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3 years ago

Portions of the financial statements for Peach Computer are provided below.

Business

1 answer:

Novay_Z [31]3 years ago

4 0

Answer:

Net cash flows from Operating activities = $139,000

Explanation:

Statement of Cash Flows

Cash-flows from Operating activities

Net income for the year $100,000

Adjustment for non-cash effects

Depreciation expenses $50,000

Decrease in Accounts receivables $4,000

Increase in Inventory -$20,000

Decrease in Prepaid rent $2,000

Increase in Accounts payable $8,000

Decrease in Income tax payable -$5,000 $39,000

Net cash flows from Operating activities $139,000

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Bellucci Corporation has provided the following information: Cost per UnitCost per Period Direct materials$6.70 Direct labor$3.5

Nikolay [14]

Answer:

The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units is closest to $11.40

Explanation:

It is important to note that the question requires The incremental manufacturing cost that the company will incur if it increases production from 10,500 to 10,501 units

From Production of 10500 units to 10501 units, there is an increment of 1 unit.

Lets find the incremental cost of 1 unit.

1.To do this we only consider variable manufacturing costs only.

2.Since increase is within the relevant range, the fixed manufacturing overheads do not change.

3.Also Ignore all non- manufacturing overhead as they do not form part of manufacturing costs.

Extra 1 Unit

Direct materials $6.70

Direct labor $3.50

Variable manufacturing overhead $1.20

Total Cost $11.40

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3 years ago

As the aggregate price level in an economy rises, ____________________. interest rates increase consumer demand increases export

snow_tiger [21]

As the aggregate price level in an economy rises, A. interest rate increase.

<h3>What is interest?</h3>

It should be noted that the interest rate simply means the rate that's put on the money that's collected by an entity.

In this case, when there's an increase in the aggregate price level in an economy rises, the interest rate increase as well.

Learn more about interest on:

brainly.com/question/2294792

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2 years ago

The demand for emeralds tends to be very elastic. This is because emeralds are more of a _____________. It also means that a 33%

Natalka [10]

Answer:

C) luxury item, an increase

Explanation:

Price elasticity of demand measures the responsiveness of quantity demanded to changes in price.

An elastic demand means a small change in price leads to a greater change in quantity demanded.

A luxury good is a good that isn't a necessity. They are usually bought as a status symbol.

Luxury goods usually have elastic demands.

Emeralds are luxury goods and if there's a fall in price of emeralds the quantity demanded of emeralds would rise.

I hope my answer helps you

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2 years ago

Most businesses periodically remove bad accounts from their books true or false

Mashutka [201]

Answer: false

Most businesses remove or write off bad accounts but not periodically. By periodically means, it occurs at regular times which bad accounts are not. Accounts are considered bad accounts if they remained uncollectible after many months.

The entry to write off consists of 1) a credit to Accounts Receivable to remove it, and 2) a debit to Bad Debts Expense to report it.

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3 years ago

6 factors of production pasta

noname [10]

The four categories of factors of production are land, labor, capital and entrepreneurship. So, things that fall into these four categories that involve the production of pasta include the factory, the skills of the workers, the machines used to produce it, the ingredients used to produce it and the entrepreneurship and investment of the business owner.

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3 years ago