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Ivahew [28]
3 years ago
12

A company has an unfavorable direct materials quantity variance. A possible reason for this variance is that:

Business
1 answer:
ycow [4]3 years ago
7 0

Answer:

e. any of the other answers can occur.

Explanation:

The reason for the decision above is variances are not dependent on the direct material quantity variance and the calculation of all is differ. We also know the total direct material variance is total of material quantity & price variance that is because total variance may be favorable or unfavorable. And the option(d) direct labor efficiency variance do not relate with material variance.

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Find the Net Cash Flow of Operating activities?Engineering Wonders reports net income of $53 million. Included in that number is
xxMikexx [17]

Answer:

Total cash flow from operations        $58.3 million

Explanation:

We can calculate the net cash flow effect from operating activities by making the following adjustments.

Net Income                                        53 m

Add: depreciation                              4.1 m

Less: Gain on asset disposal             (1.9 )m

Add: Reduction in receivables          2.5 m

Less: Reduction in payable               (2.7)m

Add: Reduction in inventory              3.3 m

Total cash flow from operations        $58.3 million

Gain on asset is part of the investing activities cash flow.

Hope that helps.

7 0
4 years ago
Fishermen’s Corp. is considering purchasing a boat. If the boat was purchased, it is expected to receive $20,000 at the end of t
ozzi

Answer:

The boat today is worth 100,440 dollars

Explanation:

We need to solve for the present value of the payment Fishermen's Corp will receive for the boat:

We will apply the formula for lump sum to each \frac{Maturity}{(1 + rate)^{time} } = PV  

cash flow and then add them together

\frac{20,000}{(1 + 0.08)^{1} } = PV  

\frac{40,000}{(1 + 0.08)^{2} } = PV  

\frac{60,000}{(1 + 0.08)^{3} } = PV  

Year Nominal     Present Value

1 20000  18, 518

2 40000 34,293

3 60000 47,630

TOTAL            100,441

5 0
3 years ago
Common-size percentages are often used to compare the statements of companies of unequal size. the condensed income statements o
saw5 [17]
Using the sales, start by dividing the sale with the same number...this will give you 100%. Then, divide the cost of goods sold to the sales, the gross margin to the sales, selling expenses to the sales, administrative expenses to the sales, total operating expenses to the sales, and income to the sales. That's how you get your common-size percentages for each company. You can do this on excel by typing the = select the cell, and divide to the desired cell. Lock the sales cell and bring your courser to the end of the line until you see a plus sign. Click and drag down. It should do all of them for you.

3 0
4 years ago
Which characteristic of an effective accounting information system refers to providing information to improve decision making an
AlexFokin [52]

Relevance characteristic of an effective accounting information system refers to providing information to improve decision making and reduces uncertainty.

The relevance of accounting depends on what the accountant use it for. Cost projections for opening a new store are relevant if business is growing and expanding.

If sales have been sluggish and the best we can do is sit tight without expansion, the projections are no longer relevant. If you decide you need to run more leaner, although, information about the cost of goods sold might be relevant.

The relevance of accounting is not just about what you need to know. It is  also applied to other stakeholders.

To know more about relevance of accounting here:

brainly.com/question/17063470

#SPJ4

7 0
2 years ago
Assume that an increase in consumer confidence raises consumers' expectations of future income and thus the amount they want to
Olegator [25]

Answer:

lower investment and raise the interest rate.

Explanation:

Investment = savings

In this scenario, the marginal propensity to consume (MPC) is increasing which means that consumers will spend a larger proportion of their disposable income and save less. The marginal propensity to save (MPS) = 1 - MPC, so a higher MPC will result in a lower MPS. Lower savings = lower investment.

Since the savings level will decrease, businesses needed money to finance their activities (includes corporations, banks, small businesses, etc.) will need to pay a higher interest for the lower available savings. If the supply of a good or service decreases at all demand levels, the equilibrium price will increase.

3 0
4 years ago
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