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ddd [48]
2 years ago
14

Kela Corporation reports net income of $470,000 that includes depreciation expense of $83,000. Also, cash of $44,000 was borrowe

d on a 6-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Choice $514,000. $553,000. $597,000. $387,000.
Business
1 answer:
MA_775_DIABLO [31]2 years ago
3 0

Answer:

The Total cash inflows from operating activities are $553,000

Explanation:

According to the given data, the Statement of Cash Flow from Operating Activities would be as follows:

Statement of Cash Flow from Operating Activities  

Particulars Amount                             Total Amount

Income              $470,000  

Depreciation      $83,000  

Cash flow from operating activities        $553,000

The cash of $44,000 was borrowed on a 6-year note payable. It is Financing Activity since note is long term

Therefore, total cash inflows from operating activities are $553,000

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Darwin Inc. sells a particular textbook for $29. Variable expenses are $21 per book. At the current volume of 44,000 books sold
Dvinal [7]

Answer:

The answer is A

Explanation:

To start with;

Contribution margin per unit = selling price($29) - variable cost($21)

$29 - $21

= $8 per book...

So break even sales =fixed cost(expense) / contribution margin.

Break even sales is 44,000 units and contribution margin is $8.

Therefore, fixed cost or expenses=

Break even sales x contribution margin

44,000 x $8

=$352,000

7 0
3 years ago
The Bretton Woods institutions are reflective of a ________ economic perspective. a. constructivist b. statist c. liberal d. mer
ser-zykov [4K]

Answer:

C is the correct answer.

Explanation:

The result of the Bretton Woods System was launched after the end of the world war. It was a liberal system as it aimed to set an open system of international trade in goods and services. It was also facilitated by semi-fixed exchange rates. But at the same time, it wanted to embed the market forces in a framework where they could be controlled by National Governments so that they can control the international capital flow. And for this purpose, The world Bank and International Monetary fund were created.

7 0
3 years ago
Mccaskell corporation's relevant range of activity is 7,000 units to 11,000 units. when it produces and sells 9,000 units, its a
vodka [1.7K]

Answer:

$79,600

Explanation:

Calculation for what the total amount of direct manufacturing cost incurred will be :

Direct material $50,400

(8,000 x $6.30)

Add Direct labor $29,200

(8,000 x $3.65)

Total Direct cost $79,600

Therefore the total amount of direct manufacturing cost incurred is closest to: $76,600

3 0
2 years ago
From June to the end of September, Jennifer wants to save at least $1,500. Her monthly expenses are $600. Jennifer saves whateve
kakasveta [241]

The minimum sales required by Jennifer to meet her savings goal must be $26.25 per hour or $2100 for September.

Given that,

Savings desired = $1500

Monthly expenses = $600

Let money earned by her every hour be x

No. of scheduled work hours = 80

So,

Total money earned for the month = 80 × x

= 80x

As we know,

Money left = Total money earned - expenses

= 80x - $600 ...(i)

A.T.Q.

Money left must be = $1500

Then, by putting the variables in equation (i), we get

80x - 600 = 1500

Now, solving for  x

80x - 600 = 1500

        +600 = + 600

_______________

80x = 2100

x = 2100/80

∵ x = 26.25

Thus, the required sales are $ 26.25 per hour or ( 26.25 × 80 = $2100) for the month of September.

Learn more about 'savings' here:

brainly.com/question/18051939

4 0
2 years ago
Assume the following: The variable portion of the predetermined overhead rate is $3.00 per direct labor-hour. The standard labor
Artemon [7]

Answer:

Variable overhead efficiency variance= $3,000 favorable

Explanation:

<u>To calculate the variable overhead efficiency variance, we need to use the following formula:</u>

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Standard quantity= 3*15,000= 45,000 hours

Actual quantity= 44,000 hours

Standard rate= $3 per hour

Variable overhead efficiency variance= (45,000 - 44,000)*3

Variable overhead efficiency variance= $3,000 favorable

4 0
2 years ago
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