Answer and Explanation:
The preparation of the schedule to reconcile the net income to net cash flow from operating activities is presented below:
Cash from operating activities
Net income $24
Adjustment to reconcile
Add: Depreciation expense $11.5
Add: Depletion expense $5.4
Less: Gain on sale of Equipment -$17.5
Add: Loss on sale of land $7.3
Less: increase in account receivable ($292.30 - $228) -$64.30
Add: increase in accounts payable ($177.60 - $165) $12.6
Add: increase in salaries payable ($29 - $24) $5
Add: decrease In prepaid insurance ($18.7 - $14.3) $4.4
Add: Decrease in bond discount ($12.3 - $10.4) $1.9
Add: increase in income tax payable ($24 - $12.4) $11.60
net cash flow from operating activities $4.20
The cash outflow represents in a negative sign while the cash inflow represents in a positive sign
Answer:
The cost of underestimating demand is considered a revenue loss that arises due to cancellation of flight costing $125. Hence, cost of underestimating the demand is, 
= $125 .
The cost of overestimating the demand is known as rewards. For example. free round trip ticket worth $250. Hence. cost of overestimating the demand. 
= $250 .
Denote the optimal probability of tickets not being sold by P. The expression is shown below:
P = 0.3333
Hence. the optimal probability that the tickets are not being sold is 0.33.
Apply the formula, NORMSINV (0.3333) in the Excel spreadsheet
The value of z is obtained as -0.4308. The negative value of z indicates that the number of seats to be overbooked must be less than an average of 25.
As per the stated question, an average of 25 customers cancel or do not show for the flight. Also the standard deviation is 15.
Calculate the number of seats by which company SD should overbook the flight.
= Value of z x Standard deviation
= -0.4308 x (15)
= -6.462
Subtract the value. 6 from the average customers that do not show up for the flight.
25 - 6 = 19 seats
Hence, the airlines should overbook the flight by 19 seats .
Answer:
a. 320 units
b. $1,920
Explanation:
EOQ = √ 2 × Annual Demand × Ordering Cost per Order / Holding Cost per unit
= √ (2 × 3,000 units × $102.40 / ($30 × 20%))
= 320 units
total inventory cost = ordering cost + holding cost
= 3,000 units/ 320 units × $102.40 + 320 units/ 2 × ($30 × 20%
= $960 + $960
= $1,920
Answer:
Explanation:
CSR refers to the commitment by a company to practice environmental and social sustainability so as to be good stewards of the environment in which they operate. They relate with sustainability because sustainability describes the ability to maintain various processes and systems overtime. Some companies invest in CSR so as to sustain the profitability of the company.
On the otherhand, CSR differs from sustainability because sustainability is managed by operations and marketing whereas CSR investment is rewarded and mandated by the government.
Futhermore, Sustainability is forward by planning the changes a business might make so as to secure its future while Corporate social responsibility or CSR looks backwards by reporting on what a business has done in the last 12months.
Another difference between CSR and Sustainability is that CSR is about compliance while sustainability is about business.
Finally, CSR is driven by the need to enhance reputation in developed narkets while Sustainability is driven by the need to create opportunities in emerging markets.
