an increase in service jobs accompanied by a decrease in manufacturing jobs
A dual banking system refers to the U.S in which banks supervised by the federal government and banks operated by the states are operated side by side. <span />
Answer:
Net Cash outflow from investing activities = $28 million
Explanation:
Investing activities are the activities in nature to acquire/sell assets, which will generate future economic benefits, and income thereof from such assets.
Out of the above provided information, following are investing activities
- Cash paid to acquire a patent $48
- Proceeds from sale of land and buildings $75
- Investment revenue received $15
- Cash paid to acquire office equipment $70
Net Cash outflow from investing activities = $48 - $75 - $15 + $70 = $28 million
Note:
- Treasury stock is purchase of own equity from market thus is a part of financing activity.
- Proceeds from sale of land and building is to be considered and the net gain from such transaction is deducted from operating income in cash flow statement.
- Cash paid to acquire office equipment is for future long term benefit and is part of investing activity.
Net Cash outflow from investing activities = $28 million
If
teamwork and support are high on your priority list, a closed corporation may
be a poor choice for a business.
A closed corporation is generally a smaller corporation, it means that it is held by a
limited number of shareholders and is not publicly traded. There are
many different types of corporations.
Answer:
$1,000 Unfavorable
Explanation:
Calculation to determine what Sheridan Company's materials quantity variance is
Using this formula
Direct Material Price Variance = (Standard quantity allowed - Actual quantity of materials) * materials price standard
Let plug in the formula
Direct Material Price Variance=(5200 pounds-5700 pounds)*$2.00 per pound
Direct Material Price Variance=-500 pound*$2.00 per pound
Direct Material Price Variance=-$1,000
Unfavorable
Therefore Sheridan Company's materials quantity variance is $1,000
Unfavorable