Which of the following best represents operating income? Seleccione una: Oa. Income after financing activities O b. Earnings before interest and taxes O c. Income from discontinued operations Od. Income from capital gains
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Which of the following best represents operating income? Seleccione una: a. Income after financing activities b. Earnings before interest and taxes c. Income from discontinued operations d. Income from
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- If a company capitalizes costs that should be expensed, how is its income statement for the current period impacted? A. Assets understated B. Net Income understated C. Expenses understated D. Revenues understatedWhich of the following is the correct formula for calculating rate of return on total assets? A. (Net income minus− Interest expense) / Average total asset B. Total equity / Total assets C. (Net income + Interest expense) / Average total assets D. (Net income minus− Interest expense) / Total assetsThe net assets approach of computing for the net income requires this item to be added to the ending capital. a. Beginning capital b. Additional investments c. Withdrawals d. Increase in Liabilities
- Net income appears on which financial statement(s)?a. Balance sheetb. Income statementc. Statement of retained earningsd. Both b and cWhich of the following is included in computing the total gross income? Incidental revenue Net Ordinary income from non-operating activities Net capital gain All of the aboveAnswer the following question a. Return on equityb. Total assets turnoverc. Return on assetsd. Current ratioe. Receivables turnover
- The numerator of the return on total assets is a. net income b. net income plus tax expense c. net income plus interest expense d. net income minus preferred dividendsHow are gain contigencies reported in the financial statements? a. a contingent account receivable b. an accrued revenue c. a deferred revenue d. not at allWhich of the following is (are) deducted from EBIT to determine net income? A. Earnings per share B. Interest expense C. Corporate taxes D. Both B and C
- How much is..... 1. Realized holding gain 2. Unrealized holding gain 3. Net income 4.Total noncurrent assets 5. Total liabilities and shareholders' equityDefine these. a. Return on equityb. Total assets turnoverc. Return on assetsd. Current ratioe. Receivables turnovercalculate net income total assets total liabilties