The answer is incident commander
Answer:
(a) Net cash flow provided by operations for Simon Co. for the year ended December 31, 2020 is $1,580.
(b) The correct answer is Option A.
Explanation:
(a) Preparation of statement of cash flows extract
Simon Co.
Statement of Cash Flows (extract) for the Year Ended December 31, 2020
Net income $840
Add: Depreciation and amortization expense 640
Decrease in Accounts receivable 90
Increase in Income taxes payable 70
Less: Increase in Inventory 40
Decrease in Accounts payable 20
Net cash flows from operating activities $1,580
(b) The difference is mainly from timing and recognition. The cash flows from operations is a valuable tool used by investors to evaluate a company's financial strength. This section of the cash flows is regarded as the <em>cash version of net income </em>as non-cash items are added back to net income and it also considers changes in working capital, including current assets and current liabilities.
I think this would be a union grievance, sorry if i'm wrong.
Answer:
Substantial performance
Explanation:
the given statement is the case of Substantial performance
Substantial performance is the performance of the company which incomplete but it does not defeat the purpose of the contract.
here, in the statement Raul take contract of building the home for Evelyn but he missed some specification which cause Evelyn $25,000 to fix the damage as the project is incomplete but the purpose is not defeated hence this is an example of Substantial performance.
Answer:
B)
Explanation:
Because Ralph´s Recliners assigns the fixed costs to more quantity of recliners. Each one of the products charges less part of the fixed cost, compared with each one made by Lazy Guys. Then, the average total cost is lower.
