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1 year ago

Demers Inc. reported the following data:

Business

1 answer:

elena-s [515]1 year ago

7 0

Answer:

Cash Flows from Operating Activities is 555.050

Explanation:

The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.

It depends on the account if it is added or subtracted to net income. Below you will find the added account with a plus (+) and the subtracted ones with a minus (-)

Notice the amounts of any decreases are in parentheses.

Net income 490.000

Adjustment to reconcile the net income to cash

+ Depreciation expense 52.000

- Gain on disposal of equipment (7.000)

+ Decrease in accounts receivable 32.400

- Decrease in accounts payable (12.350)

Net cash 555.050

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Brand 123 has customers in many countries purchasing its bicycles, but its managers are unsure if the brand is truly a "global b

Inga [223]

Answer: d. 30%

Explanation:

Global brands are companies that have achieved international success such that they are recognised in many other countries apart from their own and have many customers in other countries as well.

However, simply being known abroad does not classify a company as a global brand. The company must be generating sufficient revenue from their operations outside as a proportion of their total revenue their home country with sufficient meaning at least 30% of their revenue.

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1 year ago

On March 28, 2020, a U.S. company issues a purchase order to buy merchandise for NZ$100,000. The company will pay the supplier o

Brut [27]

Answer:

A. $73,000

Explanation:

When a company is protected by a hedge it pays the forward exchange rate of the day it entered into the forward contract when payment date has come.

The Question is incomplete. Below are the missing parts and attached picture with spot rate and forward exchange rate.

Select one:

A. $73,000

B. $72,700

C. $73,200

D. $75,000

8 0

2 years ago

Marnie earns $25,000 a year while working at a local bookstore. Because the bookstore did very well this past year, Marnie recei

Umnica [9.8K]

Answer:

Marnie will save = $ 125 from her raise .

Explanation:

raise income = $500

MPC = = 0.75

Marnie consumer 0.75 of every dollar increase . So total consumption increase = 500 * 0.75 = 375 $

Marnie will save = 500 - 375 = $ 125 from her raise .

8 0

2 years ago

A cereal company's cost, in thousands of dollars, is represented by the function C ( x ) = 2 x + 4500 and its revenue, in thousa

maxonik [38]

Answer:

31,500

Explanation:

Cost function, C (x) = 2 x + 4500

Revenue function, R (x) = 5 x

Profit = Total revenue - Total cost

= R(x) - C(x)

= 5 x - [2 x + 4500]

= 3 x - 4,500

If company sells 12,000 boxes, then profit will be:

= 3 x - 4,500

= 3(12,000) - 4,500

= 36,000 - 4,500

= 31,500

Therefore, 31,500 is the profit earn by the company by selling 12,000 boxes of cereal.

5 0

2 years ago

Tiyona Motors plans to introduce a fast, stylish car to its fleet that management hopes will appeal to high-end buyers and grant

mojhsa [17]

Answer:

Explanation:

Since it is a deal on luxury cars, it is expected that the amount of money that will be allocated to start it by Tiyona motors would be high. Also, before Tiyona motors decided it would be running this kind of investment, there had been other players in the game. As a green horn in the luxury car business, it is expected that there would be a huge competition from pre-existing companies who have been in the game before Tiyona motors.

The above explanation is the reason why option C is the correct answer

7 0

1 year ago

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