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 $82,000
Adjustment made:
Add : Depreciation expense $10,000
Less : Gain on the sale of land ($3,000)
Less: Increase in current assets -$11,000 ($78,000 - $67,000)
Less: Decrease in current liabilities -$1,000 ($43,000 - $44,000)
Total of Adjustments -$5,000
Net Cash flow from Operating activities $77,000
<u>Answer:</u> a. Negative externality
b.Positive externality
c.Positive externality
d.Positive externality
e.Negative externality
<u>Explanation:</u>
Positive externatility are the advantages which the people enjoy apart from the marketplace for which they do not pay any money. Negative externality means negative consequences faced by the people outside due to the activities of the firm.
A.In the scenarios given above when resource are over allocated the public resources are depleted and creates negative externality .
B. Tammy's case by raising garden increases the value of the public property which is positive externality.
C.Market demand is low so prices are low it is positive externality..
D.When resource are under allocated the public resources are not depleted and creates positive externality .
E. Water pollution affects public and creates negative externality . .
Answer:
Analytical reports are written for external audiences; informational reports are written for internal. An informal writing style is appropriate for external reports
Explanation:
Meaning of Informal Writing Style
Colloquial – Informal writing is similar to a spoken conversation. Informal writing may include slang, figures of speech, broken syntax, asides and so on. Informal writing takes a personal tone as if you were speaking directly to your audience (the reader).
I hope that this helps you
Answer:
$252,000
Explanation:
Calculation for the cost of goods sold for the Askew Company for the year ending June 30, 2021.
First step is to calculate the Net Purchase
Purchases 259,000
Less Purchase discounts (7,900)
Less Purchase returns (11,900)
Add Freight-in 20,800
Net purchase 260,000
Now let calculate the cost of goods sold
Inventory, 7/1/2020 33,900
Add 260,000
Less inventory balance ($41,900)
Cost of goods sold $252,000
Therefore the cost of goods sold for the Askew Company for the year ending June 30, 2021 will be $252,000
