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nata0808 [166]
3 years ago
10

Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sal

es $ 605,000 Cost of goods sold 425,000 Salaries 115,000 ($25,200 is indirect) Utilities 14,500 ($5,800 is indirect) Depreciation 48,600 ($17,500 is indirect) Office expenses 28,200 (all indirect) 1. Prepare a departmental income statement for 2019. 2.
Business
1 answer:
ElenaW [278]3 years ago
3 0

Answer:

Please find the attached file for the complete solution:

Explanation:

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​Connecticut, Inc. uses the indirect method to prepare its statement of cash flows. Refer to the following portion of the compar
11111nata11111 [884]

Answer:

Net cash used by investing activities  -$16,000

Explanation:

The computation of the amount of net cash provided or used by investing activities is shown below:

Equipment purchase for cash            -$66,000  

Proceeds from the sale of equipment $50,000  

Net cash used by investing activities  -$16,000

The purchase is a cash outflow so it is in negative sign while the sale is cash inflow so it is to be shown in a positive sign

6 0
3 years ago
During the Industrial Revolution in the 18th and 19th century, managers who could make minor improvements in management tactics
Arada [10]

The Industrial Revolution is well known in history. During the Industrial Revolution in the 18th and 19th century, managers who could make minor improvements in management tactics were noteworthy because;

  • They produced goods and services due to high increases in production quantity and quality.

<h3>What is the role of management in the Industrial Revolution?</h3>

The Industrial Revolution is known to result in the advent of better and faster technology that helps firms to carry out task more efficiently.

It also help management to greatly increase their output.so as to meet demand of the people and increased production.

Learn more about Industrial Revolution from

brainly.com/question/13323062

5 0
3 years ago
4. Will car insurance be more expensive leasing a car or buying a car?​
Snezhnost [94]

Answer:

Insurance companies are primarily concerned with your driving record and the type of vehicle you are insuring. Insurance rates are based on how safe of a driver you are and the amount they will have to pay out if you total your vehicle. It makes no difference to them if you have leased the car or purchased it.

3 0
3 years ago
Read 2 more answers
2. What are some ways you should categorize your financial documents (choose all that apply)
drek231 [11]

Answer:

<h2><u>Credit Card Statements</u></h2><h2><u>Tax Returns </u></h2><h2><u>Bank Statements</u></h2>

Explanation:

<em>Hope this helps :)  </em>

<em>Pls make brainliest :3  </em>

<em>And have an amazing day <3</em>

4 0
3 years ago
Modern Federal Bank is setting up a brand-new branch. The cost of the project will be $1.2 million. The branch will create addit
KonstantinChe [14]

Answer:

23.12%

Explanation:

Internal rate of return (IRR) is the rate at which the Net present value (NPV) of a project equals to zero.

Using a financial calculator and the CF function, input the following to find IRR;

Initial investment; CF0 = -1,200,000

Yr1 cashflow inflow ; C01 = 235,000

Yr2 cashflow inflow ; C02 = 412,300

Yr3 cashflow inflow ; C03 = 665,000

Yr4 cashflow inflow ; C04 = 875,000

Then key in IRR CPT = 23.119%

Therefore, the Internal rate of return this expansion is 23.12%

3 0
3 years ago
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