Answer:
C. The sale of equipment.
Explanation:
Investing activities: It records those activities that include the long-term asset buying and selling. The buying is a cash outflow while the sale is a cash inflow.
The cash outflow decreases the cash balance whereas cash inflow increases the cash balance. So the buying would be shown in a negative sign while the selling is shown in the positive sign
Hence, the correct option is C.
Answer:
B. you are borrowing money from another person
Explanation:
rest is you giving money to others which if you could youd want higher interest rates for
Answer:
A) 3% decrease in the quantity demanded of pineapple.
Explanation:
We know that the demand curve is negative, which means that as price of a product increases, its demand will decrease.
In unitary elasticity(1) the change in demand means that the change in quantity demanded will be the same. A 0.75 elasticity will thus mean that the quantity demanded will change by a factor of 0.75 as compared to the change in price.
Therefore when the price of pineapple increases by 4%, the quantity demanded will decrease by 4 * 0.75 = 3%
Answer:
$62,160
Explanation:
Given:
Purchase price = $300,000
Down payment = 10% of purchase price = 0.1 × $300,000 = $30,000
Thus,
the cumulative amount to be financed = $300,000 - $30,000 = $270,000
The present value of an annuity of $1 per year for 8 years at 16% = $4.3436
Now,
Annual payment
= ( Cumulative Amount financed ) / ( Cumulative PV factor at 16% for 8 years)
= $270,000 / 4.3436
= $62,160.42
≈ $62,160
Answer:
C. uses a separate Work-in-process account for each processing department.
Explanation:
A process costing system -
The term of process costing system is used in the method of cost account .
Where it refers to the method to assign and collect the cost of the goods and services manufactured per unit , is referred to as the process costing system .
The method is very efficient and useful during the production of goods and services in large quantities .
The method is appropriate for different department , where each department is assigned a separate processing method i.e. , if in company there are three major departments , then each department is assigned a specific process costing system , which is specific for a specific department .
Hence , from the question ,
The correct answer is c.
