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topjm [15]
4 years ago
7

Barker Company paid cash to purchase two identical inventory items. The first purchase cost $18.00 cash and the second cost $20.

00 cash. Barker sold one inventory item for $30.00 cash. Based on this information alone, without considering the effect of income tax,:_________
A. cash flow from operating activities is $11.00 assuming a weighted average cost flow.
B. cash flow from operating activities is $12.00 assuming a FIFO cost flow.
C. cash flow from operating activities is $10.00 assuming a LIFO cost flow.
D. the amount of cash flow from operating activities is not affected by the cost flow method.
Business
1 answer:
Virty [35]4 years ago
8 0

Answer:

The correct answer is D

Explanation:

Cash flow method is the method where the costs or the expenses are moved or shifted from the starting to the end of the firm. The flow of expenses does not apply to the inventory but also involve the other factors in the extra processes to which the cost is attached.

So, the baker purchased the inventory items at different prices and then the sold the one inventory item at profit, so the amount of the cash flow from the operating activities will not affected through the method of cash flow.

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A company produces a cardboard box in the shape of a cube. The surface area of the box is represented by S=6x2, where x is the e
nydimaria [60]

Answer:

x = \sqrt{\frac{S}{6} }  or ( \frac{S}{6} )^{\frac{1}{2} }

Explanation:

The cardboard box is in the shape of a cube. The surface area of the box is given by:

S = 6x^{2}

To find the inverse, we have to solve for x. To solve for x means we will make x the subject of the equation above

Divide both the right and left hand side by 6, we have:

6x^{2} ÷ 6 = S ÷ 6 ⇒ x^{2} = \frac{S}{6}

x^{2} = \frac{S}{6}

Take the square root for both the right and left hand side, we have:

\sqrt{x^{2} } = \sqrt{\frac{S}{6}} ⇒ x =  \sqrt{\frac{S}{6}}

x = \sqrt{\frac{S}{6} }  or  ( \frac{S}{6} )^{\frac{1}{2} }

Therefore, x is equivalent to the square root of (S/6)

7 0
4 years ago
Read 2 more answers
Lentitud del desarrollo administrativo
spayn [35]

Answer:

?

Explanation:

6 0
3 years ago
The mayor of your hometown has said she will request that the federal government extend a nearby interstate highway so that it p
Ivan

Answer:

  • an increase in discretionary spending and, if no other changes are made, an increase in the government's deficit
  • an increase in the government's debt

Explanation:

A budget deficit occurs when the federal government has more spending than it recites. That is, the government has many debts and can not raise enough money to pay these debts and maintain a good standard of living for citizens. The consequences of large budget deficits cause great damage to the country, especially for people with lower incomes. For this reason, it is necessary that in a deficit situation, the government reduced spending.

This is not the case with the government shown in the question above. Even in a budget deficit situation, the government wants to extend an interstate highway that will cost $ 35 million. The result of this will be:

  • an increase in discretionary spending and, if no other changes are made, an increase in the government's deficit
  • an increase in the government's debt

Discretionary expenses are those expenses for which the government has some degree of decision.

6 0
3 years ago
A new report has shown that helmets reduce the head injuries from biking accidents. To ensure that as many individuals as possib
Radda [10]

Answer:

E. The supply curve for helmets will shift to the right.

B. The demand curve for helmets will remain the same.

Explanation:

In order to promote the use of helmets the subsidy will result in the shift of supply curve to the right because through subsidy producers are encouraged to supply more. Hence increasing the output.

Whereas the demand curve will remain the same. There will be no shift in demand curve. Only movements along the demand curve will be observed, the demand curve stays the same.

It is shown in the diagram in attachment.

6 0
3 years ago
Tirri Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 7.40 Direct labor $ 3
Rufina [12.5K]

Answer:

$13.45

Explanation:

The computation of contribution margin per unit sold is shown below:-

Contribution margin per unit = Selling price - (Direct materials + Direct labor + Variable manufacturing overhead + Sales commissions + Variable administrative expense)

= $27.90 - ($7.40 + $3.65 + $1.45 + $1.20 + $0.75)

= $27.90 - $14.45

= $13.45

Therefore for computing the contribution margin per unit sold we simply applied the above formula.

3 0
3 years ago
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