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3 years ago

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 48,180

Difference 580 unfavorable

Standard hours × $17

Efficiency variance $9,860 unfavorable

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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.

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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

First, we need to calculate the depreciation expense and accumulated depreciation:

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

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

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

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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

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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.
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Many of the other examples include illegal markets, auction markets, and financial markets.
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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