1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
tiny-mole [99]
1 year ago
5

preparing tywin company's statement of cash flows for the most recent year, the following information is available: purchase of

equipment $ 260,000 proceeds from the sale of equipment 87,000 purchase of land 91,000
Business
1 answer:
Blizzard [7]1 year ago
6 0

-$264,000

Explanation:

Below is a summary of the net cash flows from investing operations for the year.

flow of money from investments

Equipment purchase: $260,000

$87,000 was earned from the sale of equipment.

Land purchase: $91,000

-$264,000 in net cash flow was utilised for investing activities.

Sales are a cash inflow, so they would be added, whereas the purchase is a cash outflow, so it would be reflected as a minus sign.

To learn more about cash flows from the given link.

brainly.com/question/735261

#SPJ4

You might be interested in
Everfi What is the primary reason to issue stock
Rus_ich [418]
 a form of equity, dividends are not mandatory, and voting rights and control of the company. 
3 0
3 years ago
Imagine that your boss is someone whom you and your coworkers have very little respect for, but you and others continue to do wh
Maksim231197 [3]

Answer:

The correct answer is letter "B" and "E": Behave in an authoritarian way.; Hold back talented employees.

Explanation:

Disrespected bosses tend to use their authority to let others know their ideas since they transmit no inspiration because of who they are. It is the only form they can get subordinates' attention. Besides, when subordinates start to show leadership skills or special talents, the disrespected boss would minimize that individual in an attempt to keep his or her power and not to be replaced by that subordinat

6 0
3 years ago
The Federal Reserve's organization:
damaskus [11]

Answer: 1. Five

2. Making decisions regarding monetary policy.

3. Open market operations, buy

Explanation:

The Federal Open Market Committee usually meet eight times a year in Washington. The voting members are members of the Federal Reserve Board of Governors but only five of the president of the regional banks are members.

The Federal Open Market Committee is the Federals monetary policy making body. The Committee is responsible for the formulation of policies that are designed to promote economic growth and price stability. The country's money supply is managed by the Federal Open Market Committee.

In order to increase the number of dollars available in the economy of the United States, the Federal Reserve will purchase government bonds using the open market operations. When the Federal reserve buys bonds, there is more money available in the economy.

7 0
3 years ago
Hazelton Manufacturing prepares a bank reconciliation at the end of every month. At the end of May, the general ledger checking
Zepler [3.9K]

Answer:

Option (3) $1,245

Explanation:

Data provided in the question:

General ledger checking account  balance = $1,360

Bank balance on bank statement = $1445

Deposits in transit = $150

Outstanding checks = $350

Bank statement service charges = $30

NSF checks = $85

Now,

The Correct cash balance will be

                  Bank balance on bank statement              $1,445

Add :          Back deposits in transit                               $150

Subtract :  Outstanding checks                                     $350

----------------------------------------------------------------------------------------------------

Correct balance                                                             $1,245

Hence,

Option (3) $1,245

5 0
3 years ago
Bunnell Corporation is a manufacturer that uses job-order costing. On January 1, the company’s inventory balances were as follow
Anestetic [448]

Answer:

3.

DR Selling and Administrative Salaries               $240,000

      Manufacturing Overhead                                $150,000

      Work in Process                                                $600,000

CR Wages Payable                                                                      $990,000

4.

Manufacturing Overhead Applied

= 41,000 hours * 16.25

= $666,250

5. Total Manufacturing cost to be added = Raw Materials + Direct Labor + Manufacturing Overhead

= 480,000 + 600,000 + 666,250

= $1,746,250

6.

DR Finished Goods                                             $1,680,000

CR Work in Process                                                                $1,680,000

7.

Ending Balance = Beginning balance + Raw materials + Direct labor + Manufacturing Overhead - Cost transferred to Finished goods

= 18,000 + 480,000 + 666,250 + 84,250 - 1,680,000

= $84,250

9. Predetermined overhead cost - Actual cost = 666,250 - 650,000 = $16,250.

<u>Overapplied</u> as predetermined cost was more than Actual.

12. Finished goods = Beginning balance + Cost transferred from WIP - Cost of goods sold

= 35,000 + 1,680,000 - 1,690,000

= $25,000

13.

Adjusted Cost of Goods sold = Cost of goods sold - Overapplied

= 1,690,000 - 16,250

= $1,673,750

14. Gross Margin = Sales - Adjusted COGS

= 2,800,000 - 1,673,750

= $1,126,350

15. Net Operating Income

= Gross Margin - Selling and Administrative salaries - Selling and Administrative expenses

= 1,126,350 - 240,000 - 367,000

= $519,250

6 0
3 years ago
Other questions:
  • Alex worked as a programmer for the GPS device and phone application known as MyWaze. He signed a covenant not to compete with M
    9·1 answer
  • Which of the following line items of the statement of cash flows must be obtained from the income​ statement?
    9·1 answer
  • . If during 2005, the country of Sildavia recorded investment spending for $3 billion, government purchases for $3 billion, cons
    15·1 answer
  • Enscoe Enterprises, Inc. (EEI) has 360,000 shares authorized, 300,000 shares issued, and 50,000 shares of treasury stock. At thi
    14·1 answer
  • When writing routine requests, you should expect strong resistance from message recipients?
    14·1 answer
  • Which type of bank account is most likely to pay you interest on the money in the account?
    12·1 answer
  • We collected a sample of the prices of new homes. The mean of our sample is $155,000, with a standard deviation of $15,000. Calc
    6·1 answer
  • Pear makes watches. The fixed overhead costs for 2015 total $648,000. The company uses direct labor-hours for fixed overhead all
    9·1 answer
  • Explain what ‘closing the ledger’ means
    10·1 answer
  • Required: a. Compute gross profit, the goods available for sale, and the cost of goods sold for the merchandiser. Hint: Not all
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!