Answer:
$264,600
Explanation:
The computation of net cash provided (used) by financing activities is shown below:-
Net cash inflow (Cash provided) by financing activities = Proceeds from bond issue - Dividend Paid
= $301,700 - $37,100
= $264,600
Therefore for computing the net cash provided (used) by financing activities we simply applied the above formula.
Answer:
in a community, there are 10% More boys than girls, 15% more women than men and 20% more children than adult. if the population of the villagers is not more than 6000, find the actual number of boys, girls, women and men
Total population= <6000
10/100x6000= 600
girls = 600
boys= 660
15/100x6000= 900
women= 990
men= 900
20/100x6000=1200
children= 1240
adult= 1200
Explanation:
Answer:
separates costs into fixed and variable component
can assist with management decision making
Explanation:
The contribution margin may be defined as when we deduct the expenses of the variable from sales. Where contribution margin shows the organization revenue is contributing to net income and fixed cost.
The statement of contribution margin income tells of the earnings at various stages of operations.
This report of income is not used for external reporting purposes but rather for internal decision making by the management.
Therefore according to the above description, the last two statements are correct.
Answer:
Cruz Company
Indicating whether to (a) record a liability, (b) disclose in notes, or (c) have no disclosure.
Transaction Remark
1. Guarantee of supplier's debt (c) have no disclosure
2. Damages for disgruntled employee (b) disclose in notes
Explanation:
When it is not probable that the supplier whose debt is guaranteed by Cruz will default on the debt, there is no need to make a disclosure since probable liability is not accruing to Cruz. But with the legal case of a disgruntled employee, Cruz should disclose the information in a note. It can only be recorded as a liability when the amount of the damages can be reasonably estimated.
Answer:
The correct answer to the following question is option C) $1800.
Explanation:
Given information -
Product sales - 1000 units
Sales price - $10
Variable manufacturing cost - $5.50 per unit
Fixed manufacturing overhead - $1200
Variable selling and administrative costs - $.50 per unit
Fixed selling and administrative cost - $1000
Units produced - 1200 units
Manufacturing contribution per unit = Sales price per unit - Variable
manufacturing cost per unit
= $10 -$5.50
= $4.50
Manufacturing contribution margin -
Number of units sold x manufacturing contribution per unit
= 1000 x $4.50
= $4500
While the contribution margin per unit -
$4.50 - $.50
= $4
which means the total contribution margin would be 1000 x $4
= $4000
And now subtracting Fixed manufacturing overhead and Fixed selling and administrative costs from the total contribution margin to get the operating income -
$4000 - $1200 - $1000
= $1800
