A comparative balance sheet for Anthro Corp. follows. Net income for 2020 was $25,000, and cash dividends of $10,000 were paid in 2020. No buildings and equipment were sold in 2020 and land was sold at cost.
Please prepare a statement of cash flows for the year using the indirect method to present cash flows from operating activities.
Indirect Method - Preparing a Statement of Cash Flov A comparative balance sheet for Anthro Corp. follows. Ne Comparative Balance Sheet December 31 2019 2020 Assets Cash $20,000 $38,000 Accounts receivable 150,000 170,000 Inventory 200,000 230,000 Land 85,000 70,000 Building and equipment 175,000 200,000 Accumulated depreciation (65,000) (80,000) Total assets $565,000 $628,000 Liabilities and Stockholders' Equity Accounts payable $75,000 $90,000 Income taxes payable 42,000 30,000 Notes payable (long-term) 80,000 100,000 Preferred stock 75,000 75,000 Common stock (no-par) 175,000 200,000 Retained earnings 118,000 133,000 Total liabilities and stockholders' equity $565,000 $628,000 Prepare a statement of cash flows for the year ended Dece 55°F Mostly sunny Prepare a statement of cash flows for the year ended Decemb $ 0 0 0 Statement of Cash Flows For Year Ended December 31, 2020 Cash flows from operating activities Net income Adjustments: Depreciation expense Increase in accounts receivable Increase in inventory Increase in accounts payable Decrease in income taxes payable Net cash provided (used) by operating activities Cash flows from investing activities Sale of land Purchase of building and equipment Net cash provided (used) by investing activities Cash flows from financing activities Issuance on long-term debt issuance Issuance of common stock Cash paid for dividends Net cash provided (used) by financing activities Net increase in cash during 2020 Cash, January 1, 2020 Cash, December 31, 2020 0 0 0 0 0 0 0 0 0 0 $ 0 Previous Save Answers

Answers

Answer 1

Statement of Cash Flows For Year Ended December 31, 2020 .Cash flows from operating activities: Net income: $25,000

Adjustments:

 Depreciation expense: ($80,000 - $65,000) = $15,000
 Increase in accounts receivable: ($170,000 - $150,000) = -$20,000
 Increase in inventory: ($230,000 - $200,000) = -$30,000
 Increase in accounts payable: ($90,000 - $75,000) = $15,000
 Decrease in income taxes payable: ($30,000 - $42,000) = -$12,000
Net cash provided (used) by operating activities: $25,000 + $15,000 - $20,000 - $30,000 + $15,000 - $12,000 = -$7,000

Cash flows from investing activities:
 Sale of land: $0 (sold at cost)
 Purchase of building and equipment: ($200,000 - $175,000) = -$25,000
Net cash provided (used) by investing activities: -$25,000

Cash flows from financing activities:
 Issuance of long-term debt: ($100,000 - $80,000) = $20,000
 Issuance of common stock: ($200,000 - $175,000) = $25,000
 Cash paid for dividends: -$10,000
Net cash provided (used) by financing activities: $20,000 + $25,000 - $10,000 = $35,000

Net increase in cash during 2020: -$7,000 - $25,000 + $35,000 = $3,000
Cash, January 1, 2020: $20,000
Cash, December 31, 2020: $20,000 + $3,000 = $23,000

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Related Questions

What type of marketing is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller?.

Answers

A type of marketing that is generally characterized by limited communications and little or no ongoing relationship between the buyer and seller is transactional marketing.

What is transactional marketing?

Transactional marketing is one business strategy that focuses on single "point of sale" transactions. This strategy emphasizes is on maximizing the volume and efficiency of individual sales rather than developing a relationship with the buyer. The advantage of this strategy is the cost-effective strategy to build a sales model. It's because the strategy doesn't focus on brand image and the promotional costs are low. The example of transactional marketing is a shopping channel on TV advertising a new product and provides a phone number or website to buy the product in that moment.

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What rate of return is required to have $100,000 in 10 years if you start saving $5,000 a year starting now

Answers

The rate of return required to have $100,000 in 10 years with an annual savings of $5,000 starting today is 11.43%.

What is the compound interest?

The compound interest is the computed interest on an investment's principal plus all previously accumulated interests.

The rate for the compound interest can be computed using an online finance calculator as follows:

Data and Calculations:

N (# of periods) = 10

I/Y (Interest per year) = 11.43%

PV (Present Value) = $5,000

PMT (Periodic Payment) = $5,000

Results:

FV = $100,117.84

Interest per year = 11.43%

Sum of all periodic payments = $50,000 ($5,000 x 10 years)
Initial deposit = $5,000

Total Interest $45,117.84

Thus, the rate of return required to have $100,000 in 10 years with an annual savings of $5,000 starting today is 11.43%.

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if an inspection must be conducted on a contract post office operated from a privately-owned building, who has jurisdiction to inspect this facility?

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If an inspection must be conducted on a contract post office operated from a privately-owned building, Local Fire department has jurisdiction to inspect this facility.

What is jurdisiction?

The legal word for a court's power to hear cases and render decisions is jurisdiction. A constitutional foundation underlies this power. Appellate jurisdiction, concurrent jurisdiction, and federal jurisdiction are a few examples of judicial jurisdiction.

Appellate jurisdiction is the ability of a superior court to remedy legal errors committed by a lower court (as opposed, for example, to state jurisdiction). In a certain region, a court may also be allowed to do business. In the United States, only minor offenses can be prosecuted using summary jurisdiction, in which a magistrate or judge has the authority to conduct processes that end in a conviction without a jury trial.

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at the output stage, managers usually utilize ________ control.

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At the output stage, managers usually utilize feedback control. Feedback control, also known as post-action control, involves comparing actual performance to a standard or expected level of performance and taking corrective action as needed to bring performance back in line with expectations.

Feedback control is based on the assumption that the desired output or performance can be clearly defined and measured. This requires the establishment of clear performance standards and the measurement of actual performance against these standards. In addition, feedback control requires that managers have timely and accurate information about performance, so that they can identify any deviations from the standard and take corrective action as needed.

Feedback control can be used in a wide range of contexts, from manufacturing to service delivery to project management. For example, a manufacturing manager might use feedback control to monitor the output of a production line and adjust the process as needed to maintain quality and efficiency. Similarly, a project manager might use feedback control to monitor project milestones and adjust the project plan as needed to stay on track.

Feedback control has several advantages. It allows managers to identify and correct problems quickly, before they become more serious. It also provides a clear basis for evaluation and accountability, since actual performance can be compared to established standards. However, feedback control has some limitations as well. It assumes that the desired output or performance can be clearly defined and measured, which may not always be the case. In addition, feedback control is reactive rather than proactive, since it relies on past performance to identify problems and make adjustments.

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What phrase could a licensee use in advertising that would not discriminate on the basis of familial status

Answers

Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

A familial status discrimination is known to occurs when the landlord, manager  or property owner treats someone very differently.

The other options clearly discriminate the familial status.

Hence, the Senior discount is the phrase that a licensee could use in advertising that would not discriminate.

Therefore, the Option is correct.

Missing options "Couples only Empty nesters No bicycles allowed Senior discount"

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what leadership means to you, why you are (or want to be) a leader, and discuss your current leadership capabilities and effectiveness. set SMART goals for improving your leadership capabilities. Your paper should be 3-5 pages (including your title page BUT excluding any references, figures, and table).

Answers

Introduction:

- Briefly define leadership and its significance in personal and professional contexts.

- Explain the purpose of the paper and outline the main sections.

Section 1: What Leadership Means to You:

- Provide your understanding and definition of leadership.

- Discuss the key characteristics and qualities you believe are important for effective leadership.

- Share any personal experiences or examples that have shaped your perspective on leadership.

Section 2: Motivations and Aspirations as a Leader:

- Explain why you are interest in leadership or why you aspire to be a leader.

- Discuss your motivations, values, and beliefs that align with leadership roles.

- Highlight any specific leadership positions or responsibilities you currently hold or aspire to hold.

Section 3: Current Leadership Capabilities and Effectiveness:

- Reflect on your current leadership capabilities and assess your effectiveness as a leader.

- Discuss strengths and weaknesses in your leadership approach.

- Share examples or anecdotes that illustrate your leadership experiences and their outcomes.

Section 4: SMART Goals for Improving Leadership Capabilities:

- Develop SMART (Specific, Measurable, Achievable, Relevant, Time-bound) goals to enhance your leadership capabilities.

- Identify areas for improvement based on self-reflection and feedback.

- Set clear and actionable goals that align with your aspirations and address specific weaknesses.

Conclusion:

- Summarize the key points discussed in the paper.

- Reiterate the significance of leadership and personal growth in becoming an effective leader.

- Reflect on the importance of continuously developing leadership skills and the potential impact on personal and professional success.

Please note that this is a general structure and content outline.

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how do you wrrite the word pneumonoultramicroscopicsilicovolcanoconiosi aand what does it mean?

Answers

Answer:

Pneumonoultramicroscopicsilicovolcanoconiosis

Explanation:

Pneumonoultramicroscopicsilicovolcanoconiosis is a phrase used to describe a lung condition produced by inhaling silica dust, as in I had difficulty breathing and my doctor diagnosed me with pneumonoultramicroscopicsilicovolcanoconiosis.

When making decisions, managers often must decide between doing what is beneficial for the firm in the short term, and what is beneficial for both the firm and society in the long term. To address this conflict, a firm must

Answers

When making decisions, managers are often faced with a conflict between what is beneficial for the firm in the short-term and what is beneficial for both the firm and society in the long-term.

This conflict arises because the actions that benefit the firm in the short-term may not necessarily align with the interests of society as a whole, which can lead to negative consequences for both the company and society in the long-term.

To address this conflict, a firm must adopt a long-term orientation and consider the broader social and environmental impacts of its decisions. This means looking beyond immediate financial gains and recognizing that actions taken today can have far-reaching implications for the company's reputation, customer loyalty, employee morale, and overall sustainability.

Firms that prioritize social responsibility and sustainable business practices are more likely to build strong relationships with stakeholders, including customers, employees, investors, and regulators. They are also better equipped to weather economic downturns and other disruptions, as they have diversified their risk and invested in building resilient supply chains and communities.

Ultimately, the key to addressing the conflict between short-term gains and long-term benefits is a commitment to corporate social responsibility (CSR) and sustainable business practices. By prioritizing the needs of society and the environment alongside those of shareholders, firms can create value for all stakeholders over the long-term, ensuring their continued success and impact.

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The nominal interest rate could best be described as the___rate.

Answers

Answer:

stated

Explanation:

The nominal interest rate could best be described as the stated rate.

The nominal interest rate could best be described as the stated rate. Thus, 'stated rate' is the correct answer.

What is the nominal interest rate?

The nominal interest rate, also known as the nominal rate of interest, is the interest rate that is quoted on a loan or investment without any changes or expenses. Real interest rates can be used to account for the effects of inflation. This real interest is what the lender really receives in the case of a loan.

The (effective) real rate of interest, for instance, is zero if the lender receives an interest rate of 8% from a loan and inflation is also 8%. Despite the increased nominal amount of currency received, the lender would not benefit financially from such a loan because each unit of currency would be devalued because of inflation by the same factor as 8%.

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Legal authorization by a brand owner to allow another company to "rent" its brand name for a fee is called

Answers

Answer:

The appropriate answer is "License agreement".

Explanation:

A written agreement only between various firms where a property owner allows perhaps another entity throughout accordance with a certain set of requirements called a license agreement.In so far as it has jurisdiction, the consequence including its license is to terminate or ease the ruling of conflict. It should be the presumption that perhaps the license should be a province of security.

explain how characteristics of mncs can affect the cost of capital

Answers

The characteristics of multinational corporations (MNCs) can affect the cost of capital by influencing the level of perceived risk and uncertainty associated with investing in the company.

Factors such as the size, stability, and diversification of the company, as well as its reputation, financial strength, and level of transparency, can all affect the cost of capital.

For example, a larger, more established MNC with a strong reputation and a diverse range of operations is likely to have a lower cost of capital than a smaller, less established company with a less favorable reputation.

Investors typically demand a higher return to compensate for the higher perceived risk associated with investing in companies that are perceived to be less stable or less transparent. As such, MNCs must carefully manage their reputation and financial strength to ensure that they are able to access capital at a favorable cost.

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monty, inc. is considering purchasing equipment costing $90000 with a 6-year useful life. the equipment will provide annual cost savings of $22600 and will be depreciated straight-line over its useful life with no salvage value. monty requires a 10% rate of return. present value of an annuity of 1 period 8% 9% 10% 11% 12% 15% 6 4.623 4.486 4.355 4.231 4.111 3.784 what is the approximate net present value of this investment?

Answers

4.231% is the approximate net present value of this investment.

How do you calculate IRR manually?Choose two potential discount rates. Choose two discount rates to apply before you start your calculations.Make a net present value calculation. Calculate the net present values based on each estimate using the two values you chose in step one.Determine the IRR.

You may determine how profitable an investment is by looking at its IRR value; a greater IRR indicates a higher return on investment. An IRR of 20%, for instance, would be seen favorably in the field of commercial real estate, but it's crucial to keep in mind that it's always correlated with the cost of capital.

Formula and Calculation for IRR

\(\begin{aligned} &\text{IRR}=\text{NPV}=\sum_{t=1}^{T}\frac{C_t}{\left(1+r\right)^t}-C_0=0\\ &\textbf{where:}\\ &C_t=\text{Net cash inflow during the period t}\\ &C_0=\text{Total initial investment costs}\\ &r=\text{The discount rate}\\ &t=\text{The number of time periods}\\ \end{aligned}\)

4.231% is the approximate net present value of this investment.

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4. Which statement best describes the relationship between the war during 1941 and 1944? A. In both years, the Germans are winning the war, making 1944 an urgent moment to surprise them. B. In 1941 the Germans were winning but in 1944 the Allies had dealt them many losses. C. In 1941 and 1944, the Allies were winning but not quite able to destroy the German army. D. In 1941, the Germans were better trained than the Allies are in 1944.

Answers

Answer:

B. In 1941 the Germans were winning but in 1944 the Allies had dealt them many losses.

Explanation:

In 1941, the German army was extremely successful and you could say that they were winning since most allied troops had suffered great losses. Germany was trying to expand and gain more territory. By 1944, the American army and the remains of the allied forces had almost defeated the German army and were already fighting in continental Europe.

Initially you are going to work with a buyer as a transaction broker. before showing property you will provide the buyer with a:____.

Answers

Initially you are going to work with a buyer as a transaction broker, before showing property you will provide the buyer with a prospectus.

Prospectus is a legal document in which all the details are described about the organisation or the workplace associated. A transaction broker would keep all the details regarding the things he she is dealing with the third party organisation.

A proforma is been provided to the third party to assist in the relativeness, place and the amount which is to be considered while negotiating property.

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Commingling is mixing the money of the agent and the principal together.

A. True
B. False

Answers

True.

Commingling is the unlawful use of a client's funds by a licensee, often mixing their own funds with the client's.

During the _____ stage of the business cycle, high unemployment begins to decline and the total disposable income of consumers increases.

Answers

Answer: I'm pretty sure the answer is recovery

Explanation:

because the cycle goes Prosperity, recession, depression, recovery




1.
There are three main credit reporting bureaus -- Equifax, Experian, and TransUnion. How
frequently can you request and receive a free credit report from each bureau?

Answers

Every Credit user is entitled to a free credit report every 12 months (1 years) from either of Equifax, Experian, or TransUnion.

What are credit reporting agency?

These are agency that maintains only an historical credit information on individuals and businesses.

The maintained historical credit information helps in preparation of the credit report and score of all individuals and businesses in United states..

In U.S., the three main credit reporting bureaus includes the Equifax, Experian and TransUnion.

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What can a cover letter explain that a résumé cannot?

Answers

Answer:

Cover letters can also provide insight and explanation into sensitive information that your resume cannot, such as lapses in employment, career changes and layoffs.

Explanation: I put this as my answer and got it right. :)

Cover letters can reveal and explain sensitive information that your resume cannot, such as work gaps, career changes, and layoffs.

Resume and Cover Letter

The thing that a cover letter can explain but a resume can not is that the cover letter explain the interest in the position and what makes the person fit for the job but a resume provides information about a potential employee's professional and academic background.

A cover letter's objective is to provide employers with a peek of the person behind the resume. Cover letters can also reveal and explain sensitive information that your resume cannot, such as work gaps, career changes, and layoffs.

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What can a cover letter explain that a rsum cannot?

Please read instructions all the way through, brainiest will be given and 50 pts. Explain the logistics of product delivery. Describe the ins-and-outs of importing and exporting your products. What are the most critical components of delivery and importing/exporting? (i know for a fact that you have to do research on latest distribution trends and i can give you a link to a possibly helpful website if you need, i mainly need pointers for starting off and maybe a little bit of guidance in creating a 2 page response)

Answers

Answer:

The logistics of product delivery could be described as all that's entailed in ensuring a goods or product gets to a customer's destination after it has been purchased from a particular destination.

Explanation:

The logistics of product delivery could be described as all that's entailed in ensuring a goods or product gets to a customer's destination after it has been purchased from a particular destination. It might include shipment or freight if the goods is coming from outside the desired clients location.

Ins-and-outs of importation;

- You'd have to decide the country you're buying from

- The next is to search for suppliers, those who sell the item in that particular country you've searched.

- You'll then need to search what their duty and taxes are, which you'd have to consider in the cost

- Finally, you'll need to find a reliable freight forwarder and customs broker who would handle the clearing of the goods when they get to your country.

Export has the same but there some changes as this time you'd have searched those who need your product and considered all that's needed to ship in your country and how it'll be cleared over your customers destination

am kandy but pls don't friends me...thank me or comment on this q anymore cz this is my school acc.

Inflation is assumed to be a temporary problem that does not affect financial decisions.

Answers

While it is true that inflation is often temporary, it can still have a significant impact on financial decisions.

What is financial?

Financial refers to the management of money, including its investment, lending, budgeting, and saving. It is based on the principles of economics, which studies how people, businesses, and governments make decisions about money. Financial activities include the buying and selling of stocks, bonds, mutual funds, and other investments, borrowing money from lenders such as banks, and managing personal budgets. Financial planning and advice are important for individuals and businesses to make wise decisions about their finances and ensure long-term financial stability.

Inflation can affect the cost of goods and services, for example, and can reduce the purchasing power of a currency. It can also cause interest rates to rise, which affects the cost of borrowing. As such, it is important to consider the potential impact of inflation when making financial decisions.

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when the city wishes to take title to property for public improvements, title may be acquired from an unwilling owner through the right of: select one: a. adverse possession. b. police power. c. dedication. d. eminent domain.

Answers

The correct answer is eminent domain. When the city wishes to take title to the property for public improvements, the title may be acquired from an unwilling owner through the right of eminent domain.

Eminent domain allows the government to take private land for public purposes with reasonable compensation. Condemnation is this. Eminent domain comes from the Fifth Amendment to the US Constitution, which declares that no one shall be deprived of life, liberty, or property without due process of law, or private property is taken for public use without just compensation. The government must pay the property owner fair market value for the property confiscated. The property owner may contest the compensation amount in court.

In conclusion, the city may acquire property from an unwilling owner through the right of eminent domain, which is the government's right to acquire private property for public use provided that the property owner receives fair compensation.

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kaila wants her employer to pay her 20% more for making night deliveries in a high-crime neighborhood than the day delivery people receive. most of the delivery people are willing to make night deliveries in the neighborhood for only a 10% differential. kaila is seeking: group of answer choices a compensating differential based on her individual concerns about the risks. a compensating differential because others are undervaluing her concerns. less than a compensating differential because she is asking for more than others are. more than a compensating differential because she has greater concerns than most workers.

Answers

The employer will need to weigh the cost of compensating Kaila at a higher rate against the risk of losing her as an employee if they are unable to come to an agreement.

Kaila is seeking a compensating differential based on her individual concerns about the risks. This means that she is requesting a higher pay for the night deliveries because she perceives the risk of working in a high-crime neighborhood to be greater than what most of the other delivery people believe. In other words, Kaila is valuing her safety more and therefore wants to be compensated more for taking on that risk

. However, her request for a 20% increase may be more than what the employer is willing to provide, especially if most of the other delivery people are only requesting a 10% differential. Ultimately, the employer will need to weigh the cost of compensating Kaila at a higher rate against the risk of losing her as an employee if they are unable to come to an agreement.

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Imagine that you are a manager in a restaurant. Each month you have to purchase supplies for the restaurant. A meat supplier offers you a kickback of 10% if you purchase meat from him, even though his prices are slightly higher than the competitors. What would you do? Why?

Answers

Answer:

i would say that his prices were a little high and ask for 20% off if he cant give that off then i would just say okay. why? because that's the plight thing to do.

Explanation:

hope this help.

brainiest please

Answer:

I hope this helps :)

Explanation:

Well I feel like I would purchase the meat based on quality. Of course it's going to cost me more, but you can't go wrong with better product. If the other places are selling meat for less, but the quality is bad what's the point. I definatly would choose quality over quanity when it comes to the purchase of meat.

Which of the following is a true statement regarding operating costs:
They are fixed expenses.
They are not directly related to production.
They occur once or twice a year.
Only some businesses have them.

Answers

Answer:

They are not directly related to production.

Explanation:

Operating expenses are the costs incurred in running the affairs of a business on a day-to-day basis. They refer to the expenses associated with the maintenance and administration of a business. Operating expenses are also operational costs and include rent, machinery, payroll services, utilities, uniforms, and office supplies. operating cost also covers overhead expenses as well as the cost of goods sold

Customer service levels can be improved by better:

A.
mission statements.

B.
control charting.

C.
short-term forecast accuracy.

D.
exponential smoothing.

E.
customer selection.

Answers

Customer service levels can be improved by better C) short-term forecast accuracy.

Short-term forecasting is the practise of making predictions about what will happen soon (we generally think of it as hour-by-hour) and then using that information to develop a strategy to fulfil those demands. Long-term projections are less reliable than short-term ones.

A longer forecasting horizon considerably raises the likelihood that future demand will be impacted by developments we are not now aware of. Any present or recent past conditions that serve as a foundation for or an improvement to the forecast may be included in the short term forecast. The level of detail in the short-term forecast will be determined by the availability of radar, satellite images, and other remote sensing tools.

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PLZ HELP ON TIMER CARRERS!!!!! 15 POINTS

The advantages of being an entrepreneur are _____.
a.
excitement, independence, and financial risk
b.
flexibility, independence, and salary potential
c.
short working hours, independence, and financial risk
d.
administration, short working hours, and excitement


Please select the best answer from the choices provided

Answers

Answer:

B.

Explanation:

It seems most reasonable.

Question 10 of 10
Which of the following fall under the marketing umbrella?
O A. Customer service and production
B. Finance and operations
O c. Public relations and advertising
D. Human resources and administration

Answers

Answer:

c. Public relations and advertising

Explanation:

Marketing refers to all the activities of interesting potential customers with a company's products and services. Its objective is to create product awareness among customers and increase sales. Marketing involves acquiring customers to buy the company's products.

Marketing activities range from research on customer needs, advertising, sales promotions, public relations, and sales.

Answer C it the correct answer

Explanation:

Scientific management is the study of work methods to improve the productivity of _____.
A.accounting practices
B.the supply chain
C.individual workers
D.external vendors

Answers

Answer:

C. Individual workers

Explanation:

Which of the following would be the most insurable risk?

a. A teenager getting car insurance for his brand new, 2-door, convertible, 5-speed sports car
b. A family wanting flood insurance for a house built on a flood plain
c. A business owner wanting to get liability insurance for his indoor skate-park
d. A good driver driving a safe car getting auto insurance

Answers

Answer:

d. A good driver driving a safe car getting auto insurance would be the most insurable risk.

This is because, in this scenario, the driver has a good driving record, which is a key factor in determining insurance risk. Additionally, the car is considered safe, which also reduces risk. Insurers generally prefer to insure drivers who are considered low-risk, as they are less likely to make a claim.

Having just one error on a cover letter may eliminate an applicant from being considered for employment.

Answers

Answer:

i think its true

Explanation:

im sorry if im wrong

Other Questions
HELP PLEASE ASAP. I really need help so it would be amazing if you could help me. Bailey thinks there is a better method to finding the height of the telephone pole than John's method. Bailey says she can use a clinometer, a tool that measures angles to find the angle of the guy-wire to the ground. Once sheknows this ange, Bailey claims she can find the height of the telephone pole. Many developing countries are a. undermined by government corruption. b. rank among the least corrupt countries. c. have never had a significant problem with corruption. d. have had a significant problem with corruption in the 1930s. e. have no dealings with nations where corruption is high. 18. Refraction is caused bya) Waves encountering a gapb) More than one reflectionc) Displaced imagesd) Changing waves speeds at a boundary A man does 4,730 j of work in the process of pushing his 2.90 103 kg truck from rest to a speed of v, over a distance of 26.5 m. neglecting friction between truck and road, determine the following. (a) the speed v m/s (b) the horizontal force exerted on the truck What are 5 synonyms for empathy? Cullumber Corporation had the following transactions during its first month of operations: 1. Purchased raw materials on account, $108,800. 2. Rawmaterials of $38,400 were requisitioned to the factory. An analysis of the materials requisition slips indicated that $7,680 was classified as indirect materials. 3. Factory labor costs incurred were $224,000 of which $185,600 pertained to factory wages payable and $38,400 pertained to employer payroll taxes payable: 4. Time tickets indicated that $185,600 was direct fabor and $38,400 was indirect labor. 5. Overhead costs incurred on account were $253,440. 6. Manufacturing overhead was applied at the rate of 150% of direct labor cost. 7. Goods costing $147,200 are still incomplete at the end of the month; the other goods were completed and transferred to finished Goods Inventory. B. Finished Goods inventory with a cost of $128,000 was sold on account for $166,400. Journalize the above transactions for Cullumber Corporation. (Credit account tittes are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries) Journalize the above transactions for Cullumber Corporation. (Credit account titles ore automatically indented when the omount is entered. Do not indent manually. Llst all debit entries before credit entries.) 5. 253440 Accounts Payable 6. Workin Process inventory 278400 Manulacturing Overhead 7. Finished Goods Imventory 440320 Work in Process limentory 8. Accounts Receivable 166400 Sales Revenue (To record sales.) Cost of Goods 5old 128000 Finished Goods inventory (To record cost of goods sold.) The term discrimination in Just War theory means:a. That one must distinguish between soldiers and civilians.b. That it is not immoral to discriminate against the enemy.c. That only men can be soldiers, not women.d. That one has no obligations toward minority populations. Living things are based on a universal genetic____ The passage of the civil rights act of 1964 marked the realization of the main goals of the. help please im confused i dont know the first ques or the calc You see two bright stars in the night sky. One clearly looks red, and the other appears blue. Which of the two has a hotter photosphere? Find solutions for your homeworkFind solutions for your homeworkbusinessaccountingaccounting questions and answerssheridan company ltd. buys equipment on january 1, 2020, for $361,000 cash. the asset is expected to have a useful life of 12 years and a residual value of $37,000. sheridan prepares financial statements under ifrs.calculate the amount of depreciation for each of 2020, 2021, and 2022 using the double-declining-balance method. (round percentages to to 2This problem has been solved!You'll get a detailed solution from a subject matter expert that helps you learn core concepts.See AnswerQuestion: Sheridan Company Ltd. Buys Equipment On January 1, 2020, For $361,000 Cash. The Asset Is Expected To Have A Useful Life Of 12 Years And A Residual Value Of $37,000. Sheridan Prepares Financial Statements Under IFRS.Calculate The Amount Of Depreciation For Each Of 2020, 2021, And 2022 Using The Double-Declining-Balance Method. (Round Percentages To To 2student submitted image, transcription available belowstudent submitted image, transcription available belowstudent submitted image, transcription available belowstudent submitted image, transcription available belowstudent submitted image, transcription available belowShow transcribed image textExpert AnswerAnswer: (1) Year Depreciation 2020 60,179 2021 50,147 2022 41,787 EXPLANATION Cost of the equipment $361,000 Expected useful life 12 years Expected residual value View the full answeranswer image blurTranscribed image text:Sheridan Company Ltd. buys equipment on January 1, 2020, for $361,000 cash. The asset is expected to have a useful life of 12 years and a residual value of $37,000. Sheridan prepares financial statements under IFRS. Calculate the amount of depreciation for each of 2020, 2021, and 2022 using the double-declining-balance method. (Round percentages to to 2 decimal places e.g. 52.75 and round dollar amounts to the nearest dollar, e.g. 5,275.) Assume that the equipment consists of an input device with a cost of $50,000, residual value of $5,000, and useful life of 5 years; a processor with a cost of $134,000, residual value of $18,000, and useful life of 10 years; and an output device with a cost of $177,000, residual value of $16,500, and useful life of 12 years. Prepare the journal entry to record the purchase on January 1 , 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) Assume the information given in part (c) above. Also assume that the benefits of the input device and processor are expected to flow to Sheridan evenly over time, but that the output device is expected to provide the greatest benefits in the early years. Calculate the amount of depreciation for 2020 using the most appropriate methods. (Round percentages to to 2 decimal places e.g. 52.75 and round dollar amounts to the nearest dollar, e.g. 5,275.) Depreciation for 2020 $ Assume the information given in part (c) with respect to the cost components. The equipment is expected to provide benefits evenly over time. Also assume that the equipment has a salvage value of $32,000 and a physical life of 14 years. The salvage values of the input device, processor, and output device are $2,500,$16,000, and $13,500, respectively. The physical lives of the input device, processor, and output device are 6 years, 12 years, and 14 years, respectively. Calculate the amount of depreciation for 2020, 2021, and 2022 using the straight-line method. Sheridan Company Ltd. prepares financial statements under ASPE. (Round answer to 0 decimal places, e.g. 5,275.) Which literary elements typically appear in a travelogue? Select three options.an argument supported with reasons and evidencea person's account of their experiencesa description of imaginary places and events descriptions of sights, cultures, climates, and landsdrawings, photographs, maps, or memorabilia what is the cell wall function and factory part or worker? If I am not sure how to figure out if I have used standard English in an argument, one strategy I can use is... Quick algebra 1 question for 15 points! Given the point with integral coordinates, (a, b), explain how to write the equation of the: a) vertical line that contains (a, b):b) horizontal line that contains (a, b): Which interaction occurs when light bounces off of a surface?(2 points)AbsorptionReflectionRefractionSeparationHELLLLLPPP Which statement about natural resources is true?A. Societies have found alternatives for them, so natural resourceshave lost all their importance.B. Some societies find natural resources important, while others findno need for them.C. While all societies use natural resources, they do not use them inthe same way.O D. All societies have the same natural resources available to them. Believing that all old people are senile is an example of A. a stereotype that could lead to ageism. B. ageism that could lead to discrimination. C. accurate information about aging gathered from social media discussions. D. accurate information based on current research.