Answer: $6.705 million
Explanation:
Ms. Neon can speed up collections by 2 days so collection is faster.
She can slow down payments by 1/2 days so payments are slower.
Freed up cash is;
= (Cash receipts * Days sped up) + (Cash payments * days slowed down)
= ( 3.05 * 2) + (1.21 * 1/2)
= $6.705 million
Answer:
the amount of sales revenue recorded is $86,234
Explanation:
The computation of the amount of sales revenue recorded is shown below:
= Annual payments × PVAD of $1
= $19,500 × 1+(1 - (1.10)^-5) ÷ 0.10
= $86,234
Hence, the amount of sales revenue recorded is $86,234
We simply applied the above formula
Answer:
a. True
Explanation:
When an asset is purchased with Cash, the entries are debit to fixed assets and credit to cash. Depreciation is not recognized until the asset has been put to use.
To determine net income, depreciation and amortization expenses are deducted as expenses from the revenue.
Hence in the determination of Cash flows from operating expenses, such non-cash items that were deducted will be added back.
Explanation:
In the current global health crisis, scientific management has an extremely relevant role in helping to find solutions and improvements that will reduce the crisis.
Through science and scientific research supported by a set of reliable evidence, it is possible to find new solutions and technologies for diagnosis and treatment of the disease that caused the crisis.
Some of the ways in which scientific management can assist in the global pandemic are:
- Monitor and control the most affected areas
.
- Manage medical facilities and services so that there is sufficient medical staff and equipment to serve the regions most affected by the virus
.
- Establish secure information and communication with the population on awareness and instructions needed to act in times of crisis
.
- Establish, through scientific methodology, ways to monitor the losses resulting from the crisis.
