Answer: $480
Explanation:
The net cash inflow from operating activities on Packard's statement of cash flows for Year 2 will be calculated thus:
Revenue earned = $1000
Less : Expenses paid = ($520)
Operating cashflow = $480 inflow
The net cash inflow from operating activities on Packard's statement of cash flows for Year 2 will be $480.
Answer is : legal title
The factor which determines whether or not goods should be included in a physical count of inventory is:
a. legal title.
b. whether or not the purchase price has been paid.
c. management's judgment.
d. physical possession.
a. legal title
I don’t know for sure so check on google or quiz let
