Answer:
The net cash flow of the year amounts to $32,000
Explanation:
The net cash flow of the year is computed as:
Net cash flow = Net income + Depreciation
= $7,000 + $25,000
= $32,000
Where
Net Income is computed as:
Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense
= $300,000 - $170,000 - $25,000 - $95,000 - $3,000
= $7,000
Answer:
A. NRV is the estimated selling price after processing the product beyond the split-off point.
Explanation: Net realisable revenue is a term used in inventory management or in accounting to refer to the amount of cash expected front the sale of an asset or an inventory after subtracting the total cost associated with the disposal (sale) of that asset or inventory from the total amount received from the buyers of the inventory or the asset. Net realisable revenue can be used to determine the actual net value of an asset.
Delegation of Authority
The delegation of authority is having upper level management funnel tasks and information through their chain. Delegation is assigning someone below them (usually) a task to complete.
Often the delegation of authority looks like this:
Top level management
Middle level employee
Low level employee
Operating level employee
Dogs, cats, horses, cattle. what animals are on the list?
