Answer:
Net Cash Flows from operating activities is $68.5 million.
Explanation:
The indirect Method would be used here because all we will find the cash expenses and revenues that were converted into within the year and are reported in the income statement by calculating the increase and decrease in the current assets and current liabilities. Here we will also eliminate the non cash expense effects by adding them back.
The net cash flows from operating activities can be calculated using the following method:
Millions
1. Net Income 65
<u>Add Non Cash Deductions</u>
2. Depreciation 5.5
3. Loss on sale of Equipment 1.5
<u>Add / (Less) the increase or </u>
<u>decrease in current Assets or </u>
<u>liabilities</u>
4. Increase in Trade Receivables (2.5)
5. Increase in Trade Payables 3.5
6. Increase in inventory <u> (4.5) </u>
Net Cash Flows from operating activities $68.5
Answer:
Disadvantage of Corporate Form of Organization:
d. Government regulation
Explanation:
In recent times, government regulation of businesses appears to be regarded as a disadvantage of the corporate form of organizations. Governments intervene and regulate corporate entities whenever they fail to be self-regulatory. But, the regulations may appear to be so much that the corporate form of organization now looks like a disadvantage. Given the many corporate scandals, collapses, and misapplications of resources by corporate entities that have become the order of the day, government regulation is very important. Without government regulation, many corporate bodies will not be acting in the public interest. This is more so with public entity corporate organizations with diverse stakeholders and corporate managers who act as if they were running their own autonomous governments.
Answer: Not necessarily
Explanation:
Consumer purchase decisions are dependent on multiple factors such as price, income and preference. It could be that the customer purchased the Kia because the price was less than that of the Honda and so she wanted to save and costs and bought the less expensive choice.
It could also mean that the Kia was all she could afford based on her income so she bought that. It could however also mean that the Kia is her preference as compared to the Honda so she chose that instead.
It is therefore not a foregone conclusion that she bought the Kia simply because she preferred it. More information would be needed to reach that conclusion definitively.
Answer:
I think so buh I’d advice u to make it its correct
Answer:
Q1 Q2 Q3 Q4
<u>labor hours 1,900 2,000 2,200 1,800 </u>
variable 5,700 6,000 6,600 5,400
fixed <u> 31,500 31,500 31,500 31,500 </u>
<em> total 37,200 37,500 38,100 36,900 </em>
Explanation:
materials 1
labor 1.25
maintenance 0.25
utilities <u> 0.50 </u>
total variable 3
supervisor 17,000
maintenance 5,000
property taxes 6,000
depreciation <u> 3,500 </u>
total fixed 31,500
<em></em>
<em>We add up the variable cost per labor hour</em>
Then, we add up the fixed cost and solve for the total budget for each quarter
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<em>NOTE:</em> missing information attache