1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
WITCHER [35]
3 years ago
12

Howard Inc. had prepaid rent of $79,000 and $88,000 at the end of Year 1 and Year 2, respectively. During Year 2, Howard recorde

d $244,000 in rent expense in its income statement. Cash outflows for rent in Year 2 were:
Business
1 answer:
vichka [17]3 years ago
7 0

Answer:

the Cash outflows for rent in Year 2 is $253,000

Explanation:

The computation of the Cash outflows for rent in Year 2 is shown below:

Prepaid rent at year 2 $88,000

Add: rent expense $244,000

Less: prepaid rent in year 1 -$79,000

Cash outflows for rent in year 2 $253,000

Hence, the Cash outflows for rent in Year 2 is $253,000

You might be interested in
A work that is created in small scale can communicate __________ .
Snowcat [4.5K]
A work that is created in small scale can communicate intimacy.
3 0
3 years ago
Wendy is calculating her tax deductions. She finds that she can deduct $5,522 from medical expenses, $7,240 from
vladimir1956 [14]

Answer:

d. $14,888

Explanation:

Wendy's total deductions will be the sum of $5,522, $7,240, and $2,126.

Total deductions will be $5,522 + $7,240 + $2,126 =$14,888

4 0
3 years ago
Read 2 more answers
Define internal customers​
iren2701 [21]
Internal customers have a relationship with, and within, your company, either through employment or as partners who deliver your product or service to the end user, the external customer
4 0
3 years ago
Use the following data to calculate the cost of goods sold for the period: Beginning Raw Materials Inventory $ 30,000 Ending Raw
prisoha [69]

Answer:

the cost of goods sold is $250,000

Explanation:

The computation of the cost of goods sold is given below:

= Opening finished goods inventory + cost of goods manufactured - ending finished goods inventory

= $72,000 + $246,000 - $68,000

= $250,000

Hence, the cost of goods sold is $250,000

8 0
3 years ago
Apple is constantly striving to introduce new products into the marketplace. At the initial stage, Apple design teams are separa
Leviafan [203]

Answer:

Idea generation.

Explanation:

The new product development process is a process of taking a product to the market. It is a part of product design. The process continues till the life cycle of product is over.

There are several stages of the new product development.

The stage in which the Apple company is, in the given scenario, is idea generation.

Idea generation is the first stage of the new product development. In this stage, the company seeks for ideas for creating or developing new products.

Therefore, idea generation is the correct answer.

5 0
3 years ago
Other questions:
  • Before Sarah makes any changes based on the Budget Performance Report for September, she wants to be sure she understands the re
    6·1 answer
  • Select the correct text in the passage. Which sentence in the passage shows hazards that an office worker is likely to face? Owe
    12·1 answer
  • Types of current assets
    13·1 answer
  • 3. Explain how perception errors such as the Primacy effect has negative impact on job performance of an individual
    7·1 answer
  • 1. When consolidating the accounts of a parent and subsidiary in subsequent years, eliminating entry (O) recognizes total write-
    9·1 answer
  • Equipment that cost $660,000 and has accumulated depreciation of $300,000 is exchanged for equipment with a fair value of $480,0
    9·1 answer
  • Dusan is a member of the Tonda LLC, and all members have equal interests in capital and profits. The LLC has made an optional ad
    15·1 answer
  • Daniela is a member of a team at a company that handles promotions for minor-league baseball clubs. Daniela’s manager has been r
    7·1 answer
  • During September, the capital expenditure budget indicates a $520000 purchase of equipment. The ending September cash balance fr
    13·2 answers
  • Name the market structure in which agriculture farming operate​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!