Use the following information to answer this question. windswept, inc. 2010 income statement ($ in millions) net sales $ 10,500 less: cost of goods sold 7,950 less: depreciation 370 earnings before interest and taxes $ 2,180 less: interest paid 100 taxable income $ 2,080 less: taxes 624 net income $ 1,456 windswept, inc. 2009 and 2010 balance sheets ($ in millions) 2009 2010 2009 2010 cash $ 370 $ 390 accounts payable $ 1,910 $ 1,800 accounts rec. 1,110 1,010 long-term debt 1,070 1,530 inventory 1,880 1,770 common stock $ 3,360 $ 3,140 total $ 3,360 $ 3,170 retained earnings 650 900 net fixed assets 3,630 4,200 total assets $ 6,990 $ 7,370 total liab. & equity $ 6,990 $ 7,370 what amount should be included in the financing section of the 2010 statement of cash flows for dividends paid?

Costs of production that do not change when output changes.question 17 options: total revenuefixed incometotal costfixed cost

Vulcan flyovers offers scenic overflights of mount st. helens, the volcano in washington state that explosively erupted in 1982. data concerning the company’s operations in july appear below: vulcan flyovers operating data for the month ended july 31 actual results flexible budget planning budget flights (q) 56 56 54 revenue ($350.00q) $ 16,500 $ 19,600 $ 18,900 expenses: wages and salaries ($3,300 + $91.00q) 8,354 8,396 8,214 fuel ($31.00q) 1,904 1,736 1,674 airport fees ($870 + $35.00q) 2,730 2,830 2,760 aircraft depreciation ($11.00q) 616 616 594 office expenses ($240 + $1.00q) 464 296 294 total expense 14,068 13,874 13,536 net operating income $ 2,432 $ 5,726 $ 5,364 the company measures its activity in terms of flights. customers can buy individual tickets for overflights or hire an entire plane for an overflight at a discount. required: 1. prepare a flexible budget performance report for july that includes revenue and spending variances and activity variances.

Wilson company paid $5,000 for a 4-month insurance premium in advance on november 1, with coverage beginning on that date. the balance in the prepaid insurance account before adjustment at the end of the year is $5,000, and no adjustments had been made previously. the adjusting entry required on december 31 is: (a) debit cash. $5,000: credit prepaid insurance. $5,000. (b) debit prepaid insurance. $2,500: credit insurance expense. $2500. (c) debit prepaid insurance. $1250: credit insurance expense. $1250. (d) debit insurance expense. $1250: credit prepaid insurance. $1250. (e) debit insurance expense. $2500: credit prepaid insurance. $2500.