The net change in cash formula can be this easy:
Add the two cash inflows and subtract the cash outflows.
So In here we have;
Cash inflows from operations = $60,500
Cash inflows from financing = $25,000
Cash outflows from investing activities = $47,000
$60,500 + $25,000 - $47,000 = $38,500
The net change in cash was $38,500
Financial managers should strive to maximize the current value per share of the existing stock because they have been hired to represent the interests of the shareholders.
Financial managers
- The management team of a corporation includes financial managers. To continue operating and turning a profit, they must make sure the company's finances are in order.
- Because they have been recruited to represent the interests of the shareholders, financial managers should work to maximise the current value per share of the company's existing stock.
- The wealth of shareholders should be the primary objective of financial management. Investors in a corporation put their own money into it, thus they are expecting a certain return. When the value of the company's shares rises, the return might be realised.
- When stock prices rise, the value of the entire business rises as well, boosting the wealth of the shareholders. Consequently, financial managers should constantly work to Because they work for the company's owners and it is what the owners expect of them, they must maximise the present price per share of stock.
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Answer:
- $375 per mountain bicycle
- $3,350 per touring bicycle
Explanation:
1. Manufacturing overhead of each mountain bicycle:
= Total manufacturing overheads for mountain bicycles / Number of units
= 75,000 / 200
= $375 per mountain bicycle
2. Manufacturing costs of one touring bicycle
= Direct labor + Direct material + Manufacturing overhead per touring bicycle
= 700 + 2,200 + (180,000 / 400 units of touring bicycles)
= 700 + 2,200 + 450
= $3,350
Hi,
Below are two methods of removing excess fat from food after frying:
Bread topping:
Place a layer of bread pieces over the whole surface of dish in which fried food is to be transferred. Let the food stay there for few minutes. After this time, discard the bread pieces and the food will have minimum surface fats. This is because bread pieces soak up the fats and oils from the food surface.
Dish cooling:
Another method of eliminating fats is to cool down the food you have fried in fridge for some time. When the food will be cooled the layer of fats and oils will be deposited over food in solid form. After removing from the fridge you can remove the solid layer with some tool like spoon back and the again reheat. This process is a little time consuming but a great way to eliminate extra fats from food.
Hope it help!
Answer:
Explanation:
CHECK THE ATTACHMENT FOR DETAIL EXPLANATION.