Answer:
b. Prestopino had negative net income in the current year
Explanation:
Retained earnings at the end of previous year were $700,000, but retained earnings at the end of current year had declined to $320,000.
• The company does not pay dividends.
• The company's depreciation expense is its only non-cash expense; it has no amortization charges.
• The company has no non-cash revenues.
• The company's net cash flow (NCF) for current year was $150,000.
On the basis of this information, which of the following statements is CORRECT? Prestopino had negative net income in the current year
Prestopino DECPRECIATION expense in the current year was less than $150,000 and Prestopino had postive net income in the currnet year however, this income was less than it was in the previous year income.
Prestopino NCF in the current year must be higher than its NCF in the previous year and it cash on the balance at the end of the year must be lower than the cash it had on the balance sheet at the end of previous year
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The measurement technique breaks down tasks into a series of generic micromotions is predetermined data approach.
Given that the technique breaks down into a series of generic micromotions.
We are required to name the work measurement technique that breaks down tasks into a series of generic micromotions.
The name of the work measurement technique that breaks down tasks into a series of generic micromotions is predetermined data approach.
The predetermined data method basically eliminates the need for time studies altogether. The analyst has to divide each work element into a series of micromotions common to a variety of tasks.
Hence the measurement technique breaks down tasks into a series of generic micromotions is predetermined data approach.
Learn more about measurement technique at brainly.com/question/4905850
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Answer:
The price of the stock is $66.5
Explanation:
The constant growth model of the DDM approach will be used to calculate the price of such a stock today.
The formula for the constant growth model is,
P0 or V = D0*(1+g) / r - g
As the growth rate in the company's dividedn is negative, the growth rate will be -5%.
The price of the stock is,
P0 = 11.9 * ( 1 - 0.05) / 0.12 + 0.05
P0 = $66.5
C. Innovation is the creation of new, original ideas. Inventors are usually described as innovative. New inventions create new markets.
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