Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.
The cash flow statement reveals how much money is made or spent on operating, investing, and financing activities during a certain time period, bridging the gap between the income statement and the balance sheet.
The cash generated or spent in relation to investment activities is shown in the cash flow from investing activities portion of the cash flow statement.
Buying tangible assets, investing in securities, or selling securities or assets are all examples of investing activity.
If management is investing in the long-term health of the company, negative cash flow from investing operations could not be a bad indicator.
Hence, Changes in property, plant, and equipment related to the investing activities on the statement of cash flows.
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Answer:
Craig Manufacturing Company operates its three production departments within a single facility. Each department produces its own products and maintains its own production equipment. Although they share a common facility, each department is overseen by a separate supervisor. Which one of the following costs is a direct cost of each department?
Production supervisor salary
Explanation:
Production supervisor salary serves as the overhead cost that is attribute to the production in the manufacturing company, it is direct cost for each department since every department has a supervisor
Answer:
1.15X + 1.09(11000 - X) = 11000 + 1452
1.15X + 11990 - 1.09X = 12452
0.06X = 462
X = 7700
The answer is
7700
Explanation:
Answer:
C. New equipment was purchased for $145,000 cash. d. A $29,000 note was paid at maturity on January 1 e. On January 1, 2021, bonds were sold at their $58,000 face value. f. Common stock ($45,000 par) was sold for $65,000. 9. Net Income was $90,000 and cash dividends of $50,000 were paid to shareholders. Required: Prepare the statement of cash flows of Wright Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (.e., 10,000 should be entered as 10).) WRIGHT COMPANY Statement of Cash Flows For the year ended December 31, 2021 (s in thousands) Cash flows from operating activities Cash inflows Cash outflows Net cash flows from operating activities Cash flows from investing activities
Explanation:
