Which two tasks does a geologist perform?

During 2022, Oriole Company sold equipment with a book value of $158400 for proceeds of $191400. The company purchased new equip

kramer

Answer:

Cash Inflow of $191,400

Explanation:

There are three types of activities in the cash flow statement which are described below:

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

In the given case, the sale proceed of equipment is consider in the investing activity i.e $191,400

5 0

3 years ago

To maintain production, the quality of materials must be high because no buffer inventories are available to take up the slack.

Sophie [7]

Answer:

Just in time (JIT) inventory management

Explanation:

Just in time (JIT) inventory management is a system created to lower inventory costs and increase manufacturing efficiency. JIT aligns materials and components orders with production schedules in order to reduce inventory levels to the lowest possible level.

It was developed by Toyota in order to reduce the costs of its car manufacturing processes. Once I visited a Toyota pickup factory and it was amazing to see that the whole inventory of finished engines was 4 units, and the factory produced more than 500 pickups per day.

3 0

3 years ago

The settlement option that provides for ongoing payments for a period of time is called

Aneli [31]

The settlement option that provides for ongoing payments for a period of time is called annuity. The annuity is a type of insurance contract in which they provide an individual an annual income for a long period of time such as an example of this is a pension.

7 0

3 years ago

Kater Company manufactures shelving units. The company receives pre-cut wood, drills holes in the wood so that movable shelves m

MArishka [77]

Answer: Please see below for answers.

Explanation:

Variable costs are referred to as costs incurred to a company which change as the volume of production by the company or business changes that is when the volume of production increases, the costs increases , and decreases with decreased production.

Fixed costs are expenses incurred to a company which do not change in relation to the volume of production by the company or business that is when the volume of production increases or decreases, the costs remains the same.

a. Supervisor of the Drilling Department----- Fixed cost

b.Oil used to lubricate drill press machines---- Variable cost

c.Propane for forklift trucks used to move the material from the Drilling Department to the Assembly Department---- Variable cost

e.Natural gas used to heat the plant----- Variable cost

f.Security guard---- fixed cost s

g.Insurance on factory building----- Fixed costs

h.Electricity to power drill press machines---- Variable costs

.i Rent of factory building-Fixed costs

4 0

3 years ago

Phoenix Company can invest in each of three cheese-making projects: C1, C2, and C3. Each project requires an initial investment

cestrela7 [59]

Answer:

C3 should be chosen

Explanation:

Net present value is the present value of after tax cash flows from an investment less the amount invested.

NPV can be calculated using a financial calculator:

For project C1:

Cash flow in year 0 = $-252,000

Cash flow in year 1 =$20,000

Cash flow in year 2 =116,000

Cash flow in year 3 =176,000

I = 10%

NPV = $5,719

For project C2

Cash flow in year 0 = $-252,000

Cash flow in year 1 = $104,000

Cash flow in year 2 = $104,000

Cash flow in year 3 = $104,000

I = 10%

NPV = $6,633

For project C3

Cash flow in year 0 = $-252,000

Cash flow in year 1 = $188,000

Cash flow in year 2 =68,000

Cash flow in year 3 =56,000

I = 10%

NPV = $17,181

C3 should he accepted because it has the highest NPV

To find the NPV using a financial calacutor:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.

3. Press compute

I hope my answer helps you

3 0

3 years ago