I think the answer is A. I THINK the answer is A
<span>Business/Financial manager </span>assumes responsibility for monitoring how the contractor is doing in terms of cost, schedule, and technical performance
Before a company start its operation for the year, the executives of that company will determine the budget that seem appropriate for all fo the operations.
The duty of business/financial manager is to make sure that the cost of operations do not exceed that pre-determined budget
Answer:
The answer is $330,000
Explanation:
Cash paid to suppliers is the total amount of cash paid to its creditors.
We can find that through:
Cost of sold
Minus: Decrease in inventory
Plus: Decrease in accounts payable
=Cash paid to suppliers.
Now let's start:
Cost of sold - $450,000
Decrease in inventory - $160,000
Decrease in accounts payable- $40,000
$450,000 - $160,000 + $40,000
=$330,000
Therefore, Cash paid to suppliers is $330,000
When a company exchanges 200 shares of stock worth $20 each for 100 shares worth $40 each, they are using reverse stock split.
A reverse stock split is a corporate action in which a firm or a company reduces the number of shares it has outstanding by a set multiple. For example, if a company announces a reverse stock split of 1:50, this means that once the split occurs investors will receive one share for every 100 shares they own.
