Answer:
In preparing a statement of cash flows under the indirect method, an increase in accounts payable would be reported or included as a(n):
source of cash.
Explanation:
Accounts payable are liabilities owed to suppliers for goods or services. They are listed on the balance sheet under current liabilities and on the cash flow statement under operating activities. When preparing the statement of cash flows, an increase in accounts payable is regarded as a source of cash while a decrease is regarded as a use of cash.
Answer:
False.
Explanation:
GANTT refers to a chart that was developed by Henry L. Gantt, who was an american engineer and a social scientist, and is thus named after him. This chart is used to describe and illustrate various scheduled activities and the duration that each activity might take to complete. There is no full form for this word "GANTT". Therefore, the statement is false.
Yes ma’am what can I do for you
Answer:
$48
Explanation:
Calculation to determine the minimum transfer price that the Heating Division should accept
Using this formula
Min. transfer price=[VC/unit + (Lost USP - VC/unit)
Let plug in the formula
Min. transfer price=$22 + ($48 - $22)
Min. transfer price=$22+$26
Min. transfer price= $48
Therefore the minimum transfer price that the Heating Division should accept is $48
Answer:
The expected return on this stock is 7.3%
Explanation:
Using the expectations model, we can calculate the expected return on the stock based on the return on stock in different scenarios/states and the probability of those states.
The expected return on the stock is,
Expected r = rA * pA + rB * pB + rC * pC
Where,
- r represents the returns in each state
- p represents the probability of each state
Expected r = 0.12 * 0.15 + 0.08 * 0.75 + (-0.05 * 0.1)
Expected r = 0.073 or 7.3%
