Answer:
$125,000
Explanation:
Given
net income = $115,000
Decrease in accounts receivable = $40,000
Payment of interest = $20,000
Increase in prepaid assets = $10,000
Bought equipment = $4000
Net inflow of cash from operating activities = $115,000 + $40,000 - $20,000 - $10,000
= $125,000
The purchase of equipment is a part of financing activities and as such is not considered in the computation of the net inflow of cash from operating activities.
Explanation:
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A company would trace direct-material cost to each product produced and use a predetermined application rate for conversion cost.
Explanation:
In this operation costing system the cost of the operation and the process cost are in parallel with the conversion cost and when when a company uses this they trace the direct material cost to each of the product produced and they predetermine the application rate of the conversion cost
The raw materials are manufactured in one way and the individual products are manufactured in another way and hence there is a mix of both the jobs and the prices may vary. Hence to avoid this confusion operation costing system was introduced
The answer is Guido D'Arezzo. He was the creator of the modern staff, he had used yellow and red lines to indicate pitches in the staff. In the modern era, these yellow and red lines were removed but still followed D'Arezzo's modern musical staff. Aside from the musical notation, D'Arezzo is also known for his text called "Micrologus"