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Mars2501 [29]
3 years ago
9

Given the following information related to net changes in working capital accounts for the Player Company:

Business
1 answer:
Olegator [25]3 years ago
4 0

Answer:

a. $73,000

Explanation:

Particulars                                                                Amount

Cash Provided by Operating Activities                $100,000

- Depreciation Expenses                                       ($14,200)

+ Increase in Trade accounts receivable (net)     $8,400

- Decrease in Inventories                                      ($16,200)

+ Decrease in Salaries payable (Operating)         $6,000

- Increase in Trade accounts payable                   <u>($11,000)</u>

Net Income                                                              <u>$73,000</u>

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natka813 [3]

Answer:

Pauls' share in partnership=(131000+91000+111000+171000)*0.15%= $75600

Balance in Caitlin’s capital account immediately after Paul’s admission = 131000-(75600-71000)*30%= $129160

6 0
3 years ago
Jason rents rooms in his hotel for an average of $100 per night. The variable cost per rented room is $20. His fixed costs are $
Hatshy [7]

Answer:

Option (a) is correct.

Explanation:

Given that,

Variable cost per rented = $20

Average price charged per night for the room = $100

Fixed cost = $100,000

Target profit = $20,000

Contribution margin per room = Average price - Variable cost

                                  = $100 - $20

                                  = $80

Now, we need to determine the number of rooms rented out by dividing the sum total of fixed cost and target profit by the contribution margin per room.

Therefore, the number of rooms will be rented out is calculated as follows;

= (Fixed cost + Target profit) ÷ Contribution margin per room

= ($100,000 + $20,000) ÷ $80

= $120,000 ÷ $80

= 1,500

5 0
3 years ago
O levantamento de informações detalhadas dos processos é uma atividade que auxilia na
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Name the device that are to measure volume of a liquid

6 0
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A ________ virus changes its own code or periodically rewrites itself to avoid detection.
Ganezh [65]
A polymorphic virus is the answer

6 0
4 years ago
Using the information below for Sundar Company; determine the cost of goods manufactured during the current year:Direct material
Vikentia [17]

Answer:

c. $97,400

Explanation:

The formula to compute the cost of goods manufactured is shown below:

= Direct material used + Direct labor used + Manufacturing Overhead

where,

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= $53,500

Now the value would be

= $19,200 + $24,700 + $53,500

= $97,400

7 0
3 years ago
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