Answer:
the operating cash flow is $17,820
Explanation:
The computation of the operating cash flow is shown below;
Annual depreciation = $87,000 ÷5
= $17,400
Now
Operating cash flow is
= (sales - cash costs - depreciation) × (1 - tax rate) + depreciation expense
= ($75,000 - $57,000 - $17,400) × (1 - 0.3) + $17,400
= $420 + $17,400
= $17,820
hence, the operating cash flow is $17,820
Answer:
c.Payment of freight costs for goods shipped to a customer
Explanation:
In the inventory account management using the perpetual system, whenever there is an event that may result in a change in the carrying value of inventory, the quantity of the change is immediately determined and adjusting entries are posted.
Examples of such events include purchase of merchandise inventory, return of merchandise inventory to the supplier, .Payment of freight costs for goods received from a supplier (this forms part of the cost of inventory).
From the options given, the only entry that will not result in an adjustment to inventory is c.Payment of freight costs for goods shipped to a customer. This will form part of the selling and distribution cost under operating expenses.
Answer:
a. the portion of its marginal cost curve that lies above the AVC
Explanation:
In short run, a perfectly competitive produces as long as its price is above its AVC, so revenues can cover total variable cost. If price is below AVC, the firm has to shut down. Since such a firm maximizes profit by equating Price with MC, this condition means that firm's supply curve is its MC curve lying above the (minimum point of) AVC curve.
We might expect revenue will rise given that Phoenix is a large city.
<h3>What is a revenue?</h3>
This refers to the income generated from normal business operations which are calculated by average sales price * the number of units sold
Because Phoenix Suns decide to increase their ticket prices for next season, then, we might expect revenue will rise given that Phoenix is a large city.
Therefore, the Option B is correct.
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Answer:
The correct answer is C
Explanation:
Money is the term which is described as something which serves as exchange medium, store of value and a unit of accounting. It is a exchange medium in the terms, that the person will agree to receive it by making a transaction.
In short, when depositing the money into any financial institution like banks, then this states the store of value function of the money.
Therefore, the one which is not the function of money is that it has the operations in the open market.
