Answer:
Roland works as a researcher for his manufacturing firm. He has conducted primary research to collect relevant market research data that will help his firm. He decided to use mathematical and statistical tools to analyze the data because the data is in nature.
Roland is about to analyze primary market research data.
Explanation:
Primary data are always in a state of nature. Primary data are collected by Roland before analysis are from first-hand or primary sources. For Roland to acquire the data, he must use primary research methods like surveys, interviews, or experiments. Because primary data are acquired with the research project in mind and directly from primary sources, they are contrasted with secondary data. Secondary data were acquired by some other researchers and used in their analyses before being collected by another researcher as a basis for research continuation.
Answer:
c. a long-term liability.
Explanation:
Short term liabilities are those liabilities which need to be paid within one year time and Long term liabilities are those liabilities which need to be paid after one year time.
In this question on December 31, Howard Corporation need to pay the principal in 19 years from now, as it it a long period, so amount of principal will be classified as a long-term liability.
A wage is a monetary compensation paid to a worker or an employee for the work done or service provide. In a firm or a factory there are two types of labor namely direct labor and indirect labor. Direct labor are the workers on the production line whose efforts directly produce what the company manufactures while indirect labor are all the other workers such as the watchman or security guard. In this case, the wages of a timekeeper would be classified as indirect labor.
Answer:Cash provided by operating activities= $818,000
Explanation:
Cash Flow from operating activities is the amount of cash generated from the inflows and outflows of the business activities in a company.
Cash Flow from operating activities in 2016
Net income $930,000
Add
Depreciation $104,000
Loss on sale of equipment $ 12,000
Prepaid expenses decrease $ 8,000
Deduct
Accounts receivable increase -$ 60,000
Inventory increase -$160,000
Accounts payable decrease -$16,000
Cash provided by operating activities $818,000
The assets that a company has can be divided into two broad categories which are financial and physical capital. Physical capital refers to the tangible assets that the company possesses such as equipment, inventory, factories, etc which are used for the production of goods and services by the company.
Financial capital refers to the legal ownership of all the physical capital and the monetary value of all the assets that can be liquidated for cash. Examples of financial capital include: shares of stocks, cash in hand, landed properties, etc.
