Answer:
Net cashflow from operating activities =$271,400
Explanation:
<em>The cash flow statement is a financial statement that provides information about the sources and the usage of cash during a particular accounting period usually a year.</em>
It provides the cash inflow and outflows under three (3 ) categories of activities operating investing, financing.
The net operating activities section of the cash flow is prepared below:
$
Net income 194,500
Add Depreciation expense 47,500
Add Loss on disposal 6,200
Add Decrease in account receivable 18,200
Add Increase in accounts payable <u> 5,000</u>
Net cashflow from operating activities <u>271,400 </u>
Answer:
It is more profitable to sell te products as-is.
Explanation:
Giving the following information:
Sell as-is:
Selling price= $31
Continue processing:
Selling price= $35
Unitary incremental cost= $8
Units= 6,100
<u>The firsts $5,200 is a sunk cost, this means that the cost will remain the same in both options. It is irrelevant to the decision-making process.</u>
Sell as-is:
Effect on income= 6,100*31= $189,100
Continue processing:
Effect on income= 6,100*(35-8)= $164,700
It is more profitable to sell te products as-is.
Answer:
$475,000
Explanation:
Calculation for By what amount would LBM credit capital in excess of par
Dr Cash $500,000
(25,000 shares*$20 per share)
Cr Common Stock $25,000
(25,000 shares*$1 per share)
Cr Capital in excess of par $475,000
($500,000-$25,000)
Therefore based on the above Journal entry and calculation the amount that LBM would credit as capital in excess of par will be $475,000 ($500,000-$25,000).
Answer:
From the statement of Universal law of gravitation,
F ∝ m1 m2
F ∝ 1/d²
by combing above two equations we get,
F ∝ m1 m2/d²
F = G m1 m2/d²
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