Answer:
Yes, firm should consolidate shipment as it give saving of $990.
Explanation:
Given: Three customer order 12000 lbs of coal each.
Cost of individual shipment is $15.75 per 100 lbs
Cost of consolidated shipment is $10.50 per 100 lbs with $300 fees.
Now, lets find out cost for all 3 customer in both the shipment.
Cost of individual shipment= 
= $1890
Next, cost for all three customer´shipment is 
∴ Cost of shipment for three customer through individual shipment is $5670
Cost of consolidated shipment:
Next, cost for all three customer with the $300 fee= 
∴ Cost of shipment for three customer through consolidated shipments is $4680
Saving with consolidated shipment = 
Now, we can say it is profitable for firm to consolidate shipment as it give saving of $990.
Answer:
The net cash flows from operating activities is $54.9 million computed as below:
Explanation:
<u>Hi-Tech Corporation</u>
<u>Cash flows from Operating Activities</u>
Net Income 51.0
Depreciation 4.1
Loss on disposal of equipment 1.9
Increase in receivable (1.1)
Increase in payable 2.1
Increase in inventory <u> (3.1)</u>
Net CF from Operating Activities <u> 54.9</u>
The major is here is that in determining the cash flows from operating activities, the net income is adjusted for the impacts of non cash items by:
- adding back depreciation and/or amortization, loss on sale of fixed assets, increase in provision and impairment of assets (if any),
- deducting gains on sale of fixed assets, decrease in provisions and reversal of impairment of assets.
Thereafter, movement in working capital is considered as follows:
- Deduct Increase/add decrease in current assets (receivables and payable),
- Add increase/less decrease in payable.
The essence of making these adjustments are that they have have inverse relationship between net income computation and cash flows. For example, while depreciation is deducted to arrive at net income, depreciation does not involvement in cash, hence depreciation charge should be added back to arrive at cash flow from operating activities.
Regarding movement in working capital, an increase in receivable means that the reporting entity have sold its goods or services without collection cash, thus tieing down its cash resources. The same can be said of inventory where the increase in inventory means that the entity have let out cash in stocking up inventory thus reducing its cash inflow or increasing its cash outflows. But the reverse is the case when talking about payable, as an increase in payables means that the reporting entity have held back cash it will have used to settle its obligations hence increasing reducing cash outflows or increasing cash inflows.
Answer: False
Explanation:
It is very Impractical to have each person in such a project estimate activity durations at the beginning of the project.
Firstly there are several hundred people involved and it is a very large project, each and every person cannot begin to guess how long activities will take because the plans will have to fit into the next person's plans. It is impractical.
Also, it is a Long Term Project where people will perform different roles over those years. It is impractical for each person to estimate how long their activities will take to complete again because such plans would have to be interwoven with the next person's.
Diagnosis, intervention, and evaluation
