Roselyn's project is in the PLANNING phase of the project management. Project management generally are divided into six stages, which are: definition, initiation, planning, execution, monitoring and control and closure. The project planning stage is the phase in the project life cycle, that involves creating set of plans that will guide the overall execution of the project.
Answer:
a.used net cash of $17,000.
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net loss -$6,000
Adjustment made:
Add : Depreciation expense $12,000
Less: Increase in accounts receivable -$15,000
Add: Decrease in merchandise inventory $12,000
Less: Decrease in accounts payable -$20,000
Total of Adjustments -$11,000
Net Cash flow from Operating activities -$17,000
Answer:
the unit cost of producing 2,000 cell phones per day would be lower than the unit cost of producing 1,000 units per day.
Explanation:
The costs of producing the 2000 units per day will be lower due to the following reason:
<em>Economies of scale.</em> The company will enjoy the benefits associated with large scale productions. When purchasing raw materials, the company will be a position to bargain for better discounts. The production cost is spread among finished products. A large production keeps the cost per item low.
<em>Some fixed costs may not change</em>. By adding a new plant, the company will increase production activities. Variable costs will increase, but some fixed costs are likely to remain the same. Administrative cost, top management salaries will not be affected. It means a larger number of finished used will absorb the fixed cost.
<em>Efficient machines</em>: The company has invested in new and more efficient machines. Efficiency implies the use of less labor, less power, and faster production. The result is a lower cost of production.
Answer: good guy-bad guy routine
Explanation:
The win-lose strategy that is adopted by the sales team of Purge Purifying Systems is the Good Guy/Bad Guy technique.
The Good Guy-Bad Guy routine refers to a strategy whereby while one person pretends to be on the side of the customer and helps make a deal, the other one doesn't and makes negotiation difficult. The idea behind this is for the prospect or the customer to accept the deal of the good guy. This is the strategy used by Alex and Monroe.
Answer:
The answers are,
For A. It's the revenue recognition principle in which revenue is recognised when it is earned, now when the cash is realized.
For B. Its the matching concept in which all expenses related with earnings are debited against it to find the profit or loss.
For C. It's full disclosure principle in which all events in material nature has to be disclosed. We can say that going concern effects this as well, as if any event affect the continuity of an entity, it has to be disclosed as well.
For D. It's the historical cost principle in which you account the assets and expenses at the price you paid for them. When the value increases over time, you can reevaluate and adjust it.
Explanation:
