Answer:
$84,500
Explanation:
Data provided as per the question
Net income = $85,000
Depreciation expenses = $1,500
Accounts receivables = $3,000
Increase in accounts payable = $1,000
The computation of amount of cash provided by operating activities is given below:-
Amount of cash provided by operating activities = Net Income + Depreciation expenses - Accounts receivables + Increase in accounts payable
= $85,000 + $1,500 - $3,000 + $1,000
= $84,500
Therefore, for computing the Amount of cash provided by operating activities we simply applied the above formula.
The option that will be best in this scenario would be a <span>Parallel test.
In a parallel test, same input will be entered in two different version of simulation. By doing this, we could create multiple simulations to test several possibilities and reducing the total time needed at the same time. The downside is that this test exposes the tester to a high risk of making a mistake.</span>
Answer:
2.79 quarters, so almost 3 quarters or 9 months
Explanation:
We write the equation, and solve it. To solve for x, as x is an exponent, we must use logarithms.
Answer:
Cost of goods sold= $1,980
Explanation:
Giving the following information:
beginning inventory of 360 units at $11 per unit
February= purchases 530 units at $16 each
October= 320 units at $12 each
Laurel sells 180 units during the year.
The cost of goods sold is calculated using the purchase price of the firsts units incorporated.
Cost of goods sold= 180*11= $1,980
Answer:
The correct answer are B and D
Explanation:
CVP stands for the Cost Volume Profit analysis, which is defined as the situation where the companies evaluate or determine what will happen financially when the selling price varies or change, the costs change or the production volume changes.
The assumptions of the CVP are:
1. Costs are linear and are designated either variable or fixed.
2. The selling price per unit will be constant and will not decrease/ increase grounded on volume.
3. In the case of the firm or business which sells the multiple products, the sales mix will be constant.
