Answer:
Garrett Co. cash flows from operating activities is $61,000.
Explanation:
Garrett Co.
Statement of cash flows (extract)
Net income $56,000
Add Loss on disposal of equipment 5,000
Cash flows from operating activities $61,000
Loss on disposal of the equipment was calculated as Proceeds - net book value, that is $15,000 - $20,000.
Note that purchase of equipment belongs to investing part of the cash flows while proceed from stock issuance and dividend payment belong to financing part of the cash flows
I believe it meant both alien immigrants and non-alien immigrants? Is this the correct context, immigration? Or, does it mean extra-terrestrial life? I would need to see context to know for sure, but I believe it is referencing immigration.
<u>Answer:
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Out of the following positions, the position of the factory supervisor would have a salary or wage that is classified as a factory overhead cost by a baking company.
<u>Explanation:
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- For a baking factory, professionals like a baker, a salesman, or the president of the company are mandatory to have.
- The need for a factory supervisor arises only if it is devised or felt that the employees would not work properly if they are not monitored.
- If such a need is not felt anymore, the salary of the factory supervisor would be considered as an overhead cost by the company.
