Answer:
B. Payment of cash dividend
Explanation:
Payment of stock dividend, declaration of cash dividend or stock split does not involve outflow of cash. Hence, they do not form part of cash flow statement.
A stock dividend is a dividend payment made in the form of additional shares rather than a cash payout.
Answer:
$2,115
Explanation:
Lexington Company's Year 2 net cash flow from financing activities = cash received from issuing stocks minus bank loan payments - distributed dividends
net cash flow from financing activities = $1,250 (from additional stock) - $1,825 (bank payments) - $1,540 (dividends paid) = $2,115
Answer:
Explanation:
The classified balance sheet comprises of the assets, liabilities, and stockholder equity. With the help of the accounting equation, the total assets are equal to the total liabilities including stockholder's equity.
The assets are further divided into current assets, fixed assets, and intangible assets. Similarly, the liabilities are also further divided but they do not have any intangible liabilities.
The preparation of the partial balance sheet is presented in the spreadsheet. Kindly find the attachment below:
Answer:
A
Explanation:
If the growth rate of population in Fanez has consistently exceeded the real GDP growth, then the GDP per capita should be less than before. The GDP per capita is the division between the GDP (numerator) and the total population (denominator). If the denominator increases faster than the numerator then the GDP per capita decreases. Dan should measure the change in living standards in Fanez by looking the GDP per capita, because this measures how prosperous is the country by individual.
Answer:
D. $525,000
Explanation:
budgeted production = 15,000 units/month
unit production time required = 30 minutes => 0.5 hours
direct labor rate = $70 per hour
Budgeted cost of direct labor for the month = 15,000 * 0.5 * 70
= $525,000
