Answer:
d.$1,371,000
Explanation:
Given that
Warranty liability at the beginning of year = $359,000
Warranty liability at the end of year = $308,000
Warranty expense = $44 million
Sales percentage = 3%
So, the warranty expense = $44,000,000 × 3% = $13,20,000
So, the warranty expenditures for 2018 is
= Beginning warranty liability + warranty expense - ending warranty liability
= $359,000 + $13,20,000 - $308,000
= $1,371,000
Job descriptions are a key prerequisite for any performance management system because they provide the criteria that will be used in measuring<span>performance.
These job descriptions will give you all information you need to see how your performance is going to be measured. So it is important to include them to make things easier for you, so that you can know whether or not to apply for that particular position.
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Answer:
The marginal return of production of the second worker or marginal product of the second worker is 10 cones.
Explanation:
One worker can make 15 cones of ice cream in an hour.
Two workers can make 25 cones in the same time.
While three workers can make 30 cones in an hour.
The marginal return of the production of the second worker is the contribution of the second worker in the total output.
Marginal return
= 25 cones - 15 cones
= 10 cones
Answer:
Net Cash Flows from Operating Activities for 2012 will be $2,082
Explanation:
Prepare the Cash flow from Operating Activities Section to determine the Net Cash Flows from Operating Activities.
Cash flow from Operating Activities :
Net income 3,382
Adjustment for Non-Cash items :
Depreciation 810
Adjustment for Changes in Working Capital items :
Decrease in Accounts Receivables 200
Increase in Inventory -500
Decrease in Notes payable -400
Decrease in Accounts payable -1,000
Increase in Accruals 400
Net Cash Flows from Operating Activities 2,082
Conclusion :
Net Cash Flows from Operating Activities for 2012 will be $2,082
Answer:
The correct answer is $166,000.
Explanation:
According to the scenario, the given data are as follows:
Credit sales for Jan. = $100,000
Cash sales for Jan. = $60,000
cash sales to increase in Feb = 10%
So, we can calculate the cash collection in Feb by using following method:
Cash collection in Feb = Cash Sales for Feb + Credit sales for Jan.
= ( $60,000 × 110%) + $100,000
= $66,000 + $100,000
= $166,000