All categories

3 years ago

Ortions of the financial statements for Myriad Products are provided below.

Business

1 answer:

bonufazy [111]3 years ago

5 0

Answer:

Net cash provided from Operating Activities $301

Explanation:

MYRIAD PRODUCTS COMPANY

Cash flow from Operating Activities:

Net Income $150

Adjustment for non cash effects:

Depreciation $84

Amortization $5

Loss on sale of land $4

Total $243

Changes in operating assets and liabilities :

Decrease in Accounts receivable $17

Decrease in Inventory $18

Increase in Accounts Payable $14

Decrease in Salaries Payable ($14)

Increase in Interest Payable $13

Increase in Income tax Payable $10

Net cash provided from Operating Activities $301

You might be interested in

If firms in a perfectly competitive market are experiencing economic losses, then as time passes firms ________ and the market _

sukhopar [10]

Answer:

The correct choice is D

6 0

3 years ago

You purchased 250 shares of a particular stock at the beginning of the year at a price of $104.32. The stock paid a dividend of

Lunna [17]

Answer:

$2917.50

Explanation:

The computation of the dollar return is shown below:

= (Stock price at the end of the year - Stock price at the beginning of the year + Dividend paid) × number of shares purchased

= ($113.65 - $104.32 +$2.34) × 250 shares

= $11.67 × 250 shares

= $2917.50

We simply added the stock price at the end of the year, dividend paid and deducted the stock price at the beginning of the year, then multiply it with the number of shares purchased so that the correct amount can come.

4 0

3 years ago

"in general, when constructing a resource loading chart, one should avoid:"

Maurinko [17]

<span>The resource loading chart is used in the resource management process. It displays the estimated allocations per resource and helps the project manager to lead and manage the project. </span><span>
In general, when constructing a resource loading chart, one should avoid c</span>hanging the duration of the activities.

7 0

3 years ago

Crane Real Estate Company management is planning to fund a development project by issuing 10-year zero coupon bonds with a face

xxTIMURxx [149]

Answer:

Present value of zero coupon bond = $283

Explanation:

Provided that zero coupon bonds are to be issued.

In zero coupon bonds issue price is less than face value to meet the needs.

Interest rate = 13%

Duration = 10 years, Paid semiannually.

Thus periods = 20

Interest rate = $13 \times \frac{6}{12} = 6.5$

Therefore, Present value factor @6.5% for 20 periods = 0.283

Therefore, Value of bond today = $1,000 $\times$ 0.283 = $283

3 0

3 years ago

Put the following ABC implementation steps in order: A Compute the allocation rates. B Compute the total cost of the products.

jok3333 [9.3K]

Answer:

D Select the cost allocation bases.

Explanation:

An allocation base OR cost allocation based is the foundation on which Cost accounting apportions the overhead costs. An allocation base can come inform of a quantity, such as the used machine hours, the consumed electricity kilowatt hours (kWh), or the square footage that is being occupied.

the ABC implementation step in order will be to select the cost allocation bases.

5 0

3 years ago

Read 2 more answers