Answer:
b. investing activities
Explanation:
Cash flow can be defined as the net amount of cash and cash-equivalents that is flowing into (received) and out (given) of a business. There are three components of the cash flow;
1. Operating cash flow: all cash generated from the business activities of an organization.
2. Financing cash flow: all payments made by an organization and profits from issuance of debts and equity.
3. Investing cash flow: costs associated with purchasing of capital assets and investments of cash resources in other businesses.
A company purchases equipment for $32,000 cash. This transaction should be shown on the statement of cash flows under investing activities.
Generally, investing activities comprises of purchasing physical assets, investing in securities and the sale of assets or securities associated with the company.
<em>Hence, a company that purchases equipment for $32,000 cash should show the transaction on the statement of cash flows under investing activities.</em>
Answer:
Total weekly pay of August = = $ 1468.75
Explanation:
Annual salary = $30,000
Monthly Salary = $ 30,000/12= $ 2500
Salary for 40 hours * ( 4 weeks) = 160 hours = $ 2500
Salary for 1 hour= $ 2500/160= $ 15.625= $ 15.63
He worked additional 4 hours so pay for four hours is = 4 * 15.63= $ 62.5
But as he is a non exempt employee he is entitled to get 1.5 times higher than normal pay for over time so
he will be paid $ 62.5 * 1.5= $ 93.75 for over time
Commission on Sales = 3 % of $25,000
= $ 750
Weekly pay= $ 2500/4= $ 625
Total weekly pay of August = Weekly pay + Commission + Overtime
= $ 625 + $ 750 + $ 93.75
= $ 1468.75
Answer: Affirmative action.
Explanation:
An affirmative action is a form of action taken that favors members of a particular sex, race, religion, tribe that has been discriminated against in the past. Jake's decision to ensure equal opportunity to all genders is a type of affirmative action.
Solution :
The price per trip is given as ![$=\frac{\text{total cost}}{\text{No. of trips}}$](https://tex.z-dn.net/?f=%24%3D%5Cfrac%7B%5Ctext%7Btotal%20cost%7D%7D%7B%5Ctext%7BNo.%20of%20trips%7D%7D%24)
The number of trips is given as = 800
The total cost calculations are as follows :
Particulars Amount Calculations
Annual cost for automobile van $ 18,000 ![$\frac{45000 \times 2}{5}$](https://tex.z-dn.net/?f=%24%5Cfrac%7B45000%20%5Ctimes%202%7D%7B5%7D%24)
Cost of driver salary $ 80,000 45000 + 35000
Cost of fringe benefits $ 24,000 80000 x 30%
Cost of insurance $ 2,000 ![\frac{6000}{3 \text{ years}}](https://tex.z-dn.net/?f=%5Cfrac%7B6000%7D%7B3%20%5Ctext%7B%20years%7D%7D)
Fuel and maintenance $ 8,000
Total cost $ 132,000.00
Therefore the price per trip ![$=\frac{\$ 132,000}{800 \text{ trips}}$](https://tex.z-dn.net/?f=%24%3D%5Cfrac%7B%5C%24%20132%2C000%7D%7B800%20%5Ctext%7B%20trips%7D%7D%24)
![$= \$ 165 \text{ per trip}$](https://tex.z-dn.net/?f=%24%3D%20%5C%24%20165%20%5Ctext%7B%20per%20trip%7D%24)
Answer: B. Revises comparative financial statements.
Explanation:
When switching from a median Cost method to FIFO method. this sort of switch can always yield a major impact on all financial statements. Any organization which wishes to change would settle on the requirement to scrutinize whether it has to restate its financial data for previous years to reflect the new method or only apply the new method to the present and future years.