Answer:
1. Issuance of bonds
Cash-flow classification: Financing activity
2. Sale of equipment
Cash-flow classification: Investing activity
3. Amortization expense
Cash-flow classification: Operating activity
4. Purchase of treasury stock
Cash-flow classification: Financing activity
5. Receipt of dividends on investment
Cash-flow classification: Operating activity
6. Purchase of land
Cash-flow classification: Investing activity
Answer:
$35,400
Explanation:
The total cost is the sum of the direct and indirect costs. The direct cost is made up of the direct material and direct labour costs. The indirect cost or overheads is a cost to be apportioned based on the estimated total for the year and the units produced during the period
Total direct cost for January = 600 ($20 + $30)
= $30,000
Total indirect cost for January = 600/6000 * $54,000
= $5,400
The total cost of the units made in January was
= $30,000 + $5,400
= $35,400
I believe the answer is: Start time
This term define how a next phase of a certain plan could be started even before the previous phase is finished. Negative lag time typically would reduce the amount of time needed by the team to complete their projects, but it increase the likelihood of mistakes from occuring.
Answer: B) GNMAs are considered to be the riskiest of the agency issues
Explanation:
The Government National Mortgage Association (GNMA) or <em>Ginnie Mae</em> as they are popularly known, are a Federal agency that guarantee the payment of interest and principal on securities by lenders that are approved by the Agency.
As a result, these securities are backed, like Treasury Bills, by the full faith and credit of the United States Government which means that they are the safest of Agency issues.
Answer:
1. Acquired cash from the issue of common stock. - Assets (I) Liabilities (NA) Equity (I)
2. Paid cash to reduce the principal on a bank note. - Assets (D) Liabilities (D) Equity (NA)
3. Sold land for cash at an amount equal to its cost. - Assets (NA) Liabilities (NA) Equity (NA)
4. Provided services to clients for cash. - Assets (I) Liabilities (NA) Equity (I)
5. Paid utilities expenses with cash. - Assets (D) Liabilities (NA) Equity (D)
6. Paid a cash dividend to the stockholders. - Assets (D) Liabilities (NA) Equity (D)
Explanation:
The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as
Assets = Liabilities + Equity
While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.
Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.
