Registration is a must for sole proprietorships. <br><br> a. True <br><br> b. False

The income statement is reconstructed on a cash basis from top to bottom when the ________ method is used to prepare the operati

Elodia [21]

Answer:

Direct method

Explanation:

There are three types of activities in the cash flow statement under the direct method

1. Operating activities: It records those transactions which are related to the cash receipts and cash payments.

Like:

Cash flow from Operating activities

Collections from customers

Less: Cash paid to suppliers and employees

Less: Interest and taxes paid

Net Cash flow from Operating activities

2. Investing activities: It records those activities which include purchase and sale of the long term assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.

4 0

3 years ago

Market equilibrium Consider the demand function of tofu given by Qd = 150 – 10p + 5pb and the supply function of tofu given by Q

ser-zykov [4K]

Answer:

a) Qs = 50 + 20p - 7ps

= 50 + 20p - 7×(2)

= 50 + 20p - 14

= 36 + 20p

At equilibrium, $Q_{d}$ = $Q_{s}$

So, 150 - 10p + 5 $p_{b}$ = 36 + 20p

So, 20p + 10p = 30p

= 150 - 36 + 5 $p_{b}$

= 114 + 5 $p_{b}$

So, p = (114/30) + (5/30) $p_{b}$

= 3.8 + 0.17 $p_{b}$

Thus, $p_{e}$ = 3.8 + 0.17 $p_{b}$

Q = 36 + 20p

= 36 + 20(3.8 + 0.17 $p_{b}$ )

= 36 + 76 + 3.4 $p_{b}$

= 112 + 3.4 $p_{b}$

Thus, $Q_{e}$ = 112 + 3.4 $p_{b}$

b) $p_{e}$ = 3.8 + 0.17 $p_{b}$

= 3.8 + 0.17×(5)

= 3.8 + .85

= 4.65

$Q_{e}$ = 112 + 3.4 $_{b}$

= 112 + 3.4(5)

= 112 + 17

= 129

c) Qd = 150 - 10p + 5pb = 150 - 10(2.5) + 5(5) = 150 - 25 + 25 = 150

Qs = 36 + 20p = 36 + 20(2.5) = 36 + 50 = 86

Thus, there is excess demand as $Q_{d}$ > $Q_{s}$

d) New $Q_{d}$ = 180 - 10p + 5 $p_{b}$

= 180 - 10p + 5×(5)

= 180 - 10p + 25

= 205 - 10p

Now, new $Q_{d}$ = $Q_{s}$ gives,

205 - 10p = 36 + 20p

So, 20p + 10p = 205 - 36

So, 30p = 169

So, p = 169÷30

So, $p_{e}$ = 5.63

Q = 205 - 10p = 205 - 10×(5.63) = 205 - 56.3 = 148.7

So, $Q_{e}$ = 148.7

6 0

3 years ago

If the performance evaluations that salespeople receive are based solely on sales revenue to the exclusion of other important fa

babunello [35]

Answer:

c. criterion deficiency

Explanation:

Based on the information provided within the question it can be said that in this scenario it seems that the performance management system suffers from Criterion deficiency. This term refers to a company failing to assess one or more very important aspects of the process of job performance appraisal for employees within the company. Such as is the case in this scenario as the company is only looking at the sales revenue and completely ignoring all of the other important factors.

8 0

3 years ago

You decide to purchase an equal number of shares of stocks of firms to create a portfolio. If you wished to construct an index t

Bond [772]

Answer:

Price weighted index

Explanation:

A price weighted index is an index used in stocks where each company that is part of the index makes up a fraction of the total, and is proportional to its price per share.

Higher weight is given to sticks that have higher prices.

Rice weighted index is a good way to track track portfolio performance that best match for your portfolio.

3 0

3 years ago

Diverse regulatory practices _____ the integration process of a global information system (gis). facilitate speed up impede empo

mylen [45]

The answer in the space provided is impede because they need to prevent the integration process of global information system in which impeding is the process or practice that helps them to engage with the process that involves of the GIS.

3 0

3 years ago

Registration is a must for sole proprietorships. a. True b. False