Answer:
The Operating Activities Section of the Statement of Cash Flows, using the indirect method:
Net Income $210
Changes in working capital:
Accounts Receivable -100
Inventory 110
Salaries & Wages Payable 80
Net cash flow from operating $300
Explanation:
In preparing the operating activities section of the Statement of Cash Flows, two methods are used. The direct method and the indirect method.
The indirect method starts with the net income as the base and converts the income into cash flow through the use of adjustments. The net income is first adjusted with non-cash items (such as depreciation expense) as well as non-operating gains and losses. The direct method only takes the operating cash transactions into account to produce the cash flow from operations. However, it is required that the direct method must provide a reconciliation of net income to the net cash provided by operations.
Answer:
To prevent foodborne botulism: Use approved heat processes for commercially and home-canned foods (i.e., pressure-can low-acid foods such as corn or green beans
Explanation:
What are the relative merits of three trade agreements and alliances? WTO governs international trade. NAFTA is with North America. EU is Europe's trading bloc.
Trade agreements are essentially pacts between various countries that allow of trade between them. The trade is constructed and based on setting up tax, tariff and treaty agreements that allow for the participants to have investments within the trade. Two or more countries participate on the terms of their trade agreements which allows them to trade with one another.
Answer:
$81 approx
Explanation:
Contribution margin refers to sales receipts in excess of variable costs incurred. This represents contribution from a product earned which is after variable costs have been incurred.
<u>Product A</u>
Selling price per unit = $88
Variable cost per unit = $38
Contribution per unit = Selling price per unit - Variable cost per unit
Contribution margin per unit = $88 - $38 = $50
Similarly, for <u>product B</u>,
Contribution margin per unit = $143 - $47= $96
<u>Products Weights Contribution Weighted contribution</u>
A 0.32 50 16
B <u>0.68</u> 96 <u>65.28</u>
1.00 81.28
Hence, weighted average contribution margin is $81.28 or $81 approx
The reason that they do this because rotating crops has the
capability of keeping the nitrogen from being depleted in the soil as nitrogen
fixing bacteria are likely to be found in the nodules of the roots of the
soybeans and not on the corn’s roots that makes soybeans the next after the corn
is planted first.
