Answer and Explanation:
The computation is shown below;
The net profit margin is
= Net income ÷ sales revenue
= $184,000 ÷ $574,000
= 32%
The asset turnover is
= Sales revenue ÷ average of assets
= $574,000 ÷ ($2,142,000 + $1,998,000) ÷ 2
= $574,000 ÷ $2,070,000
= 0.28 times
c. The return on assets is
= Net income ÷ average of assets
= $184,000 ÷ $2,070,000
= 0.089
= 8.89%
Not positive, but I would put "influencer" because he is helping with a decision.
This is false. When inflation happens, prices go up in the economy.
Answer:
Cash provided by operating activities is 89.000
Explanation:
The indirect method involves the adjustment of net income with changes in balance sheet accounts to arrive at the amount of cash generated by operating activities.
It depends on the account if it is added or subtracted to net income. Below you will find the added account with a plus (+) and the subtracted ones with a minus (-)
Notice the amounts of any decreases are in parentheses.
Net income 65.000
Adjustment to reconcile the net income to cash
+ Depreciation expense 8.000
+ Current assets decrease 7.000
+ Current liabilities increase 9.000
Net cash 89.000
That is false. The worker can have what ever diet they think is best for them