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bixtya [17]
3 years ago
10

Ironhorse Tools has used $700,000 from its total annual earnings of $1,650,000 to invest in upgrading its manufacturing faciliti

es. Its accounts receivable from customers is estimated to be $130,000 and accounts payable $75,000. In monetary terms, what would Ironhorse's resource flows be? Group of answer choices
Business
1 answer:
horsena [70]3 years ago
4 0

Answer:

The answer is: $700,000

Explanation:

A company´s resource flows are the amount it reinvests to maintain (or in this case upgrade) or build a resource, for example new machinery or infrastructure renovations.

In this case, Ironhorse Tools spent $700,000 to upgrade its manufacturing facilities.

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As prepaid expenses expire with the passage of time, the correct adjusting entry will be a:
Nonamiya [84]

Answer:

d. debit to an expense account and a credit to an asset account.

Explanation:

When a prepayment is made, the entries recorded are Debit prepaid expense and credit Cash account to recognize the amount prepaid.

As time passes and the expenses are incurred, the entries required are debit expense account and credit prepaid expense (an asset) with the amount of the expense incurred as a result of the passage of time.

4 0
3 years ago
He idea underlying maslow's hierarchy of needs is that the needs at the top of the pyramid must be satisfied before one can conc
lana66690 [7]
True i hope this helps you 
7 0
3 years ago
A manufacturing company has been inspecting units of output from a process. Each product inspected is evaluated on five criteria
laila [671]

Answer:

3,300 defects

Explanation:

If there are 5 defect opportunities per unit, and 2,000 units were inspected, the number of defects per opportunity observed was:

DPO = \frac{33}{5*2,000}\\DPO=0.0033

Therefore, the number of defects per 1 million opportunities (DPMO) is:

DPMO = 0.0033*1,000,000\\DPMO = 3,300

The number of defects per 1 million opportunities (DPMO) for this process is 3,300.

7 0
3 years ago
Net working capital decreases when: A. a dividend is paid to current shareholders. B. a new 3-year loan is obtained with the pro
dsp73

Answer:

A. Dividend is paid to current shareholders.

Explanation:

This is simply said to be the aggregate amount of all current asset and also all current liability of an investment. It is used in measuring the short term liability of a business by subtracting the current liability from the current asset.

In some cases, it can be tagged a company’s current assets, such as cash, accounts receivable, inventories of goods etc. Many companies sum their's by calculating cash plus accounts receivable plus inventories, less accounts payable and less accrued expenses. This is why it is seen to decrease when dividend is paid to current shareholders.

5 0
3 years ago
Which of the following changes would increase structural unemployment? Select one:
Jet001 [13]

Answer:

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

Explanation:

Option D

Increased globalisation that moves the economy from manufacturing based economy to more service-based economy.

As manufacturing will decrease, the number of jobs will decrease drastically because the number of industries will become small.

8 0
2 years ago
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