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3 years ago

8

Rick Corporation’s Accounts Receivable decreased by $25,000 during the year. What is the adjustment to the cash flow statement w

hen it’s prepared by the indirect method?

1 answer:

viva [34]3 years ago

7 0

The correct answer is "Add the decrease to the net income in operating activities."

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Frozen Delight, Inc. charges an initial franchise fee of $79,300 for the right to operate as a franchisee of Frozen Delight. Of

telo118 [61]

Answer:

Check attached file

Explanation:

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3 years ago

What should you be concerned about if you are<br> going to buy television ads for your business?

vladimir1956 [14]

Answer:

Explained below.

Explanation:

The things I will be concerned about if I am going to buy television ads for my business are given as follows:

* I will choose the right time of the day for the advertisement.

* I will be staying within my budgetary limits as well.

* I will check my ads after it has been posted, just a little component of my ad may be dropping the mark.

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2 years ago

Coastal Bank uses activity-based costing to determine the cost of servicing customers. There are three activity pools: teller tr

rosijanka [135]

Answer:Allocated MOH= $16

Explanation:

Giving the following information:

teller transaction processing ($2.80 per teller transaction)

check processing ($0.25 per canceled check)

ATM transaction processing ($0.20 per ATM transaction).

<u>To allocate overhead, we need to use the following formula:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 2.8*4 + 0.25*12 + 0.2*9

Allocated MOH= $16

4 0

2 years ago

In 1885, first-class postage for a one-ounce letter cost $0.02. The same postage in 2015 costs $0.49. What compounded annual

geniusboy [140]

Answer:

2.49%

Explanation:

The period 't' between 2015 and 1885 is:

$t = 2015 -1885 = 130\ years$

The annual rate 'r' at which the original $0.02 value has been compounded over 130 years to reach a value of $0.49 is determined by:

$0.49 = 0.02*(1+r)^{130}\\r=\sqrt[130]{24.5}-1\\ r=0.0249 = 2.49\%$

The cost of first-class postage has experienced an annual increase of 2.49% over this period.

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2 years ago

Digby currently has $19,743 (000) in cash and management has decided to issue stocks and bonds worth an additional $8,000 (000).

olga2289 [7]

A he earn 10k cuz the fact that he wanted to earn 10k he got it also he wanted the rmergency law

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2 years ago