Answer: D. $2870000
Explanation:
Consolidated Assets are the assets that a company owes whether directly or indirectly through a subsidiary which will then be shown on the consolidated balance sheet of the company.
From the information given, the amount of total consolidated net assets will be calculated as:
= ($34000 × 35) + $700,000 + $980,000
= $1,190,000 + $700,000 + $980,000
= $2,870,000
Answer:
22 days
Explanation:
number of activities : 3 ( A,B,C)
connected via : SS and FF combination. days lag on SS and F = 2
Durations : 5,10 and 3
A and B is connected by SS and there is a 2-day lag on the SS connection, this means that B will start 2 days after A have ended
i.e when T = 0 , B will start : 5 +2 = 7 days and end in 17 days
while B and C is connected by FF and there is also a 2-day lag on the FF connection, this means that C will start after B has ended and end in 2 days
i.e when B ends at 17 days ; C starts = 17 + 2 = 19 DAYS
hence the project will end in 19 + 3 = 22 days ( i.e when C ends )
Explain why the cash flow statement prepared using the indirect method does not explicitly report cash outflows during the period of purchases and salaries. and do not report spills.
In most cases, cash flow and net income statements differ due to the time lag between recorded sales and actual payments. The situation is controlled when the billing customer pays cash in the next period.
The main advantage of the indirect cash flow method is that it provides a net income and cash flow adjustment. The indirect method also helps financial statement users to better understand the various relationships between financial statements and is an easy way to prepare cash flow statements.
Which of the following statements is correct when using the indirect method to prepare the cash flow statement? Income from the sale of equipment is added to the net income of the operations section. Losses on land sales are added to the operating section's net income.
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Answer:
c. both techs
Explanation:
Based on the scenario being described within the question it can be said that in this situation both technician A and technician B are correct. The way that the oil pumps are driven off the platform can depend on the specifics of the platform as well as the current situation. Therefore depending on the situation it can be either or, thus making both technicians correct.
1. Getting out of credit card debt.
2. Paying off student loans.