Answer:
$672,000
Explanation:
Net income
$460,000
Less:
Increase in accounts receivable
($83,000)
Add:
Decrease in inventory
$66,000
Add:
Increase in accounts payable
$270,000
Add:
Depreciation expense
$101,000
Less:
Gain on sale of land
($142,000)
Net cash
$672,000
Therefore, the net cash provided by operating activities under the indirect method is $672,000
Answer:
20 ounces of 12% solution and 4 ounces of 6% solution.
Explanation:
Let x be the quantity ( in ounces ) of 12% solution that is mixed with y quantity ( in ounces ) of 6% solution to obtain 24 ounces of 11% solution,
∵ Quantity of resultant solution = 24 ounces
⇒ x + y = 24
⇒ x = 24 - y ------(1)
Also, 12% of x + 6% of y = 11% of 24
0.12x + 0.06y = 0.11 × 24
12x + 6y = 264
From equation (1),
12(24-y) + 6y = 264
288 - 12y + 6y = 264
288 - 6y = 264
-6y = 264 - 288
-6y = -24
⇒ y = 4
Again from equation (1),
x = 24 - 4 = 20
Hence, 20 ounces of 12% solution and 4 ounces of 6% solution should mix to get this solution.
Organizational development (OD) refers to a philosophy and collection of planned change interventions that takes a long-term approach to change and assumes that top management support is necessary for any change. It helps organizations and companies to succeed or improve by changing their strategies, policies, etc.
Answer: (c) Organizational development is a philosophy and collection of planned change interventions.
Answer: The Non Compete is NOT Enforceable.
Explanation:
An Agreement not to compete with your previous company is a RESTRICTIVE covenant that was generally introduced to ensure that Upper and Middle Management who were generally privy to Trade Secrets in an Organization do not take that information somewhere else and use it against that old company usually in exchange for better compensation packages.
Hernandez joined Access Organics and regrettably was not given a pay increase or any other special considerations. This is very relevant.
For a Non-compete to hold relevance especially if it is signed AFTER an employee has already being working in an organization, there needs to be SUFFICIENT Considerations that gave the employee better terms such as more job security or better benefits as a result of signing said agreement.
Andy Hernandez received no such benefits in return for signing the agreement and so the Non-compete Agreement lacks said Sufficient Considerations.
The Non-compete is therefore NOT ENFORCEABLE.
It is worthy of note that in the actual case, the Judge ruled in favor of of Andy Hernandez.
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Answer:
The answer is False
Explanation:
Farm cooperatives have grown over time.