The answer to this is D. Hope this helped :)
The firm is probably at its early stages of development, and is struggling to break even.
Answer:
The correct answer is B
Explanation:
Non-equity strategic alliance is the kind or type of the alliance which is established when two or more companies sign or agree a relationship which is contractual to the pool of their resources as well as capabilities together.
So, in this case, the automobile manufacturer, who decided to work on the low cost fuel, then the domestic automobile company which is grounded in China, willing to partner with the automobile manufacturer. It is an alliance which is non- equity strategy as they pool their capabilities and the resources.
Answer:Cash provided by operating activities= $818,000
Explanation:
Cash Flow from operating activities is the amount of cash generated from the inflows and outflows of the business activities in a company.
Cash Flow from operating activities in 2016
Net income $930,000
Add
Depreciation $104,000
Loss on sale of equipment $ 12,000
Prepaid expenses decrease $ 8,000
Deduct
Accounts receivable increase -$ 60,000
Inventory increase -$160,000
Accounts payable decrease -$16,000
Cash provided by operating activities $818,000