All categories

3 years ago

The following information is available for Sheridan Company:

Business

1 answer:

Mama L [17]3 years ago

3 0

Answer:

The answer is $250,000

Explanation:

NOTE: The answer to the question is not among the options.

Contribution margin in Cost-Volume-Profit (CVP) is sales minus variable cost.

Sales - $670,000

Total variable expenses $420,000

Therefore in CVP income statement, contribution margin is:

$670,000 - $420,000

= $250,000.

Gross profit is can never be calculated in CVP income statement

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The statement of cash flows classifies all cash inflows and outflows into one of the three categories:

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Answer:

1. Noncash investing and financing activities

2. A. Operating activities,

3. A. Operating activities,

4. C. Financing activities.

5. B. Investing activities,

6. C. Financing activities.

7. B. Investing activities,

8. B. Investing activities,

9. B. Investing activities,

10. C. Financing activities

Explanation:

All cash flows forthe operation of the company relates to the Cash flows from operating activites.

All the cashflows corresponding to the fixed asset are reffered as Cash flows from investing activites.

All the cash flows made for the funding of the company are known as Cash flows from Financing activites

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4 years ago

Suppose two countries, Country A and Country B, have a similar real GDP per capita. Country A has an average economic growth r

kondaur [170]

Answer:

Country B’s living standards will increase much more rapidly in the long run.

Explanation:

An "economic growth rate" is the rate change in the estimation of the various services and the goods produced at a given time in a country during a particular timeframe when contrasted with a previous period. The monetary development rate is used to gauge the near wellbeing of an economy after some time. The numbers are typically gathered and announced quarterly and annually. The financial development rate is followed after some time as a marker of the general heading of a country's economy.

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4 years ago

4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.

aniked [119]

The answer is house hold

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3 years ago

What information should a public company present about revenues from foreign operations?

nevsk [136]

Answer:

Disclose unaffiliated customers sales and also the intra-company sales between geographical areas.

Explanation:

Public companies are required to disclose the amount of sales to unaffiliated customers by geographical region. At the same time, they must also disclose the intra-company sales between geographical areas. It is to be noted that the above said requirements are to be reported separately.

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3 years ago

The unemployment rate in the United States is usually ________ than the unemployment rates in most other high-income countries

bogdanovich [222]

Answer:

The answers are:

lower
more stringent

Explanation:

In order for an individual to be considered unemployed, the individual must be over 18 years old, be currently out of job, but actively seeking a new job.

The current unemployment rate in the US is 3.7% (as of August 2019) while the unemployment rate in the EU is 6.2%.

In order for an individual to collect unemployment benefits, usually he or she must meet the following requisites:

They must be out of work through no fault of their own.
They must meet minimum earnings or job tenure requirements.
They must be able, available, and actively seeking work.

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3 years ago