Answer:
$62 million
Explanation:
Adjustments for non-cash effects:
= Amortization expense - Gain on the sale of land
= $2 million - $1 million
= $1 million
Changes in operating assets and liabilities:
= Decrease in accounts receivable - Decrease in accounts payable + Decrease in inventory
= $2 million - $5 million + $4 million
= $1 million
Net cash flows from operating activities:
= Net income + Adjustments for non-cash effects + Changes in operating assets and liabilities
= $60 million + $1 million + $1 million
= $62 million
Answer:
See below
Explanation:
1). Intermittent Expenses
Occur at different times throughout the year and tend to be in large lump sums, like college tuition payments and car repairs.
Although intermittent expenses are irregular (do not occur monthly), the amounts involved are predictable.
2). Variable Expenses
Change in dollar amount every month and include things like utility bills,
gasoline and groceries
variable expenses are the business expenses that change as the production volume changes. Variable expenses are directly related to the output of a business.
3) Fixed expenses
Remain the same from month to months like rent and insurance premiums
Fixed costs are constant. They are not expected to change in the current financial year.
4) Discretionary Expenses
Things you don't necessarily need, like eating
Description costs are unnecessary or non-essintial expenses. A business or household will continue functioning even without the discretionary expenses.
Answer:
Accounts receivable more than 60 days = $39,500
% of accounts receivable = 11.07%
Explanation:
The following table shows the aging schedule-
Customer Amount Owed ($) Age (days)
ABC $47,150 32
DEF 37,500 7
GHI 18,900 14
KLM 72,000 28
NOP 41,450 43
QRS 16,000 11
TUV 84,300 58
WXY 39,500 75
We have to develop a schedule with a 15 days incremental through 60 days. And we show which customers are falling in that category -
0-15 (DEF + GHI + QRS) = $(37,500 + 18,900 + 16,000) = $72,400
16-30 (KLM) = $72,000
31-45 (ABC + NOP) = $(47,150 + 41,450) = $88,600
46-60 (TUV) = $84,300
Over 60 (WXY) = $39,500
Accounts receivable more than 60 days = $39,500
Percentage of Accounts receivable = 
= 11.07%
Answer:
Pulsing
Explanation:
Pulsing is the combination of flighting and persistent booking by utilizing a low promoting level lasting through the year and substantial publicizing during top selling periods.
Product classes that are sold all year yet experience a flood in deals at irregular periods are great possibility for beating.