<span>c. money is deducted from the balance on the debit card.</span>
Answer:
increase in income of $80
Explanation:
Prepare an Analysis of Costs and Savings if the Company buys from Outside Supplier.
Note : The fixed costs per unit at are unavoidable are irrelevant and disregarded in this decision.
<u>Analysis of Costs and Savings</u>
Purchase Price (400 widgets × $44.00) = ($17,600)
Savings :
Variable Costs ($35.60 × 400 widgets) = $14,240
Fixed Cost ( $8.60 × 400 widgets) = $3,440
Net Income effect = $80
Conclusion :
The effect on net income if the company instead buys the widgets is an increase in income of $80
Answer:
$12,000 and $6,000
Explanation:
For computing the dividend, first we have to find out the yearly dividend which is shown below:
= Number of shares × par value per share × dividend rate × number of years
= 1,000 shares × $100 × 6% × 2 years
= $12,000
Out of $18,000, the $12,000 will be paid to preferred stockholders and the remaining $6,000 will be paid to common stockholders
Answer:
The net cash inflow from financing activities on Petras's 2013 statement of cash flows is $5. So, the correct option is A.
Explanation:
Petras Company
Statement of cash flows (extract)
Proceed from the issue of common stock $325
Repayment of outstanding debt ($220)
Dividends paid ($100)
Net cash inflow from financing activities $5
Note that earned revenues and incurred expenses would form the net income used under operating activities section of the cash flows.
The prior year values for there for comparative purpose only.
