Answer:
Answer is B
Explanation:
Cash flow = Net Income + Adjustment for Non-Cash expenses
So we must first calculate the Net Income for the second year using the Profit and Loss Statement format:
Year 2
Revenue $400,000
Less Expenses ($220,500)
Less Depreciation ($ 20,000)
Profit before Tax $159,500
Less Tax ($54,230) {34% of Profit before Tax}
Net Income $105,270
Add Depreciation $20,000
Cashflow $125, 270
{Remember Depreciation is a non cash expense, so we must add it to the Net income to arrive at the cash flow}
(Remember the company expects no change in revenue)
I believe the answer would be C.
Because you are dividing the dining chairs by the number of workers... That would give you the total amount of chairs that each worker assembled. Then you divide that by the 5 days and you would get the number of chairs that each worker assembled each day.
So, the answer would be C
Answer:
It has a greater impact than service industries.
Explanation:
Answer:
D. Manufacturer to wholesaler to consumer
Explanation:
I had the same quiz question and I chose that one. May not be correct though
