Because, who ever signs a non disclosure form , an employee must not disclose any info. regarding the company they work for, especially in health care...
Answer:
June 30
Explanation:
According to the revenue recognition principle, the transaction should be recorded in the books of accounts when the sale is made. It records that revenue which is earned and the possibility of the receipt of cash should be high.
It records that when the product and services are sold to the customer and in return customer received it. Whether the payment received later but the sale is made.
So, on June 30, the revenue should be recognized.
By definition, if a distribution is skewed to the right, the mean would be higher than the median income. Therefore, 2,502,770 would be the median and 13,224,333 would be the mean.
Answer:
Cash flows from operating activities:
Net income $52,000
Adjustments to net income:
- Depreciation expense $30,000
- Accounts receivable increased by ($25,000)
- Inventories increased by ($5,000)
- Accounts payable decreased by ($18,000) <u>($18,000)</u>
Net cash flow provided by operating activities $34,000