Overall improvement of quality.
The goal is to Increase profits by eliminating existing product variability, defects and waste that are undermining customer loyalty.
I found a diagram on google that’s colorful and looks helpful if you’d like to doodle it in your notes ☺️
Answer:
cash provided by operating activities 84,000
Explanation:
net income 75,000
Adjustment (A)
gain on land (500)
depreciation 1,500
Adjusted net income 76,000
Change in working capital
↑account receivable (3,000) (B)
↓long term AR 10,000 (C)
↑Account payable 1,000 (D)
Net changes 8,000
cash provided by operating activities 84,000
<u>Notes:</u>
(A)
The net income may have non-monetary term, we need to remove those to get and adjusted net income on a cash basis
the gain on land is not a monetary term. We will record the proceeds in cash for the sale under investment activities, not operating as the business is not selling land every year.
depreciation is an accounting metric, is not an actual expense, it doesn't involve cash.
(B)
the increasein the Ar means more sales were not collected therefore, less cash collected.
(C)
the decrease in the long term AR represent the collection, so it increases the cash
(D)
the increase in account payable represent the delay of payment, so company has more cash available.
Answer:
d. 1.753 pesos/krone
Explanation:
The computation of the received pesos for exchange is shown below
Received pesos = Exchange value of one U.S dollar for Mexican pesos ÷ Exchange value of one U.S dollar for Mexican pesos
= 10.875 ÷ 6.205
= 1.753 pesos/krone
It shows a relationship between the Exchange value of one U.S dollar for Mexican pesos and the Exchange value of one U.S dollar for Mexican pesos so that per pesos/krone can come
Answer:
✔️Demand Pull Inflation:
1. Too much money chasing too few goods
2. Stiff competition among consumers
✔️Cash Pull Inflation:
1. Increase in cost of production
2. Decrease in supply of goods and services
3. Aim of sellers is to maximize profit
Explanation:
Demand pull inflation is often caused by the increase in the aggregate demand of outputs than an economy can produce as a result of increased government spending, expanding economy and so on.
On the other hand, cash pull inflation is caused by the decrease in aggregate supply of goods and supply as result of increased cost of the factors of production.
Thus, let's match each description to the types of inflation they belong to:
✔️Demand Pull Inflation:
1. Too much money chasing too few goods (excess demand as a result of expanding economy)
2. Stiff competition among consumers (businesses, households, governments and foreign buyers bid prices up and compete to purchase the limited available goods and services)
✔️Cash Pull Inflation:
1. Increase in cost of production (this pushes the cost of goods and services up)
2. Decrease in supply of goods and services (aggregate supply decreases)
3. Aim of sellers is to maximize profit (as production cost increase, sellers would have to increase the price of goods and services in order not to run at a loss).
