Answer:Cash provided by operating activities= $818,000
Explanation:
Cash Flow from operating activities is the amount of cash generated from the inflows and outflows of the business activities in a company.
Cash Flow from operating activities in 2016
Net income $930,000
Add
Depreciation $104,000
Loss on sale of equipment $ 12,000
Prepaid expenses decrease $ 8,000
Deduct
Accounts receivable increase -$ 60,000
Inventory increase -$160,000
Accounts payable decrease -$16,000
Cash provided by operating activities $818,000
Answer:
The correct answer is Validity.
Explanation:
The objective of the evaluation of the labor performance is to know the performance of a worker in the responsibilities that correspond to him, his abilities, knowledge, etc. as well as to detect possible inefficiencies and points for improvement. Often, it is also used to analyze the progress of an employee after joining the team, after a certain time or periodically, to see how they are working in their job, their development, and if the experience acquired or the Work performed corresponds to the objectives expected to be met.
Along the same lines, job performance is also evaluated in order to make decisions that affect salary increases, promotions, layoffs, incentives, and other issues that determine the present and future of a worker in the company.
In order for the performance evaluation to be valid and provide us with the most realistic results possible, it is advisable to follow certain basic rules:
- The employee must know that he is being evaluated and must know the objectives based on which his performance is being measured.
- The indicators to be measured must be adapted to each job position and supported by information relevant to their position and the tasks performed.
- It is preferable that the person in charge of the evaluation belongs to the team and is in direct contact with the worker, to know their evolution first hand and help them in their development.
Answer:
The amount to be saved at the age of 65 is $1940755.74
Explanation:
To calculate the amount needed at 65 including inflation = 40000 * 1.0336 = 115931.13
Present Value of Growing Annuity = PMT / (r-g) [ 1 - {(1+g)/(1+r)}n ]
= 115931.13 / (0.045 - 0.03) [ 1 - (1.03/1.045)20 ]
= 7728742.2 * 0.2511089
= 1940755.74
Answer:
This will create shortage and people will sell milk in black market at higher price.
Explanation:
Wildfires and mudslides have closed the highways. This created greater demand and short supply.
The equilibrium price increased to $7.
But the government imposed a price ceiling of $4.
At this binding price ceiling, the quantity demanded is more than quantity supplied.
This high demand would cause the suppliers to sell milk in the black market at a higher price.