54. Maroon and Gold Company's cash decreased by $8,000. Cash provided...
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54. Maroon and Gold Company's cash decreased by $8,000. Cash provided by operating activities was $20,000. Net cash used in financing activities was $14,000. Based on this information, the net cash flow from investing activities on the statement of cash flows was: A. a net $8,000 increase. B. a net $14,000 increase. C. a net $6,000 decrease. D. a net $14,000 decrease. 55. Mustang Company produced and sold 10,000 units of its product last year and found that its fixed cost per unit was $27.00. This year, demand for Mustang's product increased such that Mustang is expecting to produce and sell 15,000 of its product, a 50% increase. This increase is within the company's relevant range. Which is true regarding this year's expected fixed cost? A Total fixed cost is expected to be $405,00 B. Fixed cost per unit is expected to be $27.00. C. Total fixed cost is expected to be $270,000. D. Fixed cost per unit is expected to be $40,50
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