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Montano1993 [528]
3 years ago
8

Classlfylng Items on the Indirect statement of cash flows [10 mln]

Business
1 answer:
il63 [147K]3 years ago
3 0

Answer:

Please see the answers below:

Explanation:

(O+) a. Increase in accounts payable

(F-) b. Payment of dividends

(O-) c. Decrease in accrued liabilities

(F+) d. Issuance of common stock

(O-) e. Gain on sale of building

(O+) f. Loss on sale of land

(O+) g. Depreciation expense

(O-) h. Increase in inventory

(O+) i. Decrease in accounts receivable

(I-) j. Purchase of equipment

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Hassock Corp. produces woven wall hangings. It takes 4 hours of direct labor to produce a single wall hanging. Hassock standard
navik [9.2K]

Answer:

Efficiency variance  =$9,860   unfavorable

Explanation:

Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate

                                                                                                  Hours

11,900 units should have take (11,900× 4hrs)                          47,600                      

but did take                                                                              <u>48,180</u>

Difference                                                                                   580  unfavorable

Standard hours                                                                     <u> ×   $17 </u>

Efficiency variance                                                           <u>$9,860   unfavorable</u>

5 0
3 years ago
in the U.S. cash takes which forms? bills and coins /bonds and treasuries /dollars and Euros/reserves and treasuries
Eva8 [605]
I believe it is Bills and Coins.
7 0
3 years ago
On January 1, 2018, Lumos Company purchased a machine for $70,200. Lumos uses straight-line depreciation and estimates an eight-
jeka94

Answer:

Gain= $4,200

Explanation:

Giving the following information:

Purchase price (2018)= $70,200

Salvage value= $5,400

Useful life= 8 years

Selling price= $42,000

<u>First, we need to calculate the depreciation expense and accumulated depreciation:</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (70,200 - 5,400) / 8

Annual depreciation= $8,100

Accumulated depreciation (ending 2021)= 8,100*4= $32,400

<u>If the selling price is higher than the book value, the company gain from the sale. Now, we need to determine the book value.</u>

<u></u>

Book value= purchase price - accumulated depreciation

Book value= 70,200 - 32,400= $37,800

Gain/loss= selling price - book value

Gain/loss= 42,000 - 37,800

Gain= $4,200

6 0
3 years ago
Given the acquisition cost of product Z is $43, the net realizable value for product Z is $37, the normal profit for product Z i
Gnom [1K]

Answer:

proper per unit inventory value for product Z applying LCM is $38

Explanation:

given data

cost of product Z  = $43

net realizable value product Z = $37

normal profit for product Z = $2

market value product Z = $38

solution

first we get here difference between Net realizable value and  profit that is

Net realizable value - normal profit

= $37  - $2

= $35

so here now we get proper per unit inventory is

proper per unit inventory = lower of cost or market value

so here market value product Z is lower so

proper per unit inventory value for product Z applying LCM is $38

7 0
3 years ago
the market risk premium equals the question 37 options: risk-free rate of return plus the inflation rate market rate of return m
Novosadov [1.4K]

The Market Risk Premium (MRP) is the difference between the market portfolio's expected return  and the risk-free rate.

<h3>What is market ?</h3>
  • A market is a place where buyers and sellers come together to facilitate the exchange and trading of goods and services.
  • A market place can be physical, like a retail store, or virtual, like an e-merchant.
  • Many of the other  examples include illegal markets, auction markets, and financial markets.
  • The structure of the economic market  can be divided into four categories: Perfect competition, monopoly competition, oligopoly,  monopoly.
  • Categories differ in the following characteristics: The number of producers is large in monopoly competition, few in oligopoly, and he is one in monopoly.
  • Markets matter. Markets are the mechanisms through which shares of a company  are bought and sold, providing companies with access to cash.
  • Markets are very important for pricing, liquidity transformation, and enabling businesses to meet customer needs.

To learn more about market from the given link :

brainly.com/question/25754149

#SPJ4

6 0
1 year ago
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