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3 years ago

For the current year, Klay Corporation reports the following information:

Business

2 answers:

DerKrebs [107]3 years ago

7 0

Answer:

The company’s cash flows from operating activities was a cash inflow of $5,000

Explanation:

Cash at the end of the year = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities + Net cash inflows from operating activities

Therefore,

Net cash inflows from operating activities = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities - Cash at the end of the year = $340,000 + $40,000 + $45,000 - $420,000 = $5,000 >0

The company’s cash flows from operating activities was a cash inflow of $5,000

Doss [256]3 years ago

4 0

Answer:

A cash outflow of $5,000

Explanation:

the sum of cash flows from the operating, investing and financing activities must equal the net change in cash during the period

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Suppose the production of long-distance airline flights is described by a fixed proportion production process in which three cre

Elina [12.6K]

Answer:

production at this point is technically inefficient.

Explanation:

Efficient production processes requires a producer to either minimise the inputs they are using at a given output or maximise output level at a given input level.

Technical inefficiency is when input is not minimised or output maximised.

In the given instance the fixed cost (airplane) remains unchanged. However crew members can be variable.

If the airplane only requires 3 crew members and 4 crew members are now used, the company is not minimising inputs used so they are technically inefficient.

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3 years ago

Gni ppp, or gross national income divided by purchasing power parity, helps measure:

Alchen [17]

GNI PPP, or gross national income divided by purchasing power parity, helps measure the standard of living in a country. GNI PPP is gross national income converted to international dollars using purchasing power parity rates. An international dollar has same purchase power over GNI as U.S. dollar has in the United States.

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3 years ago

Informative advertising :

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Answer: c. is designed to describe a product’s characteristics and is usually associated with search goods.

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3 years ago

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Highland Industries makes custom yachts using a job cost accounting system. In anticipation of a busy year for 2019, Highland’s

il63 [147K]

Answer:

predetermined overhead per direct labor hour: $11.02

Explanation:

$\frac{Cost\: Of \:Manufacturing \:Overhead}{Cost \:Driver}= Overhead \:Rate$

To solve for overhead rate we determinate the expected cost and distribute them over a cost driver which is, in this case; direct labor hours

Expected overhead cost:

Machinery maintenance $ 181,350

Utilities $ 226,380

Supervision $ 191,000

Materials handling cost $ 67,000

Building occupancy costs $ 98,270

Indirect materials $ 31,650

Total overhead: $ 795,650

Total direct labor: 72,000

Overhead rate: 795,650 / 72,000 = 11.0206944= $11.02

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3 years ago

Which action best reflects the influence of John Maynard Keynes? O A. A business lobbies a government to reduce its overall tax

Sidana [21]

Answer:

Which action best reflects the influence of John Maynard Keynes?

B. A government gives jobs to workers during an economic recession.

Explanation:

John Maynard Keynes was a The British economist who strongly and vehemently advocated for "increased government expenditures, lower taxes, government offering full employment, and government intervention in economic activities" in order to stimulate demand, pull the economy out of recession, and kickstart it from slump. He is known as the father of Keynesian Economics.

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