All categories

3 years ago

11. Which of the following reports the cash inflows, cash outflows, and change in cash for a period?

Business

1 answer:

viva [34]3 years ago

5 0

Answer:

The statement of cashflow.

The correct answer is C

Explanation:

The statement of cashflow reports the cash inflows, cash outflows and change in cash for a period. It shows cashflow from operating activities, cash flow from investing activities and cashflow from financing activities.

You might be interested in

Suppose the Japanese economy has been experiencing slow growth. As a result, the Prime Minister, who thinks John Maynard Keynes

snow_tiger [21]

Answer: The recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen

Explanation:

From the question, we are informed that GDP gap of 1 trillion yen and the marginal propensity to consume (MPC) is 0.60. Also, to close the GDP gap, the prime minister has decided to increase government spending. This means that there will be a recessionary gap because the actual GDP will be less than the potential GDP.

Fir the economy to be brought to its potential GDP, the spending of the government will give a stimulus to the economy. Since MPC is 0.6, the multiplier will be:

= 1/1-MPC

= 1/1 - 0.6

= 1/0.4

= 2.5

The government spending will then increase in order to close the recessionary gap as:

∆Y = ∆G × Multiplier

100 = ∆G × 2.5

∆G = 100/2.5

∆G = 40

Therefore, the recessionary gap will be equal to 1 trillion yen divided by 2.5 or 0.4 trillion yen.

4 0

3 years ago

Paula Boothe, president of the Armange Corporation, has mandated a minimum 10% return on investment for any project undertaken b

Vlad1618 [11]

Answer:

Residual income= $36,000

Explanation:

Residual income is the income that is generated in excess of the minimum required rate of return, which in this case is 10%. Any income above 10% return is considered as residual income. In this case the investment is 1,800,000 and 10% of that is 180,000 (0.1*1,800,000). So any income made above $180,000 will be residual income. In order to find the residual income we subtract the minimum income required from the actual income.

In this case the minimum income required is 180,000 and the actual operating income is 216,000 so residual income=

216,000-180,000= $36,000

4 0

3 years ago

Shadee Corp. expects to sell 550 sun visors in May and 380 in June. Each visor sells for $12. Shadee’s beginning and ending fini

djyliett [7]

Answer:

August = $5, 472

September = $5,419

Explanation:

Shadee Corporation

Cash Receipt Budget

For the month of August & September

August September

Sales Volume 460 470

Price per unit 12 12

Total Sales $5,520 $5,640

60% Cash Sales $3,312 $3,384

Credit Sales:

54% collected in the month of sales

$1,192 $1,218

37% collected in the following month

$968 (1) $817

Total budgeted cash receipt

$5,472 $5,419

Note: (1)

37% of July's credit sale will be collected in the month of August. Therefore,

July's total sales = 545 × 12 = $6540

60% of them is cash = $3,924

Remaining is credit = $2,616

37% of credit sales = $2,616 × 37% = $968

7 0

3 years ago

Francine is interested in starting a new financial services company where she will manage the investments of others. she wants t

amm1812

<span>Francine would be considered an entrepreneur because she is someone who initiates and assumes the financial risk of a new business enterprise.
</span>An entrepreneur is defined as someone who owns and operates a business or businesses and takes on a greater than normal financial risk to do that. An entrepreneur starts their own business and puts everything they have into making it successful, no matter the risk, they tend to take it to become successful.<span>
</span>

4 0

3 years ago

An analysis of the accounts of Roberts Company reveals the following manufacturing cost data for the month ended June 30, 2022.

dmitriy555 [2]

a. The Cost of Goods Manufactured Schedule for the month ended June 30, 2022 can be prepared as follows:

Cost of Goods Manufactured Schedule

Work in Process Beginning $5,000

Raw materials purchase 49,900

Direct labor 47,000

Manufacturing Overhead 19,900

Total costs incurred $121,800

Ending balance ($7,000)

Cost of goods manufactured $114,800

b. The presentation of the ending inventories on the June 30, 2022 balance sheet will be showed as follows:

Current Assets:

Inventory:

Raw materials $13,100

Work in process 7,000

Finished goods 8,000 $28,100

Data Analysis:

Inventory Beginning Ending

Raw materials $9,000 $13,100

Work in process 5,000 7,000

Finished goods 9,000 8,000

Costs incurred:

Raw materials $54,000

Direct labor $47,000

Manufacturing overhead $19,900

The specific overhead costs were:

Indirect labor $5,500

Factory insurance $4,000

Machinery depreciation $4,000

Machinery repairs $1,800

Factory utilities $3,100

Miscellaneous factory costs $1,500

Total manufacturing overhead $19,900

T-accounts:

Raw materials

Account Titles Debit Credit

Beginning $9,000

Purchases 54,000

Work in Process $49,900

Ending $13,100

Work in Process

Account Titles Debit Credit

Beginning $5,000

Raw materials 49,900

Direct labor 47,000

M/Overhead 19,900

Finished Goods $114,800

Ending balance $7,000

Finished Goods

Account Titles Debit Credit

Beginning balance $9,000

Work in Process 114,800

Cost of Goods Sold $115,800

Ending balance $8,000

Thus, the total cost of goods manufactured for the month ended June 30, 2022 is $114,800.

Related link for computing the cost of goods manufactured at brainly.com/question/14686513

4 0

3 years ago