Ans. Option C the company's core business
Explanation: If the business is related to selling products, then the sales revenue is an operating income and if it is related to provide services then the service revenue will be known as operating revenue.
Interest revenue and dividend revenue are classified under other revenues (non operating income) section.
This Question: 10 pts 9 of 44 (7 complete) Operating earnings are earnings from O A....
s Question. 10 pts 40 of 44 (33 complete) The description section of a company's business in an annual report does NOT generally include information about: O A. product design and development. O B. sales and distribution strategies. O C. the company's products, OD. income taxes.
This Question: 10 pts 43 of 44 (35 complete An important component of earnings quality is the conservative recognition of net revenues. True O False
This Question: 10 pts 16 of 44 In performing vertical analysis, the base for operating expenses is: O A. gross profit B. net sales. OC. operating income. OD. net income. Click to select your answer.
This Question: 10 pts 4 of 44 (3 complete) Which of the following statements about financial ratios is FALSE? O A. When calculating the price - earnings ratio, preferred dividends are subtracted from market price per share. OB. When calculating return on assets, preferred dividends are subtracted from net income. OC. When calculating return on equity, preferred dividends are subtracted from net income OD. When calculating earnings per share, preferred dividends are subtracted from net income.
This Question: 1 pt 9 of 20 (7 complete) This Test: 20 pts possible Land Services, Inc. owns 34% of voting stock of World Investments, Inc. During the year 2018, World Investments, Inc. earned profits of $260,000. Under the equity method, which of the following journal entries will Land Services record? 88,400 88,400 88,400 88,400 O A. Equity Investments—World Investments, Inc. Revenue from Investments O B. Cash Equity Investments-World Investments, Inc. OC. Equity Investments—World Investments, Inc. Cash OD. Cash Dividend...
This Question: 10 pts 22 of 44 (17 complete) Accounting data should paint a picture of the results of implementing a particular business strategy by a company. True False
This Question: 2 pts 7 of 10 (0 complete) This Quiz: 20 pts possible Acme Inc. just issued a bond with a $10,000 face value and a coupon rate of 7%. If the bond has a life of 30 years, pays somi-annual coupons, and the yield to maturity is 9%, what will the bond sel for? OA 510.000 OB. 57,94527 OC. 54,349.49 OD. $7,936 20 O E $7,90445
What is the cost of retained earnings? Question 7 10 pts Cost of retained earnings. Suppose next year's dividend is $1.50. Current price of common stock is $29.41. Constant dividend growth rate is 5%. What is the cost of retained earnings? 10.10% 10.98% 10.36% 9.89%
This Question: 1 pt 9 of 30 (complete This Test: 30 pts possibile o Theandem variatiews uniform distribution from 11 to 53 What is the probably the random variabile takes on a va that is within 12 standard deviations of the mean Round in the marettenth of a percent) OA 1495 OB 7165 OC.569 OD 676 OE. None of the above Type to search 8 5 6 7 8 9 Q E W R T Y P U A S...
This Question: 3 pts 9 of 10 (8 complete) This Quiz: 3 Using the percentage-of-sales method, the estimated total uncollectible accounts are $6,922. The Allowance for Uncollectible Accounts prior to adjustment has a debit balance of $3,135. The Accounts Receivable balance is $44.420. The amount of the adjusting entry for Uncollectible - Accounts Expense is: O A. $10,057. O B. $3,135. O C. $3,787 OD. $6,922.