Answer:
A. True
Explanation:
For her it is a specialty good because it not sold everywhere, therefore she makes the extra effort.
A decrease in the inventory account during the year should be reported on the statement of cash flows as in financing activities as a use of funds.
What is in a cash flow statement?
On the cash flow statement, the entire amount of cash and cash equivalents that enter and exit a business are displayed. The CFS focuses on a company's ability to manage its cash, particularly how successfully it produces cash flow. The income statement and balance sheet both receive information from this financial statement.
What is financing activities in cash flow statement?
The cash flow statement's financing activity describes a company's capacity to raise capital and return it to investors via capital markets. The issuance and sale of additional shares of stock, as well as the growth, addition, and modification of existing debt, are also included in these acts. This list also includes dividend payments made in cash.
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The level of organizational culture that is being described
in the scenario above is the basic underlying assumptions in which this level
focuses more on taking beliefs for granted in a way that they use their
thoughts and feelings in a course of action in which Bill does because of his
beliefs.
If real GDP is $200 billion, full employment GDP is $400 billion, and the marginal propensity to consume is 0.75, then Congress should-----
increase government purchases by spending by $50 billion.
What is marginal propensity?
In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.
Full employment:
is an economic situation in which all available labor resources are being used in the most efficient way possible. Full employment embodies the highest amount of skilled and unskilled labor that can be employed within an economy at any given time.
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Facility expenses in the flexible budget comes out to be $24,260.
<h3>What is flexible budged?</h3>
A flexible budget is one that is based on various sales volumes. For each projected level of production, the static budget is adjusted by a flexible budget. Due to this flexibility, management is able to predict how the budgeted figures will change as sales volume changes.
Calculation for the facility expenses in the flexible budget for December:
The table of the data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue is in attachment-
Facility expenses in the flexible budget = Variable + Fixed
= (3650*4.40) + 8200
= 16,060 + 8200
= 24,260
The wages and salaries in the planning budget for December would be closest to $24,260.
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