What does it mean when earned value is above planned value?

At what point in life should I using a checking account and why?

Gwar [14]

When you're in middle school or younger, so you can save up money for college, a car, or whatever you need.

3 0

3 years ago

Chisholm Associates uses the indirect method to prepare the operating activities section of the statement of cash flows. The fol

Kobotan [32]

Answer:

$58100

Explanation:

The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.

The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.

The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.

An increase in an asset other than cash is an outflow of cash while an increase in liabilities is an inflow of cash. A decrease in an asset other than cash is an inflow of cash while an decrease in liabilities is an outflow of cash.

Change in

Accounts receivable = $ 42,550 - $ 32,100=

= $10450 (Asset)

Prepaid insurance = 3,550 - 6,700

= -$3150 (Asset)

Accounts payable = 28,350 - 26,100

= $2250 (liability)

Unearned revenue = 6,350 - 8,500

= -$2150 (liability)

The net cash flows from operating activities

= $65,500 - $10450 + $3150 - $2250 + $2150

= $58100

7 0

3 years ago

Mark s wife asked him how his first day at work went. He smiled and said everyone he met told him about how Jed McClusky single-

Nookie1986 [14]

Answer:

The correct answer is a. corporate stories.

Explanation:

Corporate stories are events that occurred in the past, which, because of their relevance to the development of the organization, serve as a reference to project into the future. What is sought with these types of events is to motivate, encourage employees to perform their tasks in the best way, trying to make every effort to achieve it.

7 0

3 years ago

Brian, an industrial equipment sales rep, purchases a quick snack to eat on the way to work. He buys lunch while on the road vis

solniwko [45]

Answer: Option A

Explanation: A convenience store might be part of a gas / petrol station, allowing consumers to easily buy goods and services when fueling their vehicles. It may be situated along a busy highway, in a metropolitan area, alongside a train or train station, or at another regional hub.

Generally convenience stores charge significantly higher prices than traditional grocery stores or supermarkets, as these wholesalers order limited stock amounts at higher per-unit prices. Convenience stores, however, compensate for this deficit by providing longer open hours, more locations and shorter cashier lines.

5 0

3 years ago

In 2018, Southwestern Corporation completed the treasury stock transactions listed below February 2: Reacquired 70,000 shares at

Tcecarenko [31]

Answer:

2nd February Treasury Stock Dr 840,000

Cash Cr 840,000

(Cash paid $12*70000 = 840,000)

17 March Cash Dr 280,000

Treasury Stock Cr 240,000

Additional Paid-In Capital Cr 40,000

-Cash 20000×$14 = 280,000.

-Treasury stock 20000×$12=240,000)

17 May Cash Dr 200,000

Disc on Capital Dr 100,000

Treasury stock Cr 300,000

Cash 25000×$8=200,000.

Tresury stock 25000×$12= 300,000

Explanation:

For the cost method, the purchase of treasury stock is noted by debiting treasury stock account by the actual cost of purchase. Par value of the shares as well as the amount received from investors when the shares were firstly issued is ignored in the cost method.

Reissuance of treasury share results in credited treasury stock account for the cost at which they were purchased, cash account debited for the amount actually received &at times, the amount received on reissuance of treasury stock is greater than the cost of treasury stock, the difference between the amount received and cost of the treasury stock is credited to additional paid-in capital. It is lower than the cost of treasury stock, when the excess of cost of treasury stock over the amount received is debited to discount on capital account.

8 0

3 years ago