Answer:
$7million understated
Explanation:
Based on the information given the effect on 20x8 COST OF GOODS SOLD will be UNDERSTATED by $7 million reasons been that since the OPENING INVENTORY IS UNDERSTATED by $7 million which means that the COST OF GOODS SOLD will as well be UNDERSTATED by the same amount based on the fact that opening inventory adds to Cost of goods sold.
The items included in its recent annual consolidated Dividends statement of cash flows presented using the direct method are listed.
1. Receipts from customers ------------- Operating Activities (O)
2. Dividends paid ----------- Financing Activities (F)
3. Payment for share buyback --------- Financing Activities (F)
4. Proceeds from the sale of property, plant, and equipment ------ Investing Activities (I).
5. Repayments of borrowings ------- Financing Activities (F)
6. Income taxes paid ------------ Operating Activities (O)
A dividend is a distribution of profits by means of a business enterprise to its shareholders. while a organization earns a profit or surplus, it is able to pay a percentage of the earnings as a dividend to shareholders. Any quantity now not dispensed is taken to be re-invested within the commercial enterprise.
Dividends are bills a business enterprise makes to share earnings with its stockholders. they're paid on an ordinary basis, and they're one of the methods investors earn a return from making an investment in stock.
Learn more about Dividends here:-brainly.com/question/25845157
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Answer:
$37,760
Explanation:
The income for the current operation, without further processing, is given by:
If the product is further processed at a cost of $11,200, the company would sell 11,200 units at $31,80 each and 5,200 at $19.20 each, for an income of:
Therefore, the incremental net income of processing further would be:
The incremental net income would be $37,760.
Answer:
KTM 350 full-size 450s, the 350 remains the bike for the common man. The KTM 350, along with its blood brother the Husqvarna FC350, appeals to the rank-and-file rider who doesn’t want to deal with 60 horsepower. The 350s have steadily improved over their lifespan and are currently better than ever.
Explanation:
Answer:
The answer is: Owner is personally liable for all debts of the business.
Explanation:
Sole proprietorship is the oldest type of business, where a single person is the owner of a business.
Some of the advantages of sole proprietorship are:
- the simplest and most flexible business structure.
- owner has complete control and full decision making powers
- easy to close down the business
- profits are taxed at the owner´s tax rate
Some of the disadvantages of sole proprietorship are
:
-
owner is personally liable for all debts of the business
.- if the business goes bankrupt, usually the owner does also
- death or illness of the owner will lead to the end of the business.
- difficulties in raising capital from outside sources
