Three categories of activities (operating, investing, and financing) generate or use the cash flow in a company. In the following , identify which type of activity is described by each statement. (Operating Activity Investing Activity Financing Activity)
a. Yum Co. uses cash to repurchase 10% of its common stock.
b. DigiInk Printing Co. buys new machinery to ramp up its production capacity.
c. D and W Co. sells its last season’s inventory to a discount store.
d. A company records a loss of $70,000 on the sale of its outdated inventory.
Answers
Answer:
a. Yum Co. uses cash to repurchase 10% of its common stock. (Financing activity)
b. DigiInk Printing Co. buys new machinery to ramp up its production capacity. (Investing activity)
c. D and W Co. sells its last season’s inventory to a discount store. (Operating activity)
d. A company records a loss of $70,000 on the sale of its outdated inventory. (Operating activity)
Explanation:
Cash flow statement shows how cash is used and obtained in a business. There are different activities that influence cash flow. Below are the activities:
- Operating activities are those that include normal business operations like buying and selling of inventory, interest payments, and salaries.
- Investing activities involves use of cash for investment like purchase or sale of assets, merger and acquisitions payments, and purchase of equipment.
- Financing activities includes cash used to purchase or sell equity such as shares, payment of dividends, and repayment of principal from debt
Related Questions
Type the correct answer in the box. Spell all words correctly.
What does the last paragraph in a cover letter deal with?
The closing paragraph of a cover letter is where you can mention your
information and request for an interview
Answers
The closing paragraph of a cover letter typically deals with summarizing the main points of the letter and expressing your interest and enthusiasm for the position.
The closing paragraph serves as a conclusion to your letter and provides a final opportunity to make a strong impression on the employer. In this paragraph, you can briefly restate your qualifications and how they align with the requirements of the job. It's also a good place to mention any additional relevant information that you haven't already included in the body of the letter. Furthermore, you can express your gratitude for the opportunity to apply and express your interest in moving forward to the next stage of the hiring process. Finally, you can use the closing paragraph to request an interview or indicate that you are available for further discussion.
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Buffalo Company had bonds outstanding with a maturity value of $307,000. On April 30, 2017, when these bonds had an unamortized discount of $10,000, they were called in at 105. To pay for these bonds, Buffalo had issued other bonds a month earlier bearing a lower interest rate. The newly issued bonds had a life of 10 years. The new bonds were issued at 102 (face value $307,000). Ignoring interest, compute the gain or loss. Loss on redemption $ Ignoring interest, record this refunding transaction.
Answers
Answer:
bonds carrying value = $307,000 - $10,000 = $297,000
the journal entry to record the bond redemption:
April 30, 2017, redemption of bonds
Dr Bonds payable 307,000
Dr Loss on redemption of bonds 25,350
Cr Cash 322,350
Cr Discount on bonds payable 10,000
the journal entry to record the issuance of bonds:
March 31, bonds were issued
Dr Cash 313,140
Cr bonds payable 307,000
Cr Premium on bonds payable 6,140
QUESTION 70 at does this symbol stand for, and where are some likely places that will you find it
Answers
Answer:
cant see it im a little concerned
Select the correct answer.
What does a production possibilities curve represent?
ОА.
a combination of price and demand of goods and services
B.
a combination of the goods produced before and after a change in a factor of production
Ос.
a combination of two factors of production used to produce a single good or service
OD
a combination of two goods that can be produced using limited resources
Answers
The statement that describes what a production possibility curve represent is: D.
What is Production Possibility Curve?Production possibility curve can be described as that which shows the quantity of two products that can possibly be produced if both products are to depend on the same resources for production to occur.The image attached below shows a typical production possibility curve.Therefore, the statement that describes what a production possibility curve represent is: D.
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What is owner's equity?
Nonsense = Reported
Thank you ~
Answers
Hii :))
Owner's equity is defined as the amount of money invested by the owner in the business minus any money taken out by the owner of the business.
~
Brief Exercise 8-5 Vaughn Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is available. Units Unit Cost Total Cost April 1 inventory330$22$ 7,260 April 15 purchase380269,880 April 23 purchase 290 29 8,410 1,000 $25,550 Compute the April 30 inventory and the April cost of goods sold using the FIFO method. Ending inventory $ Cost of goods sold
Answers
Answer:
Results are below.
Explanation:
Giving the following information:
Units sold= 450 units
Units Unit Cost Total Cost
April 1 inventory= 330 units at $22
April 15 purchase= 380 units art $26
April 23 purchase= 290 units at $29
To calculate the ending inventory, first, we need to determine the number of units in ending inventory:
Ending inventory in units= 330 + 380 + 290 - 450= 550 units
Ending inventory FIFO= 290*29 + 260*26= $15,170
COGS= 330*22 + 120*26= $10,380
the following is an example of _____ stop by our store this Saturday between 2 and 4 to get a free gift
A-a call to action
B-white space
c- a unique selling proposition
D- cultural sensitivity
Answers
Answer: a call to action
Explanation:
The following is an example of a call to action stop by our store this Saturday between 2 and 4 to get a free gift. The correct option is A. Your call to action is the section of your advertisement that instructs your target audience on what they should do after clicking on your PPC ad and arriving at your website or landing page.
What is the main goal of a call to action?CTAs are used all across the web to entice potential leads or convert existing leads into customers. Their goal is to entice the visitor to do a specific activity.
A call-to-action is a short statement on your website, email, or another piece of content that encourages visitors to perform some desired action, which eventually continues their contact with your company.
Thus, the ideal selection is option A.
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explain three of classifying managers
Answers
There are several ways to classify managers, but here are three common approaches By level, By function, By style.
By level: One way to classify managers is by their level in the organizational hierarchy. For example, top-level managers are responsible for setting overall goals and strategies for the organization, while middle-level managers oversee specific departments or functions, and front-line managers supervise the day-to-day activities of individual employees.
By function: Another way to classify managers is by the functional area they oversee. For instance, a marketing manager is responsible for promoting and selling the organization's products or services, while a human resources manager is responsible for recruiting, training, and managing employees.
By style: A third way to classify managers is by their management style or approach. For example, some managers may be more autocratic, making decisions and giving orders without much input from their subordinates. Others may be more democratic, seeking input and feedback from their team before making decisions.
Still, others may be more laissez-faire, giving their employees a high degree of autonomy and trusting them to make decisions on their own.
Overall, these different ways of classifying managers can help organizations to better understand the roles and responsibilities of their managers, and to develop more effective leadership strategies that align with their specific needs and goals.
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What is one major problem created by globalization?
A. An increase in international shipping has led to more pollution.
B. Fewer workers are able to get an education related to their jobs.
C. Military conflicts between powerful nations have increased.
OD. It has become more difficult to get products made in other
countries.
Answers
Fixed vs variable cost preference. bates operates a kiosk at a local mall, selling duck calls for $30 each. the variable cost to make a duck call is $18. a new mall is opening where bates wants to locate a new kiosk. the mall operator offers the following two options for bates: 1. paying a fixed rent of $15,000 a month, or: 2. paying a fixed rent of $9,000 per month plus 10% of revenue earned from each duck call, the amount of monthly sales (in units) at which bates would be indifferent as to which plan to select is: a) 1,900 b) 2,000 c) 1,500 d) 1,600
Answers
Answer:
b) 2,000
Explanation:
sales price = $30
10% from each sale = $3
the amount of rent paid as a percentage of sales = $15,000 - $9,000 = $6,000
the indifference point in units = $6,000 / 10% revenue margin = $6,000 / $3 = 2,000 units
If Bates sells less than 2,000 units, then he should prefer option 2, but if he sells more than 2,000 units, then option 1 is better for him.
is the manager actively involved in the decisions of the public company woolworth?
Answers
If Woolworth is a public company, it is mandatory for the manager to have an active participation in taking the important decisions of the company.
What is the significance of a manager?A manager can be referred to or considered as a professional individual who has the responsibility to supervise and preside over the management functions and duties of an organization.
A manager in a public company like Woolworth is under an obligation to take an active participation in the decision-making and management processes of the company.
Therefore, the significance regarding manager of a public company has been aforementioned.
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After graduating from college, Joseph Tantillo decided to start a retail Web site that specializes in personalized Greek apparel. To fund his Web site, he borrowed money from his parents (who expect to be repaid with interest). In other words, he used _____ financing.
Answers
Answer:
Debt financing
Explanation:
Debt financing is defined as borrowing that a company undertakes to finance it's operations by selling of debt instruments to investors.
The debt instrument attracts interest payment.
Examples of debt financing includes bank loans, loans from friends and family, and government backed loans.
In the given scenario Joseph Tantillo decided to borrow money from his parents to start a retail Web site that specializes in personalized Greek apparel. This is debt financing
In contrast equity financing involves sale of shares to obtain capital
Make-or-Buy Decision
Somerset Computer Company has been purchasing carrying cases for its portable computers at a purchase price of $59 per unit. The company, which is currently
operating below full capacity, charges factory overhead to production at the rate of 43% of direct labor cost. The unit costs to produce comparable carrying cases are
expected to be as follows:
Direct materials
Direct labor
Factory overhead (43% of direct labor)
Total cost per unit
If Somerset Computer Company manufactures the carrying cases, fixed factory overhead costs will not increase and variable factory overhead costs associated with the
cases are expected to be 13% of the direct labor costs.
a. Prepare a differential analysis dated April 30 to determine whether the company should make (Alternative 1) or buy (Alternative 2) the carrying case. If required,
round your answers to two decimal places. If an amount is zero, enter "0".
Differential Analysis
Make Carrying Case (Alt. 1) or Buy Carrying Case (Alt. 2)
April 30
Unit costs:
$25
16
6.88
$47.88
Purchase price
Direct materials
Direct labor
Variable factory overhead
Fixed factory overhead
Buy
Make
Carrying
Carrying
Case
Case
(Alternative 1) (Alternative 2)
0000
100000
Differential
Effects
(Alternative 2)
Answers
Make-or-Buy Decision Making the Carrying cases would Be advised, assuming there were no better alternatives for using the extra capacity. Fixed overhead has no Impact on this choice of net income.
Alternative 1:
A. Create a carry case. $41.00
Alternative 2:
Obtain a carrying case $44.00
Alternative 2:
Various effects on net income ($3.00)
Make-or-Buy Decision:
A. Building a Differential Analysis
Differential analysis
Create a carry case. Obtain a carrying case
Alternative 1 & Alternative 2
Alternative 1 Alternative 2 Various effects on net income (Alternative 2)
Sales price
$0.00 $0.00 $0.00
Purchase Price
$0.00 $40.00 ($40.00)
Direct materials
$16.00 $0.00 $16.00
Direct labor
$20.00 $0.00 $20.00
varying manufacturing costs (20*5%=$1.00)
$1.00 $0.00 $1.00
Fixed manufacturing ($5.00-$1.00) $4.00 $4.00 $0.00
Income(Loss)
$41.00 $44.00 ($3.00)
The Company should select Alternative 1, a carrying case, based on net income the aforementioned computation.
The amount earned by an individual or business after costs, allowances, and taxes is referred to as net income.
Therefore, it would Be advised to construct the Carrying cases if there were no better alternative applications for the extra capacity. fixed overhead has No impact on this choice.
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aggregate supply is represented as a schedule or curve showing the relationship between a nation's level (index) and the amount of real domestic output that firms in the economy produce
Answers
Aggregate Supply is represented as a schedule or curve showing the relationship between the nation's - level (index) and the amount of real domestic output that firms in the economy produce is Price
Similarly that aggregate supply is the general stock of all labor and products inside an economy during a specific time span, total interest is the complete interest for all labor and products inside an economy throughout that equivalent time span. The way that these total terms measure all market interest inside an economy during a particular time span separates them from straightforward market interest.
Normally, conversations of market interest happen on a more limited size, like inside a business or area. Organizations investigate market patterns utilizing organic market. Organizations can carry out business systems at the best second to satisfy market needs by remaining current on market interest designs.
Assuming the cost level expansions in the economy, the complete spending in the economy will fall. The total interest will fall and move to one side.
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How would a list of personal property and its worth help when
purchasing insurance?
A. It would help the insurance company know if the
individual will be late on insurance payments.
OB. It would help the individual decide how much
coverage he or she needs to purchase.
C. It would help the individual negotiate a better rate for
his or her insurance premiums.
D. It would help the insurance company know if the
individual is sincere or fraudulent.
Answers
(5 points)
Willie's Hot Dogs had sales last year of $250,300 and a guest count of 76,079.
Sales this year were $280,750 with a guest count of 83,556.
What was Willie's guest count percentage variance?
Answers
Willie's guest count percentage variance is 9.82%.
How to calculate guest count percentageTo calculate the guest count percentage variance
Use the following formula:
Guest count percentage variance = [(current year guest count - prior year guest count) / prior year guest count] x 100%
Guest count percentage variance = [(83,556 - 76,079) / 76,079] x 100%
Guest count percentage variance = (7,477 / 76,079) x 100%
Guest count percentage variance = 0.0982 x 100%
Guest count percentage variance = 9.82%
Therefore, Willie's guest count percentage variance is 9.82%.
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Write down three key takeaways from the home-buying process in the space below.
Answers
The three takes aways from the home-buying process are, before going house searching,
research the housing market and be pre-approved for a mortgage.Engage the services of a competent real estate agent to walk you through the process and bargain on your behalf.Before closing, do a comprehensive house inspection to discover any potential concerns or needed repairs.What is the Home-Buying Process?Purchasing a house entails locating a suitable property, obtaining financing, making an offer, obtaining a home inspection, and finalizing the transaction.
If you can't afford a large down payment, national and state first-time buyer programs may be helpful. It's critical to maintain your property and save money once you've moved in.
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All of the following are correct statements about transfers between divisions located in countries with different tax rates except that
A. differences in tax rates across countries complicate the determination of the appro-priate transfer price
B. a decreasing number of transfers are between divisions located in different countries
C. companies must pay income tax in the country where income is generated
D. many companies prefer to report more income in countries with low tax rates.
Answers
All of the following are correct statements about transfers between divisions located in countries with different tax rates except that the companies must pay income tax in the country where income is generated. Thus option (C) is correct.
What is tax?Taxes are mandatory contributions levied on individuals or corporations by a government entity—whether local, regional, or national.
Tax revenues finance government activities, including public works and services such as roads and schools, or programs such as Social Security and Medicare.
In economics, taxes fall on whoever pays the burden of the tax, whether this is the entity being taxed, such as a business, or the end consumers of the business’s goods.
From an accounting perspective, there are various taxes to consider, including payroll taxes, federal and state income taxes, and sales taxes.
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On a police sergeant's examination, the historical mean score was 80 with a standard deviation of 20. Four officers who were alleged to be cronies of the police chief scored 195, 171, 191, and 189, respectively, on the test. This led to allegations of irregularity in the exam. (a) Convert these four officers’ scores to standardized z-values. (Round your answers to 2 decimal places.) z-score for 195 z-score for 171 z-score for 191 z-score for 189 (b-1) Do you think there was sufficient reason to question these four exam scores? multiple choice 1 Yes No
Answers
Answer:
Yes
Explanation:
Elena says that 6% interest compounded semi-annually is the same as 1% interest compounded every month: she reasons they are the same because they are both a 12% nominal annual interest rate. Is Elena correct that these two situations both offer a 12% nominal annual interest rate?
Answers
Elena is not correct in the two situations.
What is the effective annual rate?Effective annual rate is the interest rate when the effects of compounding is taken account for. In order to determine if Elena is correct, the effective annual rate has to be calculated.
Effective annual rate = (1 + APR / m ) ^m - 1
M = number of compounding
(1 + 0.12 / 12)^12 - 1 = 12.68%
(1 + 0.12 / 2)^2 - 1 = 12.36%
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For each statement about Direct Competition and Indirect Competition,
choose True or False.
Indirect Competition is a
business whose services are
different from yours but
satisfy the same need.
All Companies that sell
goods and services are
Indirect Competitors.
When your target audience
buys products from a
competitor instead from
you, that is Indirect
Competition.
Direct Competition is a
company that offers
the same thing you
offer.
1. True
2. False
Answers
Answer:
Explanation:
1) Indirect Competition is a business whose services are different from yours but satisfy the same need.
True
2) All Companies that sell goods and services are Indirect Competitors.
False
3) When your target audience buys products from a competitor instead from you, that is Indirect Competition.
False
4) Direct Competition is a company that offers the same thing you offer.
True
Traditional marketing revolves around the 4 Ps:
Answers
Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.
These elements form the foundation of a marketing strategy for businesses.
Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.
Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.
Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.
Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.
These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.
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Rivera Company has several processing departments. Costs charged to the Assembly Department for November 2020 totaled $2,288,076 as follows. Work in process,November 1Materials $79,000Conversion costs 48,200$127,200Materials added 1,594,520Labor 225,800Overhead 340,556Production records show that 34,600 units were in beginning work in process 30% complete as to conversion costs, 662,700 units were started into production, and 24,100 units were in ending work in process 40% complete as to conversion costs. Materials are entered at the beginning of each process.
Answers
Answer:
Using the FIFO cost method:
beginning WIP 34,600 units
materials $79,000 (100% complete)
conversion $48,200 (30% complete, 70% remaining = 24,220 EU)
units started 662,700
materials added $1,594,520
conversion costs added $566,356
ending WIP 24,100
100% complete for materials
40% complete for conversion = 9,640 EU
units completed and transferred out = 34,600 + 662,700 - 24,100 = 673,200
units started and completed = 662,700 - 34,600 - 24,100 = 604,000
total equivalent units for the month:
materials 662,700
conversion = 24,220 + 604,000 + 9,640 = 637,860
total cost per EU:
materials = $1,594,520 / 662,700 = $2.4061
conversion = $566,356 / 637,860 = $0.8879
total = $3.294
cost of ending WIP:
materials = 24,100 x $2.4061 = $57,987
conversion = 9,640 x $0.8879 = $8,559.36 ≈ $8,559
total = $66,546
cost of units transferred out = $79,000 + $48,200 + $1,594,520 + $566,356 - $66,546 = $2,221,530
total units transferred out = 673,200
production cost per unit = $2,221,530 / 673,200 = $3.30
Uri would like to change the font color in a group of cells. In which part of the Excel window should he look for font color
controls?
the Quick Access toolbar
the ribbon
the worksheet
the formula bar
Answers
Answer:
B the Ribbon
Explanation:
The Ribbon is where you can change the font color
You and nine of your wealthy friends decide to purchase a local minor league baseball team. The purchase price is $15 million, 60 percent of which you contribute to the business as capital. Your nine friends will contribute the remaining $6 million. All 10 of you agree that you will be the sole general manager of the business, making all business and baseball decisions, except as you delegate them to employees of the business, such as a team manager or vice president of baseball operations. Due to the way you will account for the purchase of the team and player salaries, you expect the business not to make a profit until year 4. You expect that all 10 of you will remain owners of the business for at least 10 years, at which time you expect to sell the team at a profit. Which business form do you believe is best for this business
Answers
Answer:
Limited liability company
Explanation:
A limited liability company is a company where the liabilities of partners is limited to the amount invested in the company. A limited liability company has features of both a partnership and a sole proprietorship
The partnership is made up of a general partner and the limited partners. the general partner is involved in the daily running of the business. The limited partners are not involved in the daily running of the business. They just contribute capital.
In this question, the person involved in the running of the business is the general partner while the other 9 friends are the limited partners.
Answer:
Limited liability Company
Explanation:
A limited liability company is the US-specific form of a private limited company. It is a business structure that can combine the pass-through taxation of a partnership or sole proprietorship with the limited liability of a corporation.
Some of the benefits of an LLC include personal liability protection, tax flexibility, an easy startup process, less compliance paperwork, management flexibility, distribution flexibility, few ownership restrictions, charging orders, and the credibility they can give a business.
An LLC lets you take advantage of the benefits of both the corporation and partnership business structures. LLCs protect you from personal liability in most instances, your personal assets — like your vehicle, house, and savings accounts — won't be at risk in case your LLC faces bankruptcy or lawsuits.
On January 1, 2016, Horton Inc. sells a machine for $25,800. The machine was originally purchased on January 1, 2014 for $46,700. The machine was estimated to have a useful life of 5 years and a residual value of $0. Horton uses straight-line depreciation. In recording this transaction: a. a loss of $2,220 would be recorded. b. a loss of $20,900 would be recorded. c. a gain of $25,800 would be recorded. d. a gain of $2,20 would be recorded.
Answers
Answer:
a) a loss of $2220 would be recorded.
Explanation:
Calculation for the Loss on sale
First step is to calculate the Depreciation per annum using this formula
Depreciation per annum = (Purchase Cost-salvage value) / Useful life
Depreciation per annum = 46700/5
Depreciation per annum= $9,340
Second Step will be to calculate the 31/12/15 Book Value
1/1/14 Purchase cost $46,700
Less: 31/12/14 Depreciation for the year ended 31 ($9,340)
31/12/14 Book Value $37,360
($46,700-$9,340)
Less: 31/12/15 Depreciation for the year ended ($9,340)
31/12/15 Book Value $28,020
($37,360-$9,340)
Last step is to calculate the Loss on sale
1/1/16 Value $28,020
1/1/16 Less Sale value ($25,800)
Loss on sale $2220
(28,020-25,800)
Therefore the correct option is :a loss of $2220 would be recorded.
Question 9 of 10 Which of the following is a good example of responsible concern for consumer rights? O A. A construction company advises a potential customer that he can accomplish his project much faster and cheaper by contacting a different company. Giving this advice will likely lead to the company's loss of the consumer's business, O B. A snack food manufacturer knows that their snacks contain only minor traces of common allergens, such as peanuts, and doesn't want to cause unnecessary worry, so they don't identify this on the food labels. C. An employer is very concerned about the well being of his employees. He decides to sponsor their membership to a health club and pay for routine consultations with a dietician D. A sales representative for a communications provider is trained to present the most expensive service packages to consumers first. If the consumer asks for cheaper options, however, the sales representative is to offer those
Answers
Answer:
D. A sales representative for a communications provider is trained to present the most expensive service packages to consumers first. If the consumer asks for cheaper options, however, the sales representative is to offer those
Explanation:
Answer:
A. A construction company advises a potential customer that he can accomplish his project much faster and cheaper by contacting a different company. Giving this advice will likely lead to the company's loss of the consumer's business.
Explanation:
It is correct.
The straight-line depreciation method and the double-declining-balance depreciation method: A. Produce the same depreciation expense each year. B. Are the only acceptable methods of depreciation for financial reporting. C. Are acceptable for tax purposes only. D. Produce the same total depreciation over an asset's useful life. E. Produce the same carrying amount or book valueeach year.
Answers
The relationship between the straight-line and double-declining-balance method is that they D. Produce the same total depreciation over an asset's useful life.
How are the straight-line and double-declining-balance methods related?While they do not produce the same depreciation every year, they will eventually depreciate an asset in the same way overtime.
What this means is that both methods will depreciate an asset by the same amount at the end of the asset's life. However, the depreciation amounts will vary by method on an annual basis.
In conclusion, option D is correct.
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Can you help me
please
Answers
Answer:
united nation childrens funds
Explanation:
i hope it helpful
What is a product market AND how do I choose a product market . Pls help quick!!!!
Answers
Answer:
Product markets typically contain groups of consumers that share a fairly specific need that only certain and closely related kinds of products or services can meet. In the case of smartphone users, for example, only phones with specific and more or less comparable capabilities can serve the needs of these consumers. In a product market, the capacity to serve the market is often predicated on the method. Only a company that produces smartphones can compete for this market, let alone hold an intrinsic advantage, because only that product suffices.