In an EOQ model, the EOQ is originally determined at 100 units. When the demand rate is doubled, the new EOQ should be adjusted to O 100÷2=50 10 × 2 = 200 100 x √√2 = 141 100 x 4 = 400
Answers
When the demand rate is doubled, the new EOQ should be adjusted to 100 x √√2 = 141. Therefore, the correct option is: 100 x √√2 = 141.
How to solve for the new EOQ ?The formula for calculating EOQ is: EOQ = √(2DS / H)
Where:
D = Demand
S = Ordering cost
H = Holding cost
When the demand rate is doubled, the demand variable (D) is multiplied by 2.
That means, we can rewrite the formula as: EOQ = √(2DS(2) / H).
Now, let's consider the original EOQ as 100 units.
That means we already know D, S and H. We just have to plug in these values and solve for EOQ as follows:
100 = √(2 x D x S / H)100² = 2 x D x S / HD² x H / 2S = D = 100 x H / 2S...equation 1.
Doubling the demand rate means we have a new-
D = 2 x 100 x H / 2S = 100 x H / S.
Plugging this value in the original formula:
EOQ = √(2DS(2) / H)
EOQ = √(2 x 100 x H / S x S x 2 / H)
EOQ = 100 x √√2 / 1
EOQ = 100 x √√2 / 1 = 100 x √2 / √2
= 100 x 1.41 = 141.
Therefore, the new EOQ should be adjusted to 141.
To know more on inventory visit:
https://brainly.com/question/31146932
#SPJ11
Related Questions
Jenna supervises a group of employees who are highly trained and
motivated. Based on this information, which type of management style
should Jenng employ?
A. Directing
B. Supporting
C. Delegating
D. Coaching
SUBMIT
Answers
Answer: C. Delegating
Explanation:
With a delegating management style, the manager simply assigns projects and duties to their subordinates and gives them the freedom to carry out those tasks the way they see fit.
This is best used when the employees are very skilled and motivated. Their skill will enable them to get the job done and their motivation means that they do not have to be followed up constantly to get the job done.
Answer:
DELEGATING
Explanation:
d
e
l
e
g
a
t
i
n
g
what does the abbreviation of CD stand for. (this is financial i put it under business because it is the closest thing to financial literacy)
A. certificate of disposal
B.certificate of interest
C.credit of deferral
D.certificate of deposit
Answers
Answer:
D) certificate of deposit.
Explanation:
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
Read more on jobs here: https://brainly.com/question/26355886
#SPJ1
What is the awser for all the questions on everfi [Furture smart] all lessons
![What is the awser for all the questions on everfi [Furture smart] all lessons](https://i5t5.c14.e2-1.dev/h-images-qa/contents/attachments/Cfzxmg3Kb8gzu8t6n4CuBwksHPZXsvjr.png)
Answers
Answer:
answer is A
Explanation:
It's Debit Card from what I know
Answer:
A
Explanation:
In
, people invest money in a company in exchange for the company’s
.
Answers
Answer:
In equity crowdfunding, people invest money in a company in exchange for the company’s shares
Explanation:
Equity crowdfunding is the process in which people invest in start up companies and early stage companies that have not been listed on a stock market in exchange for shares in that company. As a result of the investment, the person becomes a shareholder and makes profit when the company do well but if the company fails, shareholders make losses.
Startups and early-stage companies use this method to raise capital.
1. Visit a Web site for a company that sells products online. Then go to that company's corporate Web site. Compare the company's product sales site with its corporate site. Describe at least 3 differences between them. (1-3 sentences. 3.0 points)
2. Choose a well-known company, and describe at least three qualities that you associate with that company or brand. Explain why you associate those qualities with that brand. (1-6 sentences. 3.0 points) TIP: This can be the same company you used in question 1 above, or it can be different.
3. Choose a well-known company, and describe what you think that company's target market is. How can you tell? (1-5 sentences. 3.0 points) TIP: This can be the same company you used in question 1 or 2 above, or it can be different.
4. Describe either a desire-based or fear-based advertisement that you have seen. Explain what desire or fear you think the ad is using. (1-5 sentences. 3.0 points)
5. Choose a well-known company that you are familiar with, and write a customer profile survey that company could give its customers with at least 6 questions that will be useful for that company. (3.0 points)
6. Choose a well-known company that you are familiar with, and explain how that company could use each of the five P's of the marketing mix to achieve its brand image and sales goals. (1-8 sentences. 5.0 points)
Answers
Answer:
5 sorry of its wrong I tried
On October 1, Ebony Ernst organized Ernst Consulting; on October 3, the owner contributed $85,050 in assets in exchange for its common stock to launch the business. On October 31, the company’s records show the following items and amounts. Retained earnings, October 1 as $0.
Answers
ERNST CONSULTING Income Statement
For Month Ended October 31 is $850
ERNST CONSULTING Income Statement
For Month Ended October 31
Revenues
Consulting fees earned $15,040
Total revenues $15,040
Expenses
Rent expense $4,530
Salaries expense $8,090
Telephone expense $880
Miscellaneous expenses $690
Total expenses $14,190
Net income $850
($15,040-$14,190)
Inconclusion ERNST CONSULTING Income Statement For Month Ended October 31 is $850
Learn more here:
https://brainly.com/question/17202409
An attack, breach of policy, or other incident always constitutes a violation of law, requiring notification of law enforcement. (True or False)
Answers
False. An attack, breach of policy, or another incident may or may not constitute a violation of law, and the decision to notify law enforcement depends on the severity and nature of the incident. It is important to consult with legal counsel and follow applicable laws and regulations when determining whether to notify law enforcement.
The statement "An attack, breach of policy, or another incident always constitutes a violation of law, requiring notification of law enforcement" is False.
Not every attack, breach of policy, or incident necessarily constitutes a violation of the law. While some cases may require notification of law enforcement, others might be addressed through internal procedures or by following organizational policies. The specific action taken depends on the nature and severity of the incident.
To know more about violation of the law here:
brainly.com/question/15791303
#SPJ11
Which is the main reason why IT professionals need to pursue continuing education and self-directed learning?
to obtain a formal degree
to develop a broad historical perspective
to meet legal training requirements
to maintain and improve professional skills
Answers
Answer:
B
Explanation:
Continuous professional development gives people the chance to improve their existing abilities and fill in any knowledge gaps, giving them an advantage in situations where they might need it, like a job interview.
Thus, Option D is correct.
What does professional development serve as?To support individual, school-wide, and district-wide improvements for the objective of raising student achievement, professional development aims to enhance knowledge and abilities. Federal and state mandates place a constant increase in demands on educators.
The rules and expectations for all public schools across the nation have drastically changed as a result of the federal No Child Left Behind legislation. One of the numerous modifications is the requirement that all professional development be directed on raising student accomplishment.
Therefore, professional development typically entails teachers expanding their knowledge of instructional strategies or extending their comprehension of academic content.
For more information about CPD refer to the link:
https://brainly.com/question/9006945
#SPJ2
Fiona wrote a check to the veterinarian for $89. 56. She’ll use the check register to record her transaction. What will be her new balance? A check register has a balance of 2,324 dollars and 41 cents. 225 dollars and 14 cents is debited, 475 dollars and 12 cents is deposited, and 25 dollars and 89 cents is debited. $2,458. 94 $2,484. 83 $2,549. 55 $2,575. 44.
Answers
Fiona's new balance would be $2,458. 94.
When a debit transaction takes place, money is withdrawn from the account. Thus the amount of money in the account would be reduced by the amount withdrawn. Debits would be withdrawn from the balance.
When a credit transaction takes place, money is deposited into the account. The amount of money in the account increases by the amount deposited. Deposits would be added to the balance.
New balance = 2324,41 - 89.56 - 225.14 + 475.12 - 25.89 = $2,458. 94.
To learn more about addition, please check: https://brainly.com/question/19628082
Which budgeting approach is most favorable to obtain employee support?.
Answers
The budgeting approach that is most favorable to obtain employee support is: Participative budgeting.
What is Participative budgeting?Participative budgeting is a type of budgeting approach that enables employees to take part in the budget preparation process.
This type of budgeting makes it possible for employee to contribute their own ideas during the decision making process when creating a budget.
Inconclusion the budgeting approach that is most favorable to obtain employee support is: Participative budgeting.
Learn more about Participative budgeting here:https://brainly.com/question/24940564
The budgeting approach which is most favorable to obtain employee support is:
Bottom-Up Approach What is a Budget?This refers to the financial plan to set aside things to do with money based on a scale of preference.
With this in mind, the bottoms up approach to budgeting will be the most favorable to get employee support because the company let's each individual department to set their own budget and is then sent for review to upper management.
Read more about budgeting here:
https://brainly.com/question/24940564
HURRY IM TIMED. A BLANK
is capable of producing outcomes that surpass the scope and efficiency of many individual efforts
team
computer
temporary worker
none of the above
Answers
TEAM
Answer:
team
Explanation:
got it right on my quiz
Which of the following statements about stocks is TRUE?
A stock is a type of savings account that pays interest based on current interest rates in the money market.
A stock is a share of ownership in a company.
A stock is a type of investment that invests in a mix of different types of investments.
A stock is a type of debt investment that acts like a loan.
Answers
Answer:
number 2
Explanation:
stock is a share of ownership in a company
The statement about stocks is TRUE A stock is a share of ownership in a company. Thus the correct option is 2.
What is stock?A stock is referred to as a kind of ownership of certain items. When an individual holds stocks or shares in the market they are entitled as a stockholder or shareholder and liable for some dividend.
A significant positive link exists between beta and returns when there are positive worldwide profits, and a large negative correlation exists when there are negative global excess returns.
An individual buying the stock is referred to as Stockholder who earns a great profit when the purchased stocks seek growth in the market and this will helps the economy to grow side by side.
Therefore, option 2 A stock is a share of ownership in a company is appropriate.
Learn more about Stocks, here:
https://brainly.com/question/29992015
#SPJ2
How do Zara’s capabilities lead to a quick production process and new apparel?
How do these capabilities encourage customers to visit its stores every few weeks?
Answers
Zara's capabilities, such as efficient supply chain management, quick response to trends, and strong inventory management, lead to a quick production process and new apparel. These capabilities encourage customers to visit its stores every few weeks to discover current fashion trends.
1. Efficient supply chain management: Zara's efficient supply chain management allows for faster production and delivery of new designs. This results in a shorter time between the identification of a trend and the availability of the product in stores, keeping the apparel up-to-date with current fashion trends.
2. Quick response to trends: Zara is known for its ability to quickly identify and respond to emerging fashion trends. By doing so, they consistently offer fresh and appealing products, encouraging customers to visit their stores more frequently to explore the latest offerings.
3. Strong inventory management: Zara's inventory management ensures that they have an optimal amount of stock on hand. This prevents excess inventory, allowing the brand to focus on creating new designs and products, which in turn keeps the store's offerings fresh and interesting to customers.
In summary, Zara's capabilities lead to a quick production process and new apparel, which keeps their product offerings current and exciting. These capabilities encourage customers to visit its stores every few weeks to discover the latest trends and styles.
Know more about production here:
https://brainly.com/question/16755022
#SPJ11
When there is a change in the estimated useful life of a depreciable asset, the accountant would: a. Calculate the change and apply it to all years-restating the previous years' financial statements as needed b. Calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements C. Calculate the change and apply it retrospectively-restating the previous years' financial statements as needed d. Calculate the change and record a one-time adjusting journal entry-debiting depreciation expense and crediting accumulated depreciation . A company owns a press that has a book value of $3,450. The asset is sold to a scrap dealer for $1,000 cash. The scrap dealer also gives the company spare parts worth $2,000 that can be used to repair its other fabrication equipment. When recording the entry, the accountant would record: a. A gain of $450 b. A gain of $2,450 C. A loss of $2,450 d. A loss of $450 Regarding a company's cost of capital, which statement is false: a. The cost of capital is the cost a company bears to obtain external financing b. Debt financing is the after-tax cost of borrowing money c. Equity financing is the cost investors expect when purchasing shares of stock d. The cost of capital is critical because it determines which long-term projects are profitable to undertake The average of the cost of debt and equity financing weighted by the proportion of each type of financing is referred to as: The weighted average cost of capital b. The debt to equity ratio c. The quick ratio d. The weighted average of debt to equity financing Goods acquired for use in the production of income are: a. Inventory b. Raw Materials c. Assets d. All of the above Goods held for sale in the normal course of business: Are called Inventory b. Are valued at market unless the historic cost is less c. Are listed as current assets which must be disposed of after 12 months d. Must be counted each month in order to determine the cost of goods sold D. When the seller of merchandise has no idea how many items have been sold and must perform a periodic inventory count to verify what inventory items have sold, we refer to this as: a. An unethical smoothing of financial information b. A perpetual inventory system c. A periodic inventory system d. The basis for a qualified opinion by the external auditor . Maintaining inventory records in the accounting system and recording purchases to an inventory account would indicate a company has: a. Ethical business transactions b. A perpetual inventory system c. A periodic inventory system d. An unqualified opinion from the external auditor Bears R Us Inc. has recently ceased manufacturing product A6745 and replaced it with product A7463 due to technological improvements. Sales of A6745 have dropped considerably in the last quarter. Bears R Us uses a perpetual inventory system. The appropriate accounting treatment would be to: a. Record the cost of remaining A6745 products to an inventory allowance account Dispose of product A6745 and record the cost against comprehensive income in the Equity section of the balance sheet b. Record the difference between the original selling price and the new discounted selling price to a discounts and allowance account using the Gross method d. Write down the inventory value to $0 and give the A6745 products away. LIFO layers are created in ending inventory when: The number of units purchased exceeds the number of units sold b. The number of units sold exceeds the number of units purchased The number of units sold equals the number of units purchased C. d. The number of units purchased less the number of units sold exceeds the marketing forecast for unit sales in the next 12 months. An advantage of LIFO is: a. The ending inventory balance agrees closely with current replacement cost b. There is a matching of current costs with current revenues c. LIFO liquidation can result in greatly decreased tax payments when inventory levels decline Inventory costs usually correspond with the physical flow of goods When considering Lower of Cost or Market, market is generally considered to be: a. The original price paid on the open market for inventory b. The replacement cost of inventory c. The net realizable value of inventory less a normal profit margin The net realizable value of inventory The limit that constrains the market value of inventory such that it does not exceed its net realizable value is called the: a. Replacement cost b. Market C. Floor d. Ceiling
Answers
When there is a change in the estimated useful life of a depreciable asset, the accountant would calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements. The correct option is B.
Calculation and application of change in estimated useful life of a depreciable asset.The change in the estimated useful life of a depreciable asset can impact the calculation of depreciation and change the amount of depreciation in the books. In the case of a change in the estimated useful life of a depreciable asset, the accountant would calculate the change and apply it prospectively-making footnote disclosures if the change materially impacts the financial statements.Recording the entry for selling an asset.
When an asset is sold, a gain or loss is recorded based on the sale price of the asset. In the given scenario, the press has a book value of $3,450 and is sold for $1,000 cash. The scrap dealer also gives the company spare parts worth $2,000 that can be used to repair its other fabrication equipment. The total proceeds of the sale amount to $3,000 ($1,000 cash + $2,000 worth of spare parts).The loss on the sale of the asset is calculated as follows:Loss on sale of the asset = Book value of the asset - Proceeds from the sale= $3,450 - $3,000= $450. Hence, the accountant would record a loss of $450.The false statement regarding a company's cost of capital is:The cost of capital is the cost a company bears to obtain external financing is a false statement. The correct statement is The cost of capital is the cost of financing a company's operations, including both equity and debt financing.Weighted Average Cost of Capital (WACC)The average of the cost of debt and equity financing weighted by the proportion of each type of financing is referred to as the weighted average cost of capital.Inventory and goods held for sale:Goods acquired for use in the production of income are assets. Goods held for sale in the normal course of business are called inventory. Periodic inventory system. When the seller of merchandise has no idea how many items have been sold and must perform a periodic inventory count to verify what inventory items have sold, we refer to this as a periodic inventory system. A perpetual inventory system, on the other hand, maintains a continuous record of inventory levels.Write down of inventory value Bears R Us Inc. has recently ceased manufacturing product A6745 and replaced it with product A7463 due to technological improvements. Sales of A6745 have dropped considerably in the last quarter. Bears R Us uses a perpetual inventory system. The appropriate accounting treatment would be to record the cost of remaining A6745 products to an inventory allowance account. LIFO layers are created in ending inventory when the number of units sold exceeds the number of units purchased. This results in a reduction of the inventory layers and may affect the cost of goods sold and gross margin of the company. Advantage of LIFO; An advantage of LIFO is that there is a matching of current costs with current revenues.Lower of Cost or Market: When considering Lower of Cost or Market, market is generally considered to be the net realizable value of inventory. This is the selling price of the inventory less the cost of disposal.The limit that constrains the market value of inventory such that it does not exceed its net realizable value is called the ceiling. The correct option is B.
To learn more about depreciable asset, visit here
https://brainly.com/question/32416378
#SPJ11
Which of the following is NOT an example of monetary policy? a. The Federal Reserve reduces the reserve requirement. b. The Federal Open Market Committee decides to sell bonds. c. The Federal Open Market Committee decides to buy bonds. d. The Federal Reserve facilitates bank transactions by clearing checks.
Answers
Answer:
A
Explanation:
Monetary policy controls the process of drafting, announcing, and enforcing the plans taken by the central bank, currency board, or other competent monetary authority that controls the amount of money in an economy and the channels by which new money is supplied
The statement that cannot be considered an example of monetary policy is A:The Federal Reserve reduces the reserve requirement.
Monetary policy can be regarded as control of the quantity of money which is present in an economy as well as the channels that is needed for new money to be supplied. It involves the federal to Open Market Committee who bring decision in selling or buying of bonds.Therefore, option A is correct.
Learn more at,:
https://brainly.com/question/15566475?referrer=searchResults
Shawn received an e-mail offering a great deal on music, movie, and game downloads. he has never heard of the company, and the e-mail address and company name do not match. what should shawn do? click the link to see the deals ignore the e-mail and delete it ask to get more information forward the e-mail to his friends
Answers
Since, Shawn received an e-mail, and never heard of the company, she should delete it so that she doesn't fall into internet fraud.
What is an e-mail?e-mail serves as an electronic mail which is an electronic platform that allows sending as well as receiving of information.
Therefore, to be safe on the internet, Shawn should not reply the email so that she doesn't fall for the trick of fraudster.
Learn more about e-mail at;
https://brainly.com/question/12834590
#SPJ4
Answer:
c
Explanation:
Paula has property which she uses in her office that someone else is responsible to maintain. What is a likely reason for this?
A. The property was defectively manufactured.
B. She purchased the property rather than leased it.
C. She has borrowed the property from a friend.
D. She leased the property rather than purchased it.
Answers
Which educational institution trains students for a specific job in a skilled trade career?
a
College
b
Internship
c
Technical school
d
University
Answers
Answer:
b
Explanation:
The educational institution trains students for a specific job in a skilled trade career?
The correct answer is Option B. Internship
What is an internship?An internship is a professional learning experience that provides meaningful and hands-on work related to a student's interests in a field of study or career. Internships give students the opportunity to explore and develop professionally and learn new skills.
An internship is a short-term work experience provided by people (usually, but not always, students) for a company or other organization to enter a particular industry or discipline. It's both a work and a learning experience.
Learn more about a skilled trade career here
https://brainly.com/question/6947486
#SPJ2
20. Analyzing market research is usually done by identifying________ making comparisons and developing________
Answers
Answer:
Define your research objective. The first step in the market research process
Explanation:
is to define your research objectives. ...
Develop your research questions. ...
Gather your research. ...
Interpret your findings. ...
Draw conclusions and make decisions.
Robert placed the following assets into service for his packing and shipping company this year
Answers
Option B. The way that Robert would eliminate the requirement to use the mid-quarter convention B.Claim the Section 179 deduction for the delivery truck.
What is meant by mid-quarter convention?According to the mid-quarter convention, a company that purchases fixed assets during a reporting quarter should treat them as though they were purchased at the halfway point of the quarter.
When the total depreciable basis of MACRS property placed in service during the final three months of the client's tax year exceeds 40% of the total depreciable basis of all MACRS property placed in service throughout the entire year, you must utilize the mid-quarter convention.
Read more on deduction here: https://brainly.com/question/13757943
#SPJ1
Robert placed the following assets into service for his packing and shipping company this year: April 3: Desk with a basis of $1,100. July 30: Computer software with a basis of $4,200. October 30: Delivery truck with a basis of $33,000. All assets were used exclusively for business purposes. How may Robert eliminate the requirement to use the mid-quarter convention?
A.Claim the special depreciation allowance for the computer software.
B.Claim the Section 179 deduction for the delivery truck.
C.Elect to expense the desk on the tax return in accordance with the de minimis safe harbor of the tangible property regulations.
D.Use the ADS system to depreciate the truck and the desk.
Maggie is a high school senior who just received her college financial aid
award packet in the mail. While her mom watches, Maggie excitedly opens the
envelope. She sees that she has received grants, scholarships and student loans.
The thought of taking on debt makes Maggie a little nervous. Her mom tells
her that student loans are normal and that she will have more time to focus on
studying rather than having to work a part-time job in college. Is her mom’s
advice the same as the advice you’d give her? Explain what your advice would be.
Answers
Answer:
I would definitely give the same advice. The income potential for a college graduate far exceeds those of a high school graduate. I would be determined to graduate from college, good get a great job and get the loans paid off.
Explanation:
With a great education and a great job it shouldn't take long to get the loans paid off
PLEASE HELP IT IS URGENT DO NOT WASTE ANSWERS
Answers
BE12-9 and K. Carter $22.000. The partners share income equally. On June 9 of the current year, D. Dutton (SO In ABC Co., the capital balances of the partners are A. Ali $30,000. S. Babson $25,000; Rece is admitted to the partnership by purchasing one-half of K. Carter's interest for $13,000. (a) Jour nalize the admission of Dutton on June 9. (b) How would the entry change if Dutton paid $10,000 instead of $13,000 to be admitted to the partnership? nn.
Answers
(a) The journal entry to record the admission of D. Dutton to the partnership on June 9 is as follows:
In the books of accounts of the company, D. Dutton is introduced by buying one-half of K. Carter's interest for $13,000. K. Carter's interest balance is $22,000, and he is sharing income equally with the other partners. Since D. Dutton is acquiring a 50% stake in the company, the buyout price is $13,000.The entry to record D. Dutton's entry on June 9 is:Partnership Equity will rise by $12,500 as a result of this entry.
(b) If Dutton paid $10,000 instead of $13,000 to be admitted to the partnership, then the entry to record his admission would change. The new entry will be as follows:
If Dutton paid $10,000 instead of $13,000 to be admitted to the partnership, he would only acquire 5/11 of K. Carter's interest, not 6/11. K. Carter's balance is $22,000, and he shares income equally with other partners. As a result, Dutton's investment would be $10,000/(5/11) = $22,000, and he would be entitled to 5/11 of the profits and losses of the firm.The journal entry to record this entry will be as follows:This will increase the balance in Partnership Equity by $9,000.
To know more about one-half visit :-
https://brainly.com/question/26610948
#SPJ11
what is consumer's Equilibrium?
Answers
Answer:
\( \huge{ \red{A} \green{N} \blue{S} \orange{W} \pink{E} \red{R} \blue{:-}}\)
When consumers make choices about the quantity of goods and services to consume, it is presumed that their objective is to maximize total utility. In maximizing total utility, the consumer faces a number of constraints, the most important of which are the consumer's income and the prices of the goods and services that the consumer wishes to consume. The consumer's effort to maximize total utility, subject to these constraints, is referred to as the consumer's problem. The solution to the consumer's problem, which entails decisions about how much the consumer will consume of a number of goods and services, is referred to as consumer equilibrium.
equity shareholders are called what
Answers
Answer:
owners
Explanation:
Shareholders' equity represents the amount invested by the owners of a company in the business by either retaining earnings over time or by investing money in it. The shareholders' equity is a form of a company's net assets. Equity shareholders are also known as Equity Stockholders.
The equity shareholders of a company are called its owners.
skills are the most important for accountants when presenting their
work to clients.
O A. Communication
O B. Multitasking
OC. Social media
OD. Math
Answers
Cain Company reports net cash provided by operating activities of $35,000. It also reports the following information under “Adjustments to reconcile net income to net cash provided by operating activities” on its statement of cash flows (using the indirect method).
Answers
It can be seen from the solutions given that Cain's net income is $24,000.
Here is the solution:Net income = Net cash provided by operating activities - Adjustments
= $35,000 - $6,000 - $10,000 + $4,000 + $7,000 + $4,000
= $24,000
Therefore, Cain's net income is $24,000.
Here is a breakdown of the adjustments:
To determine cash flow from operations, it is necessary to include the gain on equipment sales in the net income as it is a non-cash entry.
A rise in accounts receivable implies that customers are prolonging payment of their invoices, resulting in decreased cash flow from the company's activities.
The depreciation expense is classified as a non-cash expense, hence it must be included in the calculation of cash from operations by adding it back to the net income.
A decrease in inventory indicates that the company is experiencing faster turnover of its inventory, leading to increased cash flow generated by its operations.
A rise in prepaid expenses denotes that the company is channeling more funds towards prepaid expenditures like insurance and rent, implying a reduced cash inflow from its operational activities.
A decline in the amount of wages that the company owes indicates that it is not promptly compensating its workforce. Consequently, this implies that the company's operational cash flow is reduced.
Read more about net income here:
https://brainly.com/question/28390284
#SPJ1
What is an appraisal? Why is it usually included in the closing costs for buying a home?
Answers
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
Learn more about Closing costs, here:
brainly.com/question/1084194
#SPJ1
Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.
a. True
b. False
Answers
The statement is false. Employees usually do not reflect much concerning a decision to quit; rather, quitting is in response to immediate events.
An employee is a person who has agreed to be employed to paint for a few shapes of fee below an agreement of employment. Your employment popularity will assist define what rights and responsibilities you have got at paintings. There are three fundamental varieties of employment popularity: employee.
Before hiring a new team member, it is crucial to apprehend your options in regard to special kinds of employees. research the main variations among complete-time, part-time, seasonal, and brief personnel. Any person who strives hard to accomplish the desires and goals of a specific employer is called an employee. personnel is employed to carry out particular obligations as per their specialization, hobby regions, and former stories.
To learn more about Employees visit here:
brainly.com/question/13405418
#SPJ4