Answer: $50,000
Explanation:
From the question, we are informed that a machine with a cost of $130,000 and accumulated depreciation of $85,000 is sold for $50,000 cash.
The amount that should be reported as a source of cash under cash flows from investing activities will be $50,000. It should be noted that only cash effects of transaction has to be added to the cash flow statement.
Answer:
$1.2
Explanation:
The computation of earning per common share is shown below:
Earning per share = (Net income) ÷ (Number of shares)
where,
Net income = $510,000
And, the number of shares = $400,000 + $100,000 × (3 months ÷ 12 months)
= $400,000 + $25,000
= $425,000
The 3 months is calculated from October 1 to December 31
Now put these values to the above formula
So, the value would equal to
= $510,000 ÷ $425,000
= $1.2
The distribution organizes data by recording all the values observed in a sample as well as how many times each value was observed.
Data distribution is a function that provides all possible values of a variable and also quantifies their relative frequencies (probabilities of how often they occur). Distributions are considered for all populations in which the data are spread out. Another example is a pie chart showing the percentages of different substances that make up the complete object.
We divided the distributions into two categories, depending on the type of organizes data you are using. Discrete distributions for discrete data (finite results) and continuous distributions for continuous data (infinite results).
Learn more about organizes data at
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Answer:
Effect : Increase in Break Even units by 3,750 units to 18,750 units
Explanation:
Break even point is the level of activity at which a firm makes neither a profit nor a loss
Break even Point (Units) = Fixed Costs ÷ Contribution per unit
where,
Contribution per unit = Selling price per unit - Variable Costs per unit
= $12 - $8
= $4
Therefore,
<u>Before Increase</u>
Break even Point (Units) = $60,000 ÷ $4 = 15,000
<u>After Increase</u>
New Contribution = $12 - ($8× 1.10)
= $3.20
Therefore,
Break even Point (Units) = $60,000 ÷ $3.20 = 18,750
People believed that the plants surrounding the potato were poisonous nightshade like what the tomato had. They also avoided it because they believed that it's "unattractive" appearance. They finally became accustomed to using it after they discovered that it was suitable to grow in harsh conditions or where nothing else would have grown.
