Answers
Answer:
B. pediatrics
Explanation:
Specialization means focusing on one or a few areas of study, work, or production. A business or an individual concrete on the field where they have a comparative advantage. Specialization increases efficiency as the individual become experts in a particular area. As experts, their productivity increase as they use few resources to achieve a high standard of performance.
Pediatric is a specialized branch of medicine that caters to children. A pediatrician is an expert doctor focusing on treating children, which is specialization. A hospital, a general practitioner, and an organization are broad terms that don't point a specific line of activity.
Related Questions
the newsboys strike was widely considered a success for workers, while the homestead strike was considered a failure for workers. t/f
Answers
It is true that the newsboys strike was widely considered a success for workers, while the homestead strike was considered a failure for workers.
On July 18, newsboys in Long Island City, Queens, caught the Evening Journal deliveryman selling them short bundles, sparking the now-famous New York newsboy strike of 1899. They nearly started a children's general strike when they overturned his wagon, pursued him up the street, and triumphantly hauled off armloads of papers.
Boys refused to sell the two newspapers with the highest circulation in the country—William Randolph Hearst's Evening Journal and Joseph Pulitzer's New York World—over the course of the following two weeks in all five boroughs and in villages and cities throughout the northeast. Their activities inspired messengers and bootblacks in neighboring places to strike and demand better conditions, as well as newsboys in distant cities like Cincinnati, Ohio, Lexington, Kentucky, and Nashville, Tennessee.
Know more about newsboys here:
https://brainly.com/question/24608841
#SPJ4
Windborn Company has 15,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $30 par common stock.
The following amounts were distributed as dividends:
20Y1 $30,000
20Y2 12,000
20Y3 45,000
Common Stock
(dividends per share)
I cannot figure out Y1 or Y3
Answers
The dividends per share for the common stock in year 1 (Y1) is $0.60 per share, and in year 3 (Y3) is $0.90 per share.
To calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3), we need to determine the total dividends distributed and divide them by the number of common shares outstanding.
Given information:
Cumulative preferred stock: 15,000 shares, 1% dividend
Common stock: 50,000 shares, $30 par value
Dividends distributed:
Y1: $30,000
Y2: $12,000
Y3: $45,000
First, let's calculate the dividends per share for the cumulative preferred stock in each year.
Dividends per share for cumulative preferred stock = (Par value * Dividend rate) / Number of preferred shares
Dividends per share for cumulative preferred stock = ($100 * 1%) / 15,000 shares
Dividends per share for cumulative preferred stock = $1 / 15,000
Dividends per share for cumulative preferred stock = $0.000067 per share
Now, let's calculate the dividends per share for the common stock in year 1 (Y1) and year 3 (Y3).
For Y1:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $30,000 - ($0.000067 * 15,000)
Total dividends for common stock = $30,000 - $1.005
Total dividends for common stock = $29,998.995
Dividends per share for common stock in Y1 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y1 = $29,998.995 / 50,000 shares
Dividends per share for common stock in Y1 = $0.5999799 per share (rounded to $0.60 per share)
For Y3:
Total dividends for common stock = Dividends distributed - (Dividends per share for cumulative preferred stock * Number of preferred shares)
Total dividends for common stock = $45,000 - ($0.000067 * 15,000)
Total dividends for common stock = $45,000 - $1.005
Total dividends for common stock = $44,998.995
Dividends per share for common stock in Y3 = Total dividends for common stock / Number of common shares
Dividends per share for common stock in Y3 = $44,998.995 / 50,000 shares
Dividends per share for common stock in Y3 = $0.8999799 per share (rounded to $0.90 per share)
For such more question on dividends:
https://brainly.com/question/30360786
#SPJ8
Three recent college graduates have formed a partnership and have opened an advertising firm. Their first project consists of activities listed in the following table
Activity | Immediate Predecessor | Optimistic | Most Likely Pessimistic
A — 5 6 7
B — 8 8 11
C A 6 8 11
D — 9 12 15
E C 5 6 9
F D 5 6 7
G F 2 3 7
H B 4 4 5
I H 5 7 8
End E, G, I
b. Suppose it is now the end of the seventh day and that activities A and B have been completed while activity D is 50 percent completed. Time estimates for the completion of activity D are 5, 6, and 7. Activities C and H are ready to begin. Determine the probability of finishing the project by day 24 and the probability of finishing by day 21. (Round your intermediate calculations to 3 decimal places and final answers to 4 decimal places.)
Answers
The precedence diagram for the problem above is attached. See the definition of a precedence diagram and the probability calculations below.
What is a precedence Diagram?A precedence diagram is an optical or graphical representation tool that displays a project's activities.
What is the probability of finishing the project by the 24th day or less?
Recall that:
z = (Specified Time - Path's mean)/Path's Standard Deviation.
Hence for z₂₁
(21 − 20.5)/1.118 = 0.447 ≈ 0.45.
Hence the probability is: P(Z<0.45) =0.6736
(21 − 21.5)/1.344 = −0.3721 ≈ −0.37
Hence the probability is: P(Z<-.37) = 0.3557
(21 − 19.5)/.726 = 2.066 ≈ 2.07
Hence the probability is: P(Z<2.07) = 0.9808
Following through on the above, the project will be finished in less than 21 days is given as:
P = 0.23499920921
P ≈ 0.2350
Learn more about Probability at:
https://brainly.com/question/24756209
#SPJ1
in a market characterized by monopolistic competition, firms often use non-price competition to increase sales. which of the following is not a form of non-price competition?
Answers
in a market characterized by monopolistic competition discounts is not a form of non-price competition.
Monopolistic competition, a type of imperfect competition, sets several producers against one another while still delivering goods that can be differentiated from one another (for instance, by branding or quality) and are therefore not exact substitutes. In monopolistic competition, a company disregards how the prices established by its rivals would effect its own prices and accepts the prices set by those rivals as given. If this happens in the face of a forceful government, monopolistic competition will transform into a government-granted monopoly. The company maintains more capacity in contrast to the ideal competition. Monopolistic competition models are commonly used in industry models. Some examples of industries with market structures that resemble the monopolistic rivalry from textbooks are restaurants, cereals, clothing, shoes, and service sectors in large cities.
Learn more about monopolistic competition:
https://brainly.com/question/29407851
#SPJ4
Complete question is here:
in a market characterized by monopolistic competition, firms often use non-price competition to increase sales. which of the following is not a form of non-price competition?
A)perfect competition
B) oligopoly
C) Discounts
D)is unique
Holdup Bank has an issue of preferred stock with a $6 stated dividend that just sold for $93 per share. What is the bank's cost of preferred stock
Answers
Answer:
6.45%
Explanation:
Calculation for bank's cost of preferred stock
Using this formula
Cost of preferred stock = Dividend / Price of Stock * 100
Where,
Dividend $6
Price of Stock 93 per share
Let plug in the formula
Cost of preferred stock =6/93*100
Cost of preferred stock= 0.0645*100
Cost of preferred stock=6.45 %
Therefore the bank's cost of preferred stock will be 6.45%
Consider the organization you are currently working in and explain this organization from systems characteristics perspectives particularly consider objective, components (at least three) and interrelationships among these components with specific examples
Answers
Explanation:
I don't have direct knowledge of the organization you are currently working in. However, I can provide a general example to help illustrate the systems characteristics of an organization. Let's consider a fictional manufacturing company called "ABC Manufacturing."
Objective:
The objective of ABC Manufacturing is to efficiently produce and deliver high-quality products to its customers while maximizing profitability. The organization aims to maintain a competitive edge in the market by consistently meeting customer demands and optimizing its operations.
Components:
1. Human Resources: The employees of ABC Manufacturing form a crucial component. They include production workers, managers, engineers, and support staff. Each employee contributes their skills and expertise to ensure smooth operations. For example, production workers assemble products, engineers design new prototypes, and managers oversee the overall functioning of the organization.
2. Production Facilities: The physical infrastructure, including factories, warehouses, and equipment, is another vital component. These facilities house the production lines, machinery, and storage areas necessary for manufacturing products. The efficient functioning of the production facilities is essential to meet production targets and ensure the timely delivery of goods.
3. Supply Chain and Logistics: The supply chain component involves managing the flow of materials, resources, and finished products. This includes sourcing raw materials, coordinating with suppliers, inventory management, and distribution logistics. Effective supply chain management ensures that the right materials are available at the right time, minimizing delays and reducing costs.
Interrelationships among Components:
The components of ABC Manufacturing are interrelated and interconnected, forming a system that works together to achieve the organization's objectives. Here are a few examples of interrelationships among these components:
1. Human Resources and Production Facilities: The production facilities rely on the skills and efforts of the employees. Human resources ensure that the right talent is hired, trained, and deployed in the production process. They also provide support and maintenance services to ensure the smooth functioning of the production facilities.
2. Production Facilities and Supply Chain: The production facilities rely on the timely availability of raw materials from the supply chain. Efficient coordination between production and supply chain teams is necessary to maintain optimal inventory levels and avoid production delays.
3. Supply Chain and Human Resources: The supply chain team collaborates with human resources to forecast demand, plan workforce requirements, and align production schedules accordingly. Effective communication and coordination between these components ensure that the production process meets customer demand and avoids excessive inventory or stockouts.
By viewing ABC Manufacturing through a systems perspective, we recognize that the organization is a complex interplay of various components working together to achieve a common objective. Understanding the interrelationships and dependencies among these components helps in identifying areas for improvement and optimizing the overall performance of the organization.
Answer:Dashen Bank s.c is a company where I am working in it. The company’s objective is to maximize its profit and become from the lists in best class banks in Africa. To achieve this objective it has its own system which contains the following components
• A banking software called FLEXCUBE which is the core software which accomplishes the majority of the banking day to day activities e.g. cash withdrawal, cash deposit, account opening general leger account postings etc.
• CATPS(card application tracking and processing system) is a component of a system which is used to capture ATM card applications and authorize the processed/ captured applications in order to produce the cards
• Amole admin/internet banking application is used to create an access to the customers such that user name and passwords and and link bank accounts so customers can transfer money, make payments at home.
The above listed components have interrelation each other. E.g. in order to produce cards using CATPS, the customer must have a bank account with precise customer data such that signature, photo etc. so these stated things i.e. account opening, signature and photo uploading activities are processed by FLEXCUBE software. In the same manner, in order to get an access to the bank account using amole/ internet banking, the customer must have properly opened bank account with customer signature and photo which is also processed by using FLEXCUBE software.
What is another term for the part
of the
process in which the
theatre team gets to tell the story
to an audience?
A. in pre-production
B. in performance
C. strike
D. in process
Answers
Answer:
B is the answer.........
Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hours and its standard cost card per unit is as follows:
1. What is the materials quantity variance for March?
2. If Preble had purchased 171,000 pounds of materials at $7.20 per pound and used 155,000 pounds in production, what would be the materials quantity variance for March?
3. What is the labor rate variance for March?
4. What is the labor efficiency variance for March?
5. What is the labor spending variance for March?
Answers
Labor efficiency variance = (Actual hour * Standard rate) - (Standard hour * Standard rate).
Labor efficiency variance = $404,600 F
What is Labor efficiency variance?By "efficiency of labor," we mean a worker's ability to produce more or better work, or both, over the course of a given amount of time.
1) Labor efficiency variance = (68,000 * $17) - ((30,600 * 3) * $17)
Labor efficiency variance = $1,156,000 - (91,800 * $17)
Labor efficiency variance = $404,600 F
2) Variance in direct labor worked divided by variance in labor efficiency
Variance in labor costs is $404,600 - $68,000.
Variance in labor costs = $336,600 F
3) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Manufacturing variable overhead cost = 24,000 * $21
$504,000 is the variable manufacturing overhead cost.
4) Planned unit sold minus variable overhead equals variable manufacturing overhead cost.
Cost of variable overhead in production = 30,600 * $21
$642,600 is the variable manufacturing overhead cost.
Learn more about Labor efficiency variance, here
https://brainly.com/question/28013719
#SPJ1
Tobias is the manager of a major ski resort in Colorado that is open from October through March. What best describes his terms of employment?
seasonal
full-time
self-employed
entry level
Answers
Answer: It's seasonal.
Explanation:
Supply chain management is less about managing the physical movement of goods and more about managing information. Discuss the implications of this statement.
Answers
Supply chain management and actual distribution make up the distribution process.
What is distribution?Distribution is the process of delivering goods and services from the producer or manufacturer to the final consumer. It involves a series of activities such as storage, transportation, and marketing that ensure that products are available at the right place and time for customers. Distribution channels vary depending on the nature of the products or services, the target market, and the business strategy. For instance, a company may choose to sell its products directly to consumers through its own outlets or online platforms, or through intermediaries such as wholesalers, retailers, or distributors. Effective distribution is critical for the success of any business, as it ensures that products are delivered efficiently, cost-effectively, and in a way that meets the needs and expectations of customers.
To learn more about distribution, visit:
https://brainly.com/question/30467880
#SPJ1
explain Milton Friedman’s arguments against stakeholder theory
Answers
Friedman's main argument against stakeholder theory was that businesses have a sole responsibility to their shareholders, who have invested their money in the company with the expectation of earning a return on their investment. According to Friedman, businesses that try to satisfy the demands of various stakeholders, such as employees, customers, and suppliers, at the expense of shareholder returns are engaging in "socialist" behavior that undermines the efficient operation of the market economy.
Friedman also argued that businesses should not take on social or political causes because they lack the expertise and democratic legitimacy to do so. In his view, social and political issues are best addressed by government institutions and civil society organizations, not by businesses.
Furthermore, Friedman believed that businesses that engage in activities that benefit society, such as philanthropy or environmental initiatives, are effectively taxing their shareholders to support social causes that they may not agree with. He argued that it is not the role of businesses to make such decisions, but rather the role of individual shareholders and society as a whole.
Overall, Friedman's arguments against stakeholder theory were grounded in his belief that the sole responsibility of businesses is to maximize profits for their shareholders, and that businesses should not engage in activities that are outside of their core competencies or that may negatively impact shareholder returns.
SONAD COMPANY Income Statement For Year Ended December 31 Sales $ 1,828,000 Cost of goods sold 991,000 Gross profit 837,000 Operating expenses Salaries expense $ 245,535 Depreciation expense 44,200 Rent expense 49,600 Amortization expenses—Patents 4,200 Utilities expense 18,125 361,660 475,340 Gain on sale of equipment 6,200 Net income $ 481,540 Accounts receivable $ 30,500 increase Accounts payable $ 12,500 decrease Inventory 25,000 increase Salaries payable 3,500 decrease Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)
Answers
Answer:
Statement of Cash Flows (partial)
Cash flows from operating activities
Net income $481,540
Adjustments to reconcile net income to
net cash provided by operating activities
Income statement items not affecting cash
Depreciation expense $44,200
Gain on sale of equipment -$6,200
Amortization expenses–Patents $4200
Changes in current operating
assets and liabilities
Decrease in accounts payable -$12,500
Decrease in salaries payable -$3,500
Increase in accounts receivable -$30,500
Increase in Inventory -$25,000
Net changes -$29,300
Cash flows from operating activities $452,240
.
YEAR CUSTOMERS FORECAST BUFFET SERVICE TIME
No OF DINING HALLS
* 3,345.00
* 3,955.00
* 3,657.00
* 4,367.00
* 5,990.00
* 5,233.00
* 6,555.00
* 6,499.00
* 7,429.00
*6,877.00
‘Emilolokan' restaurant runs a buffet service in one (1) dining hall and operates 40 hours a week, 52 weeks a year. How many dining hall does the restaurant need a year assuming it takes one hour to serve each customer?
Given the Formula y = 463.14X + 2774.1
REQUIRED: Calculate the following
a) Forecast demand for year 11 and 12
b) Calculate capacity requirements to meet the forecast
c) Measure current capacity
d) Decide if and how the capacity will be bridged in the future(could we get by with 2 dining halls?)
Answers
The forecast demand for year 11 is 8218 customers.
The forecast demand for year 12 is 8681 customers.
How to calculate the valueFor year 11:
X = 11
y = 463.14(11) + 2774.1
y = 8217.54
Therefore, the forecast demand for year 11 is 8218 customers.
For year 12:
X = 12
y = 463.14(12) + 2774.1
y = 8680.68
Therefore, the forecast demand for year 12 is 8681 customers.
b) Capacity requirements = forecast demand * service time
Capacity requirements for year 11 = 8218 customers * 1 hour = 8218 hours
Capacity requirements for year 12 = 8681 customers * 1 hour = 8681 hours
c) The current capacity is given as one (1) dining hall operating for 40 hours per week, 52 weeks per year:
Current capacity = 1 dining hall * 40 hours/week * 52 weeks/year = 2080 hours/year
d) In conclusion, the restaurant would need to expand its capacity by adding more dining halls to meet the forecast demand for year 11 and 12.
Learn more about demand on
https://brainly.com/question/1245771
#SPJ1
Saucony is considering adding a new item to its Hurricane line of running shoes to increase its product line depth. All options would be acceptable EXCEPT: Selected Answer: inserting an item of a price and performance level that fills a gap between two existing items. inserting an item of a price and performance level that fills a gap between two existing items. Answers: adding a new private-label product. adding a lower-priced item that is still capable of satisfying the needs of some customers. adding a higher-priced shoe with a higher performance level.
Answers
Except for introducing an additional private-label product, all alternatives would be acceptable. (Choice b)
What do we mean by a product with a private label?A house brand, also known as a private label or private-label trademark, is a product line sold by one firm in competition with products from other companies. Goods sold under a company's own brand but produced by an outsider known as a private label producer are referred to as "private label." In those other words, the business that markets and sells the product is distinct from the business that really manufactures it. One of the most well-known private label brands in the world is Costco's house brand.
To know more about private-label visit:
https://brainly.com/question/22985543
#SPJ1
Is the concentration ratio an accurate measure of the extent of competition?
The four-firm concentration ratio
A.
is flawed in that it .
B.
is accurate because it is based on estimates from the U.S. Census Bureau.
C.
is flawed in that it .
D.
is accurate because it is based on national and global competition.
E.
is flawed in that it .
Answers
Answer:
Find the difference of 67.2 and 23.9.
Explanation:
1. If you are attending a two-year school and plan to transfer to a four-year school, you should
O select only easy courses while you are at a two-year school.
O complete courses that may not transfer.
O transfer without any help from an adviser.
O choose your major early.
Answers
Answer:
Complete courses that may not transfer.
Explanation:
Transferring from a Two-Year College to a Four-Year College. If this is your plan, be sure that the classes you enroll in not only meet the requirements for your associate's degree but can also be put toward a bachelor's degree at the four-year colleges you're considering.
I may not be right but I tried.
Answer:
O select only easy courses while you are at a two-year school.
Explanation:
Use the graph to the right to help determine which of the following straments regarding the labor force pactions of ad men and womans 160OA. The overall labor force participation rate is higher today than it was in 1950OB. The labor force participation of adult and adult women were equal in 1990Oc. The labor for participation of has declined gradually in 1950OD. The labor force participation rate of adult women has increased significantly since 1960
Answers
The statement regarding the labor force participation of adult men and women that is true is D. The labor force participation rate of adult women has increased significantly since 1960.
How has the labor force participation rate of adult women increased ?The labor force participation rate of women in the United States has indeed increased significantly since 1960. In 1960, only 29.6% of women participated in the labor force, compared to 59.7% of men. By 2020, the labor force participation rate for women had increased to 57.4%, approaching parity with men's labor force participation rate of 69.6%.
While the labor force participation rate has fluctuated over time, there was not a gradual decline in the labor force participation rate in 1950.
Find out more on force participation rate at https://brainly.com/question/13830491
#SPJ1
Can someone please help me with PART B)
its very confusing to me.
Thank you.
Answers
Part B) The adjusting journal entries to the accounts of Banners Inc. are as follows:
Debit Bank Charges $50
Credit Cash $50
To record the bank charges.Debit Cash $4,000
Credit Notes Receivable $4,000
To record the receipt of the notes.Debit Cash $396
Credit Accounts Payable $396
To reverse an overstated check entered as $915 instead of $519.Debit Accounts Receivable $200
Credit Cash $200
To record an NSF check from a customer.Analysis of Transactions Affecting the Banners Records:Bank Charges $50 Cash $50
Cash $4,000 Notes Receivable $4,000
Cash $396 Accounts Payable $396
Accounts Receivable $200 Cash $200
Learn more about adjusting the cash account balance at https://brainly.com/question/13542705
#SPJ1
help please!
A firm has costs of $1,000,000 for new investment outlays that are subject to an investment tax credit. The stated government purpose of having this investment tax credit is to stimulate the firm's business investments. Suppose the investment tax credit rate is 30%. How much does this reduce the cost of purchasing the assets? Assume an 8% rate of borrowing and a corporate tax rate of 40%.
Answers
ANSWER: The tax credit serves to immediately reduce the costs. The savings is 10% of one million dollars or $100,000r eduction in the purchase.
What types of decision need to be made by groups?
Answers
After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. What behavioral characteristic does Shrum have as the basis for her decision making? Please explain your answer.
Answers
After Polly Shrum sells a stock, she avoids following it in the media. She is afraid that it may subsequently increase in price. Shrum has fear of regret. She is hesitant to examine stock prices out of concern that they may have increased and she may have lost out on possible gains.
To prevent the fear of regret, the investor may become less risk-averse in the future and may purchase any stock recommended by the media without completing any background investigation. During lengthy bull markets, regret theory leads some investors to continue to invest aggressively, dismissing warning signals of a coming disaster.
According to regret theory, people anticipate remorse if they make the wrong option and take it into account while making decisions. Fear of regret may either deter or motivate people to act. Regret theory has the potential to influence an investor's rational conduct, diminishing their capacity to make financial decisions that benefit them rather than damage them.
Learn more about Stock here:
https://brainly.com/question/25765493
#SPJ1
Assessment
Which of the following is an example of investing in yourself?
A. Taking the time to learn how to create a budget.
B. Investing your money in the stock market.
C. Planning out your financial goals.
D. Signing up for an online class.
10/10
Answers
Answer:
A
Explanation:
The reason is because you can learn new techniques on money saving and budgeting.
Which of the following best describes a player's role in any game?
O A. The name of his or her character.
O B. The number of turns he or she gets to take.
O C. The way he or she scores points.
O D. The actions expected of him or her.
Answers
1. Beginning in the decade of the 1950s, NASA first initiated a program to develop
and launch a series of passive satellites.
Answers
Beginning in the decade of the 1950s, NASA first initiated a program to develop and launch a series of passive satellites. (True)
What was NASA's Motive in early 1950s?Beginning in the decade of the 1950s, NASA first initiated a program to develop the start of operations for the National Aeronautics and Space Administration. At the time, it had a staff of only 8,000 people and an operating budget of $100 million. The National Advisory Committee for Aeronautics left NASA with three major research laboratories at the time: the Langley Aeronautical Laboratory, established in 1918; the Ames Aeronautical Laboratory, activated near San Francisco in 1940; and the Lewis Flight Propulsion Laboratory, built in Cleveland, Ohio, in 1941. Additionally, NASA had two small test facilities, one for high-speed flight research at M. Other government research agencies were soon added.
To learn more about NASA from the given link:
https://brainly.com/question/29603360
SPJ1
Complete question:
State where given statements is True or False
1. Beginning in the decade of the 1950s, NASA first initiated a program to develop and launch a series of passive satellites.
1) Name TWO disadvantages of chain drives. [2]
Answers
Answer:
Disadvantages of chain drives are as follows;
Explanation:
Chain drives aren't allowed to be used in situations where slip is a device necessity.In comparison to belt movements, they necessitate precise alignment.If you have many competing financial goals, what should you do to help yourself focus on the most important ones?
A.
Get more unearned income.
B.
Prioritize and make a budget.
C.
Open a checking account.
D.
Diversify your investments.
Answers
Answer:
B.
Prioritize and make a budget.
The Murdock Corporation reported the following balance sheet data for 2021 and 2020:
2021 2020
Cash $98,465 $34,355
Available-for-sale debt
securities (not cash
equivalents) 25,000 104,000
Accounts receivable 99,000 85,350
Inventory 184,000 162,100
Prepaid insurance 3,210 3,900
Land, buildings, and
equipment 1,288,000 1,144,000
Accumulated depreciation (629,000 ) (591,000 )
Total assets $1,068,675 $942,705
Accounts payable $93,440 $167,670
Salaries payable 27,600 34,000
Notes payable (current) 42,100 94,000
Bonds payable 219,000 0
Common stock 300,000 300,000
Retained earnings 386,535 347,035
Total liabilities and
shareholders' equity $1,068,675 $942,705
Additional information for 2021:
(1) Sold available-for-sale debt securities costing $79,000 for $85,400.
(2) Equipment costing $20,000 with a book value of $6,900 was sold for $8,850.
(3) Issued 6% bonds payable at face value, $219,000.
(4) Purchased new equipment for $164,000 cash.
(5) Paid cash dividends of $29,500.
(6) Net income was $69,000.
Required:
Prepare a statement of cash flows for 2016 in good form using the indirect method for cash flows from operating activities.
Answers
Answer:
The Murdock Corporation
Statement of Cash Flows for the year ended December 31, 2021
Operating activities (only):
Net income $69,000
Depreciation expense 51,100
Gain on sale of securities (6,400)
Gain on sale of equipment (1,950)
Changes in working capital:
Accounts receivable (13,650)
Inventory (21,900)
Prepaid insurance 690
Accounts payable (74,230)
Salaries payable (6,400)
Notes payable (current) (51,900)
Cash flow from operations ($55,640)
Explanation:
a) Data and Calculations:
2021 2020 Change
Cash $98,465 $34,355 +$64,110
Available-for-sale debt securities
(not cash equivalents) 25,000 104,000 -79,000
Accounts receivable 99,000 85,350 +13,650
Inventory 184,000 162,100 +21,900
Prepaid insurance 3,210 3,900 -690
Land, buildings, and
equipment 1,288,000 1,144,000 +144,000
Accumulated depreciation (629,000 ) (591,000 ) +38,000
Total assets $1,068,675 $942,705
Accounts payable $93,440 $167,670 -74,230
Salaries payable 27,600 34,000 -6,400
Notes payable (current) 42,100 94,000 -51,900
Bonds payable 219,000 0 +219,000
Common stock 300,000 300,000 0
Retained earnings 386,535 347,035 +39,500
Total liabilities and
shareholders' equity $1,068,675 $942,705
Additional information for 2021:
1. Available=for-sale debt securities:
Cost = $79,000
Sales = 85,400 Cash
Profit = $6,400
2. Equipment:
Cost = $20,000
Acc. Dep. 13,100
Book value 6,900
Cash sales 8,850
Profit = 1,950
Accumulated Depreciation:
Beginning balance $591,000
Sale of equipment (13,100)
Depreciation expense 51,100
Ending balance 629,000
3. Bonds issue = $219,000
Interest on bonds = 13,140 ($219,000 * 6%)
4. Purchase of new equipment = $164,000
5. Cash dividends = $29,500
6. Net income = $69,000
Statement of Cash Flows for the year ended December 31, 2021
Operating activities:
Net income $69,000
Depreciation expense 51,100
Gain on sale of securities (6,400)
Gain on sale of equipment (1,950)
Changes in working capital:
Accounts receivable (13,650)
Inventory (21,900)
Prepaid insurance 690
Accounts payable (74,230)
Salaries payable (6,400)
Notes payable (current) (51,900)
Cash flow from operations ($55,640)
Investing activities:
Sale of equipment 8,850
Purchase of equipment (164,000)
Available-for-sale debt securities
(not cash equivalents) 85,400
Cash flow from investing ($69,750)
Financing activities:
Issue of bonds 219,000
Dividends (29,500)
Cash from financing $189,500
Net Cash flows $64,110
Reconciliation:
Beginning cash balance $34,355
Net Cash flows $64,110
Ending cash balance $98,465
6x²+x-28
solve this everyone
Answers
Answer:
x = 2.0785 and x = -2.245
Explanation:
The following is the step by step solution to the problem.
6x² + x - 28 = 0
Where,
a = 6
b = 1
c = -28
Using the formula,
x = [(-b + √((b)² - 4ac)) / 2a] and x = [(-b - √((b)² - 4ac)) / 2a]
x = [(-1 + √((1)² - 4(6)(-28))) / 2(6)] and x = [(-1 - √((1)² - 4(6)(-28))) / 2(6)]
x = [(-1 + 25.94) / 12 and x = [(-1 - 25.94) / 12
x = 2.0785 and x = -2.245
An auditor who wishes to work in public accounting would strongly consider
getting which
certification/license?
O A. CMA
OB. CFE
OC. CIA
OD. CPA
Answers
Select the correct text in the passage.
Read the following paragraph and determine which components highlight the purpose of personal protective equipment.
The food service manager of the restaurant San Lucas requests permission from the owner to buy personal protective equipment for some of the
kitchen staff. The owner comments that it is a good idea. She thinks that personal protective equipment would help the kitchen staff feel happier at
work. The staff would also look more professional when working in the open kitchen. The food service manager added that the personal protective
equipment would keep the employees safer, especially when working with extreme temperature items. He also informed the owner that the equipment
would allow the restaurant to comply with the latest government regulations on food service operations.
Reset
Next
Answers
The purpose of personal protective equipmentis that the personal protective equipment would keep the employees safer, especially when working with extreme temperature items.
What is personal protective equipment?Personal protective equipment can be described as the meausres that can help to prevent the employee from danger in broader sense oit can be described as the items such as gloves, safety glasses and shoes, earplugs or muffs, hard hats, as well as full body suits that can be used to ensure proper safety with theuse of personal protective equipment.
In conclusion, from the paragraph it can be seen that purpose of personal protective equipment is one that would keep the employees safer, especially when working with extreme temperature items which is the components that highlight the purpose of personal protective equipment.
Learn more about employees at:
https://brainly.com/question/27701525
#SPJ1