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vfiekz [6]
4 years ago
8

Hampton Company reports the following information for its recent calendar year.

Business
1 answer:
romanna [79]4 years ago
4 0

Answer:

Cash Flow from Operating Activities

Net Income                                                          $24,000

Adjustments for Non-Cash items :

Depreciation expense                                         $12,000

Adjustments for Changes in Working Capital :

Increase in Accounts receivable                       ($10,000)

Decrease in Inventory                                         $16,000

Increase in Salaries payable                                 $1,000

Net Cash from Operating Activities                   $43,000

Explanation:

The Indirect method reconciles the Operating Profit to Operating Cash Flow by adjusting the Operating Cash flow with the following items :

  1. Non-cash items previously deducted or added to Operating Profit.
  2. Changes in Working Capital.
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Answer:

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Explanation:

To begin with, the fact that some employees will find the seminars very rich in terms of learning more and therefore to increase their knowledge will stimulate the feeling of self improvement and growth not just in the company but also in their professional careers and that is why they will be more motivated at the time of doing their job but they would obviously feel dissatisfied if the pay is not worthy enough for them or even more if their ideas were not valued as they expected them to be and as the company said to them that will be.

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A company invests $1 million to clear land and plant pine trees. The trees will mature in 10 years and the company expects to se
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3 years ago
The government of Diamza recently passed a law making it mandatory for any foreign company that wants to do business in its coun
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Answer:

Police uncertainty

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Valentina invested $6500 in a savings accoint with a yearly interest rate of 4% for 7 years. How much simple interest did she ea
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3 years ago
. As a wholesaler of all kinds of paper supplies, Ajay owns a paper mart in Chawri Bazar, in Delhi. He meets the demands of the
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Answer:

A Wholesaler and Retailers

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2. Undertaking advertisement and other sales promotional activities to the benefit of retailers.

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4. Providing marketing guidance to retailers.

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2. Helps the manufacturers to distribute their goods.

Explanation:

As a wholesaler, the business acts as the middleman between the paper manufacturers and the retailers.  The wholesaler purchases paper in bulk from the manufacturers, thereby encouraging them to produce more.  He enables retailers, who are at the grassroots, to gain access to a variety of the manufacturers' products at small quantities.  He also helps in the distribution of goods.

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