Answer:
The Net cash is 436.000
Explanation:
To get net cash flow using the indirect method we must make adjustments to the net income.
It depends on the account if it is added or subtracted to net income
In this case,
Net income 400.000
Adjustment to reconcile the net income to cash
- Accounts receivable increase (40.000)
+ Depreciation expense 80.000
+ Prepaid expenses decrease 12.000
- Gain on sale of machinery (20.000)
+ Accounts payable increase 6.000
- Wages payable decrease (2.000)
Net cash 436.000
Answer:
a. Who are we? Who will we become?
Explanation:
In Business management, a strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
Business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan. The components of a business strategy includes the following;
I. Value.
II. Vision.
III. Mission.
A mission statement is typically a description of the overall goal or purpose for which an organization was established and what it hopes to achieve in the future.
Hence, the question of Who are we? and Who will we become? describes the mission of an organization.
The second one is the answer
The value added lead time is 38 minutes. It takes 24 minutes to assemble the rugs and 14 minutes to cut them, the total time is 38 minutes. The value added lead time is the time spent on all value adding activitie. In this case, the value activities are those that help produce the product being sold because they are adding value to the product.
