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3 years ago

The officer responsible for managing the firm's cash flows is the

Business

1 answer:

Wewaii [24]3 years ago

8 0

The officer responsible for managing the firm's cash flows is the treasurer.

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oee [108]

D is the right answer

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4 years ago

Discuss any one Internet-related security issue and one way to resolve the issue.

loris [4]

I think an internet issue is the liberty that people have out there, we gotta know how to control it and a good way to solve it is giving penalties for those who commit bad acts online.

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4 years ago

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Marciano Manufacturing uses a standard cost system. Standards for direct materials are as follows: Direct materials (pounds pe

kondor19780726 [428]

Answer:

Debit Raw Materials Inventory with $72,000; Credit Direct materials Cost Variance with 28,200, and Credit Accounts Payable with $43,800.

Explanation:

Direct materials purchase on account = $43,800

Standard cost of direct materials = 12,000 * $6 = $72,000

Direct materials cost variance = $72,000 - $43,800 = $28,200

The journal entries will therefore be as follows:

Details Dr ($) Cr ($)

Raw Materials Inventory 72,000

Direct materials Cost Variance 28,200

Accounts Payable 43,800

To record direct materials cost and variance.

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4 years ago

Ramon incorporated his sole proprietorship by transferring inventory, a building, and land to the corporation in return for 100

olasank [31]

Answer:

Ramon’s basis in the stock he receives in his corporation is $84,000

Explanation:

The computation of Ramon’s basis in the stock received in his corporation would be $84,000 as this amount reflect the adjusted basis of the assets transferred to the corporation.

These assets include inventory, building, and land. So, the total amount of the total assets would be received i.e based on an adjusted basis, not the fair market value

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3 years ago

Greater resource prices _______ the costs of production, thereby, ______ the incentive for firms to produce the good at each pri

RoseWind [281]

Greater resource prices increases the costs of production, thereby, reducing the incentive for firms to produce the good at each price.
The total cost incurred by a business to produce a product or provide services is referred to as the cost of production. Supplies and raw materials consumed during production, as well as labour costs, are often included in production costs.

Costs of Production

All of the direct and indirect expenses firms incur when producing a good or rendering a service are referred to as production costs. Various expenditures, including labour, raw materials, consumable manufacturing supplies, and general overhead, might be included in production costs. When a company produces a good or offers a service, it incurs production expenses, which are sometimes referred to as product costs. Numerous expenses are included in these costs. For instance, manufacturing expenses for manufacturers include the cost of the labour and raw materials required to make the product. Production expenses in the service sector are related to the labour needed to implement the service and any material costs associated with providing the service.

To learn more about Costs of Production

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2 years ago