In this budget, how much money is going toward optional

The statement of cash flows for Baldwin Company shows what happens in the Cash account during the year. It can be seen as a summ

Fynjy0 [20]

Answer:

d) It is a use of cash, and will be shown in the investing section as a subtraction.

Explanation:

The plant improvements will result in cash outflow and is to be considered as an investing activity and not financing activity. It is not a source of cash. So, this option is incorrect.

There will be cash outflows when a company makes plant improvements. It is reported under the investing activity and not under financing activity. So, this option is incorrect.

There will be cash usage when their plant improvements. It is not a source of cash which does not result in cash inflows. So, this option is incorrect.

6 0

3 years ago

Jefferson Company has sales of $302,000 and cost of goods available for sale of $270,200. If the gross profit ratio is typically

mr_godi [17]

Answer:

Ending inventory is $58,800

Explanation:

The formula for the gross profit ratio is as under:

Gross profit ratio = Gross Profit / Sales

And here Sales is $302,000 and Gross profit ratio is 30%.

By putting values we have:

30% = Gross profit / $302,000

Gross Profit = 30% * $302,000 = $90,600

We also know that:

Gross Profit = Sales - Cost of sales

By putting values we have:

$90,600 = $302,000 - Cost of sales

Cost of Sales = $302,000 - 90,600

Cost of Sales = $211,400

The difference between the cost of goods available for sale and cost of goods sold is ending inventory.

Ending Inventory = $270,200 - $211,400 = $58,800

4 0

3 years ago

If a positive externality in consumption is present in a market, then

larisa [96]

Positive externality is a benefit that is enjoyed by a third party as a result of business transaction. Third parties include any individual, property owner or an organisation or a resource that is indirectly affected. If a positive externality in consumption is present in a market, then the private benefit from a consumption will be different than the social benefit from consumption.

8 0

3 years ago

Why is it difficult to compare relative job growth for different-sized businesses? staff size of small businesses tends to chang

Talja [164]

It is difficult to compare relative job growth for different-sized businesses because it is hard to determine the cutoff point at which a small business becomes a large business. It is not easy to know the comparative job development amongst businesses of different sizes. There are not the same parameters leading the size of a small business versus a big business. Moreover, there is no defined point where such a variation can be clearly identified.

5 0

3 years ago

Read 2 more answers

Assume that an employee of a FINRA member firm opens a securities account at another FINRA member firm. If requested, the employ

murzikaleks [220]

Answer:

C) confirmations and account statements

Explanation:

If an employee of a FINRA member firm wants to work for another FINRA firm, he/she must notify his/her employing member firm, and his/her new employer must send duplicate confirmations and account statements only if requested by the member employing firm. The member employing firm does not have to grant any type of approval or permission.

The Financial Industry Regulatory Authority (FINRA) regulates member brokerage firms and exchange markets. FINRA is regulated and overseen by the SEC. They issue licences to individuals and admits companies into the financial trading industry.

3 0

3 years ago