Answer:
a. In Rapid Pac's statement of cash flows, what were net cash inflows (or outflows) from investing activities for 2016?
Proceeds from sale of land $10.8
Purchase of Microsoft common stock -$162.0
net outflow = -$151.2 million
b. In Rapid Pac's statement of cash flows. what were net cash inflows (or outflows) from financing activities for 2016?
Payment for the early extinguishment of long-term bonds (book value: $91.0 million) -$91.0
Proceeds from the sale of treasury stock (cost: $27.0 million) $32.0
Distribution of cash dividends declared in 2020 -$58.0
net outflow = -$117 million
Answer:
d) partly a variable cost and partly a fixed cost.
Explanation:
CVP income statement is also known as cost volume profit income statement, it is generally a product of CVP analysis and it include five elements:
- Price of products.
- Volume of activity.
- Variable cost per unit.
- Total fixed cost.
- Mix of product sold.
CVP analysis are conducted to know how changes in cost and volume would impact company´s operating income and net income. It require all the cost of company should be segregated into variable and fixed cost. It also calculate contribution margin, which help to identify the profit of company before deducting fixed cost.
Answer:
The statement is: True.
Explanation:
The Adjusted Gross Income (<em>AGI</em>) is a measure based on individuals' gross income that serves as the basis for different deductions, among them, taxes. Taxpayers can request a tax credit based on certain expenditures that can be eligible for deduction. To do so, they must itemize those expenses in <em>Form 1040</em> (Schedule A). Otherwise, the deduction will be based on the taxpayer's AGI.
Llcs are mainly capitalized via Equity or through the sale of Debts ownership in the llc itself.
What is Equity?
Equity is the sum of money invested in or owned by a company's owner. The difference between a firm's obligations and assets on its balance sheet indicates how much equity the company has. The equity value is calculated using the share price or a value established by valuation specialists or investors.
Therefore,
Llcs are mainly capitalized via Equity or through the sale of Debts ownership in the llc itself.
To learn more about equity from the given link:
brainly.com/question/1957305
