Answer:
the net cash flows from operating activities were: $163,000.
Explanation:
Prepare the Operating Activities Section of the Cash Flow Statement as follows :
<u>Cash flow from Operating Activities</u>
Net Income ( $860,000 - $740,000) $120,000
<em>Adjustment of Non-cash items :</em>
Depreciation $40,500
<em>Adjustment for Changes in Working Capital items :</em>
Increase in Accounts Receivable ($57,500 - $54,000) ($3,500)
Increase in Accounts Payable ($33,500 - $27,500) $6,000
Net Cash From Operating Activities $163,000
Answer:
B) that is more closely suited to their tastes
Explanation:
In a perfect competition market the products are all similar and homogeneous. Since all suppliers are price takers, they have to produce similar products in order to be able to compete.
In monopolistic competition markets the products offered are different on from another. The products are not homogeneous and sometimes cannot even be considered substitute products.
Therefore there is a chance that a consumer can find more suitable products or services that they like more than others. For example, restaurants are monopolistic competition but you can decide which restaurant you like the most.
Answer:
(a) Multiple-step income statement.
Sales revenue $388,710
Less Sales returns and allowances ($12,620)
Net Sales $376,090
Less Cost of Goods Sold ($215,090)
Gross Profit $161,000
Less Operating Expenses :
<em>Selling and Distribution Expenses :</em>
Freight-out $6,220
Sales discounts $7,240 ($13,460)
<em>Administration Expenses :</em>
Rent expense $31,270
Salaries and wages expense $56,180 ($87,450)
Operating Income / (Loss) $60,090
Explanation:
A multiple-step income statement, shows separately Income derived from Primary Activities of the Company (Operating Income) and the Income that includes Secondary Activities of the Company (Net Income).
Operating Expenses are further categorized under <em>Selling and Distribution Expenses </em>and<em> Administration Expenses.</em>
To avoid overburdening the incident command, resources should not self-dispatch (spontaneously deploy). The answer is True.
Once the risks are figured out then the next step should be finding out if you can get around them, or if you cannot, figure out how to deal with them after you hit them. I think...
