Answer:
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Explanation:
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Organizations often have different operations. The starting point for preparing the operating activities section using the indirect method is Net income.
- Net income is simply known to be the gross profit and removing all other expenses, costs and any other income and revenue sources that are not included in gross income.
A lot of other costs is often removed from gross to make it be at net income. They include interest on debt, taxes, and operating expenses or overhead costs.
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True or false: Control involves developing goals and preparing various budgets to achieve those goals. True false question. <u>False</u>
<h3>What is goal?</h3>
A goal is a vision for the future or a desired outcome that an individual or group of individuals commits to envisioning, planning, and achieving. By creating deadlines, people attempt to accomplish goals within a certain amount of time.
A goal is akin to a purpose or aim, the anticipated outcome that directs behavior, or an end, which is a thing, whether it be a tangible thing or an abstract thing, that has inherent value.
To learn more about goal from the given:
brainly.com/question/1512442\
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Answer:
Alma would have $ 4,269.61 for her trip in four years' time
Explanation:
The amount she would have for her trip in four years' time can be computed using the future value formula which is given as:
FV=PV*(1+r/t)^N*t
PV is the amount she has today which is $3,500
r is the rate of return the credit union offered her,that 5%
t is the number of times in a year the interest is compounded which is 4
N is the number of years the investment would last which is 4 years
FV=$3,500*(1+5%/4)^4*4
FV=$3,500*(1+1.25%)^16
FV=$3,500*(1.0125)^16
FV=$3,500*1.219889548
FV=$4,269.61
Alma would have $ 4,269.61 for her trip in four years if the $3,500 is invested at 5% compounded quarterly
Answer:
$52,800
Explanation:
The computation of the increase or decrease in net income is shown below:
Particulars Reject Accept net income or decrease
Revenue
(6,000 × $30) $198,000 $198,000
Less:
Cost
($6,600 × ($21 + $1) $145,200 -$145,200
Net $52,800 $52,800
Since the amount comes in positive so the spcial order should be accepted
