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:
Journal Entries
Dr. Cr.
Sale of Merchandise
a. Account Receivable $4,240
Sales $4,000
Sales Tax Payable $240
Cost of Goods Sold $2,360
Merchandise Inventory $2,360
b. Payment of Sales Tax
Sales tax Payable $42,110
Cash $42,110
Explanation:
Sales of Merchandise increase the account receivable and tax liability as well. Inventory has been reduced by the cost of merchandise.
Tax is paid and sales tax liability is reduced along with cash.
Answer:
This is an example of shoe-leather costs of inflation.
Explanation:
In this case, local currency looses its value so quickly that <u>Lorenzo is doing a great efford to mantain the value of his work.</u> Then we can refer to shoe-leather cost of inflation, which is related to cost of time and effort that Lorenzo spend trying to avoid the lost of purchaising power.
We produce this product as an example of core customer value.
The core customer value level contains the primary values, the pure blessings that every product/carrier brings to satisfy a certain want of the customer.
An organization's extra essential customers, are distinguished from the rest by way of their long-time period value to the organization.
Customer value is best defined as how a great deal a product or service is worth to a consumer. It's a measure of all of the expenses and advantages associated with a product or services. Examples consist of rate, satisfactory, and what the products or services can do for that precise person.
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Answer:
c
Explanation:
I think because the clue is the direct way to increasing minimum wage