A firm that possess total asset turnover that is lower than
of the industry standard and their ratio meets the standards of the industry is
called the excessive fixed assets. The excessive fixed assets are the fixed
assets in which the production that the firm owns is not consumed or converted
and they are being done excessively.
Answer:
INDIGO COMPANY
STATEMENT OF CASHFLOWS FOR THE YEAR ENDED DECEMBER 31, 2017
OPERATING ACTIVITIES
Net Income $630,000
Add back :
Depreciation 600,000
Changes in working capital
Inventory 300,000
Account receivable 340,000
Prepaid expenses (150,000)
Account payable (250,000)
Accrued expenses <u>(130,000)</u> <u> 110,000</u>
Cash provided by operationg activities <u> 1,340,000</u>
Explanation:
Answer:
d. is a written promise to pay a specified amount of money at a certain date.
Explanation:
A promissory note, also known as note payable, is a financial instrument used when you borrow or loan money, it establishes the terms and details of the agreement (amounts, interests, late fee, <em>maturity date,</em> etc.). <em>It consists of a written promise where the issuer promises to fulfill the terms and to pay to the payee on the determined date.</em>
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Answer:
B. Strategic alliance
Explanation:
Strategic alliance is the agreement between two or more players (companies) to share resources or knowledge in such a way that it benefits all parties involved.
It is an agreement for cooperation among two or more independent firms to work together to achieve a common goal which is usually profit making. The example asked in the question is a form of strategic outsourcing relationship where the Soccer to the masses shared their products with the Japanese company in exchange for the Japanese company offering manufacturing and wilder distribution of the products.
All parties involved hopes for a synergy where everyone benefits more from the alliance rather than if they stood alone.
Answer:
"so that your employer does not hold out too much or too little in taxes
Explanation:
The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck.