Answer:
$305,000
Explanation:
Given that,
Net income for the year = $290,000
Increase in accounts receivable = $21,000
Decrease in accounts payable = $9,000
Depreciation Expense = $45,000
Net cash provided by operating activities:
= Net Income of current year - Decrease in Accounts Payable + Depreciation Expense - Increase in Accounts Receivable
= $290,000 - $9,000 + $45,000 - $21,000
= $305,000
Answer:
The advertising department expense allocated to each department are as follows:
Books Dept = $11,748
Magazines Dept = $8,010
Newspapers Dept = $6,942
Totals advertising department expenses allocated = $26,700
The purchasing department expenses allocated to each department are as follows:
Books Dept = $20,081
Magazines Dept = $10,741
Newspapers Dept = $15,878
Total purchasing department expenses allocated = $46,700
Explanation:
Note: See the attached excel for the completed table used in allocating the expenses of the two service departments (advertising and purchasing) to the three operating departments.
From the attached excel, the advertising department expense allocated to each department are as follows:
Books Dept = $11,748
Magazines Dept = $8,010
Newspapers Dept = $6,942
Totals advertising department expenses allocated = $26,700
From the attached excel, the purchasing department expenses allocated to each department are as follows:
Books Dept = $20,081
Magazines Dept = $10,741
Newspapers Dept = $15,878
Total purchasing department expenses allocated = $46,700
Answer:
The resulting rise in unemployment is mostly a rise in __cyclical____ unemployment because it is related to the state of the economy.
Explanation:
Frictional unemployment occurs as a result of workers' search for or transition to new jobs. It is brief and does not leave a mark on the economy. Structural unemployment comes about when the skills of workers do not match the requirements of employers. Therefore, workers require retraining and reskilling. Cyclical unemployment relates to the macro-economic situation that is prevailing during periods of recession.
Answer:
The correct answer is option C.
Explanation:
Dividend distribution in the first year = 120,000 shares of outstanding common stock
Each right was exercisable.
Though none of the rights have been exercised.
The shares have been redeemed by paying each stockholder=$0.10/right
Reduction in the West's stockholder's equity
=Number of shares*amount paid for redemption
=120,000*$.10
=$12,000
So, option C is the right answer.
Answer:
Identify with Your Goals, Build a Professional Resume, Become Aware of Your Strengths, Assume Full Responsibility for Your Life, Always Raise Your Standards, Brand Yourself, and Network
Explanation:
