on its outstanding bonds. during the year, ame paid its regular installments of $9,000 of interest in cash. in its reconciliation schedule, ame should:

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Answer 1
Answer:

In its reconciliation schedule, Ash Mountain Enterprises (AME) should adjust the reported interest expense of $11,000 on its outstanding bonds to reflect the actual cash payments made during the year.

As AME paid its regular installments of $9,000 of interest in cash, this amount should be subtracted from the reported interest expense of $11,000 to arrive at the adjusted interest expense of $2,000.

This adjustment is necessary because the income statement reports expenses on an accrual basis, which means that expenses are recognized when they are incurred, regardless of when the actual cash payment is made. On the other hand, the statement of cash flows reports cash flows on a cash basis, which means that cash payments are recorded when they are actually made.

By preparing a reconciliation schedule that compares the income statement with the statement of cash flows on both the direct and indirect method bases, AME can ensure that its financial statements are accurate and complete. This helps to provide a clear and transparent picture of the company's financial performance, which is important for stakeholders such as investors, creditors, and regulators.

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Answers

Answer:

2,3,5,6

Explanation:

Answer:

other guy is correct

Explanation:

Ironhorse Tools has used $700,000 from its total annual earnings of $1,650,000 to invest in upgrading its manufacturing facilities. Its accounts receivable from customers is estimated to be $130,000 and accounts payable $75,000. In monetary terms, what would Ironhorse's resource flows be? Group of answer choices

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Answer:

The answer is: $700,000

Explanation:

A company´s resource flows are the amount it reinvests to maintain (or in this case upgrade) or build a resource, for example new machinery or infrastructure renovations.

In this case, Ironhorse Tools spent $700,000 to upgrade its manufacturing facilities.

Jim's Taco launched an advertising campaign for its new Guacamole taco by running anonymous full-page ads featuring basketball stars issuing mysterious challenges to one another. The ads were attempting to build curiosity without showing the product. This is an example of _____ advertising.

Answers

Answer:

Teaser advertising

Explanation:

Advertising refers to promotion of a product or a service using mass appealing channels such as print media, television, banners and posters.

A Teaser usually serves as a clue to what is to follow at a later stage.

Teaser advertising refers to a form of pre launch promotion wherein small , brief and obscure nature of advertisements which serve as a lead up to a bigger larger forms of advertisements later on.

The purpose behind creation of such advertisements is, the advertiser captures the interests of the viewers and arouses curiosity which connects the viewer to the product over a period.

The given case corresponds to such a form of advertising.

How globalization impacts consumer behavior? provide examples

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Answer:

Increased cultural diversity

SWOT Analysis A SWOT analysis provides organizational strategists with key information and a realistic assessment and understanding of both the internal and external environments. This activity is important because A SWOT analysis is a useful tool in gathering Information about the competitive environment to establish a grand strategy. The goal of this exercise is to challenge your knowledge of SWOT analysis. Select the most appropriate area of the SWOT analysis for each item. 1. The R&D program at the company produces world-class products. Click to select) 2. Our product is targeted to young professionals under 35 years of age. That group is growing. Click to select) 3. The equipment the company owns is last generation and does not have the latest technology, Click to select) 4. There have been several up and coming companies that are beginning to enter our market space. ICR to select 5. Word is that a new highway is being built in the next couple of years, making it easier to transport our products from the factory Cier to select) 6. The employees who work for us are highly skilled and leaders in their field to select) 7. Management does not provide a big budget to support the world-class staff that work for the company Click to select) 8. The company uses a fair amount of short-term debt financed through the bank. Economic projections indicate that interest rates may rise in the future and credit will be more difficult to obtain Click to select) 3

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The most appropriate area of the SWOT analysis for each item is:

1. Strength - The R&D program at the company produces world-class products.
2. Opportunity - Our product is targeted to young professionals under 35 years of age. That group is growing.
3. Weakness - The equipment the company owns is last generation and does not have the latest technology.
4. Threat - There have been several up and coming companies that are beginning to enter our market space.
5. Opportunity - Word is that a new highway is being built in the next couple of years, making it easier to transport our products from the factory.
6. Strength - The employees who work for us are highly skilled and leaders in their field.
7. Weakness - Management does not provide a big budget to support the world-class staff that work for the company.
8. Threat - The company uses a fair amount of short-term debt financed through the bank. Economic projections indicate that interest rates may rise in the future and credit will be more difficult to obtain.

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The philosophical methods of moral reasoning suggest that once we have ascertained the facts, we should ask ourselves certain questions when trying to resolve a moral issue. Which of the following is NOT one of those questions? A. Which course of action maximizes my net benefits? B. Which course of action develops moral virtues? C. Which course of action advances the common good? D. What benefits and what harms will each course of action produce and which alternative will lead to the best overall consequences?

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Answer:

The answer is: A) Which course of action maximizes my net benefits.

Explanation:

Traditional way of reasoning (or practical reasoning) varies from moral reasoning in that they aim to maximize one’s happiness while moral reasoning aims a maximizing everyone´s happiness (the community, country or humankind as a whole).

Maximizing my net profits would be an example of maximizing my own happiness. Therefore it should be considered practical reasoning. That doesn´t mean it is bad or unmoral, it is selfish but there is nothing wrong with it. It just doesn´t aim at maximizing everyone´s happiness.