Answer:
The correct order of answer is: more, increases, overproduced
Explanation:
A situation in which the production level is higher than the population's consumption level is contemplated to be an overstock. An overstock happens when you have products that have not been sold due to the fact that the amount is higher than the project demanded.
This can only reduce when organisations agree to offer the same quantity which is needed in the market.
The correct answer is D. Trade-offs associated with financial decisions because the opportunity cost is what you give up in exchange for something else. For example: If you must choose between a hamburger or a hot dog, the one you do not choose is the opportunity cost.
Answer:
$129,000
Explanation:
The indirect method fir calculating cash flows generally starts with net income and then adds or subtracts depending on the non-cash revenue or expense accounts. I.e. it starts at the end and comes back.
In this case, we are starting with net income and we need to add or subtract the changes in accounts receivable. Since accounts receivable decreased during the year it means that more money was collected increasing the cash flow.
Cash flow = net income + change in accounts receivable = $120,000 + ($40,000 - $31,000) = $120,000 + $9,000 = $129,000
Answer: $247000
Explanation:
The following can be deduced from the question:
Revenue 84,000
Less: Operating Expenses 46,000
Profit Before Tax 38,000
Less Taxes 13,300
Net Income 24700
Therefore, the net income that was reported on Sparty's income statement will be $24700.
The answer is <u>C) Advance deposits</u>. I believe.