Answer:
The answer is ($174,000)
Explanation:
Cash flows from financing activities show the inflow and outflow of cash that are used to fund the business's operations.
Cash flow from financing activities:
Issuance of common stock......................................$79,000
Payment of dividend........($13,000)
Settlement of notes payable.................................($125,000)
Payment for treasury stock.........…...........................................($115,000)
Net cash from financing activities...............................($174,000)
Answer:
The statement is false
Explanation:
Non- essential expense is the expense which is spent on the extra things, which means it is not essential to meet the needs. Whereas the essential expense are those expenses which are spend on consuming the things required for living. For example food, cloth.
So, both the expenses are those expense which are necessary for an individual or person and therefore, cannot be reduced in order to produce the more savings.
Answer:
Variable cost per hour= $4.825
Explanation:
Giving the following information:
Wallace determines that the high and low costs are $25,830 and $18,414, respectively, and the values for the cost driver are 3,495 and 1,958 hours, respectively.
<u>To calculate the unitary variable cost under the high-low method, we need to use the following formula:</u>
<u />
Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)
Variable cost per unit= (25,830 - 18,414) / (3,495 - 1,958)
Variable cost per unit= $4.825
As the president of the company, at a time when the prices are said to be rising, what is would do is to choose the Weighted average cost.
<h3>Why I would have to choose the Weighted average cost</h3>
This due to the fact that it is going to be more satisfactory to have the lower Bonus bill.
The year end bonus is an amount that is calculated from all of the net income from the year.
A lower net income is only going going to help to bring about a smaller bonus bill.
At a time when the prices are falling, the FIFO is what would be the best choice. It gives a smaller ending cost of inventory since the ending prices are going to be at their lowest.
Read more on FIFO here: brainly.com/question/12883706
The right answer is hinterland
