Answer:
b. A deduction from net income in determining cash flows from operating activities.
Explanation:
An increase in prepaid expenses is deducted from Net Income. The reason behind it very simple and no rocket science is there. Lets take Insurance as a prepaid expense. You Paid in-advance for Insurance, it increase your current asset that is Prepaid Insurance BUT at the same time cash went out of the Business.
I hope I made it clear to you. If you still have any queries, feel free to ask me.
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During a demonstration, promptly responding to audience members' requests creates your reputation as responsive.
What defines an audience?
An audience is a collection of people who attend a performance or confront a piece of art, literary works (in that they are referred to as "readers"), theater, music (in they are referred to as "hearers"), games consoles (in that they are referred to as "players"), or scholars in any medium.
What is an instance of an audience?
An audience is a crowd of individuals who attend an event. Those who attend an e-sports incident to witness others play a game, for example, are part of a viewer. The image depicts thousands of people crammed into a sphere to witness an e-sports event.
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Answer and Explanation:
The computation is shown below;
But before that the depreciation expense per year is
Depreciation per year = (Cost - Residual value) ÷ Useful life
= ($38,080 - $2,800) ÷ 6 years
= $5,880
1.Net book value as on disposal date is
= $38,080 - ($5,880 × 3)
= $20,440
2.
We know that
Gain on sales = (Sales - Book value)
Gain = $(20,400 - 20,400) = 0
a. Loss = $13,000 - $20,440 = -$7,440
b. Loss = $10,000 - $20,440 = -$10,440
The option that makes the most sense for the party by Mr and Mrs Atoll is one case of 24 sodas at $18.50.
<h3>Why this option is the cheapest</h3>
The reason for this is that given the guests they are entertaining, this option is the most cheapest and effective.
How to calculate for the way that the drink would go round
a. Each bottle is $1.5. Two bottles for 1 = 1.5x2 = 3 dollars
b. six packs at 5$. One= $0.88
c. A case of 24 sodas at $18.5. one soda is going to be 18.5/24 = $0.77
d. Two cases of 24 soda at 18.5 = $1.54
Given the calculations that have been done above, option c at $0.77 is the cheapest. It would require them to send the less money in getting sodas that would go round twice for 10 people.
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Answer:
C) The company followed a low inventory system.
Explanation:
As the product was new, the correct estimate of expected sales could not be made, and with high demand and hype in the market the company, there was a high demand of the product.
This certainly led to stock out, and not meeting the customers needs.
Accordingly the reputation in market degraded.
This is because of low performance, because of shortage of inventory.
Therefore, the correct option is:
Poor Inventory system, which led to poor performance.
