Answer:
Purchases in August = $30000
Explanation:
Cost of golds sold = opening inventory + purchases - closing inventory
Purchase therefore would be
Purchases = cost of goods sold(COS) + closing inventory - opening inventory
Opening inventory in August = Closing inventory for July i.e (20%× august):
= 20% × 28,000 = 5600
Closing inventory in August = 20%× September COS
= 20%× 38,000 = 7600
Purchases in August
= 28,000+7600 - 5600
= $30000
Answer:
Subtract operating costs, calculate taxes off of that number, and then add them back.
Explanation:
The computation of the operating cash flow is shown below:
= Earning before interest and taxes + Depreciation - Income tax expense
where,
Earning before interest and taxes = Sales - cost of good sold - depreciation expense
While calculating the incremental cash flows we deduct the operating cost, depreciation, tax expense and then added back the depreciation expense as it is a non cash expense
Answer:
a. Import more bushels of wheat from Mexico
Explanation:
When the real exchange rate is higher than one, a country is likely to import more, since goods are cheaper in the other country than locally. In this example, a bushel of wheat, in the US, costs $6.40, while in Mexico, the same product costs:
Therefore, the US will Import more bushels of wheat from Mexico.
The general journal entries that Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.
Based on the information given since Alicia Tax Services paid the amount of $690 to settle an account payable which means that the appropriate journal entry to record the transaction will be:
Debit Accounts payable $690
Credit Cash $690
(To record account payable)
Inconclusion the general journal entries that Alicia Tax Services will make to record this transaction is :Debit Accounts payable, $690; credit Cash, $690.
Learn more about account payable here:brainly.com/question/1347024
Answer:
Correct Answer:
d) The company's strategic intent, the type of competitive strategy it is employing, the company's code of ethics, and the company's approach to compensating and rewarding employees
Explanation:
This is not something to look to in order to identify features of a company's corporate culture.<em> This is because, their competitive strategies it employs in business could vary from their culture due to the nature of the business they are engaged in.</em>
