If your BAL is at .04, you can expect a 13% drop in complex performance compared to the sober level.
Answer:
A. $565,000
Explanation:
The computation of the budgeted operating income is shown below:
Sales revenue ($750 × 2,500) $1,875,000
Less: Variable cost ($500 ×2,500) $1,250,000
Contribution margin $625,000
Less: Fixed cost $60,000
Budgeted operating income $565,000
Suppose you buy clothes at Mimi's Clothng Shop. Your spending is Mimi's profit.
<span>Which markets compete in non-price competition? The companies and brands that compete in non-price competition are brands that are known, name brands with those that are generic. Even though generic brands are known for being cheaper, most brand-name goods sell more products because of their name. </span>
Answer:
$43 million
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
Peridot's Net cash outflows from investing activities (in millions)
= -$38 + $96 + $71 - $86
= $43
The gain from the disposal of land will be deducted from the net income under the cash flows from operating activities while the requisition of own shares is a financing activity.
