____ describes the period of time in a twenty-four-hour period that is spent at work.

Employees should keep their cell phones on them at all times because they may have time to talk with friends and family througho

sesenic [268]

Answer:

False

Explanation:

they should have them charged and on their person because their boss my be sending them information through it or so that they can get emergency calls from work of family

4 0

3 years ago

CA5-5 WRITING (Cash Flow Analysis) The partner in charge of the Kappeler Corporation audit comes by your desk and leaves a lette

zvonat [6]

Answer:

Explanation statement of cash flow for the year ended December 31.2017

Cash flow from operating activities

Net income 100,000

Add back depreciation 10,000

Add back amortization 1,000

Add back loss on asset sales 5,000

Increase in account receivable(40,000)

Increase in inventory (35,000)

Decrease in accounts payable (41,000) (100,000)

Net cash from operating activities 0

Cash flow from investing activities

Sales of land 25,000

Purchase of equipment (100,000)

Purchase of Land (200,000)

Net cash from investing activities (275,000)

Cash from financing activities

Payment of dividends (10,000)

Redemption of bonds (100,000)

Bet cash from financing activities (110,000)

Net decrease in Cash ( 385,000)

Cash balance in January 1, 2017 400,000

Cash balance in December 31 , 2017 15,000

<u>Workings</u>

1)

The disparity between the net income and the cash floe are as a result loss of cash to operating activities as a result of cash tied down to increase in receivable and inventory and also to an increase in payable leading to an overall cash generated by operating activities of 0

Moreover , a larger portion (300,000) of the opening cash balance(400,000) for the year was used in acquiring land and equipment and also 100,000 used in the redemption of bond. , even though this reduced the interest expense and improve equity , yet it was a big blow to the cash flow.

2)

The importance of cash flow is that it helps to analyse and monitor cash movement and cash available for the purpose of business activities towards liquidity and long term solvency.

3)

Renewable sources of cash flow are generated from the company's operating activities as the cash used for the financing and operating activities are generated from this medium.

4)

Suggestion to improve cash flow for Kappler are

Reduce the level of inventory held
Negotiate with the account payable for a longer trade payable payment period
Reduce the trade receivable collection period
Payment of dividends and redemption of bonds van be suspended till alter date when adequate cash is available
it can also negotiate for external sources of financing

4 0

2 years ago

Loretta Bolero wants to run for office but cannot devote more than two years to the job. What office do you suggest that Loretta

MAVERICK [17]

A vacant senant seat so A

7 0

3 years ago

Read 2 more answers

Describe the elements that must be present for the courts to rule that a contract is unconscionable?

Evgesh-ka [11]

The elements that would have to be in place for a contract to be unconscionable would be that

They were under pressure
They were misled
They did not have the right information

<h3>What is meant by a contract?</h3>

This is the term that is used to refer to the fact that two people or more have agreed to do business with themselves.

In order to be a contract, one person would have to create a bargain and the other would be the one that would agree to the terms.

It is unconscionable at the time when the contract is done and the person or one of the parties is found not to have been able to make the contract agreement at their right frame of mind. In this case, the law has the power to protect this party.

Hence they would have to rule in his favor. Therefore to be unconscionable, a contract would have to have been misled, have been made under duress and without the adequate information.