Answer:
$2,730,000
Explanation:
Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.
These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $2,500,000
Adjustment made:
Add : Depreciation expense $160,000
Add: Decrease in accounts receivable $350,000
Less: Decrease in accounts payable -$280,000
Total of Adjustments $230,000
Net Cash flow from Operating activities $2,730,000
Answer:
C. Management Role
Explanation:
Micah is in a management role at his company because all the functions that he performs are functions of management in the an organisation.
The management functions include, Planning, Organizing, controlling and leading. The manager mainly plan the work of the organisation, coordinates the activities of others and direct them towards the achievement of the organisational goals and objectives.
Answer:
a.false; price increases will mean fewer sales, which may lower profits.
Explanation:
In a monopoly market structure, price is the amount customers are willing to pay for a product or service. All things remaining constant, a monopoly has to reduce its prices to increase its sales volume. A Monopoly is the single supplier of particular products and has are no close substitutes.
The Demand curve of a monopoly is the same as the industry's demand curve and is downward sloping. An increase in price will cause a decline in demand. Should the cost of inputs increase for a monopoly, its sales may decrease in it increases its prices. Fewer customers will afford the products of a monopoly at an increased price.
Answer:
b. Operating activities
Explanation:
As we know that there are two methods of cash flow statement. The one method is direct method and the other one is indirect method
Also the financing activities and the investing activities should be same calculated under both the methods
But the operating activities would be calculated differently under both the methods
In the direct method, the cash receipts and cash payment would be adjusted while an indirect method, the changes in working capital would be adjusted
Therefore the option b is correct
Answer:
Synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts. If two companies can merge to create greater efficiency or scale, the result is what is sometimes referred to as a synergy merge. :)
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