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4 years ago

You can assume that all fluids you will reason about in this course are incompressible. what does incompressible mean?

1 answer:

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An incompressible fluid is a fluid that retains the same density and volume regardless of any amount of pressure placed on it; it is not compressible at all.

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Calculating Net Cash Flow from Operating Activities (Indirect Method) Lincoln Company owns no plant assets and reported the foll

qwelly [4]

Answer:

(a) Net Cash flow from operating activities = 115,000

(b) Net Cash flow from operating activities (NCOA) to current liabilities (CL) :

Current liabilities = 22000+9000 = 31000

NCOA to CL = 115,000/31000 = 3.71

Explanation:

Income Statement

Sales 750,000

Cost of Goods sold (470,000)

Gross profit 280,000

Wages expenses (110,000)

Rent expenses (42,000)

Insurance expenses (15,000)

Net Income 113,000

Cash flow Statement

Net Income 113,000

Cash flow from operating activities :

Increase in Receivables (54,000-49,000) (5,000)

Decrease in Inventories (66,000-60,000) 6,000

Increase in prepaid Insurance (8000-7000) (1000)

Increase in Accounts Payable (22000-18000) 4000

Decrease in wages payable (11000-9000) (2000)

Net increase in cash flow from Operating activities 115,000

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3 years ago

Kurt, who is a divisional manager, continually brags that his division’s required return for its projects is 1 percent lower tha

Viefleur [7K]

Answer:

D. Kurt’s division is less risky than the other divisions.

Explanation:

Based on the information provided within the question it can be said that the most likely reason is that Kurt’s division is less risky than the other divisions. Just as the saying goes "the greater the risk, the greater the reward", the same goes for the opposite, the lower the risk that a division has to undertake the lower the percent for the required return.

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3 years ago

Glenn is the R&D manager with Quick Print Inc. The company is having a problem with one of its most popular copiers jamming.

xeze [42]

Answer:

Problem Analysis

Explanation:

Problem analysis also known as 'root cause' analysis ensures that “root causes,” not just the symptoms of the problem, are identified and subsequently addressed.

This step comes after the problem identification stage of problem solving.

Therefore as stated in the scenario ''When Glenn analyzes the underlying causes of the paper-jam problem, he is performing the function of problem analysis

5 0

4 years ago

Which category (or type) of consumer products are: (1) relatively expensive, (2) infrequently purchased, and (3) buyers are will

artcher [175]

Answer:

consumer products provided are categorized thus:

(1) relatively expensive: a computer system

(2) infrequently purchased: A car

(3) buyers are willing to expend considerable effort in planning and making purchases: A house

Explanation:

Consumer products are defined as products that satisfy a consumer's wants or needs. There can be convenient, affordable as well as expensive and infrequently purchased.

Consumer goods are final goods sold to consumers for use. It is usually not used as means for further economic production activity.

Some consumer goods are durable and can last for up to three years or more while some are perishable with expiry dates and must be consumed within a short pace of time.

Finally, consumer goods can be grouped into different categories based on consumer behavior depending on how frequently they are used.

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3 years ago

The City of West Hutchison is constructing a new road, which it estimates will cost $7.2 million. The city will finance the road

Mice21 [21]

Answer:

Budgetary fund balance reserved for encumbrances (DR) $7,200,000

Encumbrances-Capital Project (CR) $7,200,000

Cash (DR) $1,200,000

Government Grant (CR) $1,200,000

Cash (DR) $6,000,000

Bonds Payable (CR) $6,000,000

Explanation:

1. The Budgetary entry for encumbrance is given as follows :

Budgetary fund balance reserved for encumbrances (DR) $7,200,000

Encumbrances-Capital Project (CR) $7,200,000

2. The government grant received will be recorded as :

Cash (DR) $1,200,000

Government Grant (CR) $1,200,000

3. The Issuance of Bonds needs to be recorded in the journal ledger as :

Cash (DR) $6,000,000

Bonds Payable (CR) $6,000,000

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3 years ago