Answer:
$3,940,000
Explanation:
The cash flow statement categories the company's transactions in a financial period into 3 groups; these are operating, investing and financing.
The net profit/loss, depreciation, changes in current assets (other than cash) and liabilities are considered as operating activities including income taxes.
The sale of assets, interest received, purchase of investments are examples of investing activities while the issuance of stocks, debt principal deduction (loan settlement), issuance of debt securities etc are examples of financing activities.
An increase in assets other than cash is an outflow while an increase in liabilities is an inflow. Depreciation and other non-cash expenses deducted in the income statements are added back while the non-cash income such gain on asset are deducted from net income.
The net cash provided by or (used by) financing activities during 2021
= $2,900,000 - $590,000 + $130,000 + $1,500,000
= $3,940,000
Other transactions are operating and investing activities.
Answer:
The correct answer is c. Controlling scope.
Explanation:
The scope of control is the number of employees that a manager supervises. Companies work to determine the optimal number that managers can monitor while being effective on the job. The more employees a manager supervises, the broader their scope of control. Both a wide and narrow control range have clear advantages.
Managers don't spend all their time supervising employees. Ideally, they should spend most of their work hours doing non-managerial activities. The number of people that each manager can effectively supervise and at the same time complete their work in a timely manner depends on many factors. These include the job types of their subordinates, the type of product produced, the management style of the company, the personalities, and the size of the organization.
Answer:
$18,700
Explanation:
In this question, we applied the accounting equation which is presented below:
Total assets = Total liabilities + shareholder equity
where,
Total assets = Current assets + fixed assets
= $5,900 + $21,200
= $27,100
And, the Total liabilities is $8,400
So, the shareholders' equity would be
= $27,100 - $8,400
= $18,700
Answer:
The correct answer is letter "D": Both B and C.
Explanation:
Policies and procedure compliance imply following the Code of Ethics and good procedures every company establishes to ensure employees are not misusing the resources of the firm to their favor or the favor of other individuals. That code establishes the rules all workers must be committed to at the moment of accepting working by the organization.
Thus, <em>Wilma Robles should report the missing Emerald cards to her immediate supervisor and follow-up on the activities of the employees involved. Besides, all the workers in charge of Emerald cards must receive an assessment on how to use those cards according to the company's guidelines</em>.
Answer:
Ha we can run our business if we have knowledge
and we have the grip on it and first we have to put interest.
