All categories

3 years ago

Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals

Business

1 answer:

dangina [55]3 years ago

4 0

Answer:

Net cash used in investing activities = ($55,500)

Explanation:

Cash flows from Investing activities

Transaction Amount

Cash used for purchase of mining equipment -$68,000

Cash provided from sale of equipment +$22,000

purchased in c. above

Purchase of company vehicle. -$9,500

Net cash used in investing activities -$55,500

You might be interested in

The unit of product is the cost object when the plantwide overhead rate method is used.

Marina CMI [18]

The plantwide overhead rate method means using overhead rate to allocate costs to products and includes indirect costs (overhead cost) to cost allocation base (single plantwide overhead rate) to cost objects (products 1-3).
The statement that the unit of product is the cost object when the plantwide overhead rate method is used is true.

3 0

2 years ago

What functions would it be most important for a project management software program to have?

Mariana [72]

Answer:

Explanation:

Question

Rocks around mid-oean risend automatic updates to the project teamhow earthquakes happen

create calendars and schedules, manage project budgets, an

create calendars and schedules, manage project budgets, and enable file sharing

create images for storyboarding, collect project images, and enable file sharing

create to-do lists, manage schedules, and send automatic updates to the project teamd enable file sharing

create images for storyboarding, collect project images, and enable file sharing

create to-do lists, manage schedules, and send automatic updates to the project team

C. changes in the earth's crust

create calendars and schedules, manage project budgets, and enable file sharing

create images for storyboarding, collect project images, and enable file sharing

create to-do lists, manage schedules, and send automatic updates to the project team

5 0

2 years ago

According to Mikey, the founder, Holden Outerwear does not manufacture its garments in the United States because of the: aplicat

wolverine [178]

Answer:

Explanation:

The complete question is mentioned in attachment. According to 2nd line and 2nd last line, option d is the ocrrect answer.

3 0

3 years ago

Net sales$688,500 $450,000 Cost of goods sold 337,364 133,200 Determine the 2016 and 2017 trend percents for net sales using 201

alisha [4.7K]

Answer:

Trend- % change in sales = 34.64%

Explanation:

Trend analysis entails determining the performance of a business over time by comparing its performance data from one period to another. The aim of trend analysis is to identify the behavior of a set of ratios over a period of time by comparing them across different years.

To determine the trend for a particular data, we use the formula below

% Change in variable =

(Current year figure - Previous year figure)/Previous year figure × 100

DATA

Current year figure for sales (2017) - 450,000

Previous year figure for sale (2016) - 688,500

% change in sales = (450,000 -688,500)/688,500 × 100 = 34.64%

% change in sales = 34.64%

This implies that the company made sales in 2017 which is 34.64% less than that made in 2016

5 0

2 years ago

Suppose that Portugal and Austria both produce beer and cheese. Portugal's opportunity cost of producing a pound of cheese is 3

Maksim231197 [3]

Answer:

Portugal and Austria

Comparative Advantage in the Production of Beer and Cheese:

1a. Portugal

b. Austria

2. a. 3 barrels and

b. 0.09 or 1/11 pounds

3. A. 4 barrels of beer per pound of cheese

Explanation:

a) Data and Calculations:

Portugal's opportunity cost of producing a pound of cheese = 3 barrels of beer

Austria's opportunity cost of producing a pound of cheese = 11 barrels of beer

Price of trade (cheese in terms of beer) = 11/3 = 3.667 = 4

b) Portugal's comparative advantage over the production of cheese is her economy's ability to produce cheese at a lower opportunity cost than Austria. This comparative advantage gives Portugal the ability to sell cheese at a lower price than Austria and realize a more favorable balance of trade.

7 0

3 years ago