Question
1-Which of the following would be included in financing activities? A. Unrealized gains from post-retirement benefits B. Unrealized losses from cash flow hedges C. Unrealized
1-Which of the following would be included in financing activities?
A. Unrealized gains from post-retirement benefits
B. Unrealized losses from cash flow hedges
C. Unrealized gains from currency translation
D. Unrealized losses from investments in securities
2-If a company has net financial obligations, then:
A. It has less financial obligations than financial assets
B. it has more financial obligations than operating assets?
C. It has more financial obligations than financial assets
D. It is unable to meet its financial obligations as they come due
3-At the end of 2019, the balance in "retained earnings" was $27.000 During 2020, the company repurchased $3,000 of stock.
Cash dividends in 2020 were $2,000.
Net income in 2020 was $15,000.
Other comprehensive income in 2020 was $4,000. At the end of 2020, what was the balance in "retained earnings"?
4-Tax rate 21%
Net sales revenue 3,000
Operating expenses 2,000
Operating income 1,000
Net financial income 200
Provision for taxes 100
Net income 1,100
What is net financial income after tax?
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