Answer:
C) $370,000
Explanation:
sales expressed in thousands of $
Month total sales collected in collected in collected
current m. 70% next m. 25% 2 m. 5%
Jan. 600 420
Feb. 700 490 150
Mar. 500 350 175 30
Apr. 300 <u>210</u> <u>125</u> <u>35</u>
May 75 25
June 15
total cash collection in April = $210,000 + $125,000 + $35,000 = $370,000
Answer:
(i) $224,000; $224,000
(ii) 1.81; 1.71
Explanation:
(i) Working capital
Before issue of note = Total current assets - Total current liability
= $500,500 - $276,500
= $224,000
After issue of note:
= [Total current assets + cash] - [Total current liability + short-term note]
= [$500,500 + $41,200] - [$276,500 + $41,200]
= $541,700 - $317,700
= $224,000
(ii) Current ratio
Before issue of note:
= Total current assets ÷ Total current liability
= $500,500 ÷ $276,500
= 1.81
After issue of note:
= [Total current assets + cash] ÷ [Total current liability + short-term note]
= [$500,500 + $41,200] ÷ [$276,500 + $41,200]
= $541,700 ÷ $317,700
= 1.71
Answer:
The correct answer is activity map.
Explanation:
The map of processes or activities is the graphic representation, that is, the diagram, of the interrelation between all processes and subprocesses of the company. That said, it may seem easy to perform, but the truth is that it is usually an arduous task that involves the different departments of the company.
The objective of this map is to know in a very detailed and deep way the workings of the processes and activities in which the company is involved. It is usually done by a team with people in charge of all departments, who are in charge of identifying the processes, both the main and the secondary ones. In fact, three large groups of organizational processes are often differentiated: strategic, operational and supportive.
Answer:
B. Upward distortion
Explanation:
Based on the information provided within the question it can be said that this seems to be an example of upward distortion. In the context of business, this refers to when a lower employee fails to, or is hesitant to communicate negative information to his/her superiors due to the consequences. Which is what Enrique is doing in this scenario.
Total assets: $3,450
Total liabilities and equity: $3,450
Explanation:
Cash: $2635
Equipment: $815
Total assets: $3,450
Accounts Payable: $185
Owner's Equity: $3,450 - $185 = $3,265
Total liabilities and equity: $3,450