In converting net income to net cash provided (used) by operating activities, under the indirect method:

Classlfylng Items on the Indirect statement of cash flows [10 mln]

il63 [147K]

Answer:

Please see the answers below:

Explanation:

(O+) a. Increase in accounts payable

(F-) b. Payment of dividends

(O-) c. Decrease in accrued liabilities

(F+) d. Issuance of common stock

(O-) e. Gain on sale of building

(O+) f. Loss on sale of land

(O+) g. Depreciation expense

(O-) h. Increase in inventory

(O+) i. Decrease in accounts receivable

(I-) j. Purchase of equipment

3 0

3 years ago

Publisher problem: Full court press inc buts slick paper in 1525 pound rolls for textbook paper. Annual demand is 1800 rolls. Th

larisa86 [58]

Answer:

C. 2.253

Explanation:

The time between orders in WEEKS in a 52 week year can be calculated as follows

DATA

Annual Demand (D) = 1800 rolls

Cost per roll = $900

Annual holding cost (Ch) = 15% of $900 = $135

Ordering cost (Co) =$225

Solution

EOQ = $\sqrt{\frac{2CoD}{Ch} }$

EOQ = $\sqrt{\frac{2x225x1800}{135} }$

EOQ = 78 rolls

Number of orders = 1800/78

Number of orders = 23.077

The time between orders = 52/23.077

The time between orders = 2.253

5 0

4 years ago

The sustainable growth rate is based on the premise that:

gulaghasi [49]

It is based on the premise that the sustainable growth rate is that the debt<span>-equity ratio will be held constant. The sustainable growth rate is the maximum rate of growth of the firm that sustain without having to increase </span><span>financial leverage for outside financing. It is measure of how large the firm and how quickly it can row without borrowing more money.</span>

7 0

3 years ago

when it comes to distribution, what is the least expensive route when getting the product from manufacturer or farmer to the ult

jonny [76]

<h2>The least expensive route is to use "Direct distribution Channel"</h2>

Explanation:

There are two modes where a manufacturer or farmer can reach the product to the customer.

1. Direct channel: This enables the customer to directly buy from the manufacturers.

Example: Online purchase. In this the customer has direct access to the product and orders online. The manufacture has to find a source to deliver the goods to the customer.

Manufacturer should have warehouses, shipping centers, etc to deliver the product.

2. Indirect channel: Relies mainly on intermediaries to perform product distribution to the customers. This includes dealer, sub-dealer and many other to reach the product to the customer.

7 0

3 years ago

On May 7, Keenan Company purchased on account 620 units of raw materials at $21 per unit. During May, raw materials were requisi

a_sh-v [17]

Answer:

Dr Material Inventory $13,020

Cr Trade Payables $13,020

Dr Work In Progress $9,742

Cr Material Inventory $9,742

Explanation:

On 7th May the double entry would be to record the inventory purchases on credit which would increase the inventory by $13,020 (620*21) as under:

Dr Material Inventory $13,020

Cr Trade Payables $13,020

The material sent to production or manufacturing team would be recorded as increase in the work in progress by the value of the material issued which is $9,742 (211*$19 + 273*$21).

Dr Work In Progress $9,742

Cr Material Inventory $9,742

8 0

4 years ago