Answer:
C. Increase in retained earnings for the period
Explanation:
The Standard that deals with the Presentation and discloser of Cash flow statement (IAS7) requires that the items that do not involve the use of cash must be disclosed separately. That means item C , increases in retained earnings for the period is disclosed separately since it does not involve the use of cash.
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<u>Answer:</u> Forrester only surveyed a sample, a small portion of the people that represent consumers who shop online.
<u>Explanation:</u>
To collect data from the people through survey. Forrester research chooses a small portion of people to represent the online shopping customers. The small portion of people chosen is called the sample. As the entire people cannot be surveyed because it is complicated and time consuming.
Statistically sample is defined as the subset of the population of interest. Survey is collecting data and opinions from the people. This survey with subset of population is called as sample survey.
Answer:
Debit Work in Process Inventory $113,000;
Debit Factory Overhead $18,000.
Explanation:
$82,000 of direct labor related is associated with assembly department.
and $31,000 of labor not directly related to the product but related to the Assembly Department as a whole . Therefore its a indirect cost means overhead
$18,000 of labor services this cost is not associated with the product, but indirectly incurred in making material to the final product. hence this cost is also part of indirect cost.
Answer:
ROE = 9.23%
ROIC = 7.62%
Explanation:
Data:
Net Income NI = $24,000
Interest Expense IE = $5,000
Tax Rate T = 25% = 0.25
Notes Payable NP = $24,000
Long-term debt LTD = $80,000
Common Equity CE = $260,000
Return On Equity ROE = ?
Retrun On Invested Capital ROIC = ?
Earnings Before Taxes EBT = ?
Invested Capital IC = ?
Earnings Before Taxes and Interest EBIT = ?
Calculations:
%
%
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