Answer:
Red Co.
The amount that Red Co should report as net cash used by investing activities in its statement of cash flows for the period ended December 31 is:
= $38,000.
Explanation:
a) Data and Calculations:
Investing activities section of the Statement of Cash Flows:
Sales of investment in Gold Co stock $15,000
Dividends received on Blue Co. stock 10,000
Purchase of investment in Yellow Co (75,000)
Proceeds from the disposal of equipment 12,000
Net cash used by investing activities $38,000
Answer:
The cost recorded for the equipment=$229,550
Explanation:
The total recorded cost of the automatic equipment has to include the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;
T=P+A
where;
T=total cost
P=purchase cost/invoice cost
A=additional costs(electrical work cost+delivery cost+sales tax+repair cost)
In our case;
T=unknown
P=$190,000
A=(20,000+4,000+13,700+1,850)=$39,550
replacing;
T=190,000+39,550=229,550
The total cost=$229,550
The cost recorded for the equipment=$229,550
Answer:
Quick ratio = 1.33, NWC to Total assets = 0.15
<u>Explanation:</u>
Given:
Current assets = $30000
Total assets = $100,000
Inventories = $10,000
Cash = $5000
Total liabilities = $30,000
Current liabilities = $15000
Notes payable = $2000
To calculate firm’s quick asset and NWC-to-Total-Assets ratios, formulas need to be applied:
Quick ratio = (Current assets-inventory)/Current liabilities
= (30000-10000)/15000
= 1.33(Approx)
NWC to total assets = Net working capital/Total assets
NWC=Current Assets-Current liabilities
= (30000-15000) = $15000
Hence NWC to Total assets = (15000/100,000)
= 0.15
Answer:
A) if I flip the coin many, many times, the proportion of heads will be approximately 1/2, and this proportion will tend to
get closer and closer to 1/2 as the number of tosses increases.
Explanation:
Probability is described as the likelihood of an event happening. It is expressed in numerical fractions between zero and one. Zero means near certainty that the event will not occur while one is a guarantee that the event is happening.
A probability of 1/2 signifies a 50 percent chance. In a coin toss, 1/2 probability means the coins have 50 chance of landing on either tail or head. A coin has only two sides. Each ill toss presents a head or tail. The more tosses one makes, the proposition of heads to tail get closer 1/2. Very many tosses will give show 1/2 to either tails or head.
Answer:
1755 units are ordered
Explanation:
given data
Daily demand = 100 units
standard deviation = 25 units
review period = 10 days
lead time = 6 days
stock = 50 units
service probability = 98 percent
to find out
how many units should be ordered
solution
order quantity is calculated in fix time period formula is express as
q = .........................a
here L is lead time and R is review time and σ is standard deviation and I is stock and d is Daily demand
so first we find here standard deviation that is
...................1
so the value of z is for 98 % service probability is 2.05
so put here value in equation 1
q = 100 × ( 6 +10) +(2.05) × 100 - 50
q = 1755 units
so 1755 units are ordered