Answer:
Item Amount Effect
A.Notes Payable ($16,600) Decrease
B.Dividends ($1,800) Decrease
C.Machinery $ 21,600 or $ 0 No effect
Explanation:
Indicating the items that has an effect on financing cash flows
Item Amount Effect
A.Notes Payable ($16,600) Decrease
Because the cash are repaid
B.Dividends ($1,800) Decrease
Because the Dividend are been paid out in cash
C.Machinery $ 21,600 or $ 0 No effect
No effect because it is a non cash activity.
Answer:
0.5
Explanation:
Zscore = (x - mean) / standard deviation
Given the data:
X : 462 490 350 294 574
The second observation = 490
The mean and standard deviation of the data could be obtained using a calculator :
Mean = 434
standard deviation = 112
ZSCORE = (490 - 434) / 112
ZSCORE = 56 / 112
ZSCORE = 0.5
Answer:
$120.38 million or $120 million
Explanation:
Year 2018
Timing difference resulting into liability for the year 2018:
= Total sales - sales in 2018
= $663 - $74
= $589 million
Therefore,
Deferred tax liability:
= Timing difference resulting into liability for the year 2018 × Income tax rate
= $589 million × 0.26
= $153.14 million
Year 2019
Brought forward Timing difference resulting into liability = $589 million
Timing difference resulting into asset for the year 2019 = 126 million
Therefore,
Balance timing difference resulting into liability = $589 - $126
= $463 million
Thus,
Deferred tax liability for the year 2019 = $463 × 0.26
= $120.38 million or $120 million
Answer:
Ans. C) 208 grandfather clocks to break even
Explanation:
Hi, First, let´s introduce the Break-even point (BEP) in units equation that we need to use.
![BEP=\frac{FixedCosts}{(Price-VarCost)} =[units]](https://tex.z-dn.net/?f=BEP%3D%5Cfrac%7BFixedCosts%7D%7B%28Price-VarCost%29%7D%20%3D%5Bunits%5D)
Therefore, our solution has to look like this:
![BEP(Units)=\frac{96,000}{(625-164)} =208(rounded)](https://tex.z-dn.net/?f=BEP%28Units%29%3D%5Cfrac%7B96%2C000%7D%7B%28625-164%29%7D%20%3D208%28rounded%29)
So, in order to break-even, this company has to sell 208 clocks each year.
Note. 208 was the value obtained when the answer was rounded to the nearest unit.
If you´d like to know how much is that in dollars, you just go ahead and multiply the price by 208 and you will get.
![BEP(dollars)=208Units*\frac{625Dollars}{Unit} =130,000](https://tex.z-dn.net/?f=BEP%28dollars%29%3D208Units%2A%5Cfrac%7B625Dollars%7D%7BUnit%7D%20%3D130%2C000)
Best of luck.