1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sidana [21]
3 years ago
12

Presented below is the operating activities section of the statement of cash flows for Golden Consulting for 2016:

Business
1 answer:
dimaraw [331]3 years ago
6 0

Answer:

b. The indirect method

Explanation:

The Operating Activity Section Calculates the Net Cash flow from Operating Activities. It can be prepared in only two methods according to IAS 7.The methods are Indirect Method, Direct Method

Indirect Method Reconciles the Net Income for the Year to the Net Cash  flow from Operating Activities after adjustments of Non- Cash flow Items, and Adjustments for Working Capital Movements.

Direct Method focuses on the Cash Inflows and Outflows related to the Operating activities to Calculate the Net Cash  flow from Operating Activities.These Cash flows results from Receipts from Customers and Payments made to Suppliers and Employees

You might be interested in
A company can expect to receive which benefits when it uses a budgeting​ process?
yaroslaw [1]

Available Options:

a) The budget helps motivate employees to achieve sales growth and cost-reduction goals.

b) The budget provides managers with a benchmark against which to compare actual results for performance evaluation.

c) The planning required to develop the budget helps managers foresee and avoid potential problems before they occur.

d) All of the above.

Answer:

Option D. All of the above.

Explanation:

The reason is that when budgets are set every personnel in the organization is given a task along with the restriction on the use of excessive resources of the company by generating a standard number of output, which is benefitial to the company and the managers as well.

Furthermore, standard costs are used in budgeting to estimate the costs of the operations of the company which means that the standard cost would be used for actual units to compare the actual results to make meaningful conclusions.

At the end, the main benefit of the budgeting is that it highlights the potential issues in the operating systems of the organization which must be corrected to avoid the same advers outcome in the future.

So all of the statements are correct.

5 0
3 years ago
Lillian Fok is president of Lakefront​ Manufacturing, a producer of bicycle tires. Fok makes 1 comma 000 tires per day with the
solniwko [45]

Answer:

Labor productivity= 2.35 tires per hour of work

Explanation:

Giving the following information:

Fok makes 1,000 tires per day with the following​ resources: ​

Labor: 425 hours per day ​at $12.50 per hour.

The labor productivity is calculated based on the number of units made divided by the amounts of hours required:

Labor productivity= 1,000/425= 2.35 tires per hour of work

8 0
3 years ago
Standard Hours Allowed; Flexible Budgeting; Multiple Products (LO 11-1, 11-2) Evening Star, Inc. produces binoculars of two qual
Lady_Fox [76]

Answer:

8,100 hours

Explanation:

The computation of standard hours is shown below:-

Total standard hours allowed = (Field models × Field models hours) + (professional binoculars × Professional binoculars hours)

= (950 × 3) + (1,050 × 5)

= 2,850 + 5,250

= 8,100 hours

Therefore for computing the total standard hours allowed we simply applied the above formula.

6 0
3 years ago
Question in picture.
jonny [76]
I believe it’s 4 since you have to go to class and introduce yourself to the teachers so he/she will know you better and know how they can help you and when going to their office hours they can help you with anything that you are having trouble with.
5 0
3 years ago
The primary purpose of an ethics audit is to ____.
il63 [147K]

Answer:

c. evaluate a company's ethical culture

Explanation:

Ethics auditing is used to systematically evaluate an organization's effectiveness when it comes to performance ethics and programs. This will determine both the internal and external impacts of ethical performance. It also helps in identifying the problems and  risks  in outgoing activities. This way the company can take necessary measures to correct, adjust or eliminate  any ethical concerns that may arise.

4 0
3 years ago
Other questions:
  • What is the name of the technique used to open the airway of an unresponsive not-breathing guest?
    15·2 answers
  • Jagadison Co. leases computer equipment to customers under sales-type leases. The equipment has no residual value at the end of
    7·1 answer
  • Hardy Company is a wholesale electronics distributor. On December 31, 2008, it prepared the following partial income statement:
    8·1 answer
  • Tracy Company, a manufacturer of air conditioners, sold 270 units to Thomas Company on November 17, 2021. The units have a list
    7·1 answer
  • Red Co. had the following transactions through December 31: Cash proceeds from the sale of investment in Gold Co. stock $ 15,000
    9·1 answer
  • According to the CME Group, the market price of the E-mini futures is $2,939.25. Each futures contract delivers 50 times the ind
    13·1 answer
  • Workers typically get dirty if they work at a job site for
    8·2 answers
  • True or false: A potential consequence of an incentive system for factory workers is that workers who are rewarded solely on out
    13·1 answer
  • 1. Read the following data regarding payroll deductions, and answer the questions that follow:
    10·1 answer
  • When accounting for a long-term construction contract under IFRS, if the percentage-of-completion method is not appropriate, the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!