Answer:
C. Three
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
So, in the above question, there are 3 transactions which are to be considered as operating activities that includes Purchased $12,000 in supplies, Provide services to customers for $27,000, and Paid the utility bill of $750
Answer:
$24,396
Explanation:
The total of accounts written off for 11 months can be calculated by subtracting the November 30 balance from the total of beginning balance
Bad debt - Bad debt written off
= Allowance for bad debts + bad debts expense - Allowance for bad debts account as at November 30, 2019
= $13,049 + $21,058 - $9,711
= $24,396
Answer:
The primary value activity outbound logistics.
Explanation:
Operations - are all the activities required to transform inputs into outputs (products and services). Outbound Logistics - include all the activities required to collect, store, and distribute the output
Answer:
D) the U.S. inflation rate as measured by the CPI was higher than that measured by the GDP deflator, and the difference was explained by rapidly rising oil prices
Explanation:
During the 1970s there was a very strong correlation between oil prices and the CPI. Oil is essential to our economy, since it is used in so many different ways, e.g. fuel, plastics, heating, etc. The oil prices increased from $15.85 per barrel on April 5, 1979 to $39.50 per barrel on March 3, 1980. That is a huge increase (149%) for only one year.
The CPI more than doubled during the 1970s, increasing from 41.20 in 1972 to 86.30 in 1980 (109% increase). It had previously taken 24 years for the CPI to double before that decade. That is a huge increase in inflation even if you compare it to more modern day inflation. The CPI for 2018 was 251, so in the last 38 years it increased by 190% and inflation has been an issue several times in the last decades.
