Because a good strategy coupled with a good strategy execution are the most telling signs of good management and allow a company to be a standout performer in the marketplace
This will allow the company to had a clear path on what needed to be done during the operation and develop
some sort of prediction in order to prepare themselves when they have to face certaionissues
Answer: $88,844
Explanation:
Financing activities relate to those activities that the company gets into in relation to Equity and debt as these are what finance the operation of the business.
Net Cash from Financing activities = Net inflow - Net Outflow
= New Debt Capital - Repaid debt - Treasury stock purchase
= 913,545 - 773,200 - 51,501
= $88,844
Answer:
The correct answer is A
Explanation:
Change in accounting principle is the term which is defined as when the business choose among the GAAP (generally accepted accounting principles) or changes the method with which the principle is used. These principles impact the way or the method used, and then estimates the particular recalculation.
For example, company using the different method of depreciation after the 1st year of operations pr switching among FIFO to LIFO methods of inventory valuation.
So, in this case, the company switch or change the completed contract method to the percentage of completion accounting method. Therefore, the company uses the change in the accounting principle.
Answer:
$7,300,000
Explanation:
The net cash flow also known as the free cash flow is the amount of unused cash inflows of the firm which can be distributed to the providers of funds to the business, common stockholders , and debtholders as shown by the formula below:
net cash flow=net income+ annual depreciation-capital expenditure
The annual depreciation would be added back since it is not cash flow in the actual sense
net income=$8,100,000
capital expenditure=$1,000,000
annual depreciation=capital expenditure/useful life
useful life=5years
annual depreciation=$1,000,000/5
annual depreciation=$200,000
net cash flow=$8,100,000+$200,000-$1,000,000
net cash flow=$7,300,000
