Answer: d. a deduction of $80,000 under financing activities.
Explanation:
Under the indirect method of showing cashflows, there are 3 sections being the Operating section, the investing section and the financing section.
The relevant section is the financing section. Financing activities are those transactions that relate to the business raising capital to fund their operations. They do this through long term debt and equity.
Dividends is a payment to shareholders and so falls under equity so by extension falls under the financing section. As dividends reduce the amount of money the company has, it is also a deduction.
The correct options are
A)$4,332B)$3,734C)$3,072D)$5,086
Answer:
$5086
Explanation:
Total cost is defined as the amount spent in a production process which involves variable cost such as labour and raw materials which change with volume of production.
In addition fixed cost that remain constant with volume of production are also considered as part of total cost.
In the give scenario
Direct materials is $3,044
Direct labour cost is $15 * 46 = $690
Machine use cost $13 * 104 = $1,352
Total cost = 3,044 + 690 + 1,352 = $5,086
Answer:
a. The role of Finance is to use the numbers developed through accounting to aid in decision making.
Explanation:
Finance department is solely responsible for making any conclusions from the financial statements.
Accounts basically helps in maintaining and preparing the financial statements and it represents the true and fair view.
But all the conclusions are drawn by the finance department.
That is the basic role of financing to help the management, draw conclusions and from such conclusions the decisions for further running the business.
Answer:
$19,870.39
Explanation:
To find the amount that you will have to deposit today, you have to use the formula to calculate the present value:
PV=FV/(1+i)^n, where
PV= Present value
FV= Future value=$25,000
i= interest rate=4.7%
n= number of periods of time= 5 years
PV=25,000/(1+0.047)^n
PV=25,000/(1.047)^5
PV=19,870.39
According to this, the answer is that you will have to deposit today $19,870.39.