Business, 30.11.2021 22:00, bankscorneliuso39
The following data came from the balance sheet of Han Company as of December 31, 20X2.
Dec. 31, 20X2 Dec. 31, 20X1
Machine $3,500 $2,950
Accumulated depreciation on machines 1,400 1,300
Cash 135 180
The following additional data were found in Han Company’s financial statements for 20X2.
Sales $10,000
Cash dividends paid 65
New machines purchases (for cash) 1,000
Net income 300
Depreciation expense 270
Gain on sale of old machines 210
How much cash did Han Company receive from the sale of old machines during the year?(Assume that all machine sales were cash transactions.)
Answers: 3
Business, 21.06.2019 21:20, nonispn606
20. sinclair company's single product has a selling price of $25 per unit. last year the company reported a profit of $20,000 and variable expenses totaling $180,000. the product has a 40% contribution margin ratio. because of competition, sinclair company will be forced in the current year to reduce its selling price by $2 per unit. how many units must be sold in the current year to earn the same profit as was earned last year? a. 15,000 units b. 12,000 units c. 16,500 units d. 12,960 units
Answers: 1
Business, 22.06.2019 03:50, raieliz1414
Suppose that a worker in agland can produce either 10 units of organic grain or 2 units of incense per year, and a worker in zenland can produce either 5 units of organic grain or 15 units of incense per year. there are 20 workers in agland and 10 workers in zenland. currently the two countries do not trade. agland produces and consumes 100 units of grain and 20 units of incense per year. zenland produces and consumes 50 units of grain and no incense per year. if each country made the decision to specialize in producing the good in which it has a comparative advantage, then the combined yearly output of the two countries would increase by a. 30 units of grain and 100 units of incense. b. 30 units of grain and 150 units of incense. c. 50 units of grain and 90 units of incense. d. 50 units of grain and 130 units of ince
Answers: 1
The following data came from the balance sheet of Han Company as of December 31, 20X2.
Dec. 31, 20...
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