Answer:
Option (c) is correct.
Explanation:
Net cash provided by operating activities:
= Net income + Depreciation + loss on sale of Equipment + Decrease in prepaid expense + Increase in account payable - Increase in account receivable - increase in inventory - Decrease in accrued expenses
= $132,000 + 44,000 + 8,000 + 60,000 + 52,000 - 60,000 - 100,000 - 24,000
= $112,000
Note:
The balance sheet is missing in this question, so I attached the balance sheet with the answer.
Answer:
<em>Management by </em><em><u>objectives</u></em><em> is a four-step process in which managers and employees jointly set objectives, develop action plans, review performance, and appraise and reward employees.</em>
Explanation:
Management by objectives (MBO)
<em>A </em><em>management</em><em> </em><em>system </em><em>in </em><em>which </em><em>the </em><em>objectiv</em><em>e</em><em>s </em><em>of </em><em>an </em><em>organization</em><em> </em><em>are </em><em>agreed</em><em> </em><em>upon </em><em>so </em><em>that </em><em>management</em><em> </em><em>and </em><em>employe</em><em>e</em><em>s </em><em>u</em><em>nderstand </em><em>a </em><em>common</em><em> </em><em>way </em><em>fo</em><em>r</em><em>ward.</em>
<span>The economy of the United States of America is larger than the economy of the African country of Ethiopia by a great deal. The United States economy is in fact 336 times larger than the economy of Ethiopia.</span>
Answer:
Use the same estimations and computations as accounts receivable to determine cash realizable value.
Explanation:
Notes receivable is a balance sheet item, that records the value of promissory notes that a business is owed and has the right receive payment for.
Short term notes receivable are due within a period of one year from the balance sheet date and are catergorised under current assets in the balance sheet.