Answer: $18
Explanation:
Based on the information,
Sales revenue = $65 × 225 = $14625
Cost of goods sold = (45 × $20) + (1125 × $4) + (225 × $14) + (225 × $9)
= $900 + $4500 + $3150 + $2025
= $10575
Gross profit = Sales revenue - Cost
= $14625 - $10575
= $4050
The gross profit for one chainsaw will be:
= $4050/225
= $18
Here is the answer: Before the iconoclasm of the eighth century occurred, icons were recognized as INTERMEDIARIES BETWEEN WORSHIPPERS AND THEY REPRESENTED HOLY FIGURES. Iconoclasm involves the belief that these holy figures or monuments should be destroyed based on religious beliefs too.
Answer:
correct option is A. Investment in bonds $10,400
Interest receivable 266
Cash $10,666
Explanation:
given data
face value = $10,000
bonds = 8%
mature time = 5 years
solution
we know at At 104
price paid for the bonds = $10,400 in absence of accrued interest
this is because of bond that is purchase between interest date and cash interest for time May 1 to September 1 4 months
and here interest will be for 4 month is
interest = face value × bonds rate × timer
interest = $10000 × 8% × 
interest = $266.67
so total amount paid will be
total amount paid = $10400 + $266.67
total amount paid = $10666.67
as on October 31 interest received here interest receivable will credit of $266
so correct option is A. Investment in bonds $10,400
Interest receivable 266
Cash $10,666
Answer:
1st One I Think I'm Not Too Sure =)
Explanation:
Answer:
a. Net income - Operating
b. Paid cash dividends - Financing
c. Issued common stock - Financing
d. Issued bonds - Financing
e. Redeemed bonds - Financing
f. Sold long-term investments - Investing
g. Purchased treasury stock - Financing
h. Sold equipment - Investing
i. Issued preferred stock - Financing
j. Purchased buildings - Investing
k. Purchased patents - Investing
Explanation
The statement of cash flows is basically made up of three sections: operating, financing and investing activity.
Statement of cash flows, using indirect method is simply a statement that records the cash inflows and outflows after adjusting for non-cash items.
- Operating activities comprise the adjustment of non-cash items that were already added or subtracted from the net income in preparing the income statement in line with accrual accounting. Then, it records the movement in current assets and liabilities.
- The Financing section comprises those activities that are geared towards improving the capital structure of the company like issuance of stocks, cash dividend payment, etc.
- Finally, the Investing activities are those activities involving purchase of equipment or any other assets that would be used in the course of the business to generate revenue.
