Answer: a. The firm must purchase lumpy assets to achieve the increase in sales.
Explanation:
EvenFlo Pipes needs to sell more pipes in order to see an increase in sales. Assuming they are the producers, they will need to produce more pipes than they have been doing and this will need them to increase their production capacity.
To do so they would have to invest in fixed assets as these are what produce pipes. This is why the firm will have to purchase lumpy assets that will help them produce and sell more pipes.
Answer:
$12,285
Explanation:
Term 1/10, means if the buyer pays the seller within 10 days, the buyer will receive 1% sales discount. However, n/eom means the payment must be paid within a certain number of days of the month according to the agreement.
Accounting explanation:
Here, Merchandise price = $12,000
Sales return = $500
Total Sales = $11,500
Since the invoice is paid within the discount period, and the discount is 1%
Sales Discount = $11,500 x 0.01 = $115
Net Sales = $(11,500 - 115) = $11,385
FOB shipping point means buyer has to pay the freight cost. Therefore,
Total amount of cash to be paid by the customer (or, to be received by the seller) = $11,385 + $900 = $12,285
ANSWER: Such organization is called Cartel.
Explanation: Gogo gas and fab fuels are the few large producers of gasoline in the country. They work together to co-operate the aspects of their market and limit the competition. Under cartel the prices are raised in order to increase the profit and in order to avoid the competition cartel prices can be fixed by and for the members. These associations are independent firms and exerts some traits of monopolistic impact on the sales or production of the commodity. They are organized like OPEC.
Answer:
Net Cash Flows from Operating Activities Using Indirect Method is $71,825
Explanation:
In Cornelius Inc.:
Increase in Accounts receivable = $17,650 - $11,500 = $6,150
Decrease in Inventory = $27,825 - $33,800 = -$5,975
Increase in Accounts payable = $24,600 - $15,900 = $8,700
Cornelius Inc. uses the indirect method.
Net Cash Flows from Operating Activities = Net Income + Depreciation expense - Increase in Accounts receivable + Decrease in Inventory + Increase in Accounts payable = $52,000 + $11,300 - $6,150 + $5,975 + $8,700 = $71,825
Answer:
B. Recovering from the recession.
Explanation: Manufacturing jobs are major facets of the United States of America employment channel as it is known to have employed up to about 12.3millions people as at March 2017.
This is according to the Bereau of statistics, manufacturing helped to build the middle class of the United States of America.
In recent times,the manufacturing sector is recovering from the recession, and has increased and reached an all time high in 2018.