Answer:
The correct option is D,$402,000.
Explanation:
In determining the cash flow provided by operating activities,we need to adjust the net income for effects of non cash items reported.It is important to note that the reverse of the earlier treatment of the items is what is required now.For instance depreciation and amortization were deducted in income statement,for cash flow purposes we need to add both to net income.
Net income $315,000
add depreciation $90,000
amortization $15,000
loss on sale of equipment $9,000
less gain on sale of building($27000)
Cash flow from operations $402,000
The cash flow from operating activities as adjusted is $402,000.
Answer: knowledge based
Explanation:
The foundation of trust that Edgar has in this team is referred to as knowledge based.
Since the accounting professionals possess top- notch accounting skills and have never let him down while working on a project together, this is referred to as knowledge based.
Therefore, the correct option is C.
Answer:
y = $440
x = $ 580
Explanation:
Given data:
order for smartphone is 320
order doe tablet is 310
sale of all order is $322,000
total combined price for smartphone and tablet is $1020
let cost of one smartphone is x
let cost of one tablet is y
320 x +310 y = 322,000..... 1
x + y = 1020 .....2
solving 1 and 2 we get
y = $440
x = $ 580
Answer: The power of positive energy and motivation
Explanation: A positive energy can be defined as the group of characteristics that a individual desires in himself or herself like enthusiasm, optimism etc.
Motivation can be defined as the method by which an individual can be made to feel positive and be made to achieve his or her goal effectively .
.
In the given case Daisy indirectly made Derrick feel motivated by bringing positive energy through her encouraging conversation with him.
Answer:
6949 units
Explanation:
Given:
Estimated depreciation of the new project = $26,000
Fixed cost = $79,000
Total sales = $187,000
Estimated variable costs per unit = $11.80
let the break-even production be 'n'
Now,
the break-even point is achieved when there is no profit no loss
thus,
Profit = 0
Also,
Profit = Total sales - Fixed cost - (Total variable cost) - Estimated depreciation
or
0 = $187,000 - $79,000 - ( $11.80 × n) - $26,000
or
11.80 × n = 82000
or
n = 6949.15 ≈ 6949 units
