Transactions must be segregated into the three types of activities presented on the statement of cash flows: operating, investing, and financing.
Answer:
C. 1.34
Explanation:
Lindley Corp.'s stock price at the end of last year was $33.50, and its book value per share was $25.00. What was its market/book ratio?
To calculate the ratio:
stock price at the end of last year was $33.50 divided by value per share of $25.00
= 33.50/25.0
= 1.34
Answer:
Rounded to next whole number:
N=3 kanban card sets
Explanation:
Given:
Number of gauges per hour=D=5 gauges per hour
Gauge cluster housing Transported=C=6
Hours for housing replenishment = T=2 hours
Safety Stock Percentage=P=40%
Find:
Number of kanban card sets needed=N=?
Solution:
Formula According to above mentioned Alphabets
Rounded to next whole number:
N=3 kanban card sets
Answer:
The land should be recorded in Clairemont Repair Service’s records at $380,000
Explanation:
According to the historical cost principle, the recording of the fixed assets should be recorded at the purchase price or cost price which is to be shown in the assets side under the balance sheet.
So, according to the question, on February 28, the repair service accepted the seller's counteroffer which means that the land was purchased on February 28 for $380,0000. So, by $380,000 amount, the land would be recorded.
Other costs which are mentioned in the question is ignored.
