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
Alika [10]
2 years ago
10

Kampy Krusty Corp.'s transactions for the year ended December 31, 20XX included the following:

Business
1 answer:
jeka942 years ago
8 0

Answer:

c. $35,000

Explanation:

Calculation to determine what Kampy Krusty's net cash used in investing activities for 20XX was:

Purchase of real estate ($110,000)

Sales of investment securities $100,000

Purchased machinery and equipment ($25,000)

Cash used in investing activities $35,000

Therefore Kampy Krusty's net cash used in investing activities for 20XX was:$35,000

You might be interested in
Although an important artist who used oil and explored its possibilities, ____________ has been incorrectly attributed as the in
Deffense [45]
<span>Although an important artist who used oil and explored its possibilities, Jan Van Eyck has been incorrectly attributed as the inventor of the medium.
Jan Van Eyck was the great artist of the early Netherlands school. He was considered revolutionary within his lifetime, his designs and methods are heavily copied and reproduced. He was the only netherlandish painter who sign his canvases.</span>
7 0
3 years ago
If the price of natural gas rises , when is the price elasticity of demand likely to be the highest?
AlexFokin [52]

If the price of natural gas rises, the price elasticity of demand is likely to be the highest one year after the price increase.

<h3>What is the price elasticity of demand?</h3>

A measure of a product's consumption shift in response to a price change is called price elasticity of demand. The quantity shift in percentage terms divided by the price change in percentage terms is used to determine the price elasticity of demand.

The price elasticity of demand would probably be at its peak if the price of natural gas increased. Elasticity will be strongest in the long run since consumers would start exploring alternatives as a result of ongoing price increases.

Learn more about the elasticity of demand, here:

brainly.com/question/20630691

#SPJ1

5 0
1 year ago
Which would you prefer?
Pavel [41]

Answer:

I would invest in 4% annual yield risk-free bonds from Utopia

Explanation:

I will assume that I am investing $1,000

  • if I invest in a, I will receive $1,000 x 1.04¹⁰ = $1,480.24 in 10 years
  • if I invest in b, I will receive $1,000 x 1.03¹⁰ = $1,343.92 in 10 years
  • if I invest in c, I will receive $1,000 x 1.02¹⁰ = $1,218.99 in 10 years
  • if I invest in d, I will receive $1,000 x 1.03¹⁰ = $1,343.92 in 10 years

Since the 4 bonds are theoretically risk-free, I must choose the one that yields the highest interest rates.

7 0
3 years ago
Larson Company employs a periodic inventory system and reported the following inventory information for the month of August: Aug
grigory [225]

Answer:

LIFO Method

Income Statement

$ 243,216 Sales

-$ 144,300 Cost of Goods

-$ 29,000 Operating Expenses  

$ 69,916 Gross Profit  

$ 69,916 Net Income BEFORE Taxes

-$ 27,267  Tax RATE 39%  

$ 42,649 Net Income after Taxes

Explanation:

With the LIFO Method of Inventory the Gross Profit it's a little lower than with the Weighted Average Method.

The LIFO method means that the first units that are sold  must be at the cost of the last unit purchased an so on.  

The Cost of Goods it's determined by the last purchases made by the company and the inventory it´s valuated   at the cost of the initial units purchased.

WEIGHTED AVERAGE      

Q       Unit USD                 Date inventory

$ 2,600 $ 27                   August 1 Beginning

-$ 1,100 $ 27 $ 29,700  August 6 Sold

$ 1,500 $ 27             Subtotal

$ 1,400 $ 36                   August 15 Purchased

$ 2,900 $ 31                    Subtotal

-$ 1,500 $ 31  $ 47,017   August 18 Sold

$ 1,400 $ 31            Subtotal

$ 0,900 $ 29                   August 23 Purchased

$ 0,600 $ 23                         August 26 Purchased

$ 2,900 $ 29              Subtotal

-$ 2,300 $ 29 $ 66,448  August 29 Sold

$ 0,600 $ 29               Subtotal

$ 1,500 $ 40                   August 30 Purchased

$ 2,100 $ 37 $ 143,166 Subtotal

LIFO    

Q Unit Date inventory                        USD

$ 2,600 $ 27 August 1   Beginning  

-$ 1,100 $ 27 August 6  Sold         $ 29,700

$ 1,500 $ 27                          Subtotal  

$ 1,400 $ 36 August 15 Purchased  

-$ 1,400 $ 36 August 18 Sold         $ 50,400

-$ 0,100 $ 27 August 18 Sold           $ 2,700

$ 1,400 $ 27                         Subtotal  

$ 0,900 $ 29 August 23 Purchased  

$ 0,600 $ 23 August 26 Purchased  

-$ 0,600 $ 23 August 29 Sold         $ 13,800

-$ 0,900 $ 29 August 29 Sold          $ 26,100

-$ 0,800 $ 27 August 29 Sold          $ 21,600

$ 0,600 $ 27                         Subtotal  

$ 1,500 $ 40 August 30 Purchased  

$ 2,100   Subtotal $ 144,300

3 0
3 years ago
Tennyson's ultimate goal is to work as the CEO of an advertising agency. One of her goals is to "gain the required experience fo
ikadub [295]

The type of goal that is been used when Tennyson's ultimate goal is to work as the CEO of an advertising agency and one of her goals is to "gain the required experience for the position is B. time-based goal.

<h3>What is  time-based goal?</h3>

Time-based goal can be described as the goal  that is been focused so that it can be achieved on a  target date,  it involve focusing on a particular thing at a time so as to be successful in it.

In conclusion, from the case above , we can see that her goal is to work as the CEO of an advertising agency which is specific and have time.

Therefore, option B is correct.

Read more about goal at:

brainly.com/question/1512442

#SPJ1

3 0
1 year ago
Other questions:
  • GAAP is comprised of: FASB financial standards. any accounting guidance included in the FASB Codification. FASB standards, inter
    14·1 answer
  • Ken Jones, an architect, organized Jones Architects on April 1, 20Y2. During the month, Jones Architects completed the following
    12·1 answer
  • Qualitative data has been described as voluminous and sometimes overwhelming to the researcher. in what ways could a researcher
    15·1 answer
  • Advanced Analysis) Suppose that the linear equation for consumption in a hypothetical economy is:
    13·1 answer
  • As one of the seven habits of strong ethical leaders,________ is “the glue that holds ethical concepts together.” this trait can
    9·1 answer
  • 1. What is a supply chain? How can managerial accountants help to improve the supply chain?
    12·1 answer
  • PC​ Bell, a computer manufacturer that sells computer systems directly to​ customers, buys a computer chip for ​$150​, software
    9·1 answer
  • In a crosstabulation
    5·1 answer
  • A firm is considering changing their credit terms. It is estimated that this change would result in sales increasing by $1,600,0
    10·1 answer
  • What do you think you'd like best about working as a hospitality manager?
    10·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!