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earnstyle [38]
4 years ago
12

Madison Company issued an interest-bearing note payable with a face amount of $24,000 and a stated interest rate of 8% to the Me

tropolitan Bank on August 1, 2016. The note carried a one-year term. The amount of cash flow from operating activities on the 2016 statement of cash flows would be:
A. $1,920.
B. $800.
C. $24,000.
D. zero
Business
1 answer:
forsale [732]4 years ago
3 0

Answer:

D. zero

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

This transaction does not involve any operating transaction. So, the answer would be zero

You might be interested in
The marginal product of labor is defined as
Alja [10]

Answer:

The correct answer is C. the change in output that a firm produces as a result of hiring one more worker.

Explanation:

The marginal productivity is the variation that the production of a good experiences when increasing a unit of a productive factor of the same, remaining the rest constant.

It is an economic index that is used to express and measure changes in the result of a productive process once the variables that affect it change. That is, the productive factors. This measure expresses the variations and intensity of these in the face of changes in productive elements, thus deciphering the importance of each one of them for the total calculation.

4 0
3 years ago
You have recently been hired as the vice president for human resource in an advertising agency. One problem that has been brough
faltersainse [42]

Explanation:

There are two problems that need to be solved in the scenario above: the increase in team conflicts and the retention of valuable employees who are the cause of conflicts. In these two situations, as recently hired as vice president of human resources for an advertising agency, the ideal would be to try to understand how the people management process that occurred before his arrival at the company was carried out, and from there, find strategies for resolve the two main types of conflicts that occur at the advertising agency.

Some solutions arise from the principle of revising the HR policy and establishing a more direct and facilitated communication with employees, in order to increase the employees' perception of a management focused on the employee's well-being and open to feedbacks.

Another solution for reducing conflicts in teams is the assessment and analysis of the profile of each member individually and in a group, in order to monitor the individual and collective performance of each and define assignments according to their skills, generating greater integration between teams and appreciation of each employee, which increases engagement and motivation at work, reducing conflicts and turnover.

7 0
4 years ago
Andrews Company manufactures a line of office chairs. Each chair takes $14 of direct materials and uses 1.9 direct labor hours a
Sever21 [200]

Answer:

Unitary cost= $49.72

Explanation:

Giving the following information:

Each chair takes $14 of direct materials and uses 1.9 direct labor hours at $16 per direct labor hour. The variable overhead rate is $1.20 per direct labor hour, and the fixed overhead rate is $1.60 per direct labor hour.

The unitary cost under absorption costing is the sum of direct material, direct labor, and total overhead.

Unitary cost= 14 + (1.9*16) + (1.2*1.9) + (1.6*1.9)= $49.72

3 0
3 years ago
When fast food restaurant, tommy's tacos, had poor sales in central city, marketing managers closed one outlet on the east side
maw [93]

These are operational decision specific to market placement. Even though one location was doing poorly, Tommy's hopes to increase sales by opening more locations in a more profitable part of town.

7 0
4 years ago
Nominal gross domestic product (GDP) increased from $15.62 trillion to $16.09 trillion, and the price level increased from 120.0
Vesna [10]

Answer:

2.0 percent

Explanation:

Inflation can be defined as the persistent rise in general price levels.

Inflation can be calculated by determining the change in price levels.

(122.4 / 120 ) - 1 = 0.02 = 2%

I hope my answer helps you

5 0
4 years ago
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