Contractionary<span> policies are enacted by a government to reduce the money supply ... policy might be a reduction in nominal </span>gross domestic product<span> (</span>GDP<span>) (Possibly)</span>
Answer:
the net cash used (provided) by financing activities is $ 84,600
Explanation:
<em>Under GAAP, the Dividends payment is accounted as a financing Activity.</em>
<u>Cash flow from Financing Activities</u>
Purchase of treasury stock (42,900)
Payment of cash dividend (89,700)
Issuance of common stock 150,700
Retirement of bonds (102,700)
Net Cash flow from financing Activities (84,600)
Answer:
Predetermined manufacturing overhead rate= $391.78 per direct labor hour
Explanation:
Giving the following information:
Budgeted factory overhead= $2,948,125.
Direct labor hours:
Flutes= 2,000*2= 4,000
Clarinets= 1,500*3= 4,500
Oboes= 1,750*1.5= 2,625
Total direct labor hours= 7,525
To calculate the predetermined manufacturing overhead rate we need to use the following formula:
Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base
Predetermined manufacturing overhead rate= 2,948,125/7,525
Predetermined manufacturing overhead rate= $391.78 per direct labor hour
Answer:
Gain $72,480
Explanation:
Calculation for the amount of gain or loss that Sheffield should recognize on the exchange
Using this formula
Gain/Loss= Book value – Fair value
Let plug in the formula
Gain/Loss= $978,480 – $906,000
Gain=$72,480
Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480
False I just know it lol trying to make this answer long
