Answer:
Net cash used in financing activities $233,333
Cash disbursed for operating activities $50,000
Explanation:
Based on the information given we were told that the company paid interest amount of $50,000 which as well include an additional amount of $233,333 to retire 1/3 of the bonds at par, which Therefore means that the above activities would be reported in Haven's statement of cash flows for 2020 as: NET CASH USED IN FINANCING ACTIVITIES of the amount of $233,333 and CASH DISBURSED FOR OPERATING ACTIVITIES of the amount of $50,000.
Answer:
multiple-hurdle
Explanation:
Multiple-hurdle model of selection is a personnel selection model in which applicants for a job are required to pass through a series of selection processes before they are selected. The number of applicants is therefore reduced at each “hurdle.”
Hence if Summerton high school's hr personnel
1. review résumés to identify the candidates who meet the school's minimum requirements; next,
2. potential candidates are then invited for interviews. after this,
3. interviewers discuss the results with hr personnel and select a short list of candidates, who then appear before a panel of teachers and
4. hr personnel for the final interview. summerton's new teachers are then selected from among these finalists.
The school is definitely practicing a multi hurdle selection process
Answer:
4,444.44 units
Explanation:
For the computation of Number of units to be sold to earn target profit first we need to follow some steps which are shown below:-
Selling price per unit = Sales ÷ Number of units sold
= $300,000 ÷ 5,000
= $60
Variable cost per unit = Total variable cost ÷ Number of units sold
= $180,000 ÷ 5,000
= $36
Increase in selling price = $60 × 5%
= $3
New selling price per unit = $60 + $3
= $63
New contribution margin per unit = New selling price per unit - Variable cost per unit
= $63 - $36
= $27
Number of units to be sold to earn target profit = (Fixed cost + Target profit) ÷ Contribution margin per unit
= ($90,000 + $30,000) ÷ $27
= $120,000 ÷ $27
= 4,444.44 units
