Answer:
a) cash flow from operating activities
net income $650,000
adjustments:
depreciation expense $96,000
accounts payable $38,000
accounts receivable -$22,800
inventory -$57,000
prepaid insurance -$8,400
net cash flow from operating activities $695,800
b) cash flow from investing activities
Sale of long term investments $57,500
Purchase of long term assets -$610,000
Long term assets exchanged for common stocks $113,000
net cash flow from investing activities -$439,500
Answer:
your answer would be false
hope this helps
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Answer: d. The ongoing need of company managers to react and respond to changing market and competitive conditions
Explanation:
As market changes and becomes more competitive, there is need to ensure that partially finished goods awaiting completion(work in progress) are completed.
I’m pretty sure it c or A
If the assumptions are true, the conclusion relating to the longer time taken to ship the special apparel than the softcover books is correct.
<h3>What is meant by the conclusion?</h3>
The conclusion is a brief summary of any topic without going into the detail of it.
The shipping time taken to deliver the softcover books is 2 days, that is, 1 day more than the shipping time taken to deliver hardcover books. There is a difference of only one day in both the shipping. The time taken by special apparel to ship is longer than the hardcover books which means that time is also greater than softcover books.
Therefore, the provided conclusion statement is correct keeping all the assumptions true.
Learn more about the conclusion in the related link:
brainly.com/question/78686
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