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3 years ago

9

Bagrov corporation had a net decrease in cash of $16000 for current year, net cash used in investing activities was $58000, and

net cash used in financing activities was $44000. What amount of cash was provided (used) in operating activities?

1 answer:

BigorU [14]3 years ago

4 0

Answer: 87,000 provided

Explanation:

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A performance audit engagement typically involves: a. Review of financial statement information, including the appropriateness o

zysi [14]

Answer:

The correct answer is c. Appraisal of the environment and comparison against established criteria.

Explanation:

Performance audit is defined as a systematic, multidisciplinary, independent and objective review of the operation, programs and projects carried out by an organization and focuses mainly on evaluation to determine if its management has performed in terms of economy, efficiency and effectiveness.

The performance audit emphasizes how the different areas of a company have impacted the target market with their actions, considering the relevant results and real progress in achieving the objectives and goals.

Among its main technical tools we can distinguish the matrix of results indicators, which allows to efficiently link the objectives of the company and the results expected to be obtained in each of them, as well as the measurement indexes necessary for its monitoring and evaluation.

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3 years ago

Suppose Chef Kitchen manufactures cast iron skillets. One model is a 10-inch skillet that sells for $ 28 . Chef Kitchen project

Lerok [7]

Answer:

production schedule for July = 815 10-inch skillets

Explanation:

price of 10-inch skillet $28

projected sales 625 units

costs:

direct materials $6
direct labor $3
manufacturing overhead $5
sales and administrative expenses $1,000

beginning inventory 60 units

ending inventory 40% of August sales

production during July = (projected sales - beginning inventory) + (40% x projected sales August) = (625 units - 60 units) + (40% x 625 units) = 565 units + 250 units = 815 10-inch skillets

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3 years ago

When a firm believes that the social and economic validation for its existence is obtained from achieving their organizational o

Nesterboy [21]

Answer:

The correct word that fills the gap is: sales.

Explanation:

Initially, the Marketing approach was productive, towards production: Marketing aims to achieve greater efficiency in the financial and productive areas of the company.

Subsequently, the emphasis was on the product, but the growing competition and the difficulty of selling production, changed the focus towards sales, the goal was to sell above all and reduce inventories.

Subsequently, the focus is increasingly shifted to the consumer: consumers do not acquire production plants, products or services, buy benefits and utilities, the "expectations of meeting their different needs." The current approach is market-oriented, where the consumer and their needs remain the key, and therefore the competition must also be analyzed, which tries to satisfy the same customer as us. Likewise, the environment that conditions this process and any other critical factor must also be analyzed.

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3 years ago

Prepare a December 31, 2020, balance sheet for Long Print Shop from the following: cash, $50,000; accounts payable, $38,000; mer

Bumek [7]

Answer:

<u>Long Print Shop</u>

<u>Balance sheet for the year ended December 31, 2020</u>

Amount in $ Amount in $

<u>Assets</u>

<u>Non-current asset</u>

Equipment 20,000

<u>Current assets</u>

Merchandise inventory 14,000

Cash 50,000

Total current asset <u>64,000</u>

Total assets <u>84,000</u>

<u>Liabiities</u>

Accounts payable <u>38,000</u>

Total liabilities <u> 38,000</u>

<u>Equity</u>

Capital <u>46,000</u>

Total equity <u>46,000</u>

Total liabilities and equity <u>84,000</u>

Explanation:

The accounting equation shows the relationship between the elements of a balance sheet which are assets liabilities and equity. This may be expressed mathematically as

Assets = Liabilities + Equity

While assets include fixed assets, cash, inventories, account receivables etc, liabilities include accounts payable, loans payable, accrued expenses etc.

Equity which represents the amount owed to the owners of the business includes retained earnings (which is the accumulation of the net income/loss over the years less dividends paid) and common shares.

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3 years ago

HELP PLEASE .......Suppose that you are opening a new music store in your town. What resources would you need from the factor ma

love history [14]

Answer:

Labor and store space (land and building)

Explanation:

In economics, the factor market refers to the purchase and sale of <u>factors of production,</u> which include land, labor, capital, and entrepreneurship.

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3 years ago