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Tanya [424]
3 years ago
6

The following information to perform the calculations below (using the indirect method).

Business
1 answer:
Liono4ka [1.6K]3 years ago
7 0

Answer: -$556,000

Explanation:

Based on the information given in the question, the the amount of cash used by investing activities would be calculated as:

Purchase of long-term assets -612,000

Add: Sale of long-term investment at cost 56,000

The amount of cash used by investing activities would now be:

= -$612,000 + $56,000

= -$556,000

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Benchmarking involves:
creativ13 [48]

Answer:

1. comparing how different companies perform various value chain activities and then making cross-company comparisons of the costs and effectiveness of these activities.

Explanation:

Benchmarking -

It is the method of comparing the business performance and the process like the cost , time and quality .

Benchmarking is also known as process benchmarking , or , best practice benchmarking .

It is the comparison among various companies , that how the company performs various value chain activities .

Hence , from the question , the correct statement for the given term is ( 1. ) .

5 0
3 years ago
what are the main purposes of a budget? to record the past income and spending. to take a it a student loan from the bank. to pl
Softa [21]
I think its either to balance available resources and expenses or to plan future income and spending
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3 years ago
Annually, Monet Corp. awards each of its employees two weeks of paid vacation, which can be carried over if not used. As of Dece
Zina [86]

Answer:

$20,000

Explanation:

Calculation for the liability that should be reported for vacation pay

Using this formula

Liability=Vacation weeks*Compensation averaged per week for Year 1

Let plug in the formula

Liability=20 weeks × $1,000 per week

Liability = $20,000

Therefore the amount of liability that should be reported for vacation pay will be $20,000

5 0
3 years ago
​India's Current Account. Use the following balance of payments data for India from the​ IMF: LOADING.... What is​ India's balan
s344n2d4d5 [400]

Answer:

  • 2004 ⇒ $2,640 million
  • 2009 ⇒ $12,540 million
  • 2014  ⇒  $18,655 million

Explanation:

2004 balance on services

= Services Credit, (exports) - Services Debit, (imports)

= 38,281 - 35,641

= $2,640 million

2009

= 92,889 - 80,349

= $12,540 million

2014

= 156,252 - 137,597

= $18,655 million

3 0
3 years ago
Which accountants-only tool enables you to categorize a couple of transactions or a large batch of transactions in only a few cl
Paha777 [63]

Answer: Reclassify Transactions

Explanation:

The accountants-only tool that enables one to be able to categorize a couple of transactions or a large batch of transactions in only a few clicks is referred to as the reclassify transactions.

In order to reclassify transactions, one has to find the transactions that the accountant wants to reclassify first, after which the transactions would then be reclassified and then moved.

6 0
3 years ago
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