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Natasha2012 [34]
2 years ago
11

Zokro, a nongovernmental not-for-profit organization, uses the indirect method to prepare its statement of cash flows. In determ

ining its net cash provided (used) by operating activities, Sokro must add back which of the following to the change in net assets?
A. Purchase of equipment.
B. Payment on long-term debt.
C. Depreciation.
D. Decrease in accounts payable.
Business
1 answer:
USPshnik [31]2 years ago
6 0

Answer:

C. Depreciation

Explanation:

The Indirect method reconciles the Operating income to the Operating Cash flow by adjusting the following items (i) Non -Cash Items previously added or deducted from Operating Profit and (ii) Changed in Working Capital items. From the given options, only depreciation is added back as it was previously deducted from Operating Income.

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The Two Sisters has a return on assets of 9 percent and a dividend payout ratio of 75 percent. What is the internal growth rate
Anettt [7]

The internal growth rate of a firm is best described as the: A. minimum growth rate achievable assuming a 100 percent retention ratio. B. minimum. The tax rate and the dividend payout ratio will be held constant. Current and. The Two Sisters has a 9 percent return on assets and a 75 percent retention ratio.

hope this helps.

7 0
3 years ago
______________ specifies sales revenues and selling distribution and marketing costs.
frez [133]
To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.
3 0
3 years ago
Allocation of resources is inefficient only if:________
weqwewe [10]

Answer:

<em><u> we produce the goods and services that  people value less</u></em>

<em><u>Explanation:</u></em>

<em><u>Remember, </u></em> an inefficient activity is one that<em> fails</em> to achieve maximum productivity with minimum wasted effort.

Let's take for example a mobile producer (manufacturer) decides to allocate its resorces into producing<em> laptops.</em> However, it later determined that the allocated resources were inefficient since most consumers according to a  survey now prefer <em>tablet</em> <em>computers. </em>The company received low sales volume as result.

6 0
3 years ago
Shasta Fixture Company manufactures faucets in a small manufacturing facility. The faucets are made from brass. Manufacturing ha
svet-max [94.6K]

Answer:

Material Price Variance= $ 2850 Unfavorable

Material Quantity Variance=$ 900 unfav

Total direct materials variance $ 3750

Direct Labor Rate  variance= $ 3325 fav

Direct labor time variance= 3200 Unfavorable

Total Direct Labor Cost Variance= 125 fav

Explanation:

Standard wage per hour $20

Standard labor time per faucet 30 min  = 0.5 *5000= 2500 Hrs

Standard number of lbs. of brass 2.5lbs

Standard price per lb. of brass $1.80

Actual price per lb. of brass $1.95

Actual lbs of brass used during the week 13,000 lbs

Number of faucets produced during the week 5,000

Actual wage per hr. $18.75

Actual hrs for the week (70 employees x 38 hours) 2,660

 

Material Price Variance= (Actual Price * Actual Quantity)- (Standard Price * Actual Quantity)

Material Price Variance= ($ 1.95 *13000)-($1.8 *5000*2.5)= ($ 1.95 *13000)-($1.8 *12500)= $ 25350 - $  22500= $ 2850

Material Price Variance= $ 2850 Unfavorable

Material Quantity Variance= (Standard Price * Actual Quantity)-(Standard Price * Standard Quantity)

Material Quantity Variance=($1.8 *13000)-($1.8 *12500)= 23400- 22500

Material Quantity Variance=$ 900 Unfav

Total direct materials variance =Material Price Variance + Material Quantity Variance= 2850 + 900 = $ 3750 Unfav

Direct Labor Rate  variance= (actual hours* actual rate)- (actual hours * standard rate)

Direct Labor Rate  variance=( 2660 *18.75)  - (2660*20)= 49875- 53200

Direct Labor Rate  variance= $ 3325 fav

Direct labor time variance= (actual hours* standard rate)- (standard hours * standard rate)

Direct labor time variance= (2660 *20) -(0.5 * 5000*20)

Direct labor time variance= 53200-50,000

Direct labor time variance= 3200 Unfavorable

Total Direct Labor Cost Variance= Direct Labor Rate  variance + Direct labor time variance= 3325 fav- 3200 unfav= 125 fav

4 0
3 years ago
If
Blababa [14]
Amoreandrusamoreandrus
7 0
3 years ago
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