Answer:
$10,730
Explanation:
1. Patent: $92,000/15 years = $6,133
$6,133 × 3/12 = $1,533
2.Goodwill: $552,000/15 years= $36,800
$36,800 × 3/12 = $9,200
Total: $1,533 + $9,200= $10,733
Approximately $10,730
Answer:
(B) $45,000.
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $74,000
Adjustment made:
Add : Depreciation expense $52,000
Less: Increase in accounts receivable -$36,000
Less: Increase in inventory -$16,000
Less: Decrease in accounts payable -$29,000
Total of Adjustments -$29,000
Net Cash flow from Operating activities $45,000
Answer:
B.40,000 square feet
Explanation:
Calculation to correctly denotes the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated
Employees Human Resources 4,000
Machining 15,000
Assembly 21,000
Number of square feet 40,000
(4,000+15,000+21,000)
Therefore the number of square feet and employees over which the Building Maintenance cost and Human Resources cost would be allocated is 40,000
Answer:
end of January balance in the accounts receivable account should be $65900
Explanation:
given data
accounts receivable = $70,000
customers on account = $18,400
account totaling = $14,300
services to be provided = $6,800
to find out
balance in the accounts receivable account
solution
balance in the accounts receivable account will be find as
Balance of Accounts Receivable = Beginning balance + Revenue from earned services - Collections during the period ........................1
put here value
Balance of Accounts Receivable = 70000 + 14300 - 18400
Balance of Accounts Receivable = $65900
so
end of January balance in the accounts receivable account should be $65900
Answer:
Gross premium = $100
Monthly Net premium = $70
Therefore 70 x 12 x 3 = 2,520
= 20% of 2, 520
2,520/100 x 20/1
GMP (Gross Monthly Premium) = $540
