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Flauer [41]
4 years ago
6

Financial statements of Rukavina Corporation follow:

Business
1 answer:
Xelga [282]4 years ago
4 0

Answer: ($26)

Explanation:

Investing Activities in the Indirect method of the Cashflow statement include transactions regarding the purchase or sale of Fixed Assets and other company stocks and bonds.

In the statement above, we notice that the company has no investments outside the company as it owns no stocks or bonds.

The relevant account then would be the, Property, plant, and equipment.

The Property, plant, and equipment account started the year at $360 and ended at $386. This shows that there was an increase in the account and seeing as there was no disposal, this was probably due to an Acquisition.

When there is an increase that means cash was spent so the Cashflow statement reflects a Cash Outflow or money spent.

= 386 - 360

= $26

($26) was used in investing activities for the year.

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Equivalent unit = Degree of completion × number of units

<em>Equivalent unit for conversion cost</em>

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transferred                       29,000        100%× 29,000    =          29,000

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Total equivalent unit                                                                    <u>31,280</u>

<em>Equivalent unit for conversion cost= 31,280 units</em>

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A person who brings about change in the organization, or who influences or forces to make a change in the product or organization like organizational effectiveness, improvement or development, then this person is called as a Change Agent.

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Learn more about Change Agent at:

brainly.com/question/6665943

#LearnWithBrainly

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