_____ is done by centralizing or specializing a firm's operations to sustain or improve productivity.

Winds sweep the sea floor of the Arial sea and blow dust, salt and particles hundreds of miles

ivolga24 [154]

Answer:

yes, what else do you want to tell me

5 0

3 years ago

A company with 108,000 authorized shares of $4 par common stock issued 33,000 shares at $12. Subsequently, the company declared

liq [111]

Answer:

$20,460

Explanation:

Data provided as per the question below:-

Common stock = 33,000 shares

Market price per share = $31

Stock dividend percentage = 2%

The computation of stock dividend is shown below:-

Price per share = Common stock × Market price per share

= 33,000 × $31

= $1,023,000

Stock dividend = Price per share × Stock dividend percentage

= $1,023,000 × 2%

= $20,460

8 0

4 years ago

The income statement of Whitlock Company is presented here.

bazaltina [42]

Answer:

$1,146,800

Explanation:

Preparation for the operating activities section of the statement of cash flows for the year ended November 30, 2020

WHITLOCK COMPANY

Partial Statement of Cash FlowsFor the Year Ended November 30, 2020

Cash flows from operating activities

Net income $1,366,800

Adjustments to reconcile net income to net cash provided by operating activities..

Activities

Depreciation expense $70,000

Decrease in inventory $500,000

Decrease in accrued expenses payable ($100,000)

Increase in prepaid expenses ($150,000)

Increase in accounts receivable ($200,000)

Decrease in accounts payable($340,000)($220,000)

Net cash provided by operatingActivities $1,146,800

($1,366,800-$220,000)

Therefore the operating activities section of the statement of cash flows for the year ended November 30, 2020 is $1,146,800

3 0

3 years ago

Lionel is an unmarried law student at State University Law School, a qualified educational institution. This year Lionel borrowe

Fudgin [204]

Answer:

Deductible interest expense of $1440 and deductible education expense of $4000.

Explanation:

There are certain tax laws which allows a tax payer to deduct his expenses from the taxable amount. The tax payer can deduct interest expense from the taxable amount since it is a tax shield. Lionel can deduct an interest expense of $1440 from the taxable amount and he can deduct $4000 for his education from the taxable amount.

6 0

3 years ago

Faircross farms harvests its crops four times annually and receives payment for its crop 90 days after it is picked and shipped.

Tanzania [10]

<span>Assume firm needs $10,000. Face amount of loan = $10,000/(1 â’ 0.11 â’ 0.20) = $14,492.75. Discount interest = 0.11($14,492.75) =$1,594.20. Compensating balance = 0.20($14,492.75) = $2,898.55. With a financial calculator, enter N = 1, PV = 10,000, PMT= 0, FV = â’11,594.20, and solve for I/YR = 15.94%.</span>

3 0

3 years ago