Answer:
1 - Financing activity
2- Operating activity
3- Financing activity
4- Investing activity
5- Investing activity
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the long term assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
So the categorization is shown below:
1. Issued $160,000 of bonds payable - cash flow from financing activity
2. Paid utilities expense - cash flow from operating activity
3. Issued 500 shares of preferred stock for $45,000 - cash flow from financing activity
4. Sold land and a building for $250,000 - cash flow from investing activity
5. Loaned $30,000 to Dead End Corporation, receiving Dead End’s 1-year, 12% note. - cash flow from investing activity
Answer:
$10, 950
Explanation:
What is the net operating income (loss) for the month under the variable costing?
Direct materials $ 20
Direct labour 62
Variable manufacturing overheads 8
Total variable costs 90
Sales ($120 x 8, 650) $ 1, 038, 000
Variable expenses:
Variable cost of goods sold ($90 x 8650) 778, 500
Variable selling admin costs ($12 x 8, 650) 103, 800
Contribution margin 155, 700
Fixed expenses:
Fixed manufacturing overheads 135, 750
Fixed selling and admin 9, 000
Net operating profit 10, 950
Answer: The answer is explained below.
Explanation:
Physical asset valuation is the process used to determine the fair market value of an asset. Research and development is the process whereby a company works in order to obtain new knowledge that will be used to create new technology, services, products, or systems.
Due to the different accounting practices which are accepted by different countries, companies has to consolidate their accounting into a standard. But in a situation whereby a foreign accounting procedure is translated to an accepted and followed standard, this might lead to valuation discrepancies. Therefore, an asset valued at certain amount may fall in value due to the foreign accounting standard used when compared to local accounting standards.
The same follows with the Research and Development cost as there is currency valuations involved and the gap in values of the currencies of the two nations can lead to differences in the the total cost of the project.
Answer:
if foreign investment fell by 100% it would be totally eliminated, so it not possible for it to fall by more than 100%
Explanation:
Since in the question it is given that reduction of the western investment for the third world countries consist that foreign investment falls by 350% for the year 1990s
So if we go through the options, the wrong statement is the last one as it shows that the foreign investment fall by 100% i.e to be fully eliminated
Hence the other options are wrong
Answer:
D) $2,000
Explanation:
Angela's basis on the stocks will be the same as her father's. Since she sold the stocks, her basis will be $8,000, so her recognized gains will = selling price - basis = $10,000 - $8,000 = $2,000
The IRS allows the donee (Angela) to use the doners (Ralph) basis when selling an asset received as a gift in order to determine the realized gain/loss.