Answer:
$823,000
Explanation:
To determine the net cash provided by operating activities using the indirect method we can use the following formula:
net cash flow = net income + depreciation expense - accounts receivable increase + inventory decrease - accounts payable decrease
net cash flow = $657,000 + $203,000 - $28,000 + $12,000 - $21,000 = $823,000
If accounts receivable decreased, then it would be added.
If inventories increased, then it would be subtracted.
If accounts payable increased, then it would be added.
Answer:
Net income= $2,328,000
ROA= 12%
ROE= 25.30%
Explanation:
Aquilera incorporation has a sales of $19.4 million
The total assets is $14.4 million
The total debt is $5.2 million
The profit margin is 12%
The net income can be calculated as follows
= profit margin × sales
= 12/100 × 19,400,000
= 0.12 × 19,400,000
= $2,328,000
The ROA can be calculated as follows
= Net income/Average Sales
= 2,328,000/19,400,000
= 0.12 × 100
= 12%
The ROE can be calculated as follows
= Net income/Total equity
Total equity= Total assets - Total debt
= 14,400,000-5,200,000
= 9,200,000
= 2,328,000/9,200,000
= 0.2530 × 100
= 25.30%
Answer:
the contribution to overhead as a percent of sales is 16.16%
Explanation:
The computation of the contribution to overhead as a percent of sales is given below;
Sales $198,000
Less: Cost of goods sold $137,500
Less: Direct Expenses $28,500
Contribution $32,000
Now the percentage should be
= $32,000 ÷ $198,000
= 16.16%
Hence, the contribution to overhead as a percent of sales is 16.16%
Answer:
d. 90,000
Explanation:
Amount received from partnership
2011 2012
operating income 60,000 72,000
(50% of 120,000) (50% 0f 144,000)
guaranteed payments 24,000 36,000
(2,000 × 12) (3,000 × 12)
Total 84,000 108,000
84,000 × 9/12 (from 1 jan 2011 - 30 sept 2011) = 63,000
108,000 × 3/12 (from 1 oct 2011 - 31 dec 2011) = 27,000
Total = 90,000 option d
Answer:
Collier Chemicals is using the findings of 2) Frederick Herzberg to increase worker motivation
Explanation:
Frederick Herzberg developed his two factors theory from Abraham Maslow's hierarchy of needs theory. The two factors theory basically states that employers have a set of factors that make them motivated, and a different set of factors that make them unmotivated, and that both set of factors are independent from each other (hence the name).
In other words, employers may try to motivate employees by following certain actions, but this does not mean that employees will not feel unmotivated everynow and then, because the beliefs, actions and events that lead to lack of motivation are different from those that lead to more motivation.
Among the factors that motivate employees are: self-actualization, task complexity, recognition of achievement, incrased responsability.
In the question, Collier Chemicals is adopting strategies that try to meet these needs.