When an industry is a natural monopoly:

The Murdock Corporation reported the following balance sheet data for 2018 and 2017: 2018 2017 Cash $91,805 $30,755 Available-fo

worty [1.4K]

Answer:

net income $63,000

+ depreciation $51,700

- gain on sale of equipment ($1,650)

change in current assets:

- increase in accounts receivables ($13,050)

- increase in inventory ($21,300)

+ decrease in prepaid insurance $630

change in current liabilities:

- decrease in accounts payable ($73,630)

- decrease in salaries payable ($5,800)

- decrease in notes payable ($51,300)

<u>net cash provided by operating activities ($51,400)</u>

Explanation:

2018 2017

Available-for-sale debt securities (not cash equivalents) 22,000 98,000 INVESTING ACTIVITY

Accounts receivable 93,000 79,950 = -13,050

Inventory 178,000 156,700 = -21,300

Prepaid insurance 2,670 3,300 = 630

Land, buildings, and equipment 1,276,000 1,138,000, INVESTING ACTIVITY

Accumulated depreciation 623,000 585,000 = 38,000 + 13,700 = 51,700

Accounts payable $88,040 $161,670 = -73,630

Salaries payable 25,200 31,000 = -5,800

Notes payable (current) 36,700 88,000 = -51,300

Bonds payable 213,000 0 FINANCING ACTIVITY

2) Equipment costing $20,000 with a book value of $6,300 was sold for $7,950 = 13,700 added to accumulated depreciation, -1,650 gain on sale

3 0

3 years ago

Under which circumstances must an employer provide a guardrail?

Arada [10]

Answer:

A, B and D

Explanation:

Under OSHA laws, employers must provide a safe workplace for the employees. All the danger areas must be indicated with either painting or signage. Using guard rails is an excellent way of demarcating danger zones. They keep employees away from dangerous spots. In this case, an employer should use guard rails in the following circumstances.

1.Around every floor hole into which a worker can accidentally walk. The guard rails will form a barrier that will prevent accidental falls into the hole.

2.Around every open-sided platform, floor, or runaway that is 4 feet or higher off the ground or next level. The guard rails form a wall that prevents employees in raised levels from falling to the ground.

3. Regardless of height, if a worker can fall into dangerous machines or equipment. In case of an incident, the guard rails will stop an employee from falling into dangerous machines or equipment.

8 0

4 years ago

company purchased 200 units for $40 each on January 31. It purchased 115 units for $50 each on February 28. It sold 175 units fo

ziro4ka [17]

Answer:

$8150

Explanation:

As the perpetual inventory system used for determining the Cost of Goods Sold is LIFO (lastminus-in, firstminus-out), we should consider that the first goods sold are the ones purchased last. So, from the total of 175 units sold, 115 are the ones purchased later (at a $50 cost) and 60 belong to the units purchased first (at $40 cost).

So to determine the total Cost of Goods Sold is 50*115+60*40= $8150

5 0

3 years ago

Fig Garden is a popular chain of restaurants for authentic Italian food. Recently, a customer found a dead insect in the pasta h

soldi70 [24.7K]

Answer:

B. Crisis management

Explanation:

In this scenario, the CEO of Fig Garden demonstrates crisis management, which is a strategy used by organizations when there is a negative situation that involves the company and can put their credibility at risk with their stakeholders.

In crisis management, there is the development of a plan that seeks to solve and minimize the negative impacts caused by a problem, anticipating solutions and reducing the negative impacts caused in the internal or external environment of the organization. Crisis management is pre-planning that helps companies to act more effectively in business when there is a crisis that they need to deal with quickly.

8 0

3 years ago

In which type of music do we find flatted notes and slow syncopated rhythms

rusak2 [61]

Answer: soon (i'm not sure sorry if i'm wrong)

5 0

3 years ago