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2 years ago

A major problem with the implementation of an annually balanced budget is that it?

Business

1 answer:

djyliett [7]2 years ago

3 0

Answer:

A major problem with the implementation of an annually balanced budget is that it magnifies the fluctuations in the business cycle.

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Suppose Stuart Company has the following results related to cash flows for 2021: Net Income of $5,600,000 Increase in Accounts P

seropon [69]

1. The statement of cash flows of Stuart Company for the year ended December 31, 2021, is as follows:

Stuart Company

<h3>Statement of Cash Flows</h3>

For the year ended December 31, 2021, $'000

Net Income $5,600

Depreciation 1,900

Other Adjustments (800)

Increase in Accounts Payable 600

Decrease in Accounts Receivable 900

Increase in Inventory (200)

Net Cash Flow from Operating Activities $8,000

2. The Net Cash Flow from Operating Activities for Stuart Company for 2021 is <u>$8 million</u>.

<h3>What are operating activities' cash flows?</h3>

The cash flows from the operating activities section affect revenues and expenses.

They indicate the cash flows that originate from the regular business activities of the entity.

To prepare the statement of cash flows, the first items to adjust the net income are the non-cash expenses and losses and revenues and gains.

Learn more about the operating activities section at brainly.com/question/25530656

#SPJ1

8 0

2 years ago

Enos Printing Corp. uses a job order cost system. The following data summarize the operations related to the first quarter’s pro

VLD [36.1K]

Answer:

raw materials 197900

accounts payable 197900

WIP 161830

factory overhead 5270

raw materials 167100

WIP 85500

factory overhead 7600

wages payables 93100

factory overhead 53000

accounts payable 53000

factory overhead 17150

acc. Dep-equipment 17150

dep expense* 14800

acc. Dep- Off Building 14800

WIP** 70965

factory overhead 70965

Finished Goods*** 251747

WIP inventory 251747

Explanation:

* as the building is not related to the manufacturing process we cannot capitalized through inventory We will record as cost ofo the period therefore, depreciation expense

** the aplied overhead will be the amount of direct labor added during the period time 83%

85,500 x 83% = 85,500 * 0.83 = 70,965

*** we will have to add up the jobs cost to detemrinate how much of the work in process inventory becomes finished good

Job Materials // Labor // Overhead

A20 $ 37,740 $ 19,200 + 19,200 x 0.83

A21 $ 44,320 $ 23,600 + 23,600 x 0.83

A23 $ 41,770 $ 27,100 + 27,100 x 0.83

Total 251,747

4 0

3 years ago

A ________ is a network of activities for accomplishing a business function.

xeze [42]

Answer:

busness process

Explanation:

3 0

2 years ago

Should Tangshan Mining company accept a new project if its maximum payback is 3.5 years and its initial after tax cost is $5,00

Firlakuza [10]

Answer:

Yes, Tangshan Mining company should accept the project.

Explanation:

Payback period is the number of years it takes for a project's expected cash inflows to recover the initial investment amount.

Tangshan company's required payback period = 3.5 years

0 -5,000,000 -5,000,000

1 1,800,000 -3,200,000

2 1,900,000 -1,300,000

3 700,000 -600,000

4 1,800,000 1,200,000

<em>Payback period = last year with -net CF +(absolute net CF that year /total CF the following year)</em>

Payback period = 3 + (600,000 / 1,800,000)

=3 + 0.33

= 3.33 years

Since 3.33 years is lower than the required payback period of 3.5 years, Tangshan Mining company should ACCEPT the new project; it will take less years to fully recover the initial amount investment.

5 0

3 years ago

What is the effective rate of a $25,000 interest-bearing simple discount 10%, 90-day note?

salantis [7]

The effective interest rate on a discounted note is
.. 1/(1-r) = 1/0.9 ≈ 11.11%

_____
The amount and time have nothing to do with it for simple interest.

5 0

3 years ago