Answer:
A. Functional flexibility
Explanation:
Every company aims to be successful. For this the company shall be adaptive to change, this clearly provides for the company to evolve and have plans and programs which help in implementing change.
Functional Flexibility provides for change in the organisation with the change in environment. Basically it creates a effective mechanism in the company to meet the changing needs of the market in order to be effective in the market.
The employees are asked to change their roles and functions, for this if needed they are even provided training.
Answer:
Engineering Wonders' net cash flows from operating activities are $61.8 million
Explanation:
Net income from operating activities = net income - gain on the sale of land + building depreciation expense = $56.0 - $1.4 + $4.6 = $59.2 million
Engineering Wonders' net cash flows from operating activities = Net Income from operating activities + Decrease in Accounts Receivable + Decrease in Inventory - Decrease in accounts payable = $59.2 + $1.6 + $3.6 - $2.6 = $61.8 million
Answer: U.S Treasury bonds
One of the main risks of investing is the risk of not getting back the amount invested. This risk is called default risk.
Income bonds, preferred stocks and subordinated debentures have default risk since there is no guarantee by the issuing companies that they will repay the principal, and interest or preferred dividends, as the case may be.
However, if an investor holds a U.S treasury bonds until maturity, the government gives a guarantee on the interest payment and principal amount. Hence the U.S treasury bonds are traditionally considered to have the least risk.
However, even U.S. treasury bonds are sensitive to inflation and interest rates.
Answer:
$2,640,000
Explanation:
Feb 1 $2,040,000*10/12=1,870,000
June 1 $1,320,000*7/12= 770,000
Dec 31 $3,031,130*0=
Total expenditure to be capitalized $2,640,000
Answer: $1,712
Explanation:
If the company uses FIFO it means that they sell their earlier inventory first. If there are 96 units on hand, it means that these 96 units would be the latest inventory.
That means that these 96 units comprise of:
- 86 units purchased on November 25 at $6.30 each and,
- 10 units from the November 17 purchase of 58 units at $6.05 each which means 48 units were sold from this purchase.
The units sold were therefore:
= (29 * 5.80) + (115 * 6.20) + (48 * 6.05)
= 168.20 + 713 + 290.40
= $1,171.60
= $1,712