Answer:
b) higher
Explanation:
As we know that the bondholders would be have more priority as compared with the shareholders either they have high risk as compared with the bond holders
So as per the given situation, in the case when the stockholder has the residual claim on all the assets after the payment of debt. This leads to high risk as compared with the bondholders
Therefore the correct option is B.
Answer:
C. Expenditures
Explanation:
Based on the information provided within the question it can be said that the Parks Department should use an expenditures account to record these billings. Expenditures refers to the action of spending funds to purchase goods or services on behalf of the company. Such purchases can include vehicle rentals like what was billed for the Parks Department.
Workplace diversity benefits the employers
According to data, employers who have a wide diversity in their employees tend to :
- Have less discrimination lawsuit
- increased productivity
- and a more positive company image in the eyes of society
Answer:
Purchase= 14,500 pounds
Explanation:
Giving the following information:
the total pounds needed for production in the current period is 14,000. Beginning inventory= 2,000 pounds
Desired ending inventory= 2,500 pounds
To calculate the direct material purchase, we need to use the following formula:
Purchase= direct material for the period + desired ending inventory - beginning inventory
Purchase= 14,000 + 2,500 - 2,000
Purchase= 14,500 pounds
Answer:
Gutierrez Company
Cash Flow statement
for the year 2017
$
Net Income 225,000
+ Depreciation 45,000
+ Decrease in receivable 15,000
+ Increase in payable 17,000
+ Decrease in prepaid expenses <u> 4,000 </u>
Net cash flow from operating activities <u>306,000</u>
Explanation:
Depreciation is an non cash expense so it will be added to the net profit for the calculation of cash flow from operating activities. Decrease in receivable, Increase in payable and decrease in prepaid expenses result in the inflow of cash. So, they are all added in the operating income value.
