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Anon25 [30]
3 years ago
7

A company has revenues of $1,250,000 with a net profit margin of 10%. If the depreciation for the year is $75,000, short-term in

vestments decreased by $15,000, accounts receivable increased by $10,000, inventory decreased by $5,000 and accounts payable decreased by $6,000, what is the net cash provided by operations.
Business
1 answer:
seropon [69]3 years ago
7 0

Answer:

$204,000

Explanation:

The computation of net cash provided by operations is shown below

Cash flow from operating activities

Net profit ($1,250,000 × 10%) $125,000

Add: depreciation expense $75,000

Add: Decrease in short term investment $15,000

Less: Increase in account receivable -$10,000

Add: Decrease in inventory $5,000

Less: Decrease in account payable -$6,000

Net Cash provided by operations $204,000

The minus sign depicts the cash outflow and the positive sign depict the cash inflow

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Levelor Company's flexible budget shows $10,750 of overhead at 75% of capacity, which was the operating level achieved during Ma
zhannawk [14.2K]

Answer:

The controllable variance for the month was $1,709 unfavorable

Explanation:

Controllable variance: The controllable variance show a difference between actual overhead expenses incurred and budgeting operating level based on direct labor hour.

In mathematically,

Controllable variance = Actual overhead expenses - budgeting operating level based on direct labor hour

where,

Actual overhead expenses = $11,227

And, budgeted operating level based on direct labor hour

= budgeted operating level  × direct labor per hour

= 6,160 × $2.10

= $12,936

Now, put these values on the above formula:

So,

Controllable variance = $11,227 - $12,936 = $1,709 unfavorable

Hence, the controllable variance for the month was $1,709 unfavorable

6 0
3 years ago
there is a technological improvement in the production of good x. as a result, the curve for good x will shift resulting in a(n)
bulgar [2K]

There would a shift to the right of the supply curve. The equilibrium price would decrease and the equilibrium quantity would increase.

<h3>What is the impact of technological improvement?</h3>

Technological improvement in the production process means that there is an advancement or update in the technologies that are used in the production process. For example, progress from storing information in files to storing information in the cloud is an example of technological improvement.

A  technological improvement in the production of  a good would make it easier to produce a good. Thus, the supply curve would move forward.

Equilibrium quantity would increase. Due to the increase in quantity supplied, price has to decline in order to induce consumers to buy more of the product.  Equilibrium price would decrease.

To learn more about an increase in supply, please check: brainly.com/question/14727864

#SPJ1

3 0
2 years ago
Bidder conferences are used to:
Zarrin [17]

Answer:

A. Answer questions about the project prior to submittal of proposals

Explanation:

A bidder conference is a meeting held by a buyer to discuss a possible purchase with multiple potential suppliers.

4 0
3 years ago
g Product #1 Product #2 Historical cost $26 $51 Replacement cost 16 28 Estimated cost to dispose 23 25 Estimated selling price 5
Darya [45]

Answer:Product 1 will be valued at $16,  Product 2 will be valued at $29

Explanation:

Lower of Cost or Market

Lower of Cost or Market is a Method for Valuing inventory which stipulates  that inventory must be valued at the lower of cost or market price. Market price is defined as the replacement cost of inventory. There is however a Criteria to be followed when using Replacement costs

The replacement cost should not exceed or should not be greater than the Net Realizable Value, Net Realizable Value is the net amount we would receive from the sale of inventory after settling cost of selling inventory. If Replacement Cost is greater than Net relizable value, Net Realizable Value will be compared to historical cost in determining the value of inventory

The Replacement Cost Should also not be less than Net relizable value minus Ordinary profit, if it is less , Net relizable value minus Ordinary profit will be compare to historical costs in determining the value of inventory.

Replacement costs will be used if they are lower than Net realizable value and Higher than Net relizable value minus Ordinary profit

Product 1

Historical cost = $26

Net Realizable Value = $52 - 23 = $29

Net realizable Value minus Ordinary Profit = $29 - ( 52 -26) = $3

Replacement Cost $16

Replacement costs ($16) are less than Net realizable value ($29) But they are higher than Net realizable value minus Ordinary Profit ($3),. Product 1 will be valued at the lower of cost $26 or $16

Product 1 will be valued at $16

Product 2

Historical cost = $51

Net Realizable Value = $80 - 25 = $55

Net realizable Value minus Ordinary Profit = $29 - ( $80 -51) = $29

Replacement Cost $28

Replacement costs ($28) are less than Net realizable value ($55). They are also lower than Net realizable value minus Ordinary Profit ($29). Product 2 will be valued at the lower of cost $51 or $29

Product 2 will be valued at $29

5 0
3 years ago
A local newspaper devotes its New Year's Day issue to people who have performed heroically during the past year. One of the peop
Wittaler [7]

Answer:

PRIVACY RIGHT of a person or an individual

does not allow giving a person which is the plantiff a publicity that are unnecessary based on that person private life unless if the plantiff information they want to write about is important to the article.

Explanation:

Based on the information given we were told

that Janet was included in a local newspaper

for the people who have performed heroically in which the article stated that she had been unable to find work due to burns to Janet hands and her feet which in turn makes Janet to sued the newspaper for the invasion of her privacy.

Therefore how the case should be decided is that the PRIVACY RIGHT of a person or an individual does not allow giving a person which is the plantiff a publicity that are unnecessary based on that person private life unless if the plantiff information they want to write about is important to the article.

8 0
3 years ago
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