What companies are affected badly by corona?

] Bear Co. prepares its statement of cash flows using the indirect method. Bear sold equipment with a carrying value of $500,000

Svetlanka [38]

Answer:

The transaction in the operating and investing activities sections of its statement of cash flows is a loss of $400,000 and the sale of equipment $400,000

Explanation:

Operating Activity: It includes all those activities which are related to the changes in the working capital that mean increase or decrease in currents assets and current liabilities. Moreover, it also includes loss/ gain on sale of fixed assets and depreciation, etc.

Investing activity: It records those transactions which include sale and purchase of fixed assets.

So, by going through the meaning of operating activity and investing activity we get to know that the operating activity record a loss of $100,000 which comes from Carrying value - sales value which is added to the net income.

And, the investing records sale price of equipment which is $400,000

Hence, the transaction in the operating and investing activities sections of its statement of cash flows is a loss of $400,000 and the sale of equipment $400,000

6 0

4 years ago

Read 2 more answers

Decaprio Inc. produces and sells a single product. The company has provided its contribution format income statement for June. S

77julia77 [94]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Sales (8,800 units) $ 528,000

Variable expenses 290,400

Contribution margin 237,600

Fixed expenses 211,700

Net operating income $ 25,900

First, we need to determine the selling price and unitary variable cost:

Selling price= 528,000/8,800= $60

Unitary variable cost= 290,400/8,800= $33

Sales in units= 9,200

Sales= 9,200*60= 552,000

Variable cost= 9,200*33= (303,600)

Contribution margin= 248,400

Fixed costs= (211,700)

Net operatin income= 36,700

6 0

3 years ago

Read 2 more answers

A manager of Paris manufacturing which produces computer hard drives, is planning to lease a new automated inspection system. Th

3241004551 [841]

Answer:

Paris Manufacturing

1. Based on cost considerations, the new inspection system should not be leased.

2. Based on cost considerations, the manufacturer should accept the NEW-SPEC offer.

Explanation:

a) Data and Calculations:

Annual demand for computer hard drives = 8,000 units

Current manual inspection system:

annual fixed cost = $35,000

Inspection variable cost per unit = $15 per unit.

Total cost for manual inspection system:

Variable costs $120,000 (8,000 * $15)

Fixed costs 35,000

Total costs $155,000

New automated inspection system:

Annual fixed cost = $165,000

Inspection variable cost per unit = $0.55 per unit

Total cost for automated inspection system:

Variable costs $4,400 (8,000 * $0.55)

Fixed costs 165,000

Total costs $169,400

Total cost with NEW-SPEC:

Variable costs $152,000 (8,000 * $19)

b) The improved efficiency will surely outrun the cost of the new automated inspection system. Therefore, I recommend that Paris should go ahead with the new system, despite the costs. Accepting the offer from NEW-SPEC provides the best financial efficiency. However, in the long-run, purchasing the automated inspection system might prove to be the best decision.

7 0

3 years ago

You are working on a brochure about your business. The type for the body text will be black and that for the section headings wi

OlgaM077 [116]

Answer:

The correct answer is Contrast and repetition.

Explanation:

Contrast: it has to do with sensory stimuli that allow highlighting elements or areas in a composition through the opposition or difference between them, that is, in a graphic design, a contrast is generated when there is a notable difference between two elements.

Repeat: the repetition is nothing more than identical identical forms that appear more than once in the design, that is to say, it would be a question of using the same element several times and distributed throughout the composition.

It is very important to resort to repetition especially when we are designing a graphic product that consists of several pages (catalog, magazine, etc.).

The repetition gives unity to the whole design, consistency and cohesion. Sometimes even on single page products, such as a diptych or triptych, it gives the feeling of continuity and that everything is "well tied". However, it should not be exceeded in its use. Repeating one or two graphic patterns is fine, but after three it would not be correct.

8 0

3 years ago

Amherst Metal Works produces two types of metal lamps. Amherst manufactures 20,000 basic lamps and 5,000 designer lamps. Its sim

Ostrovityanka [42]

Answer:

Total Budgeted Costs = $ 450,000

Total Costs 515,000

Explanation:

Manufacturing Overhead Budgeted 234,000

Budgeted manufacturing labor hours 13,000

Budgeted MOH rate per manufacturing labor-hour = 234,000/13,000= $ 18

Basic lamps 20,000 units

Total Budgeted Costs = 18*20,000= 360,000

Unit Costs Total Costs

Direct materials 9.00 180,000

Direct manufacturing labor 10.00 200,000

Total Per unit 19.00 380,000

Total direct costs 180,000

Indirect costs allocated 200,000

Total costs $ 380,000

Designer lamps 5,000 units

Total Budgeted Costs = 18*5,000= 90,000

Unit Costs Total Costs

Direct materials 15.00 75,000

Direct manufacturing labor 12.00 60,000

Total Per unit 27.00 135,000

Total direct costs 75,000

Indirect costs allocated 60,000

Total costs $ 135,000

Basic Designer Total

Total Direct Materials 180,000 75000 255,000

Direct Labor 200,000 60,000 260,000

Total Budgeted Costs = 360,000+ 90,000= $ 450,000

Total Costs =255,000+ 260,000= $ 515,000

5 0

3 years ago