Elders reside with those accommodations available to them usually live in a assisted living facility or a nursing home
Answer:
Summarizing; Knowledge worker
Explanation:
Summarizing: It is a financial activity that involve collection of financial data and information to be presented in a specified format as per accounting standard to make it easier to understand and analyse.
Knowledge worker: These are professionals whose job is to innovate, discovering new ideas, analysing information, etc. Thinking is the job requirement for these professionals. Few examples of knowledge worker are Scientists, programmer, architect, accountant, etc. Knowledge worker are different from other worker as they know how to get the task done with easier technique and knowledge.
Answer:
$52,000 Increase
Explanation:
In the cash flow from operating activities only those transactions are listed which involves actual exchange of cash. When a company writes off some of account receivable it has not recorded as bad debt expense. When the company is confirmed about the uncollectible amounts then the company will write off the uncollectible amounts. These will be then adjusted in the net income to calculate net cash flow from operating activities.
Answer:
$49,000 is the amount of cash collection from the credit sales
Explanation:
In this question, we are asked to calculate the amount of cash collections that a company will include in its cash budget for the second month from the credit sales.
To compute this, we need to calculate the percentage of credit sales in the previous month and the amount of credit sales in the present month.
We proceed as follows;
Let’s calculate for the month of the sales; that would be; 60% of $42,000 = 60/100 * 42,000 = $25,200
In the previous month, we have 35/100 * 68,000 = $23,800
We add these values to yield ; 25,200 + 23,800 = $49,000
Answer:
Reverse Logistics
Explanation:
After-sales activities are coined as reverse logistics. More precisely, when the products need to be recycled, refurbished, or reused, it is a reverse logistics system. It is a cost-effective approach to reuse the products again and again. Since HP company has been recycling its product for more than a decade, they are practicing a reverse approach.