<span>The accounts receivable balance should be $44,700 which is calculated by starting with the current balance of $52,000, subtracting the $14,800 in collections (which lowers the balance), adding the $12,500 of additional debt (which raises the balance), then finally subtracting $5,000 for the money collected on a future debt.</span>
Answer:
Garrett Co. cash flows from operating activities is $61,000.
Explanation:
Garrett Co.
Statement of cash flows (extract)
Net income $56,000
Add Loss on disposal of equipment 5,000
Cash flows from operating activities $61,000
Loss on disposal of the equipment was calculated as Proceeds - net book value, that is $15,000 - $20,000.
Note that purchase of equipment belongs to investing part of the cash flows while proceed from stock issuance and dividend payment belong to financing part of the cash flows
an economy produces 2,400 units of output, employing 60 units of input, and the price of the input is $30 per unit. the level of productivity in this economy is 40
<h3>
What is productivity?</h3>
- It is possible to study patterns in salary growth, wage levels, and technical advancement by further segmenting labor productivity.
- Productivity increase is directly related to corporate earnings and shareholder returns.
- Productivity is a measure of a company's production process efficiency at the corporate level.
- It is calculated by comparing the number of units produced to employee labor hours or by comparing the company's net sales to employee labor hours.
- Productivity is calculated as a company's output divided by the units utilized to produce that output.
- In the workplace, productivity simply refers to how much "work" is completed in a given amount of time.
To learn more about productivity with the given link
brainly.com/question/23987161
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Answer:
Variable Expenses
Desk $115,520
Chairs $19,040
Fixed cost
Budgeted $40,000
Under absorbed $1,800
Explanation:
Variable costs are those will vary will the change in sale or activity level e.g material cost, labor cost etc.
Fixed costs are those which remains fix and does not vary with the change in sale or activity level.
