The following information applies to the questions displayed below. Assume you are the president of Nuclear Company. At the end of the first year of operations (December 31), the following financial data for the company are available:
Accounts Payable $ 30,000
Accounts Receivable 59,500
Cash 12,000
Common Stock 62,280
Dividends 200
Equipment 36,000
Notes Payable 1,470
Operating Expenses 57,200
Other Expenses 8,850
Sales Revenue 88,000
Supplies 8,000 CP1-2
a. By how much did cash increase (decrease)?
b. Which financial statement would report the business activities responsible for this change in cash?

Which are the best examples of costs that should be considered when creating a project budget?

Boone brothers remodels homes and replaces windows. ace builders constructs new homes. if boone brothers considers expanding into new home construction, it should evaluate the expansion project using which one of the following as the required return for the project?

Bandar industries berhad of malaysia manufactures sporting equipment. one of the company’s products, a football helmet for the north american market, requires a special plastic. during the quarter ending june 30, the company manufactured 35,000 helmets, using 22,500 kilograms of plastic. the plastic cost the company $171,000. according to the standard cost card, each helmet should require 0.6 kilograms of plastic, at a cost of $8 per kilogram. 1. what is the standard quantity of kilograms of plastic (sq) that is allowed to make 35,000 helmets? 2. what is the standard materials cost allowed (sq x sp) to make 35,000 helmets? 3. what is the materials spending variance? 4. what is the materials price variance and the materials quantity variance?