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3 years ago

The following information is available for Mergenthaler Corporation for the year ended December 31, 2022:

Business

1 answer:

sdas [7]3 years ago

3 0

Answer:

Cash Flow from Operating Activities Amount$

Net Income 30000

Add Depreciation Expense 25000

Increase in Accounts Payable 11000

Increase in Accounts Receivables -10000

Increase in Prepaid Insurance -6000

Decrease in Salaries and Wages Payable <u> -1000 </u>

Net Cash Flow from Operating Activities A 49000

Cash Flow from Investing Activities

Acquisition of Equipment for Cash -10000

Proceeds from Sale of Long-Term Investment <u>22000</u>

Net Cash Flow from Investing Activities B 12000

Cash Flow from Financing Activities

Redemption of Bonds Payable -34000

Proceeds from Issuance of Common Stock 20000

Payment of Cash Dividends -6000

Collection of Principal on Long-Term Loan 16000

Net Cash Used in Financing Activities C -4000

Opening Cash Balance 91000

Add Increase in Cash (A+B+C) <u>57000</u>

Closing Cash Balance <u>148000</u>

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professional university teaches a large range of undergraduate courses. it is interested in determining the cost equation for th

Rufina [12.5K]

The equation for facilities cost (fc) as a function of student credit hours is 350000 + .60 per credit hour

<h3>How are facility costs calculated?</h3>

Ongoing operating expenses for the facility consist of property taxes, utilities, site maintenance and landscaping, insurance, and facility maintenance and repair costs. Add up the total amount spent on each expense category to determine its cost. Breaking down building costs reveals how much it really costs to run a business. More importantly, there's information about potential savings. Examples include building and equipment depreciation, operation and maintenance, administrative assistance, library services, and student services.

The variable cost per student credit hour = change in cost/change in credit hours

= [530000 - 500000] / [300000 - 25000]

= 30000 / 50000= $ .60 per credit hour

Fixed cost at highest activity = 530000 - [300000 * 0.6]

= 530000 - 180000

= 350000 Cost function

= 350000 + .60 per credit hour

To learn more about facility cost, visit: brainly.com/question/28336283

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8 0

1 year ago

A) What are the two features in a market economy that stem from self interest?

vova2212 [387]

Answer:

Private property rights and the market.

Explanation:

5 0

2 years ago

Q 8.14: The financial statements of the Imagine Company report net sales of $1,000,000 and accounts receivable of $700,000 and $

sesenic [268]

Answer:

2 times

Explanation:

The computation of accounts receivable turnover is shown below:-

Account receivable turnover ratio = Net credit sales ÷ Average accounts receivable

where,

Net credit sales is $1,000,000

And, the Average accounts receivable is

= (Accounts receivable, beginning of year + Accounts receivable, end of year) ÷ 2

= ( $700,000 + $300,000) ÷ 2

= $500,000

Accounts receivable turnover = Net sales ÷ Average accounts receivable

= $1,000,000 ÷ $500,000

= 2 times

6 0

3 years ago

Stanley Corporation manufactures an electronic switch for dishwashers. The cost base per unit, excluding selling and administrat

sammy [17]

Answer:

So markup percentage will be 8 % on total unit cost

Explanation:

We have given that cost base per unit including selling and administrative expenses is $60

per unit cost of selling and and administrative expenses is $15

The company desired ROI per unit is $6

We have to calculate the markup percentage on total unit cost

Markup percentage on total unit cost is given by '

markup percentage = $\frac{desired\ ROI}{cost\ base\ per\ unit+ The \ per\ unit \ cost \ of \ selling \ and \ administrative\ expense}=\frac{6}{60+15}=0.08=8%$

So markup percentage will be 8 % on total unit cost

3 0

3 years ago

The corporate charter of Luney Corporation allows the issuance of a maximum of 100,000 shares of common stock. During its first

kakasveta [241]

Answer:

Luney Corporation is authorized to sell 100000 shares

luney has issued = 70000 shares

luney has shares outstanding 63000

Explanation:

given data

maximum shares of common stock = 100,000

sold shares = 70,000

reacquired = 7,000

solution

we know here 100000 shares are mention in charter of the company

so Luney Corporation is authorized to sell 100000 shares

and luney has issued = 70000 shares

so here

we know that

luney has shares outstanding = 70000 - 7000

luney has shares outstanding 63000

7 0

3 years ago