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4 years ago

A(n) __________ is a supply chain whose members act like a unified system.'

1 answer:

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A vertical marketing system, a type of supply chain in which the individuals go about as a bound together framework, and there are three sorts: directed, legally binding, and corporate. One of the most common vertical marketing systems is the franchise.

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Which cash flows should be included in the Investing Section of the statement of cash flows under US GAAP?

Andrej [43]

Under US GAAP, the cash flows that should be included in the Investing Section of the Statement of Cash Flows are purchases of physical assets, investments in securities, or the sale of securities or assets.

This implies that US GAAP does not allow interest paid or received and dividends received to be classified under the Investing Section, unlike IFRS that gives entities the flexibility to classify the above items as either investing or financing activities.

Instead, the US GAAP requires that the above items are classified as operating cash flows.

Thus, the only cash flows that are included in the Investing Section of the statement of cash flows under US GAAP are cash flows (inflows and outflows) related to long-term physical assets and investments.

Learn more about the Investing Section of the statement of cash flows under US GAAP here: brainly.com/question/18568838

3 0

3 years ago

If no page number or paragraph number is available when directly quoting from an electronic source, then the heading or section

pishuonlain [190]

Answer:

a. True

Explanation:

Plagiarism can be defined as the act of representing or using an author's work, ideas, thoughts, language, or expressions without their consent, acknowledgement or authorization.

This ultimately implies that, plagiarism is an illegal act of presenting another author's intellectual work or copyrighted items by using their ideas, thoughts, language or expressions, word for word without authorization or permission from the original author.

The four (4) common types of plagiarism are;

1. Copy and paste: this typically involves copying another author's work word for word and pasting it as yours without proper citation or reference with quotation marks.

2. Improper citation : this involves an author failing to provide an in-text reference or citation of the original author appropriately.

3. Find and replace: this typically involves an author finding some words to change (replace) in the original literary work.

4. Fabrication: this occur when an author makes up unverified or false data to use in his or her literary work.

Attribution can be defined as a process which typically involves the citation (reference) of an original source of information such as a quote, paraphrase or summary, using the author's full name and job title or position as the case may be.

Furthermore, if there is no page number or paragraph number when directly quoting from an electronic source, then one is permitted to use the heading or section name along with the number of the paragraph within that section.

6 0

3 years ago

why might a company decide to outsource (i.e., buy) a product that they currently make in their company-owned operations?

mestny [16]

Companies outsource to save costs or improve the value of their goods. There are several options when deciding whether to outsource a business' operations or production.

The use of outsourcing has increased as a way for businesses to cut expenses and concentrate on what they do best. A business precise known as outsourcing involves a corporation hiring a third party to carry out duties, manage operations, or offer services on their behalf.

Reduce and manage operating expenses. Enhance the company's focus. liberate internal resources for fresh endeavors. Increase output for some time-consuming tasks for which the organization may lack the resources.

The finest examples of outsourcing include website creation, office and warehouse cleaning, and advertising.

To learn more about outsourcing

brainly.com/question/14202035

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3 0

2 years ago

Quick Ratio EVANS and Sons, Inc. Income Statement (in millions)

Arlecino [84]

Answer:

0.3793; 0.3333

Explanation:

Quick ratio for 2018 :

= (Cash + Account receivable) ÷ Current liabilities

= ($300 + $800) ÷ $2,900

= $1,100 ÷ $2,900

= 0.3793

Quick ratio for 2019 :

= (Cash + Account receivable) ÷ Current liabilities

= ($100 + $900) ÷ $3,000

= $1,000 ÷ $3,000

= 0.3333

Therefore, the quick ratio for Evans & Sons, Inc., for 2018 and 2019 are 0.3793 and 0.3333, respectively.

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3 years ago

The following is a partial trial balance for General Lighting Corporation as of December 31, 2018: Account Title Debits Credits

stepladder [879]

Answer:

1. Net income is $441,000; and Earnings per share (EPS) is $1.47 per share.

2. Net income is $441,000; and Earnings per share (EPS) is $1.47 per share.

Explanation:

Note: This question is not complete and the data in its are merged together. See the attached pdf file for thee complete question with the sorted data.

The explanations of the answers are provided as follows:

1. Prepare a single-step income statement for 2013, including EPS disclosures. (Round EPS answers to 2 decimal places.)

Note: See part 1 of the attached excel file for the single-step income statement.

A single-step income statement refers to an income statement that reports the revenue, expenses and the profit or loss of a company by using only one equation to determine profits.

The equation of the single-step income statement can be written as follows:

Net Income = (Revenues + Gains) - (Expenses + Losses)

In the part 1 of the excel file, we have:

Net income = $441,000

Earnings per share (EPS) = Net income / Number of common shares outstanding = $441,000 / 300,000 = $1.47 per share

2. Prepare a multiple-step income statement for 2013, including EPS disclosures. (Round EPS answers to 2 decimal places.)

Note: See part 2 of the attached excel file for the multiple-step income statement.

A multi-step income statement refers to an income statement that reports the revenue, expenses and the profit or loss of a company by using multiple equations to determine profits.

These equations are given as follows:

Gross Profit = Net Sales – Cost of Goods Sold

Operating Income = Gross Profit - Operating Expense

Net Income = Operating Income + Other income (loss)

In the part 2 of the excel file, we have:

Net income = $441,000

Earnings per share (EPS) = Net income / Number of common shares outstanding = $441,000 / 300,000 = $1.47 per share

Download xlsx

6 0

3 years ago