Answer:
$226,900
Explanation:
Calculation to determine How much cash was provided by operating activities
Using this formula
Operating activities=Net income+Depreciation-Accounts receivable + inventories increased-Prepaid expenses - accounts payable decreased
Let plug in the formula
Operating activities=$212000 + $35500 - $2100 - $7900 + $1900 - $12500
Operating activities =$226,900
Therefore The Amount of cash that was provided by operating activities is $226,900
Procedural rules are contained within documents that are controlled. Therefore, any changes in the rules must follow the correct process. The APA has laid out this process. The rules are first submitted to reviewers and revised according to the comments. When the rules are approved, the document is then updated by the document controller.<span />
Answer:
$92,620
Explanation:
The computation of the amount to be reported as the cost of the land is shown below:
= Cash paid to construct a small office building + demolished cost + attorney fee + real estate broker fee - sale of salvage materials
= $79,340 + $8,250 + $1,630 + $5,080 - $1,680
= $92,620
All that cost which is related to the land is to be recognized.
All other information which is given is not relevant. Hence, ignored it
Answer:
(b) Internal failure costs (d) Prevention cost
Explanation:
(a) External failure costs are those costs incurred due to product failures after they have been sold to customers. These costs include: Legal fees related to customer lawsuits. Loss of future sales from dissatisfied customers.
b) Appraisal costs are a specific category of quality control costs. Companies pay appraisal costs as part of the quality control process to ensure that their products and services meet customer expectations and regulatory requirements. These costs could include expenses for field tests and inspections
(c) Internal failure costs are those costs of quality associated with product failures that are discovered before a product leaves the factory. These failures are discovered through the firm's internal inspection processes.
(d) Prevention costs are those costs incurred to avoid or minimize the number of defects at first place are known as prevention costs. Some examples of prevention costs are improvement of manufacturing processes, workers training, quality engineering, statistical process control
