Answer:
c. recognizes that depreciation creates a cash inflow
Explanation:
The formula to compute the operating cash flow is shown below:
Operating cash flow = Earning before interest and taxes + Depreciation - Income tax expense
Since as we can see that after computing the earning before interest and taxes we added back the depreciation expense and deduct the income tax expense so that the proper value could arrive
Hence, option c is correct
Answer:
A, E
Explanation:
The accounting equation states that Assets is the sum of the company's equity and liabilities where assets are the resources owned by the company. Equity refers to the resource the business owes the owners while liabilities are what the creditors (third parties) are owed by the business or company. These items are the elements that make up a company's balance sheet. For the balance sheet to be balanced;
Asset must equal the total of the liabilities and equity. Hence option A is right as well as E. Option B is not right as there are transactions that may be recorded between some elements of the balance sheet and those of the P/L. For instance, training cost incurred by the business paid with cash is between an asset and an expense. For option C, Revenue - Expense gives profit and not assets. The later part of the option is however true. Option D for the same reason as C is also not true.
Answer:
Leveraging a firm's customers to promote a product or service
Explanation:
Viral promotion can be regarded as
business strategy which are utilized in promoting products/services of a company through existing social networks, it could be achieved by creating videos , photos on social networks and other network, it deals with spreading of information that concern the product. It should be noted that Viral promotion involves leveraging a firm's customers to promote a product or service
Answer: b. $14,000
Explanation:
Taxes are 30%. If the LIFO amount will result in $900 more being paid in taxes then that means that $900 is 30% of the increase in income from LIFO.
Increase is therefore;
900 = x * 30%
x = 900/30%
x = $3,000
Income before tax using LIFO;
= FIFO income + increase in income
= 11,000 + 3,000
= $14,000
Answer:
d. Strategy implementation
Explanation:
Since in the question it is mentioned that the actual production of great quality clothing for the yoga and the sports activities that are related with the yoga should using the best fabrics so here it is an example of strategy implementation as the strategy is implemented to provide the high quality clothing for the yoga purpose
Hence, the correct option is d.
