Answer:
Statement of Cash Flows
Cash from operating activities
Net Income $24,000
Adjustments to reconcile net income with
net cash flow from operating activities:
Depreciation 12,000
Increase in accounts receivable (10,000)
Decrease in inventory 16,000
Salaries payable increase <u> 1,000 $19,000</u>
Net cash flow : Operating activities $43,000
Alicia’s views are similar to symbolic interactionists. Symbolic interactionism is a sociological theory that states that how an individual engages with symbols explain the behavior that they are exhibiting.
This perspective believes that how an individual interacts with other individual in a group explains best the structure that underlies the group itself. We can see that Alicia subscribes to this point-of-view from how she believes that an employee’s understanding of a situation reflects how she or her engages with other members’ of the company.
If the required rate of return is 10%, then the 2-year annuity factor can be calculated as<u> 1.7355.</u>
<h3>What is the 2-year annuity factor?</h3>
The 2-year present value annuity factor can be found by using the formula for the present value of an annuity.
This is:
= Amount x ( 1 - (1 + rate) ^ - number of periods ) / rate
Replace the amount with 1 when calculating for factor:
= 1 x ( 1 - (1 + 10%)⁻²) / 10%
= 1 x 0.173553719 / 10%
= 1.7355
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Answer:
Margin of safety = 3190.922902 units rounded off to 3191 units
Explanation:
Margin of safety is the cushion or extra number of units that the business sells over the break even point in units. The break even point is the point where total revenue equals total cost and the business earns no profit or no loss. To calculate the margin of safety in units, we deduct the break even number of units from the budgeted number of units or sales.
Margin of safety = Budgeted units - Break even number of units
First we need to calculate the break even in units. The formula for break even in units is,
Break even in units = Fixed cost / (Selling price per unit - Variable cost per unit)
Break even in units = 9376 / (6.74 - 2.33)
Break even in units = 2126.077098 rounded off to 2126 units
Margin of safety = 5317 - 2126.077098
Margin of safety = 3190.922902 units rounded off to 3191 units
Answer:
Economic profit= $24,740
Explanation:
Giving the following information:
Jane grows apples on land she inherited from her grandmother. She incurs explicit costs of $200 for the trees and $60 for fertilizers. The market price of apples is $36 per box. At this price, Jane produces 1,500 boxes of apple.
Suppose her land is worth $9,000 and her labor is worth
$20,000.
Sales= 54,000
Fixed costs= 260
Opportunity cost= 29,000
Economic profit= $24,740