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Flura [38]
3 years ago
15

Selected transactions for the Hamilton Company are listed below.1. Collected accounts receivable.2. Declared and paid dividends

on common stock.3. Sold long-term investments for cash.4. Issued stock for equipment.5. Repaid five year note payable.6. Paid employee wages.7. Converted bonds payable to common stock.8. Acquired long-term investment with cash.9. Sold buildings and equipment for cash.10. Sold merchandise to customers.Instructions
Classify each transaction as either (a) an operating activity, (b) an investing activity, (c) a financing activity, or (d) a noncash investing and financing activity.
Business
1 answer:
Allisa [31]3 years ago
5 0

Answer:

1. Collected accounts receivable =  (a) an operating activity

2. Declared and paid dividends on common stock = (c) a financing activity

3. Sold long-term investments for cash = (b) an investing activity

4. Issued stock for equipment = (d) a noncash investing and financing activity

5. Repaid five year note payable = (c) a financing activity

6. Paid employee wages = (a) an operating activity

7. Converted bonds payable to common stock = (d) a noncash investing and financing activity.

8. Acquired long-term investment with cash = (b) an investing activity

9. Sold buildings and equipment for cash = (b) an investing activity

10. Sold merchandise to customers = (a) an operating activity

Explanation:

The Operating Activities include those activities that occurs within the course of business.

The Investing Activities include any cash movement in capital expenditure items.

The Financing Activities included activities that involve sourcing of funds and changes in ownership activities.

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Which of the following policies restrict employees from being in a position to manipulate security configurations by limiting th
Yuri [45]

The following policy that prevents employees from being able to tamper with security settings by limiting the time they spend checking those settings is about is <u>Job Rotation,</u> this limits the amount of time that people can tamper with security settings

<h3>What is job rotation?</h3>

It is the process in which a worker leaves his position and this must be replaced by another. In other words, any exit or entry of a collaborator in the company generates a rotation movement. There are even different types of job rotation:

  • Involuntary
  • Volunteer
  • Desirable
  • Undesirable

For more about Job rotation here brainly.com/question/29833716

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7 0
1 year ago
Channel members can help producers by identifying customer complaints, customer preferences, and new competitors in the market.
butalik [34]

Answer:

communication

Explanation:

communication function of channel intermediaries.

Channel intermediaries are responsible for making sure that the product is available at the appropriate quantities, at the right time and place for end user consumption. They also serve as a means of communication between the consumer and producer concerning such issues as product quality.

5 0
2 years ago
It takes 12 units of resources to produce 100 pounds of silk. It takes 13 units to produce 115 pounds of silk and 15 units to pr
stealth61 [152]

Because the additional output is produced with an increasing input in the production signals an example of <u>diminishing returns</u> to specialization.

<h3>What is a diminishing returns?</h3>

A diminishing returns to specialization is known to occurs if more units of resources are required to produce each additional unit.

In conclusion, the additional output which is produced with an increasing input in the production is an example of <u>diminishing returns</u> to specialization.

Read more about diminishing returns

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5 0
2 years ago
Going to college is an expensive proposition. Determine whether the following costs of attending college are implicit or explici
ad-work [718]

Answer:

1. Time spent away from family is an implicit cost.

2. Transportation is an explicit cost

3. Forfeited working experience is an implicit cost

4. Books and materials is an explicit cost

5. Forgone earnings are an implicit cost

Explanation:

A college is an educational institution that provides opportunities for higher learning and specialized professional training. A decision to go to college should be conscious one that takes into consideration all the important aspects. The most important consideration is the cost of education, since attending college is usually an expensive proposition. One needs to consider the different costs that they will meet, whether implicitly or explicitly. Lets us consider the following implicit and explicit costs as shown;

1. Implicit cost: an implicit cost is a cost incurred without necessarily spending money. They are more of an opportunity cost that is calculated from the alternatives undertakings that one has sacrificed. An implicit cost is not an accounting cost but an economical cost that tends to consider options that are not actual expenditures. They are; time spent from family, forfeited working experience and forgone earnings. These are actually items that one sacrifices when he/she decides to go to college. Time spent from family is an implicit cost since one will spend most of his or her time in college. Attending college also means that one wont be able to go for a job and get some working experience while earning, therefor this is also an implicit cost. Explicit cost are determined by estimating the value of the activity sacrificed.

2. Explicit costs: an explicit cost is a type of accounting cost that needs one to actually spend money. It is an out of pocket cost where one has to use money to purchase a good or service. Examples are Books and materials. College students are often required to purchase specific books and materials for study. Transportation is also a cost that requires one to spend on bus fare or even cab fare to and from college. These are costs that require one to actually use money.

8 0
3 years ago
Ramona Company has the following labor-related data.Standard labor hours for output: 15,000 hoursStandard labor rate: $10 per ho
Alik [6]

Answer:

E. $25,000 unfavorable

Explanation:

The labor efficiency variance shall be calculated using the following formulas:

Labor efficiency variance=((Standard labor hours used to make the actual production )- (Actual labor hours used to make the actual production))* standard rate per hour

Standard labor hours used to make the actual production=15,000

Actual labor hours used to make the actual production=17,500

standard rate per hour=$10 per hour

Labour efficiency variance=(15,000-17,500)*10

                                           =25,000 unfavourable

So based on the above discussion, the answer shall be E. $25,000 unfavorable

8 0
3 years ago
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