Answer:
Given list of cash activities is divided among operating activities, financing activities and investing activities in the explanation section.
Explanation:
- Paid for Advertising Operating Activity
- Paid for Office Equipment Investing Activity
- Issued Capital Stock Financing Activity
- Paid officers salaries Operating Activity
- Sold services Operating Activity
- Paid rent : Operating Activity
- Paid dividends: Financing Activity
- Issued a note payable: Financing Activity
- Paid rent: Operating Activity
- Sold excess office equipment: Investing Activity
Operating Activities include cash generated from operations, Interest Paid and Tax Paid.
Investing Activities include payment to acquire or proceeds from sale of property, plant and equipment, proceeds from government grants, interest and dividend received.
Financing Activities include proceeds from issue of shares, proceeds from long term borrowings, dividends paid etc.
Answer:
1. The company's manufacturing cycle time is 17.4 days.
2. The company's manufacturing cycle efficiency is 0.40
Explanation:
1. Manufacturing cycle time
= Process time + inspection time + move time + wait time
= 7 + 0.6 + 4.8 + 5
= 17.4 days
Therefore, The company's manufacturing cycle time is 17.4 days.
2. manufacturing cycle efficiency
= process time/manufacturing cycle time
= 7/17.4
= 0.40
Therefore, The company's manufacturing cycle efficiency is 0.40
Answer:
The statement is TRUE. Time Hop was concerned with physical design
Explanation:
Tech giant, TimeHop was concerned about creating a workspace that was inviting and encouraged collaboration. Knowing that most of its employees would work odd hours, there was care taken to lighting choices and types of furniture. TimeHop was concerned with physical design.
The statement is true.
Answer: The actual cost of materials was less than the standard cost
Explanation:
Net materials cost variance = Favorable materials price variance + Favorable materials quantity variance
= 380 + (-120 unfavorable)
= 380 - 120
= $260 favorable
<em>As the materials cost variance is favorable, it means that the actual cost of materials was less than what was budgeted for it or rather its standard cost. </em>
Answer:
Government authorities :
They will use the financing statement to ensure the fairness of the business and to receive proper amount of tax.
Investors :
Current or potential investors would check financial statements to ensure they will suitable returns after investment.
Creditors :
They will check financial statements to make sure they get their due money back.
Employees :
The employees will ask for bonus if the company performance in statements is good,
