Refer to the Table Above to Answer This Question

question 157

Multiple Choice

Refer to the table above to answer this question.What is the total cost of producing 180 rice?

• A)30 beans
• B)40 beans
• C)60 beans
• D)100 beans

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Definitions:

Indirect Method

A way of calculating cash flows in the cash flow statement, where net income is adjusted for changes in balance sheet accounts to reflect cash transactions.

Voting Stock

Shares of a corporation that give the shareholder the right to vote on matters of corporate policy and on the selection of the board of directors.

Cash Dividend

A disbursement from a corporation to its stockholders, typically coming from its earnings.

Net Income

The ultimate earnings of a company, arrived at by reducing its revenues by all incurred expenses and taxes.