Answer:
21.45%
Explanation:
The computation of the research and development expense is shown below:
= Research and development ÷ Revenues × 100
= $12,740 ÷ $59,387 × 100
= 21.45%
In a common size income statement, each item is proportionate to the sales value that means the numerator will be the item and the denominator would be sales revenue.
All other information which is given is not relevant. Hence, ignored it
Answer:
Answer is mentioned below.
A) The relative price of all commodities are meaning less since no old product is re purchased . What exist is only the new year nominal prices . B ) True. C) we can't know whether the nation is experiencing deflation d ) we can't know whether the nation is experiencing inflation with out any previous price records . What we have is only a new base year every year . All years are new base years .
Explanation:
Answer:
b. contains no positive statements.
Answer:
Cash Flows from Operating Activities is 555.050
Explanation:
The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.
It depends on the account if it is added or subtracted to net income. Below you will find the added account with a plus (+) and the subtracted ones with a minus (-)
Notice the amounts of any decreases are in parentheses.
Net income 490.000
Adjustment to reconcile the net income to cash
+ Depreciation expense 52.000
- Gain on disposal of equipment (7.000)
+ Decrease in accounts receivable 32.400
- Decrease in accounts payable (12.350)
Net cash 555.050