Second Question 1. Which of the following items is regarded as a cash flow from operating activities?O Cash dividends paidProceeds from sale of equipment which resulted to a gainO Proceeds from sale of equipment which resulted to a lossO Interest paid on long-term debt2. Company H acquired an equipment on June 1, 2020 amounting to $35,000 with an estimated useful life of 5 years. What would be the reported carryingvalue of the equipment on December 31, 2021 if the residual value at the end of 5 years is $5,000?$25,500O $32,000O $29,000O $26,0003. Company O has a new product that has the following cost per unit: direct materials - $10, direct labor - $7, and overhead - $3. If the sales manager wantsto achieve a gross margin of 25% of cost for the particular product. What would be the selling price per unit?$25O $36$45$564. When the contribution margin per unit increases assuming all other factors remain constant. The effect would beAn increase in sales priceA decrease in fixed costAn increase in break-even point in unitsA decrease in break-even point in units

Depreciation is the deduction in the worth of asset due to its erosion or obsolescence.

1. Which of the following items is regarded as a cash flow from operating activities? Cash dividends paid Proceeds from sale of equipment which resulted to a gain Proceeds from sale of equipment which resulted to a loss Interest paid on long-term debt 2. Company H acquired an equipment on June 1, 2020 amounting to $35,000 with an estimated useful life of 5 years. What would be the reported carrying value of the equipment on December 31, 2021 if the residual value at the end of 5 years is $5,00o0? $25,500 $32,000 $29,000 $26,000 3. Company O has a new product that has the following cost per unit: direct materials - $1O, direct labor - $7, and overhead - $3. If the sales manager wants to achieve a gross margin of 25% of cost for the particular product. What would be the selling price per unit? $25 $36 $45 $56 4. When the contribution margin per unit increases assuming all other factors remain constant. The effect would be An increase in sales price A decrease in fixed cost An increase in break-even point in units A decrease in break-even point in units

1. Which of the following items is regarded as a cash flow from operating activities? Cash dividends paid Proceeds from sale of equipment which resulted to a gain Proceeds from sale of equipment which resulted to a loss Interest paid on long-term debt 2. Company H acquired an equipment on June 1, 2020 amounting to $35,000 with an estimated useful life of 5 years. What would be the reported carrying value of the equipment on December 31, 2021 if the residual value at the end of 5 years is $5,00o0? $25,500 $32,000 $29,000 $26,000 3. Company O has a new product that has the following cost per unit: direct materials - $1O, direct labor - $7, and overhead - $3. If the sales manager wants to achieve a gross margin of 25% of cost for the particular product. What would be the selling price per unit? $25 $36 $45 $56 4. When the contribution margin per unit increases assuming all other factors remain constant. The effect would be An increase in sales price A decrease in fixed cost An increase in break-even point in units A decrease in break-even point in units

Fundamentals Of Financial Management, Concise Edition (mindtap Course List)

10th Edition

ISBN:9781337902571

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter3: Financial Statements, Cash Flow, And Taxes

Section: Chapter Questions

Problem 12P

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