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NARA [144]
3 years ago
7

Which of the following is a SMART goal for Noah's food drive project?

Business
2 answers:
MAVERICK [17]3 years ago
8 0

It's C. I just took it and it definitely is C

Ber [7]3 years ago
5 0

Answer:

C

Explanation:

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Two methods can be used to construct a statement of cash flows: the direct method and the indirect method. Under the indirect me
Morgarella [4.7K]

Answer:

A. two balance sheets and B. income statement

Explanation:

There are three types of activities in the cash flow statement which are described below:  

1. Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.  

These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income and the loss on sale of assets is added whereas the gain on sale of assets is deducted  

2. Investing activities: It records those activities which include purchase and sale of the long term assets. The purchase is an outflow of cash whereas sale is an inflow of cash

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance. The issue of shares is an inflow of cash whereas redemption and dividend is an outflow of cash.

5 0
3 years ago
Gerald received a one-third capital and profit (loss) interest in XYZ Limited Partnership (LP). In exchange for this interest, G
olchik [2.2K]

Answer:

The appropriate answer is "$9,300".

Explanation:

The given values are:

FMV,

= $31,000

Adjusted basis,

= $15,500

Encumbered mortgage,

= $9,300

Now,

The Gerald's outside basis will be:

= Adjusted \ basis-Encumbered \ mortgage+Share \ of \ mortgage

On substituting the given values, we get

= 15,500 - 9,300+(\frac{9,300}{3})

= 15,500 - 9,300 + 3,100

= 18,600-9,300

= 9,300 ($)

7 0
3 years ago
Western Country Corporation made sales of $ 850 million during 2018. Of this​ amount, Western Country collected cash for $ 710 m
trapecia [35]

Answer:

We have to find Western Country Corporation's net income, and cash balance at the end of 2018.

The answers are:

Net Income = $200 million

Ending cash balance = $100 million

Explanation:

Net income is equal to sales revenue - cost of goods sold - other expenses

Net Income = $850 million - $255 million - 425 million

                   = $200 million

Ending cash balance is equal to beginning cash + cash receipts (inflows) - cash payments (outflows)

Ending cash balance = $85 million + $710 million - $400 million - $285 million

                                   = $110 million

5 0
3 years ago
g The Work in Process Inventory account of a manufacturing company that uses an overhead rate based on direct labor cost has a $
poizon [28]

Answer:

200% of direct labor cost

Explanation:

The computation of the company overhead application rate is shown below;

But before that overhead cost would be determined

GIP = Direct material + Direct labor + Overhead

$4,400 = $2,000 + $800 + Overhead

So,

Overhead = $4,400 - $2,000 - $800

= $1,600

Now the overhead application rate is

= overhead ÷ direct labor cost

= $1,600 ÷ $800 × 100

= 200%

6 0
2 years ago
What is not a potential risk of purchasing a used car?a) used cars can require repairs soonerb) warranties can be very limitedc)
Oksi-84 [34.3K]

used cars can require repairs sooner warranties can be very limited used cars can have lower initial cost unexpected issues may arise

hope this helps <3

4 0
3 years ago
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