Answer:
$332,000
Explanation:
<u>Cash flow from operating activities</u>
Net Income $252,000
Adjust for changes in working capital items :
Decrease in Accounts Receivable ($80,000 - $70,000 $80,000
Net Cash Provided by Operating Activities $332,000
Conclusion
the cash flows from operating activities to be reported on the statement of cash flows is $332,000
Answer:
Work in process inventory ($83,000 + $32,000) $115,000
Factory overhead $19,000
To wages payable $134,000
(Being the labor is recorded)
Explanation:
The journal entry is shown below:
Work in process inventory ($83,000 + $32,000) $115,000
Factory overhead $19,000
To wages payable $134,000
(Being the labor is recorded)
For recording this we debited the work in process inventory and factory overhead and credited the wages payable so that the correct posting could be done
Answer:
The correct answer is $326,300.
Explanation:
According to the scenario, the computation of the given data are as follows:
List price = $300,000
Discount = 2%
So, Price after discount = $300,000 × 98% = $294,000
Sales tax = $15,000
Installation Charges = $5,300
Concrete slab = $12,000
So, we can calculate the Total cost by using following formula:
Total cost = Price after discount + Sales tax + Installation Charges + Concrete slab
= $294,000 + $15,000 + $5,300 + $12,000
= $326,300
Answer:
D) Finance/Administration
Explanation:
The major functions of the finance/administration section of the ICS are:
- Monitors costs related to the incident.
- Provides accounting, procurement, time recording, and cost analyses.
For example, paying for any expenses including food, gasoline, materials, etc.
The other sections are:
- Incident Command (incident commander)
- Operations section
- Planning section
- Logistics section
The head of an ICS section is called a chief, and each section is divided into divisions which are lead by a supervisor. Depending on the size of the incident, the section can be divided into groups, branches, task forces, strike teams and may even include single resources.
The first step is the idea development. The proper order for the capital budgeting process is search for and discovery of investment opportunities, then there is a collection of data, then there is an evaluation and decision making, and then if it is necessary there is a reevaluation and adjustment. This is <span>used to determine whether an organization's long term investments are worth the funding of cash through the firm's capitalization structure</span>