1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lostsunrise [7]
3 years ago
12

Below are trends in operating cash flows for three companies. based on an analysis of operating risk, which company's management

is likely motivated to have the largest ratio of cash to noncash company 1 company 2 company 3 assets?
Business
1 answer:
Tems11 [23]3 years ago
5 0
La empresa número 2 en efectivo 
You might be interested in
When an existing contract is replaced with an entirely new contract , it is called
Masja [62]

Answer:

novation

Explanation:

3 0
2 years ago
Kier Company issued $660,000 in bonds on January 1, Year 1. The bonds were issued at face value and carried a 5-year term to mat
yuradex [85]

Answer:

Interest Expense $39,600

Cash Flow from Operating Activities $39,600

Explanation:

Payment of Interest Expense is the cash expense paid during the year which is deducted from the operating profit in the calculation of net income which is used to determine the cash flow from operating activities.

Interest on the Bond = $660,000 x 6% = $39,600

At the time of payment Journal Entry will be as follow

Dr. Interest Expense   $39,600

Cr. Cash                       $39,600

As the cash is paid against the operating activities.

3 0
3 years ago
For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished uni
Lorico [155]

Answer:

Total cost= $350,400

Explanation:

Giving the following information:

For Gundy Company, units to be produced are 5,280 in quarter 1 and 6,400 in quarter 2. It takes 2.0 hours to make a finished unit, and the expected hourly wage rate is $15 per hour.

Quarter 1:

Direct labor cost= 5,280*2= 10,560 hours

Quarter 2:

Direct labor cost= 6,400*2= 12,800 hours

Total cost= (10,560 + 12,800)*15= $350,400

7 0
3 years ago
One of the accounting records maintained by Visors Inc. lists the number of regular work hours worked by its employees, the over
Iteru [2.4K]

Answer:

B. Payroll record

Explanation:

Payroll record is a record in an organization showing the list of employees in that organization along with payments due to every employee in the organization for a specific pay period. It shows the number of hours worked, average pay rates, and deductions for each employee present in the organization. From the description detailed in the question, the record described is most likely a payroll record. In summary, it's a documentation showing under what criteria are the employees of an organization paid.

5 0
3 years ago
Which business is exempt from using the accrual basis for accounting? A clothing manufacturer that has average gross annual rece
AnnZ [28]

Answer:

A home improvement store that just began business last year and had $2.7 million in gross receipts.

Explanation:

The IRS allows only a limited number of businesses to use cash basis accounting and in order to do so, the business must be:

  1. Partnership or C corporation with less than $5 million in total sales revenue per year
  2. Sole proprietorship or S corporation with less than $1 million in total sales revenue
  3. Cannot be a publicly traded corporation
  4. Personal service businesses with more than 95% of revenue specifically related to services.
  5. Family owned farms with total annual sales revenue less than $25 million.
3 0
3 years ago
Other questions:
  • Simon Company's year-end balance sheets follow. At December 31 Current Yr 1 Yr Ago 2 Yrs Ago Assets Cash $ 33,817 $ 40,739 $ 42,
    8·1 answer
  • Warehouses have many functions. One of them is to:a. Reduce the response time on a customer's order.b. Reduce the inventory carr
    12·1 answer
  • The production of methamphetamine (meth) is a social problem in the Midwest. Iowa is considering two potential programs: Operati
    7·2 answers
  • Consider each person's situation to determine who would be counted among the "unemployed."Laura works 20 hours in a paid positio
    5·1 answer
  • In business buying price is very important because of
    8·2 answers
  • Stark Company's most recent balance sheet reported total assets of $1.82 million, total liabilities of $0.84 million, and total
    5·1 answer
  • Rostad Corporation applies manufacturing overhead to products on the basis of standard machine-hours. Budgeted and actual overhe
    8·1 answer
  • Please subscribe to my mom channel please<br><br>I need 100 subscribe​
    10·1 answer
  • Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per
    9·1 answer
  • An economy has a monetary base of 1,000 $1 bills. calculate the money supply in scenarios a - d. then answer part e.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!