The cash flow statement plays a vital role for each type of company as it shows the cash positions with respect to the liquidity because the cash should be the most liquid asset and the same would be presented in the organization's hands.
Moreover, they always try to have a sufficient cash amount so that the risk attached to the unfavorable economic situation could be eliminated. So the business wants to store a high value of cash amount and have sufficient liquidity and the same would be presented in the cash flow statement.
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Answer:
overhead rate will be equal to $62 per machine hour
So option (B) will be correct option
Explanation:
We have given total overhead for the current year will be $15500000 with total 250000 machine hours.
And actual overhead is $16000000 and actual machine hour is 330000 hours
We have to find the overhead rate based on machine hour
Overhead rate is the ratio of estimated overhead to estimated total machine hours
So overhead rate
$ per machine hour
So overhead rate will be equal to $62 per machine hour
So option (B) will be correct option
Managing your money well does not mean you can not have fun with your money. Managing your money well means making careful plans for your spending. It involves deciding ahead of time what you will use your money for and what you will not attempt spending your money on. Doing this gives you an effective hold on your finances and helps you to save money instead of spending it impulsively on things that are not your needs.
You can have fun with your money by spending it on things that you enjoy, but deciding ahead of time the exact amount you are ready to spend on those things will makes a better money manager.<span />
Answer:
B. Clothing expenses
C. It should be scare.
This is not a characteristic of the currency, because it is a nominal product of the economy behavior. Therefore, is there are plenty of goods and services in an economy, the currency must follow that.