Increase and increase. If it’s wrong please let me know!
Answer:
Cash flow provided from operating activities 12,700
Explanation:
Net Income: 10,500
Depreciation expense 5,500 a
Adjusted income 16,000
Change in working capital
↓Account Receivable 3,500 b
↑Inventory (7,500) c
↑Salaries payable 700 d
Total Change in working capital (3,300)
Cash flow provided from operating activities 12,700
<u>Notes:</u>
a The depreciation is a non-monetary concept it has no impact in cash. It is removed.
b The decrease the AR means cash was collected, therefore the cash increase
c The increase in inventory represents cash being used to purchase that inventory. Cash decreased
d the salaries payable represent the delay of cash disbursement, it increases cash.
Answer:
$213,636.36
Explanation:
The fixed cost is usually the same for a range of activity levels while the variable cost changes as the number of units produced or activity level changes.
Given that at a level of 110,000 dog collars, $100,000 are variable costs. Then
Variable cost per dog collar = $100,000/110,000
= $0.91
Fixed cost = $200000 - $100000
= $100,000
Where 125,000 collars are produced,
Total production cost = $100,000 + (125,000 × 0.91)
= $213,636.36
Answer: E. postpone
Explanation:
This method encourages the sales person to push the discussion of certain aspects of the discussion to the end of the discussion.
It is a great way to keep people listening even if they are stuck on a couple of points. You simply tell then that you'll address those objections at the end. It shows that you at the very least acknowledge their objections.
The benefits are that it gives the salesperson more time to talk about the benefits of the products as well as time to think of a worthy response.
Indemnity, Insurable Interest, Utmost Good Faith, Proximate Cause, Subrogation and Contribution.
