Answer:
B) $114,000
Explanation:
To calculate the operating cash flows using the top down approach we can use the following equation:
operating cash flow = increase in total sales - increase in total expenses - increase in taxes paid
operating cash flow = $975,000 - $848,000 - ($154,000 - $141,000) = $975,000 - $848,000 - $13,000 = $114,000
I didn't include depreciation since it is normally included to calculate the increase in taxes but taxes were already given.
Answer:
Explanation:
Work in process is a term used to describe partially completed goods , that are turned from raw materials to finished goods within a shot space of time. Therefore , to calculate the work in process , every cost incurred in the month of January will be relevant
Workings
Opening inventory of partially completed window = 14,218
Cost to finish 5,247
Cost to complete another 120 windows in January 37,922
Cost to start another 50 windows in January 9,732
Cost of work in process 67,119
Answer: C - Standardization
Explanation: One of the NIMS guiding principle that supports interoperability among multiple organisation is Standardisation.
NIMS consists of a standardised emergency management structure implemented at federal, state and local governments, NGOs and the private sector to respond to demands arising from crisis situations
It fosters interoperability and inter-agency co-operation, providing schemes for management characteristics related to its operations, communication, planning, logistics, finance and administration and intelligence and investigation.
Answer: Yes, because the ETF is worth more than his original investment
Explanation:
From the information given in the question, the average inflation for next 20 years = 3.50%
Amount invested by John = $25,000
Then, the amount in 20 years after the adjustment of inflation will be:
= Amount invested (1+inflation rate)^n
= 25000(1+0.035)^20
= 25000(1.035)^20
= 25000 × 1.9898
= $49745
In this case, the answer is Yes due to the fact that the ETF is worth more than his original investment.
