Answer:
Indirect method
Explanation:
The indirect method reconciles the <em>Operating income</em> to the <em>Operating cash flow</em> by adjusting the Operating Income by (1) <u>Non-cash items previously added or deducted from Operating Income</u> and (2) <u>adjusting for changes in working capital items.</u>
Answer:
entry shock
Explanation:
In simple words, entry shock refers to the stage in an individuals professional career where he or she might feel confused about his or her work and get concerned with their future. There could be many reasons behind such a scenario.
Some of which is lack of understanding of the practical aspects of the knowledge to be performed, lacking adjustment in the work environment etc. Thus, from the above we can conclude that the given case illustrates entry shock.
The answer is:
a local fresh market
Local fresh market become the number one choice for companies in agriculture, food, and natural sectors to connect with their customers. They usually provide incentives for local fresh markets that are willing to exclusively endorse their products.
a business working with trained animals
Trained animals tend to need specific nutrition provided by companies in food/agriculture so they can grow up having superior intellect and physical strength compared to other animals.
a person buying large quanities of wheat
That person would most likely make large quantity purchases in order to resell the product. Companies in Agriculture and food sectors usually provide discount for such large purchase since the reseller cut down the expense that they need to make to distribute their products to the customers.
Answer:
$2,000
Explanation:
Use the format
Jansen Company’s
Bank reconciliation as of May 31, 2013.
Balance as per Bank Statement
Add Outstanding Checks
Less Unpresented Checks
Balance as per Cash Book
Answer:
B) Net sales will increase.
Explanation:
Net sales = total sales - sales returns and allowances
If the percentage of sales returns and allowances is reduced, then total net sales should increase. E.g. total sales are $100, sales returns and allowances are $4, then net sales = $96. If sales returns and allowances decreases to $2, then net sales will be $98.
Also, if the fee that credit cards charge decreases by 1%, net sales will also increase. Credit card fees decrease total sales, e.g. you sell $50 using credit card and the credit card company charges you $1.50, your total sales will be $48.50, but if the credit card company only charges $1, then total sales will be $49.
