Answer:
$62 million
Explanation:
Adjustments for non-cash effects:
= Amortization expense - Gain on the sale of land
= $2 million - $1 million
= $1 million
Changes in operating assets and liabilities:
= Decrease in accounts receivable - Decrease in accounts payable + Decrease in inventory
= $2 million - $5 million + $4 million
= $1 million
Net cash flows from operating activities:
= Net income + Adjustments for non-cash effects + Changes in operating assets and liabilities
= $60 million + $1 million + $1 million
= $62 million
Answer:
The correct answer is command economy.
Explanation:
The planned or centralized economy is one in which the key questions of the economy about what, how and for whom to produce are resolved directly by the State.
The planned economy has as its main objective the equal distribution of income. For this, the State must intervene in the economy and take charge of the tasks of distribution of resources. They require the replacement of private property by the collective in the means of production, exchange and distribution. It is a type of economic system contrary to capitalism or market economy.
Answer:
a. Manpower staffing
Explanation:
Project management can be defined as the process of designing, planning, developing, leading and execution of a project plan or activities using a set of skills, tools, knowledge, techniques and experience to achieve the set goals and objectives of creating a unique product or service.
Enterprise project management (EPM) can be defined as a strategic process which typically involves managing various projects on a large scale.
Some of the processes integrated into an enterprise project management methodology include the following;
I. Total quality management: it is a management framework that is focused on achieving long-term success through the satisfaction of your customers by the efforts of all the member of staff in an organization.
II. Scope change management: it involves defining what the objective and goal of a project is.
III. Risk management: it can be defined as the process of identifying, evaluating, analyzing and controlling potential threats or risks present in a business as an obstacle to its capital, revenues and profits.
Answer:
b. Budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.
Explanation:
Since, the total purchases in units means the number of units that the company needs to buy after maintaining the necessary closing inventory to meet the budgeted sales. The total units required should therefore be equal to the total of the budgeted sales units and the units for the closing of inventory.
Also, if the opening inventory exists out of the total units required, then that number of merchandise does not need to be purchased as it already exists.
Therefore to reach the required purchase unit we need to add budgeted unit sales and desired merchandise ending inventory and deduct the beginning merchandise inventory.
So, the correct option is b.
Answer:
Reorder point = (weekly demand * lead time) + (Z * standard deviation * √lead time) = (294 * 10) + (2.326 * 90 * √10) = 2,940 + 661.99 = 3,602 units
Old safety stock = Z * standard deviation * √lead time = 662 units
new safety stock = 331
331 = Z * 90 * √10
Z = 331 / 284.60 = 1.163
Using Normal distribution function, the new confidence interval is 87.76%