Answer:
$702,000
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
The amount of net cash provided (used) by financing activities should be reported in the statement of cash flows
= -$108,000 + $810,000
= $702,000
Other transactions are either operating or investing activities related.
Answer:
b. Budgeted unit sales - beginning merchandise inventory + desired merchandise ending inventory.
Explanation:
Since, the total purchases in units means the number of units that the company needs to buy after maintaining the necessary closing inventory to meet the budgeted sales. The total units required should therefore be equal to the total of the budgeted sales units and the units for the closing of inventory.
Also, if the opening inventory exists out of the total units required, then that number of merchandise does not need to be purchased as it already exists.
Therefore to reach the required purchase unit we need to add budgeted unit sales and desired merchandise ending inventory and deduct the beginning merchandise inventory.
So, the correct option is b.
Answer: 1) Carol can use the surve results to . identify the building blocks of competitive advantage and develop strategies to use them to increase profitability and in this way try to get the most out of it.
2) Strategically, managers who have identified these advanced factors should <u>take steps to protect these assets, either formally or as a trade secret, optimize the company's use of them and not outsource them to other firms </u>because it is convenient to try that the competition does not find out about the use of this factor of production so that it cannot imitate them and thus be able to gain a greater market share to the competition.
3) The statement "in response to requests from customers for healthier food on the menu, a restaurant tweaks its recipe for its most popular sandwich to remove processed ingredients and replace them with fresh vegetables." describes a strategy that adds value to multiple factors as it goes through several activities in the value chain because the company's decision to use less processed ingredients and more fresh vegetables not only facilitates production but also responds to a customer need, which will value the products even more.
<span>The tax rate of $.0815 in decimal can be expressed as 81.5 mills.
</span>one mill is one thousandth of a currency unit, or 0.001$. So 0.0815 in mills means we have to divide 0.0815 by 0.001
0.0815/0.001 = 81.5
Macroeconomics is important because it allows the public to understand the economy as a whole, fiscal policy and global economic policy.
