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gregori [183]
3 years ago
6

Net income for the year for Carrie, Inc. was $750,000, but the statement of cash flows reports that net cash provided by operati

ng activities was $860,000. What might account for the difference?
Business
1 answer:
dybincka [34]3 years ago
3 0

Answer:

The difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

Explanation:

The net cash flow from operating activities is calculated after adding and deducting certain items and adjustments to net income to get operating cash flow.

First of all, the gains or losses from sale of fixed assets are adjusted, losses are added back and gains are deducted, to get income from operations.

All the non cash transactions that is unrealized gains or losses are eliminated.

Depreciation being non cash is added back.

All the changes in working capital is adjusted.

Increase in value of current assets are deducted, decrease in value of current assets are added, increase in current liability is added and decrease in current liabilities is deducted.

Thus, after all these adjustments the cash flow from operating activities is calculated.

In the given instance also, the difference might relate to depreciation, loss on sale of fixed assets, or change in working capital.

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China produces many products at the lowest cost possible, even though Chinese consumers do not desire many of these products (e.
Setler79 [48]

Answer:

Production efficiency.

Explanation:

It's production is efficient because produces products at a lower cost that the competition.

It's not allocative efficiency, because when this happens, production represents costumers preferences.

3 0
3 years ago
Inflation is the result of a combination of factors listed below. select all of the correct answers.
ElenaW [278]
_Award brainliest if helped
Either
Demand for goods increase much too rapid [Demand-pull inflation]
or
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4 0
3 years ago
A ______ partner has responsibility or liability for losses beyond their investment
artcher [175]

Answer:

General partner

Explanation:

In general partnership, have unlimited liabilities. This means their liabilities is not limited to only their investments, hence the term "unlimited liabilities".

General partnership is the most common form of partnership. A general partner has responsibility of the actions of the business and is personally liable for all the business's debts and obligations. In this form of partnership, a partner can be used for the company's debt.

5 0
3 years ago
Read 2 more answers
The invention of what product skyrocketed the popularity of pecan pie?
Nezavi [6.7K]

Answer:

Karo Syrup

Explanation:

Karo Syrup is delicious on Pecan Pie

3 0
3 years ago
Your company is restructuring, and two layers of management have been eliminated. You now report directly to the national sales
7nadin3 [17]

Answer:

A) Flattened management hierarchies

Explanation:

Organizations are usually shaped like pyramids, with the vast majority of the employees being at the bottom of the pyramid, and the number of supervisors and managers shrinking as you go up. Traditional organizations tend to have a lot of management levels and are very tall, while more modern organizations have much fewer management levels and are much shorter and flatter.

In this case, since two management levels have been eliminated, the organizational pyramid is shorter and flatter.

7 0
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