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2 years ago

Stop and Jot: Why was the decision about further funding for the telescope not an "economic

Business

1 answer:

shtirl [24]2 years ago

8 0

Answer:

Because it has no direction

You might be interested in

During which phase of the communication process is it most likely that the entire communication process may repeat? A: feedback

Alexandra [31]

The correct option is A.
Feedback refers to the receiver's response to the message he has received. The receiver may have to write the response down and send it to the sender who read it and interpret the message; thus repeating the whole process of communication again.

8 0

3 years ago

Which of the following is not one of the factors to consider in determining whether a business entity meets the definition of a

alexgriva [62]

2. It engages in business activities from which it may earn revenues and incur expenses.

3 0

3 years ago

How is globalization affecting the hospitality industry? Give specific examples of some of the changes.

ludmilkaskok [199]

globalization affect the hospitality directly by the people coming from different countries . either they get cheaper services or they change some stuff for people because different cultures

4 0

3 years ago

On July 8, a fire destroyed the entire merchandise inventory on hand of Larrenaga Wholesale Corporation. The following informati

rewona [7]

Answer:

$307,390

Explanation:

Given that,

Cost of Goods Available:

= Beginning Inventory + Net Purchases

= $140,000 + $658,000

= $798,000

Cost of goods Sold:

= [(100 - Gross profit ratio) ÷ 100] × Sales

= [(100 - 29) ÷ 100] × $691,000

= $490,610

Ending Inventory:

= Cost of goods available - cost of good sold

= $798,000 - $490,610

= $307,390

6 0

3 years ago

Pharoah Company reported net income of $184,850 for 2017. Pharoah Company also reported depreciation expense of $33,700 and a lo

Dominik [7]

Answer:

$219,700

Explanation:

Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $184,850

Adjustment made:

Add : Depreciation expense $33,700

Add: Loss on the disposal of plant assets $4,690

Less: Increase in accounts receivable -$15,150

Add: Increase in accounts payable $15,640

Less: Increase in prepaid expenses -$4,030

Total of Adjustments $34,850

Net Cash flow from Operating activities $219,700

4 0

3 years ago