Not sure on the first, but the second is C. 40,000.00
Units to be produced in February is calculated as -
Units to be produced in February = February sales + Ending inventory of February - Beginning inventory
February sales = 4,600 units
Ending inventory = 25 % * Sales of March = 25 % * 5,300 units = 1,325 units
Beginning inventory - 25 % * Sales of February = 25 % * 4,600 unit = 1,150 units
Units to be produced in February = 4,600 units + 1,325 units - 1,150 units
Units to be produced in February = 4,775 units
The cash flow statement (CFS) measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses. The cash flow statement complements the balance sheet and income statement and is a mandatory part of a company's financial reports since 1987.1
In this article, we'll show you how the CFS is structured, and how you can use it when analyzing a company.
KEY TAKEAWAYS
A cash flow statement is a financial statement that summarizes the amount of cash and cash equivalents entering and leaving a company.
The cash flow statement measures how well a company manages its cash position, meaning how well the company generates cash to pay its debt obligations and fund its operating expenses.
The cash flow statement complements the balance sheet and income statement and is a mandatory part of a company's financial reports since 1987.1
The main components of the cash flow statement are cash from operating activities, cash from investing activities, and cash from financing activities.
The two methods of calculating cash flow are the direct method and the indirect method.
Answer:
b. $ 14,000
Explanation:
In the cash section of balance sheet, it includes cash on hand, cash in check accounts and normal deposit with term lower than 3 months.
Thus in this case, the cash should be reported in the statement = Cash in Bank - checking account of $13,500 + Cash on hand of $500 = $14,000
Post-dated checks received totaling $3,500 is a check on which the issuer has stated a date later than the current date, so it is not reported in current position
Certificates of deposit totaling$124,000 is reported in investment (short term or long term subject to the tenor of deposit)
Answer:
the balance sheet displays the company's total assets, and how these assets are ... found line items under Current Assets, Long-Term Assets, Current Liabilities, ... This account includes the balance of all sales revenue still on credit, net of any ... Capital
also assets =liabilites
Explanation:
