Answer:
Net cash increase is $45000.
Explanation:
Net cash flow from (OA) operating activity = $5000
Net cash flow from (I) investing = $10000
Net cash flow from (F) financing activity = $50000
Net cash increase = Operating activity cash flow + Financing activity cash flow - Net cash flow from investing
Net cash increase = 5000 + 50000 – 10000
Net cash increase = 45000
Answer:
$20,000
Explanation:
If the Rubber Division was dropped at the beginning of last year, the financial advantage (disadvantage) to the company for the year would have been: the segment's margin of $20,000
The president considering the elimination of this division is not advisable. As long as none of the allocated common corporate fixed costs could be avoided, If the Rubber Division was dropped at the beginning of last year, the financial disadvantage to the company for the year would have been it's contributed margin that went towards off-setting corporate fixed costs.
Furthermore, if this segment is closed, it would affect the Cork division because it would be reporting a lower net operating income of $90,000 as a result of bearing all the corporate costs alone.
Answer:
Partial balance sheet of Tamarisk, Inc.
<u>Non Current Assets :</u>
Buildings $1,140,000
Less accumulated depreciation—buildings ($652,000) $488,000
Coal mine $509,000
Less accumulated depletion—coal mine ($107,000) $402,000
Goodwill $421,000
Total $1,311,000
Explanation:
The Items above are Non- Current Assets. Non Current Assets are resources expected to generate economic benefits for a period exceeding 12 months.
Answer:
B. the lack of discipline of Edgar Allan Poe Academy students
Explanation:
Answer:
$18
Explanation:
The contribution margin per patron is the ratio of the total contribution to the number of patrons. The total contribution is the difference between the total sales and the total variable cost.
Hence, the contribution per matron may also be derived as the difference between the sales per patron and the variable cost per patron.
The variable cost here is the cost of providing dinner per ticket as such,
Contribution margin per patron
= $40 - $22
= $18
