Answer:
$47,000
Explanation:
Computation for the net cash flows from operating activities using the indirect method.
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income $28,000
Adjustments to reconcile net income to
Net cash provided by operating activities
Depreciation expense $15,000
Increase in Accounts Receivable -$2,500 ($8,000-$10,500)
Decrease in inventory $3,000
($21,000-$18,000)
Increase in accounts payable $5,000
(15000-10000)
Decrease in income taxes payable -$1,500 ($1,000-$2,500)
Net cash flows from operating activities $47,000
Therefore the net cash flows from operating activities using the indirect method is $47,000
The first step must his company take to achieve this goal is: earn profit.
<h3>What is profit?</h3>
Profit is what a person gain from the sell of products after deducting their expenses and other production cost.
In order for the company to achieve their set goals which is to fulfil the economic foundation business they need to first of all earn profits from their business.
Therefore the company needs to earn profit.
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It doesn't take that long to be honest, I got mine in a week
The answer is Perishability. It means that a firm cannot store its service. Service Perishability is used in marketing to describe the way in which service cannot stored in the future. The services in Perishability cannot be saved, resold, stored and return once they have been used.
A fixture is a work-holding or support device used in the manufacturing industry. Fixtures are used to securely locate (position in a specific location or orientation) and support the work, ensuring that all parts produced using the fixture will maintain conformity and interchangeability.