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Neporo4naja [7]
3 years ago
6

A statement of cash flows helps answer all of the following: (You may select more than one answer. Single click the box with the

question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
a. What explains the changes in the cash account?
b. Where does a company spends its cash?
c. How can the company improve its operations?
d. How does a company receives its cash?
e. What are the changes in the non-cash accounts?
Business
1 answer:
ehidna [41]3 years ago
7 0

Answer:

I think A and D tell me if I'm wrong

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The following account balances were drawn from the financial statements of Grayson Company:Cash: $8,800Accounts Receivable: $3,0
vredina [299]

Answer:

Common Stocks 15,400

Explanation:

cash                             8,800          Account Payable  2,500

account receivable    3,000         Common Stock            x    (B)

Total Current Assets 11,800           Reained Earnings  9,900 (A)

Land                          16,000      

Total Assets              27,800         Liability + SE        27,800

<u>(A) First we calculate the RE:</u>

beginning RE + net income

net income = revenue - expense

19,000 - 14,500 = 4,500

beginning RE + net income

5,400 + 4,500 = 9,900

<u>(B) We solve for Equity using the accounting equation</u>

 Liab + Equity = Assets

 2,500 + (Comon Stock + Retained Earnings) = 27,800

 Common stock + 9,900 = 27,800 - 2,500

 Common stock = 27,800 - 2,500 - 9,900 = 15,400

7 0
3 years ago
The annual price increase for consumer goods and services measured by the Bureau of Labor Statistics is called ________.
Mazyrski [523]

Answer:

The correct answer is "consumer price index"

Explanation:

The average of the prices paid by customers for goods and services, belonging at the fixed market basket is called Consumer Price Index (CPI). The consumer price index is an excellent measure or indicator of inflation. It's calculated and measured by the Bureau of Labor Statistics.

3 0
3 years ago
Assume that Northern Petroleum Inc. issued the following bond on January 1: Face amount: $100,000 Contract interest rate: 12% Ef
Natali [406]

Answer:

d. $44,161

Explanation:

The computation is shown below:

The present value of the periodic interest to be paid on the bonds is

= Face amount × interest rate × present value of an annuity at 6% for 10 years

= $100,000 × 6% × 7.36009

= $44,161

Refer to the present value of an annuity table

On a semiannual basis, the interest rate is half and the time period doubles =. The same is applied in the above calculation.

8 0
3 years ago
Look at the following data: durable goods = $200 billion; nondurable goods = $350 billion; services = $600 billion; fixed invest
Jet001 [13]

Answer:

The answer is $1,701 billion

Explanation:

Gross Domestic Product (GDP) is the cumulative (total) market value of the final outputs (goods and services) produced within an economy(country) during a given period of time usually a year.

GDP = C + I + G + (X - M)

where C - expenditure by households or consumers

I - investments by businesses or firms

G - expenditure from the government

X - exports from the country

M - imports into the country

Total consumers' expenditure is:

durable goods = $200 billion;

nondurable goods = $350 billion; services = $600 billion

Total. $1,150 billion

Total business investment is $200billion

Therefore, GDP is

$1,150 + $200 + $400 + ($30 - $79)

=$1750 - $49

= $1,701 billion

6 0
3 years ago
Bain Corporation makes and sells state-of-the-art electronics products. One of its segments produces The Math Machine, an inexpe
pochemuha

<u>Solution and Explanation:</u>

<u>Part a: </u>                                                                            

Revenue  5000 multiply 6.6   33000            

Unit Level Variable Cost:        

Material Cost  5000 multiply 2.7   -13500    

Labor Cost  5000 multiply 1.2   -6000    

Manufacturing Cost  5000 multiply 1.2   -6000    

Shipping and Handling  5000 multiply 0.3   -1500    

Sales Commission    0    

Contribution Margin    6000            

Should be accepted as it will increase profitability by $6000          

Part b1&b2:                                 Cost to Make  Cost to Buy          

Material Cost                40000*2.7  108000      

Labor Cost                40000*1.2  48000      

Manufacturing Cost  40000*1.2  48000      

Prod Supervisor Salary             72000      

Purchase Cost  40000*6.72               0  268800          

Total Cost                               276000  268800          

Should purchase from outside as cost is lower than making it      

Part b3:        

                                          Cost to Make  Cost to Buy            

Material Cost  60000 multiply 2.7     162000      

Labor Cost  60000 multiply1.2             72000      

Manufacturing Cost  60000*1.2  72000      

Prod Supervisor Salary             72000        72000    

Purchase Cost  60000*6.72              0           403200            

Total Cost                             378000        475200            

Should make in house as cost is lower            

Part c:  It should not be eliminated.              

Elimination will decrease profitability by $72000 which is being allocated company wide facility exp.  Before Allocation, actual profit is (168000-24000-72000)=$72000    

Loss is because of allocation of facility expenese, which will be allocated on other segment.

 

5 0
3 years ago
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