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3 years ago

Functions of the jse in details

1 answer:

Nookie1986 [14]3 years ago

4 0

Functions of the JSE include: *serves as a link between investors and entrepreneurs. *serves as an indicator of economic conditions. *Provides a regulated vehicle for trading shares.

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A company purchases and uses 40000 gallons of materials for which they paid $3 a gallon. The materials price variance was $90000

iogann1982 [59]

Answer:

the standard price per gallon is $5.25

Explanation:

the computation of the standard price per gallon is given below;

Materials Price Variance = Actual Quantity × (Standard Price - Actual Price)

$90,000 = 40,000 × (Standard Price - $3)

$2.25 = Standard Price - $3

Standard Price = $5.25

Hence, the standard price per gallon is $5.25

The same should be considered

4 0

3 years ago

Selected data (in thousands) derived from the income statement and balance sheet of National Beverage Co. for a recent year are

ss7ja [257]

Answer and Explanation:

The preparation of the cash flow statement is presented below:

Cash flow from operating activities

Net income $49,311

Less: Gain on disposal of property -$1,188

Add: Depreciation expense $11,580

Add: Other items involving non-cash expenses $1,383

Less: Increase in accounts receivable -$1,746

Add: Decrease in inventory $990

Less: Increase in prepaid expenses -$605

Less: Decrease in accounts payable -$710

Less: Decrease in accrued and other current liabilities -995

Cash flow provided by operating activities $58,020

Amortization of intangible assets : Added

Decrease in accounts payable : Decrease

Decrease in accounts receivable : Added

Decrease in accrued and other current liabilities : Decrease

Decrease in inventory : Added

Decrease in prepaid expenses : Added

Depreciation : Added

Gain on disposal of property : Decrease

Increase in accounts payable : Added

Increase in accrued and other current liabilities : Added

Increase in accounts receivable : Decrease

Increase in inventory : Decrease

Increase in prepaid expenses : Decrease

Losses on disposal of property: Added

Other items involving noncash expenses : added

4 0

3 years ago

(a) Explain the quantity theory and<br> (b) how does the theory explains the cause of inflation

Digiron [165]

Answer:

The quantity theory of money defends that the money supply has a determining influence on the price level, that is, that the quantity of circulating money will necessarily be imputed to the value of the quantity of commercial operations that are carried out.

Therefore, this theory establishes that the creation of money without increasing the commercial volume (the total amount of tradable goods) will lead to inflation, since it is not really increasing the economic value of an economy, but only the money supply of it, which is "empty" of value, and therefore is coupled with existing commercial transactions.

8 0

2 years ago

Suppose Blue Hamster Manufacturing Inc, is evaluation a proposed capital budgeting project (project alpha) that will require an

Neko [114]

Answer:

d. $757,991.26

Explanation:

Present value of inflows=cash inflow*Present value of discounting factor(rate%,time period)

= (325,000/1.10) + (425,000/1.10^2) + (450,000/1.10^3) + (400,000/1.10^4)

= $1,257,991.25743

NPV = Present value of inflows - Present value of outflows

NPV = $1,257,991.25743 - $500,000

NPV = 757991.25743

NPV = $757,991.26

8 0

3 years ago

when ben & jerry’s ice cream tests all its proposed new flavors on its own employees at its corporate headquarters in vermon

gtnhenbr [62]

Answer:

lol I did it so I just won’t you get back lol bye bye lol lo but it’s 76

Explanation:

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2 years ago