Answer:
The Net Cash <em>used</em> in Financing activities is $30,800
Explanation:
<em>Step 1 Determine the Movement in Cash during the period.</em>
Movement = Ending Cash Balance - Beginning Cash Balance \
= 18,200 - 11,600
= 6,600 (inflow)
<em>Step 2 Determine the Cash flow in Financing Activities </em>
<u>Cash flow statement for the year</u>
Cash flow from Operating Activities $29,000
Net Cash flow from Investing Activities $ 8,400
Net Cash flow from Financing Activities (Balancing figure) ($30,800)
Movement in Cash during the year $6,600
Therefore, The Net Cash used in Financing activities is $30,800
Answer: 4. Train employees to properly handle the information.
Explanation:
Human Error remains a very viable cause for concern in the protection of confidentiality of intellectual property. After all the non-human related measures have been taken such as using Data Loss Prevention softwares and requiring Authentication from any users accessing the information, there could still be human error from the users who have access to the information such as leaving documents lying around at home or leaving computer screens with confidential information on whilst eating at a cafe.
Indeed, misuse of Confidential information was a very big deal in the US presidential election of 2015.
This is why it is very important that Employees are trained on ways to handle confidential information so that they may be on guard and knowledgeable of ways to preserve the integrity of the confidential information that they hold.
Answer:
A) 30
Explanation:
to determine in how many years the economy will double with an 8% growth rate, we can use the rule of 72. The rule of 72 basically works by dividing 72 by the compounding growth rate to determine the number of years it will take an investment to double.
The rule of 72 works well when growth rate is between 6-10%, at 8% it is quite exact. For lower growth rates you should use the rule of 70 which is basically the same but instead of using 72, you use 70. For growth rates over 10% you should use 69.3.
the number of years for the economy to double = 72/8 = 9 years, so 9 plus 20 = 29 years. Since the question asks at what age the economy should have more than doubled, it would be a little over 29, and in this case it is 30.
You can always check which number is more exact calculating 1.08⁹ = 1.999
Answer:
To find out future needs and trends.
Explanation:
Entrepreneurs use creative thinking to develop and improve businesses by analyzing the future needs and trends that will follow by the people so by knowing future needs and trends, the entrepreneurs started to invest in those needs and products which give him a good profit in the future and in this way the creative mind of Entrepreneurs helps in the generating of employment as well as boosting the economy of the country.
Answer:
$0.70
Explanation:
Given that,
Direct materials costs = $660,000
Direct labor costs = $3,100,000
Factory overhead costs applied = $2,170,000
company's predetermined overhead rate for year 2017:
= Factory overhead costs applied ÷ Direct labor costs
= $2,170,000 ÷ $3,100,000
= $0.70
Therefore, the company's predetermined overhead rate is 0.70
