Answer:
a. Yum Co. uses cash to repurchase 10% of its common stock. (Financing activity)
b. DigiInk Printing Co. buys new machinery to ramp up its production capacity. (Investing activity)
c. D and W Co. sells its last season’s inventory to a discount store. (Operating activity)
d. A company records a loss of $70,000 on the sale of its outdated inventory. (Operating activity)
Explanation:
Cash flow statement shows how cash is used and obtained in a business. There are different activities that influence cash flow. Below are the activities:
- Operating activities are those that include normal business operations like buying and selling of inventory, interest payments, and salaries.
- Investing activities involves use of cash for investment like purchase or sale of assets, merger and acquisitions payments, and purchase of equipment.
- Financing activities includes cash used to purchase or sell equity such as shares, payment of dividends, and repayment of principal from debt
Answer:
Sounds like Mattel was marketing to younger kids who watched shows such as Sesame Street, and Disney younger kids tend to have more toys so marketing to a young childs favorite tv show could cause the kid to throw a tantrum for this toy and or want the toy more.
Explanation:
Answer:
(A) "So, the government decides to reduce the tariffs on imported raw materials."
(B) "It also introduces special economic zones where certain goods can be traded tax-free."
Explanation:
Liberal economic policies usually revolve around deregulation of many governmental policies, since advocates tend to prefer a market that is as free as possible – meaning, it is free of governmental influences. Liberal economy is also a form of capitalism, and thus they would support (A) and (B) most, since it reduces barriers for businesses to operate at a profit.
They would not support (C) and (D) since these two concepts are instead socialist economic policies.
Answer:
a.$16,370.
Explanation:
beginning WIP cost: 11,100
cost added during the period
materials 77,100
direct labor 25,100
overhead 70% of DL = 17,570
total added 119,770
Total cost to be accounted for: 130,870
Cost assignned to
transferred out 114,500
ending WIP 16.370
Total cost assigned to 130,870
As the cost to be accounted and the cost assigned to should match we contruct that and solve for the ending WIP
