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sleet_krkn [62]
4 years ago
7

Problem 12-7A Prepare a Statement of Cash Flows [LO12-1, LO12-2]

Business
1 answer:
brilliants [131]4 years ago
7 0

Answer:Weaver Company

Comparative Balance Sheet

December 31, 2015 and 2014

2015 2014

 Assets    

 Cash $ 7     $ 11    

 Accounts receivable  308      230    

 

Explanation:

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Emma is a marketing manager at a multinational corporation. She gets anxious when her job gets stressful, and she tends to get a
Lilit [14]

Answer:

Emotionally unstable

Explanation:

Emotionally unstable is also acknowledged as the BPD (which is termed as Borderline Personality Disorder), which is defined as the mental illness classifies through a long term pattern of unstable relationships.

So, in this case the marketing manager, working at the corporation, gets stressful as well as anxious and annoyed when the job become hectic. Therefore, in personalities context, she could be defined as being emotionally unstable.

8 0
3 years ago
Read 2 more answers
In the financial statement audit of a nonpublic company, the auditor decides to perform tests of the controls related to the occ
fredd [130]

Answer:

3) Control risk is assessed at below the maximum.

Explanation:

When the control risks are assessed at below the maximum it means that the controls are effective regarding the prevention and detection of misstatements in the financial statements.

So if the auditor wants to test the controls, it means that he/she wants to verify the operating effectiveness of the controls.  

In other words, apparently the controls show that there are no misstatements regarding the sales transactions, so the auditor wants to check how efficient the controls are.

5 0
3 years ago
A local supermarket sells a popular brand of shampoo at a fairly steady rate of 380 bottles per month. The cost of each bottle t
zimovet [89]

Answer:

annual demand = 380 * 12 = 4,560

order cost = $8.50

annual holding cost = $0.45 * 25% = $0.1125

EOQ = √[(2 * 4,560 * $8.50) / $0.1125] = 830.10 ≈ 830 units

time between placement of orders = 830 units / 4,560 units = 0.182 years = 2.18 months

reorder point = 4,560 units * 2/12 (lead time) = 760 units

A new order should be placed when the inventory level is 760 units

3 0
3 years ago
The manager of the Petroco Service Station wants to forecast the demand for unleaded gasoline next month so that the proper numb
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4 years ago
2. QuickDraw performs drafting services for local builders. At the end of its first year of operations, QuickDraw had performed
Step2247 [10]

Answer:

$3,500 and deferred tax liability

Explanation:

The computation of the deferred tax is shown below:

= Service performed × tax rate

where,

Service performed is $10,000

And, the tax rate is 35%

Now placing the values

The amount of deferred tax is

= $10,000 × 35%

= $3,500

This amount reflect the deferred tax liability

We simply multiplied the service performed amount with the tax rate so that the deferred tax could come

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