Answer:
The correct answer is False.
Explanation:
At the end of the accounting period, monthly, annual or of any kind, a series of tasks of control and audit of costs are carried out in order to generate correct and compensated reports of the value of the inventories and send it to the finance department. Apart from the accounting tasks that transfer the value movements of individual products to exclusive accounting accounts, multiple reporting and monitoring functions and a special reconciliation tool are available for the auditors and cost control engineers responsible for this work. critical importance for the company.
Answer:
Ayayai Corporation
Statement of Cash Flows
For the Year Ended December 31, 202x
Cash flows from operating activities:
Net income $50,700
Adjustments to reconcile net income:
- Depreciation expense $17,900
- Increase in accounts payable $13,600
- Increase in accounts receivable ($12,000)
- Increase in AFS securities ($17,100)
- <u>Increase in inventory ($7,200) ($4,800)</u>
Net cash flow provided by operating activities $45,900
Notes payable are part of the financing activities of the company, they are not part of the operating activities. So any change in the value of notes payable must be included in the cash flows from financing activities.
Answer:
a. The current market value of the land
Explanation:
An expansion project costing plays a huge role. According to relevant cost, all irrelevant cost in the business should not be considered while analyzing a project. In the past, cost incurred in purchase of the land and its improvement is sunk cot, hence these expenditure ares irrelevant while analyzing the expansion project. The only cost which is to be considered is current market value of the land.
Answer:
Explanation:
The best recommendation in this scenario would be to liquidate half of the money market fund and invest it in 5 year corporate debentures yielding 2.70%. This is because traditionally money market funds, although highly liquid, only offer an average of 1% return on investment for the capital invested. Investing instead in a corporate debentures yielding would net the individual more than double in ROI and hopefully cover all of the living expenses.
