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3 years ago

In economic terms, what is the term used for the loss of other alternatives when one alternative is choosen

Business

1 answer:

yulyashka [42]3 years ago

7 0

C. opportunity cost is the benefit not received as a result of not selecting the best option

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A $30,000 note payable is retired at its $30,000 carrying (book) value in exchange for cash. The only changes affecting retained

netineya [11]

Answer:

Ikiban Inc.

Statement of Cash flows

For the Year Ended June 30, 2017

Cash flow from operating activities:

Net income $117,510

Adjustments to net income:

Depreciation expense $67,600
Decrease in inventory $27,200
Decrease in prepaid expenses $1,900
Increase in accounts receivable ($18,500)
Gain from sale of equipment ($3,000)
Decrease in accounts payable ($9,500)
Decrease in wages payable ($9,900)
Decrease in taxes payable ($2,800) $53,000

Net cash flow from operating activities $170,510

Cash flow from investing activities:

Purchase of new equipment ($67,600)

Disposal of old equipment $13,500

Net cash flow from investing activities ($54,100)

Cash flow from financing activities:

Issuance of common stock $69,000

Retirement of note payable ($30,000)

Distributed dividends ($106,310)

Net cash flow from financing activities ($67,310)

Net cash increase $49,100

Cash balance June 30, 2016 $53,000

Cash balance June 30, 2017 $102,100

4 0

3 years ago

Hot Wings, Inc., has an odd dividend policy. The company has just paid a dividend of $8.50 per share and has announced that it w

Vadim26 [7]

Answer:

The correct answer is $65.90 (approx.)

Explanation:

According to the scenario, computation of the given data are as follows:

Dividend paid = $8.50

Increase dividend = $6.50 per year

Require return = 16%

We can calculate the current share price by using following method:

=[($8.5 + $6.5) ÷ (1 + 16%)^1] + [($8.5 + $6.5 + $6.5) ÷ ( 1 + 16%)^2] +[($8.5 + $6.5 + $6.5 + $6.5) ÷ (1+16%)^3] + [($8.5 + $6.5+ $6.5 + $6.5 + $6.5) ÷ (1+16%)^4

= $15 ÷ 1.16 + $21.5 ÷ 1.16^2 + 28 ÷ 1.16^3 + 34.5 ÷ 1.16^4

= $65.90 (approx.)

3 0

3 years ago

During the past year, a company reported net income of $230,000. Depreciation expense was $22,000. In December the company recei

tamaranim1 [39]

Answer: $259000

Explanation:

Based on the information provided in the question, the amount of cash provided by operating activities that should appear on a statement of cash flows would be:

Net income = $230,000

Add: Depreciation expense = $22,000

Add: Rent = $7000

Total = $259,000

8 0

3 years ago

Amanda and jack are working on their taxes and need to determine which form to file. they had wages, interest, and dividends. in

NemiM [27]

I guess the correct answer is 1040.

Amanda and Jack are working on their taxes and need to determine which form to file. They had wages, interest, and dividends. In addition, they bought a house this past year and are thinking of itemizing their deductions.

They should use the form 1040.

5 0

3 years ago

Read 2 more answers

The existence of under- or overapplied overhead at the end of the year: a. requires a retroactive adjustment to the cost of all

Ilya [14]

Answer:

Option "C" is the correct answer to the following question.

Explanation:

Cost of goods sold includes all types of expenses related to a product.

Any type of expenses during the year can be adjusted in the cost of goods sold for that product. underdeveloped or overdeveloped overhead can also be adjusted in the cost of goods sold for the particular year.

so the correct answer to the given statement is the Cost of Goods sold.

5 0

3 years ago