Answer:
C. New equipment was purchased for $145,000 cash. d. A $29,000 note was paid at maturity on January 1 e. On January 1, 2021, bonds were sold at their $58,000 face value. f. Common stock ($45,000 par) was sold for $65,000. 9. Net Income was $90,000 and cash dividends of $50,000 were paid to shareholders. Required: Prepare the statement of cash flows of Wright Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (.e., 10,000 should be entered as 10).) WRIGHT COMPANY Statement of Cash Flows For the year ended December 31, 2021 (s in thousands) Cash flows from operating activities Cash inflows Cash outflows Net cash flows from operating activities Cash flows from investing activities
Explanation:
Answer:
3 Sales people
Explanation:
The calculation of total cost per shift is shown below:-
1st sales 2nd sales 3rd sales 4th sales
person person person person
Average Waiting
Time 10 minutes 6 minutes 3 minutes 2 minutes
Total waiting
Cost $720 $432 $216 $144
(72 × $1 × 10) (72 × $1 × 6) (72 × $1 × 3) (72 × $1 × 2)
Add: Total labor
Cost 80 $160 $240 $320
($80 × 1) ($80 × 2) ($80 × 3) ($80 × 4)
Total cost $800 $592 $456 $464
Thus, 3 servers have the lowest cost, so that the overall cost per change with 3 Sales people is chosen.
Answer:
(a) the marginal cost of producing 1000 pins is given by $2.00 X 1000=
$2000
(b) the firm is making an economic profit.
(c) The firm is not in long-run equilibrium because the cost of production is not equal to the Revenue that will be generated.
Explanation:
Marginal cost this is the cost of producing one additional goods after the initial number.
An economic profit this is the excess profit Revenue generated from a business.
long-run equilibriuma a firm is said to be in long run equilibrium when when marginal revenue equals marginal costs,
Finance: accountant, loan officer. Marketing, Cargo and Freight Agent - Transportation, Distribution and Logistics.
$ 60000
Here I will the calculations for the four options. You will be able to tell the which is the highest earnings
a.
Straight commission of 6% on all sales.
6% * 60,000 = 6*60,000/100 = 3,600
b.
Monthly salary of $1,500 plus 3% commission on all sales.
1,500 + 3%*60,000 = 1500 + 3*60,000/100 = 1,500 + 1,800 = 3,300
c.
Graduated commission of 4% on the first $50,000 in sales and 10% on anything over that.
4%*50,000 + 10%*[60,000 - 50,000] = 4*50,000/100 + 10*10,000/100 = 2,000 + 1,000 = 3,000
d.
Graduated commission of 5% on the first $40,000 in sales and 9% on anything over that.
4%*40,000 + 9%*[60,000 - 40,000] = 1,600 + 1,800 = 3,400