Answer:
When telling a friend about your new job, how would you describe this company’s operations?
Neither effective nor efficient
Explanation:
The company's operations will be considered effective if they achieve objectives. But they do not produce the desired results because drivers often get the wrong addresses, making freights not to arrive at their destinations. Similarly, the company's operations cannot be described as efficient because trucks go out half full with wrong addresses. This is a waste of time, money, and efforts, and the performance competence of the company is questionable. Efficient operations accomplish results with the least amount of resources. Effective operations achieve desired results successfully.
Answer:
Cost of goods manufactured= $350,700
Cost of goods sold= $372,000
Explanation:
The cost of goods manufactured can be calculated as follows
= Direct materials utilized + factory supplies utilized + direct labor + depreciation on plants + property taxes on plant + work in process. January 1 - work in process December 31
= 129,400 + 27,900 + 114,900 + 63,100 + 19,100 + 13,300 -17,000
= $350,700
The cost of goods sold can be calculated as follows
= finished goods on January 1 + cost of goods manufactured - finished goods on December 31
= 69,700 + 350,700 - 48,400
= $372,000
In
hypothesis testing, one can only positively prove something by disproving the
null hypothesis. I this case, the null hypothesis is that there is no
relationship between eating frozen pizza and dangerous cholesterol levels.
<span> A p
value of a statistical summary (such as the sample mean difference between two
compared groups) indicates the probability that the null hypothesis is true.
Generally, a p value < 0.05 is usually taken to be statistically
significant, i.e. a 5% chance that the null hypothesis is true. In this case,
the relationship was find to be non-significant.</span>
Answer: PDF wont work for me.
Explanation:
Answer:
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $149,000
Adjustment made:
Less: Gain on the sale of land -$12,000
Less: Increase in accounts receivable -$19,000
Less: Increase in inventory -$12,000
Less: Decrease in accounts payable -$39,000
Total of Adjustments -$82,000
Net Cash flow from Operating activities $67,000
