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3 years ago

Demers Inc. reported the following data:

Business

1 answer:

elena-s [515]3 years ago

7 0

Answer:

Cash Flows from Operating Activities is 555.050

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income. Below you will find the added account with a plus (+) and the subtracted ones with a minus (-)

Notice the amounts of any decreases are in parentheses.

Net income 490.000

Adjustment to reconcile the net income to cash

+ Depreciation expense 52.000

- Gain on disposal of equipment (7.000)

+ Decrease in accounts receivable 32.400

- Decrease in accounts payable (12.350)

Net cash 555.050

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Empire Industries is considering adding a new product to its lineup. This product is expected to generate sales for four years a

Andreyy89

Answer:

The project's net present value if the firm wants to earn a 13 percent rate of return is c. $4,312.65

Explanation:

The Net Present Value of a Project is Calculated by Taking the Present Day (Discounted) Value of All future Net Cashflows based on the Business Cost of Capital and Subtracting the initial Cost of the Investment.

Using A Financial Calculator Cf Function:

Cf0 = -62,000

Cf1 = 16.500

Cf2 = 23,800

Cf3 = 27,100

Cf4 = 23,300

IRR = 13 %

NPV = 4,312.65

7 0

4 years ago

Read 2 more answers

The Mixing Department of Complete Foods had 62,000 units to account for in October. Of the 62,000 units, 38,000 units were compl

Harman [31]

Answer:

The total equivalent units of production are as follows:

For direct materials = 62,000 units

For conversion costs = 42,000 units

Explanation:

These can be computed by preparing statements of equivalent units as follows:

Statement of Equivalent Units (EU) (Weighted average)

For October

For Materials

Particulars Units (a) Complete (%) (b) EU (c = a * b)

Transferred 38,000 100% 38,000

Ending WIP 24,000 100% 24,000

Total 62,000  62,000 

Statement of Equivalent Units (EU) (Weighted average)

For October

For Conversion Costs

Particulars Units (a) Complete (%) (b) EU (c = a * b)

Transferred 38,000 100% 38,000

Ending WIP 24,000 20% 4,800

Total 62,000  42,000 

Conclusion

The total equivalent units of production are as follows:

For direct materials = 62,000 units

For conversion costs = 42,000 units

5 0

3 years ago

1. What kinds of resources can likely be shared across different brands between an apparel maker and a footwear maker? What kind

shtirl [24]

Explanation:

Apperel maker and footwear maker are industries that use as common resources such as packaging, distribution, marketing and selling operations.

On the other hand, the resources that are unlikely to be shared, we can mention different types of machinery for confection, raw material and specialized professionals.

5 0

4 years ago

Read 2 more answers

When marine life is limited due to the lowest supply of any one of the essential requirements for life, the law of the _________

Anna007 [38]

Minimum I think is the answer

3 0

4 years ago

Assume that the short-run cost and demand data given in the tables below confront a monopolistic competitor selling a given prod

sesenic [268]

Answer:

$35

Explanation:

Note the formula:

Total revenue (TR)= Price (P) x Q and Marginal revenue (MR) = Change in TR / Change in Q

Total Revenue for 2 units of output sold

= 2 x $50 = $100

Total Revenue for 3 units of output sold

= 3 x $45 = $135

The Marginal Revenue=

Change in TR (135-100) / Change in quantity (3-2)

= $35/1

= $35

Therefore, the Marginal Revenue If the firm sells 3 units of output, will be $35.

7 0

3 years ago