Answer:
Tiger Trade
Cash Flow Statement
Cash flows from operating activities:
- Cash received from sale of products to customers $35,000
- Cash received for sale of services to customers $25,000
- Cash paid to merchandise suppliers ($11,000)
- Cash paid to workers ($23,000)
- Cash paid for advertisement ($3,000)
<u>Total cash flow from operating activities $23,000</u>
Cash flows from investing activities:
- Cash received from the bank for long-term loan $40,000
- Cash paid to purchase factory equipment ($45,000)
- Cash received from the sale of an unused warehouse $12,000
<u>Total cash flow from investing activities $7,000</u>
Cash flows from financing activities:
- Cash paid for dividends to stockholders ($5,000)
<u>Total cash flow from financing activities ($5,000)</u>
Net cash increase $25,000
Cash balance at the beginning of the period $4,000
<u>Cash balance at the end of the period $29,000</u>
Answer:
The answer is: PEST Analysis
Explanation:
PEST (Political, Economic, Social, and Technological) Analysis are carried out to determine:
- Political changes such as trade agreements between countries or new trade barriers (current US-China trade dispute)
- Economic factors such as interest rates, exchange rates, inflation rate, and consumer confidence
- Social factors such as population shifts, changing attitudes and lifestyles
- Technological factors such as scientific advances, new materials, R & D, new technologies (internet)
Answer:
Estimated manufacturing overhead rate= $160 per direct labor hour
Explanation:
Giving the following information:
Estimated overhead= $640,000
Estimated direct labor hours= 4,000
To calculate the estimated manufacturing overhead rate we need to use the following formula:
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Estimated manufacturing overhead rate= 640,000/4,000
Estimated manufacturing overhead rate= $160 per direct labor hour
Answer:
Net income: Understated
Total assets: Understated
Total liabilities: No effect
Total stockholders' equity: No Impact
Explanation:
Net income will be understated, because, revenue was not accrued.
Total assets will also be understated, because accrued revenue is not recorded in the current assets, thus total assets will be lowered in total.
The law of diminishing returns states that, ceteris paribus, the rate of profit from an investment will continue to diminish as more capital ins invested into that product.
<h3>What is Ceteris Paribus?</h3>
Ceteris Paribus is a Latin phrase often quoted in economics that means "all things being equal". It is used to connote the fact that in the consideration of a law, sometimes it is assumed that all other factors are given or at play.
It is to be noted that the Law of Diminishing Returns is also applicable to Labor, Utility and Marginal Returns.
Learn more about the Law of Diminishing Returns at;
brainly.com/question/19070161
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