Answer:
The correct answer to this question is D) where it adds all the non cash entries related to a firm's operating activities.
Explanation:
A cash flow statement is a financial statement which shows how cash and cash equivalent are affected by change in the balance sheet accounts and income statements accounts, and cash flow shows this affect on cash and equivalent by breaking down the cash flow statement analysis in to operating , investing and financing activities.
The way in which operating activity now helps in adjusting the net income from balance sheet is by adding all the non cash entries, which are related to company's operating activities.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
Marvel Company uses a predetermined overhead rate in applying overhead to production orders on a labor-cost basis in Department A and on a machine-hours basis in Department B.
Dept. A
Factory overhead $ 71,250
Direct labor-hours 8,100
Dept. B
Factory overhead $46,055
Machine-hours 15,100
Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base=
Dept A:
Estimated manufacturing overhead rate= 71250/8100= $8.80 per direct labor hour
Dept B:
Estimated manufacturing overhead rate= 46055/15100= $3.05 per direct machine hour
Answer:
A. $146,200
Explanation:
Collection from October sales (60% of October sales) [14300 x 60%]$ 85,800.00
Collection from November sales (40% of November sales) [151000 x 40%] $
60,400.00
Total collection in November $ 146,200.00
Therefore The total amount of cash expected to be received from customers in November is: $ 146,200.00
Answer:
Holding Period return is 6.25%
Explanation:
The return received on the asset in the period in which it is held is called holding period return. It included the interest / dividend received and change in the initial price and current price.
According to given data
Initial Price of stock = $48
Expected Value in coming year = $46
Expected Dividend = $5
Formula for Holding Period Return
HPR = [ Income + [ ( Expected value - Initial Value ) ] / initial value
HPR = [ Expected Dividend + [ ( Expected value - Initial Value ) ] / initial value
HPR = [ $5 + ( $46 - $48 ) ] / $48
HPR = [ $5 - $2 ] / $48
HPR = $3 / $48
HPR = 0.0625 = 6.25%
