Answer:
it is flowatational
Explanation:
Cash flows from operating activities include:<u>flowatationa</u><u>l</u><u>.</u>a) paying principal to lenders. b) changes in accounts receivable. c) purchases of equipment. d) proceeds from stock issuance.
The company approaches said Youtuber, offering sponsorships, and it is up to the Youtuber to accept or decline
Answer:
Work in process inventory at April 30 is $4,700
Explanation:
In this question, we apply the cost of goods manufactured formula which is shown below:
Cost of goods manufactured = Opening balance of work in progress + total manufacturing cost - ending balance of work in progress
where,
Total manufacturing cost = Direct material + direct labor + overhead
= $27,000 + $30,000 + $8,000
= $65,000
So, the ending balance work in progress equal to
= $9,000 + $65,000 - $69,300
= $4,700
Answer:
I would chose carrier B
Explanation:
The reason i will choose carrier B is because if we consider the cost of capital which is 4% of $70, it is lesser than carrier A.
Calculation
If A = $200
Assuming Maintenance = $60 for 24 month
4% of $60 = 2.4
Now considering we keep replacing the phone after the contract expires and cost of capital is 4%
Therefor: 4% of $60 × 24 =57.6
If we run the same calculation for carrier B,
we have, 4% of %70 = 2.8
therefor: 2.8 × 12 = 33.6
Carrier B is therefore cheaper so ill go for it.
Answer:
Skysong Corporation
Statement of Retained Earnings
Retained earnings balance January 1, 2020 $691,300
Add:
Adjustments to 2019 Income Statement $88,390
Net profits 2020 $1,552,100
Less:
<u>Dividends declared and distributed ($82,000) </u>
Retained earnings balance December 31, 2020 $2,249,790
Since the land purchase was recorded as maintenance expense by error, the 2019 income statement must be adjusted by adding that amount.
