Answer:
Creative Sound Systems
Net cash flows from investing activities:
Cash inflow from sale of investments $31 million
Cash inflow from sale of land $15.1 million
Cash outflow from purchase of equipment ($25.1 million)
<u>Cash outflow from purchase of patent ($12.1 million)</u>
Net cash flows provided by investing activities $8.9 million
Creative Sound Systems
Net cash flows from financing activities:
Cash inflow from issuing common stocks $40.2 million
<u>Cash outflow from purchase treasury stock ($21.1 million)</u>
Net cash flows provided by financing activities $19.1 million
Answer:
I'd say A!
Explanation:
hope this helps! sorry if it's wrong
Daang if you took the time to write art that I’m pretty sure you could’ve been had the answer hun
Answer:
The correct answer is D.
Explanation:
Giving the following information:
Daguio Corporation uses direct labor-hours in its predetermined overhead rate. At the beginning of the year, the total estimated manufacturing overhead was $305,040. At the end of the year, actual direct labor-hours for the year were 16,800 hours, manufacturing overhead for the year was underapplied by $16,800, and the actual manufacturing overhead was $299,040.
under allocation= real MOH - allocated MOH
16,800= 299,040 - allocated MOH
282,240= allocated MOH
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
282,240= Estimated manufacturing overhead rate*16,800
16.8=Estimated manufacturing overhead rate
