Answer:
B : an entry on the left side of an account.
Explanation:
There are two terms i.e debit and credit.
The accounts that reported as an expense, losses, assets are recorded in the left-hand side of an account as it contains the debit balance.
While the account reported as a revenue, gains, liabilities & stockholder equity are recorded in the right-hand side of an account as it contains the credit balance.
Answer:
Dividend yield = 227.06%
Explanation:
Assuming the Closing stock market summary for Baldwin company is $44.05
Dividend yield = Dividend * 100 / (Price* (1 + growth rate) )
Dividend yield = 1.10 * 100 / (44.05 * (1+0.10) )
Dividend yield = 1.10 * 100 / (44.05 * 1.10)
Dividend yield = 110 / 48.455
Dividend yield = 2.2706
Dividend yield = 227.06%
Answer:
The answer is: C) $14,000
Explanation:
ABC Tax Planning Services paid six months of rent in advance, from January to July. It spends $7,000 per month on rent, so the six months prepaid rent would be $42,000. On April 30, 2018, ABC had already rented the offices for 4 months, so it had only two months left in its Prepaid Rent account, equivalent to $14,000 (2 x $7,000).
Answer:
23,000 units
Explanation:
Beginning WIP inventory + Units started into production = Ending WIP inventory + Units completed and transferred out
Units started into production = Ending WIP inventory + Units completed and transferred out - Beginning WIP inventory
= 6,000 + 25,000 - 8,000 = 23,000
Answer:
Please see the solution below:
Explanation:
CASH FLOWS FROM OPERATING ACTIVITIES $
Net Income 308,000
<em>Adjustments to reconcile net income to </em>
<em>net cash provided by operating activities: </em>
Depreciation on Fixed Assets 19,000
Amortization of bond premium 3,800
<em>(Increase) Decrease in Current Assets:</em>
Inventory (2,400)
Accounts Receivables (1,480)
<em>Increase (Decrease) in Current Liabilities:</em>
Interest Payable (1,680)
Accounts Payable 7,800
NET CASH PROVIDED BY OPERATING ACTIVITIES 333,040
