Yes and no, if you are of United States yes, if not No
Answer: Organising
Explanation: Organising in management involves the role a manager plays to ensure that things are working effectively in an organization and that every department in the organization are working at their maximum best. In organising the manager puts everything in place for the smooth running of the organization.
Answer:
8.5
Explanation:
The company interest expense is $26,000
The income tax is $221,000
The net income is $106,100
Therefore the company times interest earned ratio can be calculated as follows
= Income tax/interest expense
= 221,000/ 26,000
= 8.5
Hence the company times interest earned ratio is 8.5
Answer:
$633,000
Explanation:
Calculation to determine net cash provided by operating activities under the indirect method
Using this formula
Net cash provided by operating activities=Net income-(+Increase in accounts receivable)-(-Decrease in inventory )+Increase in accounts payable+Depreciation expense -Gain on sale of land
Let plug in the formula
Net cash provided by operating activities=$460,000 -(+$75,000)-(-$62,000) + $230,000 +$103,000 - $147,000
Net cash provided by operating activities=$633,000
Therefore net cash provided by operating activities under the indirect method is $633,000