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stira [4]
3 years ago
14

A certain bookstore chain has two stores, one in San Francisco and one in Los Angeles. It stocks three kinds of books: hardcover

, softcover, and plastic (for infants). At the beginning of January, the central computer showed the following books in stock. Hard Soft Plastic San Francisco 1,000 3,000 6,000 Los Angeles 1,000 6,000 3,000 Its sales in January were as follows: 600 hardcover books, 1,300 softcover books, and 2,000 plastic books sold in San Francisco, and 400 hardcover, 300 softcover, and 500 plastic books sold in Los Angeles. The bookstore chain actually maintained the same sales figures for the first 6 months of the year. Each month, the chain restocked the stores from its warehouse by shipping 500 hardcover, 1,500 softcover, and 1,500 plastic books to San Francisco and 600 hardcover, 600 softcover, and 600 plastic books to Los Angeles. (a) Use matrix operations to determine the total sales over the 6 months, broken down by store and type of book.
Business
1 answer:
Hoochie [10]3 years ago
7 0

Answer:

                           Hard       Soft        Plastic

San Francisco 3,600           7,800       12,000  

Los Angeles  2,400            1,800        3,000

Explanation:

The sales during January were as follows:

                          Hard      Soft          Plastic

San Francisco 600              1,300           2,000  

Los Angeles  400                300              500

If the sales during the next five months were actually the same, then to determine total sales all we have to do is multiply January's sales by 6.

600 x 6 = 3,600         1,300 x 6 = 7,800         2,000 x 6 = 12,000

400 x 6 = 2,400           300 x 6 = 1,800            500 x 6 = 3,000

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Answer:

$325,500

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

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Adjustment made:

Add : Depreciation expense $52,000

Add: Decrease in accounts receivable $5,000

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Add: Increase in accounts payable $14,000

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4 years ago
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3 years ago
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