True or False: A rebate and a discount are the same.

Analysts who follow Howe Industries recently noted that, relative to the previous year, the company's net cash provided from op

tamaranim1 [39]

Answer:

Option B The company made large investments in fixed assets.

Explanation:

The reason is that the reaminder of the options talk about the increase of the cash not a decrease in cash amount. If the company cuts dividend then it is retaining cash, if the company is raising finance then it is increasing cash or if the company is selling its division or assets then it is raising cash.

These things constitutes to increase in cash flow.

The decrease is cash occurs when the company invests (cash outflow). So the company is making cash outflows which means cash level will decrease.

4 0

3 years ago

Carla Vista Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $500,0

riadik2000 [5.3K]

Answer and Explanation:

The Preparation of analysis showing whether the company should eliminate the gloves and mittens line is shown below:-

Particulars Continue Eliminate Net Income

Increase (Decrease)

Sales $500,000 0 ($500,000)

Variable

expenses $360,000 0 $360,000

Contribution

margin $140,000 0 ($140,000)

Fixed costs $148,000 $36,000 $112,000

Net income ($8,000) ($36,000) ($28,000)

The analysis showing that the Carla Vista Corporation should manufacture gloves and mittens else there loss will be increased by $28,000

4 0

3 years ago

Miguel Corporation, a foreign subsidiary of a U.S. parent company, has one asset (Land) and no liabilities. The functional curre

user100 [1]

Answer:

All the 4 statements are correct.

Explanation:

The International Accounting Standard on Currency changes says that the all the assets and liabilities of the subsidiary must be reported at market value of the asset both at the end of the year and at the time of sale of asset & payment of liability. So this means that the statement a and d are correct statements because the translation gain or loss is reported by using the spot rate which is the market value of the asset in the parent company's currency. Similarly, the statement b and c are correct because at the time of sale of subsidiary assets we are actually recognizing the remeasurement gain or loss by using the spot rate, which is the market value of the asset in the parent company's currency.

5 0

3 years ago

Before, during, and after a sale, a selling strategy must focus on

Alenkasestr [34]

Before, during, and after a sale, a selling strategy must focus on meeting a customers needs.

It is important when you are trying to sell a product or service to someone, that they see the benefits themselves. As a sales person your job is to make sure the product you have is meeting the customers needs fully because if they don't see that, they won't make the purchase. As a customer, whenever I buy a product I run down a list of ways it will benefit me or why I need it.

4 0

3 years ago

Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are

Katyanochek1 [597]

Ceteris paribus, for the owner of a sawmill, lumber and the sawdust that go into particle board are complements in production; by-products. Ceteris Paribus is a Latin phrase meaning "all other things remaining equal". It is commonly used in economics.

6 0

3 years ago