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Marina CMI [18]
3 years ago
11

Accounts receivable arising from sales to customers amounted to $84,000 and $74,000 at the beginning and end of the year, respec

tively. Income reported on the income statement for the year was $320,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Business
1 answer:
solmaris [256]3 years ago
4 0

Answer:

$330,000

Explanation:

Change in WC = Opening receivables - Closing receivables

Change in WC = $84,000 - $74,000

Change in WC = $10,000

The decrease in working capital is $10,000

Cash from operating activities = Net income + Decrease in Working Capital

Cash from operating activities = $320,000 + $10,000

Cash from operating activities = $330,000

Thus, the cash from operating activities is $330,000

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Answer:

The correct answer is E) Customer spotting .

Explanation:

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The detection of needs consists specifically in asking your client a series of questions that you have to have prepared in advance, in order to discover:

  1. What are the real needs they have
  2. If the products or services you have in your portfolio are suitable for what you need.

Not carrying out a correct detection of needs forces you to walk blindly and thus lose many chances of achieving success.

Keep in mind, that it is in this step where it is most important that you pay attention and listen to what the client has to say.

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3 years ago
If a firm has set up a revolving credit agreement with a bank, the risk to the firm of being unable to obtain funds when needed
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Answer:

True

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the risk to the firm of being unable to obtain funds when needed is lower than if it had an informal line of credit.

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3 years ago
Lean production uses a pull system. To enable this pull process to work smoothly, lean production demands what? check all that a
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Lean production demands

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- fairly predictable demand for the end product

Lean production is a manufacturing technique aimed usually at decreasing instances in the manufacturing gadget as well as response times from suppliers and to customers. it's miles intently associated with another concept referred to as simply-in-time production.

Lean production is a manufacturing method focused on removing waste, in which waste is described as something that does not upload value for the consumer. despite the fact that Lean's history is manufacturing, it's miles applicable to all sorts of employer and all an organization's techniques.

Lean manufacturing improves efficiency, reduces waste, and will increase productivity. The benefits, therefore, are manifold: increased product best: stepped forward efficiency frees up personnel and assets for innovation and quality control that would have previously been wasted.

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5 0
1 year ago
Which of the following are examples of interest rate futures contracts?
yanalaym [24]

Answer:

Option D, T Bonds and Eurodollars , is the right answer.

Explanation:

Option D is correct because the future contract or interest rate future is the instruments that pay or offer the interest. However, the contract is an agreement on which buyer and seller are agreed for the future delivery of any interest that the asset bears. However, this contract gives the offer to the buyer and seller to lock the price of the asset that bears the interest in a future date. Moreover, this instrument is not a market traded instrument, these are the instrument used for a cash settlement. Thus, the same can be seen with option D. thus it is correct.

4 0
3 years ago
You have noticed that your boss, eric, has become very defensive and is constantly reminding you how things were done when he wa
Vlad1618 [11]

Answer:

The manager's ability to influence the behavior of its employees has been deteriorated

Explanation:

The reason is that the senior must influence its employee by continuous training of its employees to get their hands on work and help them achieve the targets. The daunting behavior can not influence the employee behavior for a long time and as a result the employee gets demotivated which results in the de-motivation of employees.

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3 years ago
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