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Blizzard [7]
3 years ago
14

Assume the indirect method is used to compute net cash flows from operating activities. For this item extracted from the financi

al statements—Interest Income (assume that cash received is equal to amount reported)—indicate the effect on net income in arriving at net cash flows from operating activities by choosing one of the following:
Add to net income to arrive at net cash flows from operating activities.
Subtract from net income to arrive at net cash flows from operating activities.
Not used to adjust net income to calculate net cash flows from operating activities.
Business
1 answer:
Arte-miy333 [17]3 years ago
3 0

Answer:

Explanation: Subtract from net income to arrive at net cash flows from operating activities.

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Camper's Edge Factory produces two products: canopies and tents. The total factory overhead is budgeted at $750,000 for the year
Pavel [41]

Answer:

Camper's Edge Factory

Departments                                  Cutting             Sewing

a. The total number of budgeted

   direct labor hours for the year  60,000            70,000

b. Products                                     Canopy          Tent

   Factory overhead per unit         $17.50            $40

Explanation:

a) Data and Calculations:

Total budgeted factory overhead = $750,000

                                               Canopy        Tent     Total

Direct labor hours  

Cutting                                       2                     1         3

Sewing                                       1                     6         7

Total direct labor hours            3                    7

Budgeted production units 20,000          10,000

Departments                              Cutting                        Sewing

Budgeted factory overhead  $350,000                     $400,000

Direct labor hours:

Canopy                                  40,000 (20,000 * 2)          10,000 (10,000 * 1)

Tent                                       20,000 (20,000 * 1)          60,000 (10,000 * 6)

Total direct labor hours        60,000                              70,000

Overhead allocation rates     $5.833                               $5.714

                         ($350,000/60,000)                              ($400,000/70,000)

Overhead per unit              $17.50 ($5.833 * 3)            $40 ($5.714 * 7)

               

5 0
2 years ago
Leslie has developed a new kind of running shoe, and now she is trying to decide where to sell it. Which of the 4Ps of marketing
Crank
A. Price : hope) ich
6 0
3 years ago
Read 2 more answers
In general, education is correlated to income
liq [111]

Answer:

positively.

Explanation:

The <u><em>correlation </em></u>between education and income is positive a more educated person will always have a better income than one that is not. But along the statistical distribution of this<u><em> correlation</em></u> there are people that <u><em>deviate </em></u>for the curve <u><em>(standar deviation)</em></u>  and even though they are educated they do not earn as much money to others that have the same level of education.

3 0
3 years ago
Read 2 more answers
1. Why might a person assume that Ms. White would be doing well financially?
GuDViN [60]

Answer:

I think you’re a person assumes and Mr. White will be doing well financially is because she is that the one who is teaching people how to financially afford people are going to think she’s doing well financially

Explanation:

It’s really simple she’s doing she’s teaching everybody how to initially a food thing should be good

8 0
3 years ago
All of the following would cause the aggregate demand curve to shift except A. decreased security about jobs and future income.
gregori [183]

Answer:

price level changes

Explanation:

The demand curve refers to a graph that shows the change in the demand for a commodity or service as a result of the change in its price.

The aggregate demand curve is a graph that shows the total quantity of all goods and services demanded by the economy at different prices.

Aggregate demand curve shifts except when price level changes.

5 0
3 years ago
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