Answer:
Gutierrez Company
Cash Flow statement
for the year 2017
$
Net Income 225,000
+ Depreciation 45,000
+ Decrease in receivable 15,000
+ Increase in payable 17,000
+ Decrease in prepaid expenses <u> 4,000 </u>
Net cash flow from operating activities <u>306,000</u>
Explanation:
Depreciation is an non cash expense so it will be added to the net profit for the calculation of cash flow from operating activities. Decrease in receivable, Increase in payable and decrease in prepaid expenses result in the inflow of cash. So, they are all added in the operating income value.
Answer:
False
Explanation:
The interview process may or may not end depending on the type of interview conducted by the organization.
If it is on-spot offer: On-spot offer, interview the candidates and provide a spot offer and even do verification on the same day.
If it is walk-in: It depends on the process that the organization has planned each time. Mostly there will be multiple rounds, each will be conducted in one day depending on the strength of the candidate.
Job fairs: It is possible only to conduct the initial round. So it does not end in one day.
Answer:
75%
Explanation:
Since the production center is available for 8 hours per day in a factory, and the worker operating it is required to lubricate these rotary parts once each day.
If it takes 2 hours to remove these parts from the equipment, lubricate them, and re-assemble them and the production center is not available for production during these times;
Then the availability of the production center is 75% which is derived by : [8 hours total - 2 hours downtime / 8 hours total availability] x 100 = 75%
Answer:
$15.34
Explanation:
The formula and the computation of the predetermined overhead rate is shown be
Predeterminer overhead rate = Manufacturing overhead ÷ direct labor hours
where,
Manufacturing overhead is
= $359,860 + $8,300
= $368,160
And, the direct labor hours is 24,000
So, the predetermined overhead rate is
= $368,160 ÷ 24,000
= $15.34
