Businesses are necessary to hire, organize, and supply workers.
Answer:
Statement of Cash Flows
Cash from operating activities
Net Income $24,000
Adjustments to reconcile net income with
net cash flow from operating activities:
Depreciation 12,000
Increase in accounts receivable (10,000)
Decrease in inventory 16,000
Salaries payable increase <u> 1,000 $19,000</u>
Net cash flow : Operating activities $43,000
<span>Decentralization Organizations</span>
Answer:
12.5%
Explanation:
Accounting rate of return = (Net Income / Equipment cost) * 100
Accounting rate of return = ($6000/$48000)*100
Accounting rate of return = 0.125 * 100
Accounting rate of return = 12.5%
So, the estimated accounting rate of return is 12.5%.
This is not a good investment and Charles should hold his plan of selling his bicycle Beijing and in China. For example, if Charles sold his bicycle horn for $3.00, this would need a 6.42*3 which is equal to 19.26 Chinese yuan.
