Answer:
a. The change in Accounts Receivable is added to net income; the change in Inventory is added to net income.
Explanation:
Operating activities: It includes those transactions which affect the working capital . The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added to the net income
These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income
Answer:
B) 1. and 2.
Explanation:
Both variable costing and absorption costing are affected by fixed costs (both manufacturing overhead and administrative overhead) and contribution margin per unit.
Cost absorption costs are also affected by production levels and the denominator level chosen to set the fixed manufacturing cost rate.
Answer:
b. 11.87%
Explanation:
interest = $102,000*11%*8/12
= $7480
Effective interest rate = ($7480/($102000 - $7480))*12/8
= ($7480/94520)*12/8
= 11.87%
The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry its expressly designated powers under the Tenth Amendment, all other powers are expressly reserved to <u>the states</u>.
<u>Option: B</u>
<u>Explanation:</u>
The given points are showcasing the federal power, which act as rights within a federal government structure that are totally or conditionally excluded from the operation of each representative political entity. That is, either a local political entity can never practice such powers, or can do so only with the federal government's permission.
The United States' 10th Amendment Constitution interprets that the powers not granted by the Constitution to the United States, nor forbidden by it to the States, are secured for the States, or the individual, accordingly. This Amendment was adopted in 1791, incorporates Federalism's basic values in a parliamentary system of Government.
Answer:
<em>a. planning</em>
Explanation:
<em>St. Claire heads of the department are involved in </em>planning<em>, there are no evidence for this. </em>
Because planning is something to make a strategy to do some activity with a particular team or group.
<em>They are just setting few goals and motivating there employees and workers and comparing the outcome with original goal that was set. So this is the proof that they were not involved in planning.</em>