Answer:
Operating cash flows = $208,000
Explanation:
we know here that
accounts payable balance has decreased from $36,900 and $31,200
inventory balance has increased from $43,300 and $47,000
so to find out the operating cash flow any decrease in current liabilities and any increase in current assets should be subtracted from net income
so
accounts payable= current liability
and inventory = current asset
and
The operating cash flows to be reported should be computed as
Operating cash flows = Net income - Decrease in accounts payable balances - Increase in inventory balance ....................1
Operating cash flows =
Operating cash flows = $217,400 - ($36,900 - $31,200) - ($47,000 - $43,300)
Operating cash flows = $208,000
Answer:
State ownership
Explanation:
State ownership, or government ownership, or public ownership, is a form of ownership were the government owns or partly owns as well has control over a business with the revenue from the business or establishment being added as benefits accruable to the welfare of the public
The characteristics of a state ownership are;
1) State ownership means that the government is the owner, or part owner of the establishment, where part ownership belongs to the public
2) The main purpose of a state owned business is not to make profit, but rather to provide public welfare, that benefits the residents of the country
3) The profits from the business are entered into the treasury of the state and are used to carry out public welfare projects
4) The employees of the government are the managers of the establishment which is subject to bureaucracy, and the business is operated with a state selected board of directors
5) The government determines the manner of stability present in the business, as well as the winding up of state owned businesses that have no function
6) The state owned business is operated by the laws and policy if the business and it is therefore recognized as an autonomous body
Answer:
Predictive models
Explanation:
Predictive modeling uses statistics to predict outcomes. It can be applied to any type of unknown event, regardless of when it occurred.
Answer:
What was the amount of credit sales during May? $ 60200
Explanation:
April Deb Cre May
Account receivable 31200 66400 25000
31200 60200 66400 25000
Credit 66400 +
may-31 25000 +
apri-30 -31200 -
= 60200
This is called private branding (or private labeling)
For better understanding, we have to understand what the term private branding (or private labeling) means
- Private branding (or private labeling) is simply known as when a company produces a particular product and thereafter sells the product to a retailer who later on resells it after registering or branding it under its own name.
- An example is when Povlix watch maker make watches for Pinnacle to sell as its Nacles watch.
- A brand is often regarded as the name,design etc that set apart an organization or product from other companies (mostly its rivals) in the eyes of the customer.
From the above, we can therefore say that the answer that this is called private branding (or private labeling) is correct
Learn more about private branding (or private labeling) from:
brainly.com/question/17372249
