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Rom4ik [11]
2 years ago
9

The 2017 balance sheet of DG Inc. showed LT debt of $2.0 million, the 2018 balance sheet showed LT debt of $2.3 million. The 201

8 income statement showed interest expense of $200,000. What did the firm’s financing section of the cashflow statement show during 2018?
Business
1 answer:
nexus9112 [7]2 years ago
7 0

Answer: idk

Explanation:

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I'm always cramming to hand in an assignment or take an exam what can I do better?
denis23 [38]
Make a study schedule! organize all your notes and materials .flashcards work or find a study buddy who needs someone to push them to focus on the task as well.
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audimemo, lastpass, dragon diction,freedom,pomodroido

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hope I helped - beanz

7 0
3 years ago
On January 15, Year 5, Rico Co. declared its annual cash dividend on common stock for the year ended January 31, Year 5. The div
11Alexandr11 [23.1K]

Answer:

January 15, Year 5.

Explanation:

The Rico should decrease retained earnings by the amount of the dividend is declaration date.

The declaration date refers to date the board of directors of a company makes a formal announcement of when the next dividend will be paid. The declaration is therefore also referred to as the announcement date.

On the declaration date, liability account known as dividend payable account is created and credited, while the retained earnings is debited or reduced by the amount of the dividend.

From the question, January 15, Year 5 is the announcement date and it is therefore the date Rico should decrease retained earnings by the amount of the dividend.

3 0
3 years ago
Libra Electronics has invented a new technology to make laptops that are extremely lightweight and unbreakable. The company is a
Solnce55 [7]

Answer: Razor and blade strategy

Explanation:

The Razor Blade Model is a model that is used by companies to deeply discount or give away a core product hoping that the consumers will buy the more expensive and complementary dependent products.

The razor and blades business model is a model whereby one item is sold at a cheaper price or sometimes given for free so as to increase the sales of its complementary good. For example, ink catridges are required for inkjet printers and software and accessories are used for game consoles. So, selling ink catridges at a low rate can lead to more sales for inkjet printers.

7 0
3 years ago
Maria Alverez has received a paycheck for $250, which she wishes to cash at her bank. She will need to use a blank endorsement o
nlexa [21]

She would need an Address an   Social Security number (or ITIN)  with a

Valid ID

8 0
3 years ago
7. Gold Company has budgeted the following costs for the production of its only product: Direct Materials $75,000 Direct Labor 5
STatiana [176]

Answer:

$68 = unitary variable cost

Explanation:

Giving the following formula:

Gold Company wants a profit of $100,000

Production= 2,500 units

Selling price= $125

Fixed indirect production costs 27,500

Fixed selling and administrative costs 15,000

<u>To calculate the target total unitary variable cost, we need to use the following formula:</u>

number of units sold= (desired profit + fixed costs) / (selling price - unitary variable cost)

2,500= (100,000 + 27,500 + 15,000) / (125 - unitary variable cost)

312,500 - 2,500unitary variable cost = 142,500

170,000 = 2,500unitary variable cost

$68=unitary variable cost

3 0
3 years ago
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