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3 years ago

When you exchange documents with your co-workers through organization-approved methods, this is considered __________?

Business

1 answer:

valentinak56 [21]3 years ago

3 0

When you exchange documents with your co-workers through organization-approved methods, this is considered workflow.

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During 2019 the Barker Company had a net income of $75,000. Below is information taken from Barker’s last two balance sheets: 20

Kitty [74]

Answer:

cash provided by operating activities 84,000

Explanation:

net income 75,000

Adjustment (A)

gain on land (500)

depreciation 1,500

Adjusted net income 76,000

Change in working capital

↑account receivable (3,000) (B)

↓long term AR 10,000 (C)

↑Account payable 1,000 (D)

Net changes 8,000

cash provided by operating activities 84,000

<u>Notes:</u>

(A)

The net income may have non-monetary term, we need to remove those to get and adjusted net income on a cash basis

the gain on land is not a monetary term. We will record the proceeds in cash for the sale under investment activities, not operating as the business is not selling land every year.

depreciation is an accounting metric, is not an actual expense, it doesn't involve cash.

(B)

the increasein the Ar means more sales were not collected therefore, less cash collected.

(C)

the decrease in the long term AR represent the collection, so it increases the cash

(D)

the increase in account payable represent the delay of payment, so company has more cash available.

7 0

3 years ago

How can technology affect a monopoly?

Charra [1.4K]

Price, Supply and Demand. Amonopoly's potential to raise prices indefinitely is its most critical detriment to consumers.

3 0

3 years ago

Power deriving from one's personal attraction is called ______ power.

Oksanka [162]

The correct answer to the question is (B) referent power.

Referent power refers to <u>a type of power that a person attains through his or her interpersonal relationship skills</u>.

Though personalized power seems like an answer it is actually not, it is a type of motive that a person has for power. Legitimate, reward, and coercive all stem from external sources, and thus they do not fit the description in the question.

5 0

3 years ago

Product Y sells for $15 per unit, and has variable expenses of $9 per unit. Fixed expenses total $300,000 per year. How many uni

netineya [11]

Answer:

b. 65,000 units

Explanation:

The number of units of products y must sell to yield an annual profit of $90,000 is computed as;

Break even point in sales units = (Fixed cost + Targeted profit) / Contribution margin

Given that ;

Fixed cost = $300,000

Targeted profit = $90,000

Contribution margin = $15 - $9 = $6

Therefore,

Break even point in sales units = ($300,000 + $90,000) / $6

= 65,000 units

The number of units of products y must sell to yield an annual profit of $90,000 is 65,000 units.

3 0

3 years ago

reported net income of $22,000 for the current year. During the year, Inventory decreased by $7,800, Accounts Payable decreased

Artist 52 [7]

Answer:

$24,800

Explanation:

Indirect method reconciles the Net Income to Operating Cash flow by adjusting for non -cash items previously included in net income and changes in working capital.

Cash flow from Operating Activities

Net income $22,000

Add Depreciation Expense $10,800

Less gain on the sale of equipment was ($500)

Decrease in Inventory $7,800

Decrease in Accounts Payable ($8,400)

Increase in Accounts Receivable ($6,900)

net cash provided operating activities $24,800

Therefore

The net cash provided (used) by operating activities is $24,800

4 0

3 years ago