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2 years ago

Cash Flows from Investing Activities would involve all of the following except:

Business

1 answer:

Luda [366]2 years ago

6 0

Answer:

Explanation:

there are three types of cash flows:

1. Investing cash flow - It involves the use of long term cash. it is the cash flow generated from the purchase and sale of fixed asset e.g. Sale of plant assets.

2. operating cash flow - it shows the net amount of cash generated from a company's normal business operation

3. financing cash flow - it shows the net amount of funding a company receives over a given period e.g. issuance of common stock

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Adam Holmes is the Processing Manager of Empire Mortgage Company, a firm that processes loan applications for a number of region

Elina [12.6K]

Answer:

a. Labor variances for 14 PT staff:

Labor rate variance = (Standard Rate – Actual Rate) x (Actual time per app) * (number of apps. completed)

= ($50 - $52) x 1.40 x 2,604

= $7291.20 (Unfavorable)

Labor Efficiency variance = [(Standard hours per app. X number of app.) - (Actual time per App. * number of apps.)] * Std. rate

= [(1.20 * 2,604) - (1.40 * 2,604)] * $50

= [3,124.80 - 3,645.60] * $50

= $26,040 (Unfavorable)

Labor Cost variance = Labor rate variance + Labor efficiency variance

= $7,291.20 (Unfavorable) + $ 26,040 (Unfavorable)

= $33,331.20 (Unfavorable)

Labor variances for 10 SD staff:

Labor rate variance = (Standard Rate – Actual Rate) x (Actual time per app) * (number of apps. completed)

= ($45 - $47) * 1.20 * 1,600

= $3840 (Unfavorable)

Labor Efficiency variance = [(Standard hours per app. X number of app.) - (Actual time per App. * number of apps.)] * Std. rate

= (1.40*1,600) – (1.20*1,600)]*$45

= [2,240 – 1,920] * $45

= $14,400 (Favorable)

Labor Cost variance = Labor rate variance + Labor efficiency variance

= $3,840 (Unfavorable) + $ 14,400 (Favorable)

= $10,560 (Favorable)

5 0

3 years ago

Miguel Alvarez in the accounting department at Baumer Company has provided the following information:

Mekhanik [1.2K]

Answer:

$10.65

Explanation:

The computation of the incremental manufacturing cost in the case when the production level is changed

= Direct material cost per unit + direct labor cost per unit + variable manufacturing overhead per unit

= $6.25 + $3.20 + $1.20

= $10.65

Here the fixed cost would not be relevant

8 0

3 years ago

Is the sales manager a subordinate? explain why?

Dafna1 [17]

Depending on your use of marketing and sales as complementary or subordinate functions, you can create a management structure that ensures no important duties fall through the cracks.

8 0

3 years ago

You will receive $4,000 at graduation 3 years from now. You plan on investing this money at 5 percent annual interest until you

attashe74 [19]

Answer:

It will take approximately 55 years

Explanation:

The future value of a lump sum is the amount expected at a future date when a sum of money is invested today at a particular rate of interest for certain number of years

FV = PV × (1+r)^(n)

FV= 50,000, PV = 4,000, n-?, r- 5%

50,000 = 4,000 × (1.05)^n

divide both sides by 4000

12.5 = 1.05^n

n= log 12.5/log 1.05

n = 51.8

The number of years = 51.8 + 3 years

=54.767

Approximately 55 years

It will take 55 years

8 0

2 years ago

Sebadoah is a barber who does his own accounting for his shop. when he buys supplies he routinely debits supplies expense. sebad

Yakvenalex [24]

Sebadoah should decrease his supply expense to 1,100 for the month of February. The extra $100 is just in case the month of February is busier and he'll have enough to supplies for the demand.

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3 years ago