Answer:
not true many people benfit most of all us!
Explanation:
Superfine Company collected the following data in preparing its cash flow statement for the year ended December 31, 2017: Amortization of bond discount $ 1,000 Dividends declared 22,500 Dividends paid 19,000 Gain on sale of equipment 3,000 Proceeds from the sale of equipment 5,000 Proceeds from the sale of treasury stock (carrying amount $32,500) 37,500 Purchase of BAS Inc. bonds (par value $100,000) 90,000 Required: Determine the following amounts that should be reported in Superfine’s 2017 statement of cash flows. What amount should Superfine report as net cash used in investing activities? What amount should Superfine report as net cash provided by financing activities?
Answer: a. ($85,000) ; b. $18500
Explanation:
a. What amount should Superfine report as net cash used in investing activities?
Sale of equipment = $5,000
Less: Purchase of bond = ($90,000)
Net cash used in investing activities = ($85,000)
b. What amount should Superfine report as net cash provided by financing activities?
Proceeds from treasury sold = $37500
Less: Dividend paid = ($19,000)
Net cash provided by financing activities will be: = $18500
Most state and local income taxes are either
Answer:
tax collected on the purchase price of goods or services
Explanation:
tax collected on the purchase price of goods or services
Most state and local income taxes are either tax collected on sales.
What is Tax?Tax are levy or due paid by an individual, organization or firm. It is paid to the government purse and the money is used by the government for their spending.
The payment is compulsory and the amount to aly is determined by the government.
Therefore, most state and local income taxes are either tax collected on sales.
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The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day. The average lead time to get a shipment of flour is 9 days with a standard deviation of 2 days. The owner of the bakery wants to maintain a service level of 95%.
z-value Probability
1.63 .9485
1.64 .9500
1.65 .9505
1.66 .9515
1.67 .9615
Which one of the following is true about the reorder point for flour?
Answer:
The Belwood Bread Company uses an average of 4,000 kilos of flour daily, with a standard deviation of 500 kilos per day is explained below in detail.
Explanation:
In my practice, it doesn't save capital, but it's still deserving it because it's wholesome and better than reserve purchased at the same amount.
For me, 1kg of all-purpose powder yields 1.6kg of bread (as two cubes). Each 13x4x4" (Pullman) loaf measures about 800 grams after freezing and yields between 22-30 slices related to its width. The value per loaf is under $1.00 and incorporates all components, charge, and electricity for mixing, baking, slicing.
I've created a few hundred loaves based on modifications of this formula:
% grams cost calories sodium protein fat sugar
all-purpose powder 100 500 0.417 1833 0 50 17 0
instant yeast 0.8 4 0.067 16 0 0 0 3
non-fat dry milk 4 20 0.203 70 0 7 10 109
sugar 4 20 0.019 75 0 0 20 0
canola oil 10 50 0.072 429 50 0 0
salt 2 10 0.006 0 0 0 0 3933
water 56 280 0.000 0 0 0 0 0
dough total 176.8 884 $0.783 2422 50 57 47 4045
Retained earnings can be decreased by all of the following except for Group of answer choices stock splits. some disposals of treasury stock. stock dividends. cash dividends.
Answer:
stock splits.
Explanation:
Retained earnings also known as accumulated earnings, can be defined as the total amount of net income held by a corporation for its future use after paying out dividends to its shareholders.
The retained earnings statement refers to a financial statement that enumerate changes in retained earnings for an organization over a specific period of time. The retained earnings statement is the statement of owner's equity that outlines details of changes in the amount of retained earnings (profits) over a specified period in an organization.
The main purpose of preparing a retained earnings statement is to boost investor's confidence and improve market value.
Retained earnings can be decreased by the following; some disposals of treasury stock, stock dividends, cash dividends except for stock splits.
The average number of times each dollar in the money supply is used to purchase goods and services is called:______.
a. the fractional reserve system.
b. the velocity of money.
c. the discount rate.
d. the quantity theory of money.
Answer:
o think the answer is the discount rate
The average number of times each dollar in the money supply is used to purchase goods and services is called the velocity of money.
What are the goods?The term Goods are products and resources that satisfy people's needs and wants. A good can be a natural science object, a provided service, or some accumulation of the two. Just about anything is good if it supplies some kind of benefit to consumers.
The velocity of money refers to The frequency with which an average dollar is spent on goods and services in a certain period of time is known as the velocity of money.
As a result, When the money supply and its velocity as a product grow more quickly than real GDP, prices rise.
Therefore, The right option (B) is correct.
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Which activity does the IRS allow nonprofit organizations to engage in?
advertising tax deductions for donations
compensating business owners based on profits
selling pharmaceuticals if it is a healthcare organization
increasing the value of shareholder’s investments
Will give brainliest to correct answer!
Answer: advertising tax deductions for donations
Explanation:
The activity does the IRS allow nonprofit organizations to engage in is
advertising tax deductions for donations.
What is IRS?It stands for Internal revenue service that administered the federal tax laws. In this, it contains the processing of tax return, tax payer service, and the enforcement.
So based on this, we can say that The activity does the IRS allow nonprofit organizations to engage in is advertising tax deductions for donations.
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Company Earnings per Share Market Value per Share
Hilton $ 12.00 $ 176.40
SPG 10.00 96.00
Hyatt 7.50 93.75
Accor 50.00 250.00
Compute the price-earnings ratio for each of these four separate companies.
Price-Earnings Ratio
Company Choose Numerator: Divided by Choose Denominator: Price-Earnings Ratio Price-earnings ratio
Hilton
SPG
Hyatt
Accor
Answer:
Price-Earnings Ratio = Market Value Per Share / EPS
Hilton Price-Earnings Ratio = 176.40 / 12
Hilton Price-Earnings Ratio = $14.7
SPG Price-Earnings Ratio = 96.00 / 10.00
SPG Price-Earnings Ratio = $9.6
Hyatt Price-Earnings Ratio = 83.75 / 7.50
Hyatt Price-Earnings Ratio = $12.5
Accor Price-Earnings Ratio = 250.00 / 50.00
Accor Price-Earnings Ratio = $5.0
The FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.
A. True
B. False
Answer:
A) true
Explanation:
FICA Tax can be regarded as matching tax, it is been paid by the employees and employers at equal rate. The tax can be divided into Social Security tax as well as Medicare tax. It shouldbe noted the FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.
Piper Pipes has the following inventory data: July 1 Beginning inventory 20 units at $120 5 Purchases 120 units at $112 14 Sale 80 units 21 Purchases 60 units at $115 30 Sale 56 units Assuming that a periodic inventory system is used, what is the cost of goods sold on a LIFO basis?
a. $15,392.
b. $15,412.
c. $7,328.
d. $7,348.
Answer:
COGS= $15,412
Explanation:
Giving the following information:
July 1 Beginning inventory 20 units at $120
July 5 Purchases 120 units at $112
July 14 Sale 80 units
July 21 Purchases 60 units at $115
July 30 Sale 56 units
First, we need to calculate the number of units sold:
Units sold= 136
To calculate the cost of goods sold using LIFO (last-in, first-out), we need to use the cost of the last units incorporated into inventory:
COGS= 60*115 + 76*112
COGS= $15,412
