Answer:
Net Increase in cash = $124,200
Explanation:
Note: The correct value for Year 2021 inventory is $510,300 not $10,300.
Also note: See the attached excel file for the statement of cash flows for 2022.
In the attached excel file, the following workings are used:
Workings:
w.1: Increase in accounts receivable = Account receivable in 2022 - Account receivable in 2021 = $237,600 - $205,200 = $32,400
w.2: Decrease in inventory = Inventory in 2022 - Inventory in 2021 = $450,900 - $510,300 = -$59,400
w.3: Decrease in accounts payable = Accounts receivable 2022 - Accounts receivable 2021 = $105,300 - $116,100 = -$10,800
w.4: Disposal of land = Land in 2021 - Land in 2022 = $270,000 - $216,000 = $54,000
w.5: Purchase of equipment = Equipment in 2022 - Equipment in 2021 = $702,000 - $540,000 = $162,000
Answer:
True
Explanation:
The ISO 9000 management systems helps organize to meet buyers needs within regulation and requirements related to a service. A industry certifications can be used to hire and train workers.
Answer:
Yield with 6-day maturity is 7.70%
Yield with 18-day maturity is 2.57%
Explanation:
The formula for yield on repurchase is given as:
y = ( PAR – P ) / P x (360 / t )
P=Purchase price
PAR=Repurchase price
t= number of days of the transaction
In first scenario,PAR is $39 million,P is $38.95 million and t=6
y=($39000000-38950000)/38950000*(360/6)
y=7.70%
In the second scenario,details remained the same except for t that is 18
y=($39000000-38950000)/38950000*(360/18)
y=2.57%
This implies the longer the maturity the lesser the yield since yield is computed on daily basis.
The rest of it will be: price equals marginal cost. But this indeed is not true. The most accepted idea is that for a monopolistically competitive firm the average revenue and price are the same quantity. Now, when a monopolistically competitive firm is in long-run equilibrium, then the marginal revenue is equal to marginal cost.
The answer is 9%. According to the CBO, defense expenditure
grew 9% yearly on average from fiscal year 2000-2009. Much of the costs for the
conflicts in Iraq and Afghanistan have not been subsidized through regular arrogations
bills, but over emergency supplemental appropriations bills.