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3 years ago

Create a cash flow statement for your own finances. Why are cash flow statements useful in managing money?

1 answer:

7 0

Answer:

Cash flows tell us about the company’s actual outflows and inflows of cash in particular period such as quarter or year or others. This very important for business as cash flow from main operations helps the company to see whether they are generating enough to invest in growth projects or not.

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Which of the following would increase the amount that a person could afford to spend on a home?

bearhunter [10]

The answer is A. Increased family income.
In order that a person could afford to spend on a home, first things first is they must have a bigger family income so that they can sustain paying all their bills plus the price of the home that they wanted to buy.

8 0

3 years ago

Read 2 more answers

Mission Foods produces two flavors of tacos, chicken, and fish, with the following characteristics:

postnew [5]

Answer:

1. $858,000

2. Chicken = 24,000 units and Fish = 36,000 units

Explanation:

The computation is shown below:

1. The anticipated level of profits for the expected sales volumes is

= Expected sales of chicken × (Selling price per taco - Variable cost per taco) + Expected sales of fish × (Selling price per taco - Variable cost per taco) - total fixed cost

= 200,000 × ($3 - $1.50) + 300,000 × ($4.50 - $2.25) - $117,000

= $300,000 + $675,000 - $117,000

= $858,000

2. The break even volume is

Let we assume the sale units be X

So, total units sold for chicken = 40X

And, for the fish it is = 60X

Sale units of chicken × (Selling price per taco - Variable cost per taco) + Sale units of chicken × (Selling price per taco - Variable cost per taco) = Total Fixed cost

0.40X × (3 – 1.50) + 0.60X × (4.50 – 2.25) = $117,000

0.60X + 1.35X = $117,000

1.95X = $117,000

So, the X is 60,000 units

So for chicken it is 60,000 × 40% = 24,000 units

And for fish it is 60,000 × 60% = 36,000 units

7 0

4 years ago

Charles lackey operates a bakery in Idaho, Falls Because of its excellent product location, demand has increased by 35% in the l

balu736 [363]

Answer:

For each hour of work 2.81 loaves are produced.

Explanation:

current production: 1,800 per month

utility cost 800

ingredient cost: 0.40

productivity per labor hour: output / labor hours

It is the total goods produced over a base.

In this case, labor hour.

1,800/640 = 2.8125

For each hour of work 2.81 loaves are produced.

8 0

3 years ago

Apartments is a â€‹-unit apartment complex. When the apartments areâ€‹ 90% occupied, monthly operating costs total $220,040. Whe

AnnyKZ [126]

Answer:

Missing word "Use the high-low method to determine operating cost equation y=$_____, x + $ = ____"

Cost on (800*90%)=720 units is 220,040

Cost on (800*80%) = 640 Units is 215,480

Variable cost per unit = Changes in total cost/High activity-low activity = 4560 / 80 = $57 per unit

Fixed cost = Total cost - Variable cost = 220,040 - (720*$57) = 220,040 - 41,040 = $179000

Cost equation:

Total cost = Fixed cost + Variable cost per unit

Y = 179000 + 57X

Y = 179000 + (57*440)

Y = $204,080

3 0

3 years ago

Indicate the effect of each of the following transactions on total assets, total liabilities, and total stockholdersâ equity. Se

Scorpion4ik [409]

Answer:

Transaction Assets Liabilities Stockholders' Equity

Issue common stock Increase NE Increase

Issue preferred stock Increase NE Increase Purchase treasury stock Decrease NE Decrease

Sale of treasury stock Increase NE Increase Declare cash dividend NE Increase NE

Pay cash dividend Decrease Decrease NE

100% stock dividend NE NE NE

2-for-1 stock split NE NE NE

When shares are sold or issued, they increase the stockholders equity as people buy these shares. They also increase assets because cash comes into the company when the shares are sold. This is why the Issuing of preference and common stock as well as the sale of Treasury shares had the same effects.

When cash dividends are declared, they become a liability that is owed to equity holders.

When these dividends are then paid, they remove the liability but reduce assets as cash is used to pay the dividends.

100% stock dividend reduces retained earnings but increases equity so stockholders equity does not change.

8 0

3 years ago