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3 years ago

30 POINTS FOR BEST ANSWER!!!!

1 answer:

6 0

I'd definitely use paper products. Firstly they are less expensive than other types. Secondly it would save my factory money. According to usi.edu the construction costs of paper mills designed to use wasted paper is "50 to 80% less than the cost of a mill using new pulp." Thirdly it is renewable because I could plant trees after I cut some down for my factory.

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Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows

guajiro [1.7K]

Answer:

Cash inflows = $3,260

Cash outflows = $3,260

Total assets = $22,300

Total liabilities = $2,724

Net worth = $19,576

Explanation:

Cash inflows = Monthly take-home salary $3,260

Cash outflows = Rent for the month $1,360 + Spending for food $560 + Telephone bill paid for month $94 + Loan payment $147 + Auto insurance $326 + Payment for electricity $166 + Lunches/parking at work $181 + Donations $122 + Clothing purchase $137 + Restaurant spending $167 = $3,260

Total assets = Cash in checking account $1,270 + Savings account balance $1,990 + Current value of automobile $8,530 + Household possessions $3,970 + Stereo equipment $2,590 + Home computer $2,140 + Value of stock investment $1,810 = $22,300

Total liabilities = Balance of educational loan $2,390 + Credit card balance $334 = $2,724

Net worth = $22,300 - $2,724 = $19,576

4 0

3 years ago

What are equity investments?

snow_tiger [21]

An equity investment generally refers to the buying and holding of shares of stock on a stock market by individuals and firms in anticipation of income from dividends and capital gains. :)

7 0

2 years ago

Read 2 more answers

Suppose the market wage is $400400 per day. How many workers should Sony hire to maximize profits? 55 workers. (Enter a numer

Strike441 [17]

Explanation:

the optimum number of the worker is hired at marginal revenue product equal to the wage

wage=$900,

the firm should hire 5 workers

wage=1300

the firm should higher 2 workers

3 0

2 years ago

The following information is related to Splish Company for 2020.

finlep [7]

Answer:

Net income is $2,034,560.

Explanation:

The multiple-step income statement refers to an income statement that segregates operating revenues and operating expenses of an organisation from its nonoperating revenues, nonoperating expenses, gains, and losses. In addition, gross profit which is net sales revenue minus the cost of goods sold.

The multiple-step income statement is an alternative to the single-step income statement which reports uses just one equation to calculate profits by deducting total revenue from total expenses from segregating them.

The multiple step income statement of Splish Company for 2020 will look as follows:

Splish Company

Income Statement

For the Year Ended December 31, 2020

Particulars $ $

Sales Revenue 34,000,000

Cost of goods sold (21,760,000)

Gross profit 12,240,000

Selling and administrative expenses (6,392,000)

Income from operation 5,848,000

Other revenues and gains

Interest revenue 95,200

Gain on the sale of investments 149,600

Total other revenues and gains 244,800

6,092,800

Other expenses and losses

Write-off of goodwill (1,115,200)

Loss due to flood damage (530,400)

Total other expenses and losses (1,645,600)

Income from continuing op. b4 tax 4,447,200

Income taxes (1,691,840)

Income from continuing operation 2,755,360

Discontinued operation

Loss on disposal (net of tax) (598,400)

Loss on operations (net of tax) (122,400)

(720,800)

Net income  2,034,560 

6 0

3 years ago

Match the phrase that follows with the term (a-e) it describes. integrated set of operating and financing budgets for a period o

Mnenie [13.5K]

1. Master budget: it is an integrated set of operating and financing budgets for a period of time.

2. Production budget: it estimates the number of units to be manufactured to meet sales and inventory levels.

3. Flexible budget: it shows expected results at several activity levels.

4. Sales budget: it begins by estimating the quantity of sales.

5. Static budget: it shows expected results at only one activity level.

A budget can be defined as a financial plan that is used for the estimation of revenue and expenditures of an individual, organization or government, especially for a specified period of time, often one (1) year.

Basically, there are different types of budget and this include:

1. Master budget: it comprises an integrated set of both investing, operating and financing budgets for a specified period of time, often one (1) year.

2. Production budget: it estimates the number of units to be manufactured by a business firm, so as to meet budgeted sales and inventory levels.

3. Flexible budget: it shows expected results of a business firm (responsibility center) at several activity levels.

It is also referred to as variable budget and it's used both before and after a period's activities are completed.

4. Sales budget: it begins by estimating the quantity of sales.

Once the quantity of sales are estimated, the sales revenue that are expected is calculated by multiplying the expected unit sales price by the volume.

5. Static budget: it shows expected results of a business firm (responsibility center) at only one activity level.

A static budget is usually based on a predicted amount of sales or any other measure of activity.

Read more on budget here: brainly.com/question/8976831

8 0

2 years ago