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3 years ago

For the years ending December 31, 2011 and 2012

Business

1 answer:

pantera1 [17]3 years ago

6 0

Answer:

Jefferson Inc.

Cash flows from operating activities

Net income $2,080

Adjustments to reconcile net income to net cash

flow from the operating activities

Depreciation expenses $370

Decrease in accounts receivable $700

(3700-3000)

Increase in inventory -$1800

(8,400-10,200)

Decrease in account payable -$200

(800-1000)

Increase in accruals $100 -$830

(700-600)

Net cash flow from operating activities $1,250

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During 2018, Raines Umbrella Corp. had sales of $750,000. Cost of goods sold, administrative and selling expenses, and depreciat

lilavasa [31]

Answer:

New Long term debt = $8000

Explanation:

The computation of the net new long term debt is given below:

Sales $750000

Less: Expenses:

COGS -$540,000

Selling expenses -$85,000

Depreciation -$190,000

Interest- $65,000

Total Expenses -$880,000

Net Loss -$130,000

Add: Non- cash expense ie. Depreciation +$190,000

Net Cash flow $60,000

Less: Cash Dividend declared -$68,000

New Long term debt = $8000

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4 years ago

Which of the following line items would appear on the income statement of a company that uses the periodic inventory system, bu

irga5000 [103]

Answer:

C) Cost of Goods Available for Sale

Explanation:

Cos of goods available for sale appears in income statement made under periodic Inventory system but it does not in the income statement made under perpetual inventory system. In per periodic system COGS is calculated by adjusting purchases, allowances for purchases, freight and all other cost to cost of goods available for sale. By deducting closing inventory we calculate the COGS. On other hand in perpetual system purchases are added in the opening and purchase return and closing inventory deducted to reach at COGS.

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4 years ago

Paper Exchange has 80 million shares of common stock outstanding, 60 million shares of preferred stock outstanding, and 50 thous

Dmitriy789 [7]

Answer:

26.64%

Explanation:

Common stocks outstanding (C) = 80 million

Preffered stock outstanding (P) = 60 million

Number of bonds (B) = 50,000

Cost of common stock (Cc) = $20 per share

Cost of Preffered stock (Cp) = $10 per share

Cost of bond (Cb) = 105% of par

Weight of preferred stock :

(P * Cp) / [(P*Cp) + (C*Cc) + (B * Cb * par value)]

(60mill * $10) / [(60mill * $10) + (80mill * $20) + (50000 * 1.05 * 1000)]

600mill / (600 mill + 1600mill + 52.5mill)

600,000,000 / 2252500000

= 0.2663706

= 26.64%

7 0

4 years ago

Help quick please??

Sedbober [7]

D. They can cause employees to lose their jobs unfairly.

4 0

3 years ago

Read 2 more answers

If Sue has a contribution margin per unit of $5, which of the following unit price and unit variable costs would apply

Mumz [18]

Answer:

The correct answer is D. Unit Price of US$10, Variable unit costs of US$5.

Explanation:

1. Let's remember the definition of contribution margin.

The contribution margin of any company is the difference between sales volume and variable costs. Or to put it other words: the contribution margin is the benefits of a company, regardless of fixed costs.

Fixed costs are costs that don't vary with the volume of production. Some examples are rent, some insurances and salaries. Variable costs, on the other hand, are those that change with a variation in the volume of production.

Contribution margin = Sales - Variable costs

2. Let's find out the unit price and the variable costs, if the contribution margin of Sue is US$ 5 per unit:

Option A: Price per unit = US$ 5 and Variable costs = US$ 10.

So, the contribution margin is 5 - 10 = - 5. These values don't apply to Sue's business.

Option B: Price per unit = US$ 10 and Variable costs = US$ 10.

So, the contribution margin is 10 - 10 = 0. These values don't apply to Sue's business.

Option C: Price per unit = US$ 20 and Variable costs = US$ 10.

So, the contribution margin is 20 - 10 = 10. These values don't apply to Sue's business.

Option D: Price per unit = US$ 10 and Variable costs = US$ 5.

So, the contribution margin is 10 - 5 = 5. These values apply to Sue's business.

4 0

3 years ago