Answer:
the net cash used (provided) by financing activities is $ 84,600
Explanation:
<em>Under GAAP, the Dividends payment is accounted as a financing Activity.</em>
<u>Cash flow from Financing Activities</u>
Purchase of treasury stock (42,900)
Payment of cash dividend (89,700)
Issuance of common stock 150,700
Retirement of bonds (102,700)
Net Cash flow from financing Activities (84,600)
Answer:
The correct answer is letter "B": The sum of the credits exceeds the sum of the debits in the Income Statement columns on the work sheet.
Explanation:
Net Income, bottom line, or total earnings or profits is a measure of how profitable the company is over a period of time. To find net income, we should take a look at the company's total revenue to subtract any expenses associated with the company's doing business. After deducting taxes from that amount we will have the company's net income.
In the case in the income statement credits exceed debits, the net income of a company is likely to be positive.
Answer:
total manufacturing cost = $60800
Explanation:
given data
Direct materials used = $24,000
Direct labor = $36,800
Sales salaries = $19,200
Indirect labor = $4,800
Production manager's salary = $9,600
Marketing costs = $14,400
Factory lease = $6,400
solution
we get here total manufacturing cost that is express as
total manufacturing cost = Direct Material + Direct Labor ..............1
put here value and we get
total manufacturing cost = $24000 + $36800
total manufacturing cost = $60800
Answer:
Organizing.
Explanation:
As Joanna is a manager at TravelWorld. She has set up a committee to develop procedures for dealing with company-wide training needs and assigned people to conduct specific training programs. Joanna is engaged in organizing management function. In organizing function, effective managers arrange the work to achieve the defined organisational goals. Managers perform the organizing function when they organize and determine the particular tasks which are required to be done, who would be doing what, grouping the tasks, who will be reporting to whom and who is going to make the decisions accordingly.