Answer:
Net income is $162,470
Operating cash flow is $280,470
Explanation:
The company net income can be computed thus:
Sales revenue $1,190.000
less:
Cost of goods sold ($588,000)
gross profit $602,000
selling expenses ($241,000)
depreciation ($118,000)
EBIT $243,000
Interest($800,000*4%) ($32,000)
EBT $211,000
Tax at 23% ($48530
)
Net income $162,470
Besides the operating cash flow is net income plus depreciation
$162,470+$118,000=$280,470
<span>If I have a one year loan outstanding on my car and make monthly $400 payments, my timeline would include twelve equal payments of $400 starting now. The bank's timeline would be the same twelve equal installments of $400 but they would be cash inflows since I am paying the money to the bank. I would consider the $400 a cash outflow.</span>
Answer:
High demand
Low supply
High prices
Explanation:
The demand and supply of products, goods and services is heavily dependent on several factors ranging from economic, health and social factors. Disease and viral outbreaks have devastating effects on the market forces of demand and supply which in most cases will impact the market negatively with characteristically high prices and scarcity of products. The mouth and hoof outbreak in Europe was one which impacted the economy including farmers, leather and hides workers and all whose businesses and sustainability depends on cattles and its products. Due to the contagious nature of the disease and the ease at which it could spread if curtailment isn't effected on time, millions of cattles were slaughtered on sighting the symptoms and it's products including skins are burnt leading to losses in billions on the path of cattle rearers, shortage of lather, hides and skins, restriction in international product trade in other to avoid its spread to other parts of the world. These resulted in low supply and high demand of cattles and its products including leather goods meaning High prices for little available.
Answer: Investing activities
Explanation:
The appropriate section in the statement of cash flows for reporting the purchase of equipment for cash is referred to as the investing activities.
The operating activities has to do with the reporting of cash payment for wages. The financing activities has to do with reporting issuance cash for the common stock.
Answer:
Process.
Explanation:
Since Game Play sells gaming systems and allows customers to mix-and-match individual components when placing a system order. A process facility layout would best serve Game Play's production needs.
A process facility layout can be defined as the strategic approach or plan which typically involves having the workflow around the production unit.
Generally, in a process facility layout, employees who are having similar job functions or roles are usually grouped together and as such productions are done in phases.
<em>Hence, a customer with preferences to individual components would use a process facility layout. </em>
