Which career is best suited for people who have a high school diploma?

Net income for the year for Carrie, Inc. was $750,000, but the statement of cash flows reports that net cash provided by operati

dybincka [34]

Answer:

The difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

Explanation:

The net cash flow from operating activities is calculated after adding and deducting certain items and adjustments to net income to get operating cash flow.

First of all, the gains or losses from sale of fixed assets are adjusted, losses are added back and gains are deducted, to get income from operations.

All the non cash transactions that is unrealized gains or losses are eliminated.

Depreciation being non cash is added back.

All the changes in working capital is adjusted.

Increase in value of current assets are deducted, decrease in value of current assets are added, increase in current liability is added and decrease in current liabilities is deducted.

Thus, after all these adjustments the cash flow from operating activities is calculated.

In the given instance also, the difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

3 0

3 years ago

During its first year of operations, the McCormick Company incurred the following manufacturing costs: Direct materials, $6 per

kupik [55]

Answer:

$192,000

Explanation:

Calculation for What is the value of ending inventory under variable costing

Using this formula

Value of ending inventory =[(Direct materials+Direct labor+Variable overhead+(Fixed overhead/Units produced)×Ending units in inventory]

Let plug in the formula

Value of ending inventory=[($6+ $4+ $5 + ($234,000/26,000 units) ×8,000 units]

Value of ending inventory= ($15 units+$9 units)×8,000 units

Value of ending inventory=$24 per units×8,000 units

Value of ending inventory = $192,000

Therefore the value of ending inventory under variable costing will be $192,000

8 0

2 years ago

When a firm has flotation costs equal to 6.8 percent of the funding need, project analysts should:?

Akimi4 [234]

When a firm has flotation costs equal to 6.8 percent of the funding need, project analysts should increase the initial project cost by dividing that cost by (1-0.068). The flotation cost is the cost which emerge when a corporation gather its fund by issuing new securities. Underwriting fees, legal fees, registration fees are the common fees that will increase corporate's expense when they issue securities. Therefore, we can consider those fees as a flotation cost.

3 0

3 years ago

Burglar Bob breaks into Vince Victim’s house. Bob steals a flat-screen television and laptop and does a significant amount of da

SVEN [57.7K]

Answer:

The answers are:

Vince Victim´s lawyer
Burglar Bob will have to pay a monetary compensation.
The District Attorney
Burglar Bob will have to spend some time in jail.

Explanation:

Vince Victim´s lawyer is responsible for bringing the civil case against Burglar Bob. If Vince wins, then Burglar Bob will probably have to pay a certain amount of money to Vince Victim in compensation for the damages he caused.

The District Attorney´s office is responsible for bringing the criminal case against Burglar Bob. If the jury finds Burglar Bob guilty then he will probably spend some time in jail.

5 0

3 years ago

________ involves defining the firm's marketing mix variables so that target customers have a clear, distinctive, desirable unde

ivann1987 [24]

Answer: Positioning

Explanation: Positioning is a marketing strategy which is aimed at defining a brand's quality and offering in a distinctive manner. Positioning is used to set the boundary and establish the differences in the offerings and services by a firm which sets it apart from that offered by competing firms producing similar products or rendering similar services. Positioning defines the stand of a company's product or services in relation to that it's competitors by stating unique offerings of the firm's product. Therefore, giving customers a distinctive knowledge or understanding of the product from that of its competitors.

3 0

3 years ago