Answer:
At this point, the managers of UPS are at the First step in the decision-making process, which is Identifying the problem.
Explanation:
The decision-making process consists of evaluating a particular situation, gathering information, developing plans and taking the necessary steps to make good quality decisions and obtain satisfactory results. This process has seven steps:
- Identifying the problem
- Collecting information
- Identifying the alternatives
- Weighing the evidence
- Choosing from alternatives
- Implementing actions
- Evaluating the results
For this particular case, the UPS managers are in the first step of the process. They have <u>identified an issue</u> with their profits <u>and defined a clear path for problem-solving</u>, which is increasing the profit via their existing operating income.
Calculation of Total Manufacturing Overhead Costs:
Manufacturing overhead costs are indirect costs incurred in relation to the production.
From the given information manufacturing overhead costs shall include factory Utilities $5,000, Indirect labor $ 25,000, depreciation of production equipment $ 20,000
Hence the Total Manufacturing Overhead Costs shall be (5000+25000+20000)=<u>$50,000</u>
Answer:
$37,000,000
Explanation:
When you are preparing a statement of cash flows, you start with net income and then make all necessary adjustments that include any changes in accounts receivables.
Cash flow from operating activities:
Net income $66,000,000
Adjustments to net income:
Increase in accounts receivable <u>($29,000,000)</u>
Net cash flows from operating activities $37,000,000
Answer: 1) Drawer = B. Writer of the check. A drawer is who signs the check.
2) Drawee = F. payee. The check is in favor of this person.
3) Endorsement = D. transfer the check.
4) Post-dated check = E. future date. It is a check that can be cashed from a future date.
5) Prove cash = C. reconcile the bank statement.
7) Imaged check = A. substitute check.
Answer:
i=4%
Explanation:
this problem is possible to solve applying the principle of future value, keep in mind the next formula:
where FV is future value, PV is the present value, i is the periodic interest rate and n is the number of periods. So applying to this particular problem we have:
the difference here is that we must solve n so we can do:
so i=4%
