Answer:
c. recognizes that depreciation creates a cash inflow
Explanation:
The formula to compute the operating cash flow is shown below:
Operating cash flow = Earning before interest and taxes + Depreciation - Income tax expense
Since as we can see that after computing the earning before interest and taxes we added back the depreciation expense and deduct the income tax expense so that the proper value could arrive
Hence, option c is correct
Answer:
$24,25
Explanation:
Cost per unit (Variable Costing) = Variable manufacturing costs
= Direct Materials + Direct Labor + Variable Overheads
= $ 9.00+$ 8.50+$ 6.75
= $24,25
Therefore, the total production cost per unit under variable costing if 25,000 units had been produced is $24,25
Answer:
A credit balance of $3 comma 200
Explanation:
When a fee is received in advance for a service yet to be rendered, the revenue for such fee is said to be unearned. The entries required are
;
Debit Cash account
Credit Unearned fees or deferred revenue.
As the service is performed and the revenue is earned,
Debit Unearned fees
Credit Revenue.
Total amount collected in advance as at end of February
= $3,000 + $4,000 + $700
= $7,700 (Cr in Unearned revenue)
Amount of revenue earned as at end of February
= $4,500 (Dr in Unearned revenue)
Balance in in Unearned Revenue at the end of February
=$7,700 - $4,500
= $3,200
Answer:
The answer is put is bankruptcy if there aren't any choices
Answer:
See below.
Explanation:
Assuming an initial outstanding common shares of 100,000
100% stock dividend means that another 100,000 shares have been issued,
Total outstanding shares then are = 100,000+100,000 = 200,000
Earnings per share = Net Income / Total shares
EPS = 1,130,000 / 200,000
EPS = $5.65/share
You can compute this by inputting any number of shares and increasing the total number by a 100%.
Hope that helps.
