Answer: True
Explanation:
The Statement of Cash flows is prepared to show the cash transactions of a company and only cash. The effect of anything non cash is not shown.
Depreciation is a non-cash expense which means that it reduces the net income without actually reducing the cash to the company. It would therefore be added back to the cash balance of the company so as to reflect that it did not reduce cash. The addition will be in the operating activities of the Statement of Cashflows.
Answer:
a)A foreign subsidiary with current assets in excess of current liabilities will cause a translation gain (loss) if the local currency appreciates (depreciates).
Explanation:
Answer:
This scenario best describes a Sales Promotion
Explanation:
Sales promotion is a strategy that involves reducing the price of products to clear out inventories, attract traffic, and to lift sales temporarily.
It could also be used as a medium to introduce a new product,
Same applies when a large rug store, decide to have a sale.
To achieve the aim of sales promotion, the store manager works with the advertising department to make the public aware of the sale.
A proactive manager also makes provision for enough salespeople to handle the increased customer traffic, and ensure that the manufacturers of the product is able to meet expected consumer demand.
This food should be displayed behind food dated June 27th so that the food which will expire sooner will hopefully be chosen by the shopper to finish it and leave the food with a longer shelf life for later since it has a later expiry date.
Answer:
c. Hal’s lost wages at Burger Haven
Explanation:
The opportunity cost is the cost of the best alternaive rejected to perform the current project.
We must calculate the opportunity cost for each factor when needed. The most common example, if someone is using a place for a personnal project, the opportuniy cost will be the sum of:
The rent factor, the proceeds it could receive from the space
The labor factor, the salary it could recieve if it is working on a different project.
In this case, Hal only is resining to labor factor, so the opportunity cost for collegue is the lost wages at burger haven
