The reduction in inventory value at Murray manufacturing is a source of cash
What is difference between use and source of funds?
A transaction is a use of cash if it requires more cash to be spent on its during the period under review whereas for a source of cash, there would a reduction in its cash usage for the company
In this case, inventory value fell from $100 in 2019 to $75 in 2020, reducing by $25, which means that inventory made use of lesser cash in 2020,releasing $25 for other uses, hence, inventory is a source of cash.
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Answer: The purchase of raw materials on account in a process costing system is recorded with a "C. Debit to Raw Materials Inventory and a credit to Accounts Payable.".
Explanation: The purchase of raw materials must reflect an increase in the inventory of raw materials and an increase in the liability generated by the purchase on account.
Smaller firms are most likely to reorganize into domestic structure plus export department <span>during their internationalization.
When you internationalize you are planning and putting processes together in action. The goal is to implement new products and services to different countries, languages and cultures based. You want your product or service to be able to adapt to it's surroundings based on cultural differences. </span>
Social responsibility
State leaders want the press to serve the goals of the state with some responsibility towards society. Because many a time due to the growing numbers of media houses and the competition from each other the media is going overboard lacking sanity and integrity.
Answer:
A technical school that specializes in computer training.....Hope this helps!
