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In 2019, Chen Corporation purchased treasury stock with a cost of $ 54 comma 000. During the year, the company declared and pa

madam [21]

Answer:

Chen Corporation's Net Cash Flows from Financing Activities during the year are $836,000

Explanation:

Cashflows from Financing Activities

Payment made to purchase treasury stock during the year $(54,000)

Dividends declared and paid during the year $(10,000)

Proceeds received from issue of Bonds Payable during the year $900,000

Net Cash flow from Financing Activities $836,000

*Please note that figures in brackets represent Cash Outflows

3 0

3 years ago

If your paycheck was $800 each week, then the nominal value would be less than $800 as we adjust it for inflation. be more than

tia_tia [17]

The answer is : the nominal value would be equal to the $800 face value of the paycheck. The nominal value is the book, par or face value, which in the case of the paycheck is $800.00

4 0

3 years ago

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Prepare journal entries to record each of the following sales transactions of EcoMart Merchandising. EcoMart uses a perpetual in

Rudik [331]

Answer:

Oct 1

Debit : Accounts Receivable $2,600

Debit : Cost of Sales $1,450

Credit : Sales Revenue $2,600

Credit : Merchandise $1,450

Oct 6

Debit : Sales Revenue $260

Debit : Merchandise $145

Credit : Accounts Receivable $260

Credit : Cost of Sales $145

Oct 9

Debit : Accounts Receivable $1, 250

Debit : Cost of Sales $1,450

Credit : Sales Revenue $1, 250

Credit : Merchandise $1,450

Oct 11

Debit : Cash $2,340

Credit : Accounts Payable $2,340

Explanation:

The perpetual method ensures that the cost of sales and inventory values are calculated after every transaction made.

Therefore, remember to show the cost of sale journal and the resulting decrease in inventory after every sale.

8 0

2 years ago

You and your friends hike a total of 8 miles to the nearest campsite (Activity A). Upon arriving you break off into teams. One t

IgorLugansk [536]

Answer:

a. The critical path is 16 minutes.

b. The length of time to complete the entire process = 23 minutes.

Explanation:

a) Data and Calculations:

Activity Optimistic time Most Likely Time Pessimistic Time

to complete to Complete to Complete

A Hike to the campsite 3 5 8

B Set up campsite 2 4 5

C Collect wood for fire 1 3 5

D Start a fire 1 2 3

E Find water 0.5 1 3

F Collect water & bring it

back to camp 1 2 4

G Purify the water 1 2 4

H Cook and eat dinner 1 3 4

I Put out fire 1 2 4

J Dispose of food waste 0.5 2 3

K Return from food

waste disposal 0.25 1 2

Total time 12.25 27 45

Critical path: Activity A - Activity B

Activity A - Activity C 3 - Activity D 2 - Activity E 1 - Activity F 2

Activity G 2 - Activity H 3 - Activity I and J 2 - Activity K 1

= 3 + 2 + 1 + 2+ 2 + 3 + 2 + 1 = 16 minutes

Length of time to complete the entire process = 27 - 4 = 23

The critical path identifies the longest stretch of dependent activities and measuring the time required to complete them from start to finish.

5 0

2 years ago

If a worker earns $50 per hour in salary but the project is charged $75 per hour for each hour the individual works, then the ov

vredina [299]

Overhead rate is calculated by dividing the overhead cost by the direct cost over a similar period of measurement. In our case, the basis is per hour. The overhead cost is the rough estimate of the cost made through the proper reference to the historical data for old establishments and projections for the new ones. This can be expressed as,
overhead rate = (overhead cost / direct cost) x 100%

Substituting the known values,
overhead rate = ($75 / $50) x 100%
overhead rate = 150%

<em>ANSWER: overhead rate = 150% </em>

5 0

3 years ago

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My sis need a boy bestie anyone wanna be that???​

My sis need a boy bestie anyone wanna be that???