Business, 18.09.2019 03:10, pizzaboy62
Each of the following items must be considered in preparing a statement of cash flows. indicate where each item is to be reported in the statement, if at all. assume that net income is reported as $90,000.(a) accounts receivable increased from $34,000 to $39,000 from the beginning to the end of the year.(b) during the year, 10,000 shares of preferred stock with a par value of $100 per share were issued at $115 per share.(c) depreciation expense amounted to $14,000, and bond premium amortization amounted to $5,000.(d) land increased from $10,000 to $30,000.
Answers: 2
Business, 22.06.2019 21:40, mackenziemelton26
Which of the following is one of the main causes of inflation? a. wages drop so workers have to spend a higher percentage of income on necessities. b. demand drops and forces producers to charge more to meet their costs. c. rising unemployment cuts into national income. d. consumers demand goods faster than they can be supplied.
Answers: 3
Business, 22.06.2019 23:40, coreycbg1127
Joint cost cheyenne, inc. produces three products from a common input. the joint costs for a typical quarter follow: direct materials $45,000 direct labor 55,000 overhead 60,000 the revenues from each product are as follows: product a $75,000 product b 80,000 product c 30,000 management is considering processing product a beyond the split-off point, which would increase the sales value of product a to $116,000. however, to process product a further means that the company must rent some special equipment costing $17,500 per quarter. additional materials and labor also needed would cost $12,650 per quarter. a. what is the gross profit currently being earned by the three products for one quarter? $answer b. what is the effect on quarterly profits if the company decides to process product a further? $answer
Answers: 2
Each of the following items must be considered in preparing a statement of cash flows. indicate wher...
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