Answer:
That as inter-disciplinarians we must often bring out common meanings, making them applicable to different texts and contexts.
Explanation:
To deduce is to reduce the choices of answers. Basically by deducing it means to reach to a common definition of the word efficiency in all the fields, whether it be economists, or biologists or political scientists.
This will ensure easy understanding and easy communication of the term at broader level. This will clearly provide for the better ease in all the fields of work.
As we relate to more than a single branch of knowledge, using a single term with different meaning in different branches turns the situation complex.
Answer:
The correct balance for ending inventory is $390,000.
Explanation:
The first point discussing about the consigned goods requires no adjustment as the goods sent on consignment are reported as part of the consignor's inventory until they are sold and these goods are owned by the consignor In our case Bedrock Company is the consignor thus the amount $72000 of consigned goods which is included in Bedrock's inventory of 412000 is correct.
However, the amount of office supplies worth $22000 will be deducted from the ending inventory balance as this is not an inventory that Bedrock is keeping with the intention to resale. The office supplies are for business's own use thus this will be deducted from inventory amount.
The balance of ending inventory will be,
- 412000 - 22000 = $390,000
Answer:
Borrowed amount = $5417
Explanation:
Discount note = 4%
This means that Kaylee has 100 - 4 = 96% of the borrowed amount at hand
Cash at hand = $5,200
Let the borrowed amount = X
Cash at hand = 96% of X
5200 = (96/100) * X
X = (5200 * 100)/96
X = $5417
Borrowed amount = $5417
Answer:
The Sheen’s cash flows from operating activities is $95 million
Explanation:
Cash flows from operating activities :
The cash flow from operating activities includes all those activities which are of short term period. Like changes in working capital or we can say increase in currents assets or decrease in current assets or increase/decrease in current liabilities.
The increase in current liabilities increase the cash balance, hence it is added and decrease in current liabilities decrease the cash balance. But in the case of current asset, it is opposite.
The depreciation expense and loss on sale of equipment is added. So, we take them in the computation part.
The cash flow from operating activities is equals to
= Net income + depreciation expenses + loss on sale of equipment - increase in accounts receivable + increase in accounts payable - increase in inventory
= $90 + $3 + $2 - $1 + $4 - $3
= $95 million
Hence, the Sheen’s cash flows from operating activities is $95 million
