Answer:
The correct answer is (D) business model
good luck
Getting Maximum Results with Minimum Efforts.
Answer:
$2.08 million
Explanation:
The operating cash flow is shown below:
= EBIT + Depreciation - Income tax expense
where,
EBIT = Sales - cost of good sold - depreciation expense
= $6.70 million - $3.70 million - $0.70 million
= $2.30 million
The income tax expense would be
= EBIT × tax rate
= $2.30 million × 40%
= $0.92 million
Now put these values to the above formula
So, the value would equal to
= $2.30 million + $0.70 million - $0.92 million
= $2.08 million
Answer:
a. work in process inventory
Explanation:
In Business, an inventory is a term used to describe a list of finished goods, goods still in the production line and raw materials that would be used for the manufacturing of more goods in a bid to meet the unending consumer demands.
Simply stated, an inventory can be classified into three (3) main categories; finished goods, work in progress, and raw materials.
An inventory is recorded as a current asset on the balance sheet because it's primarily the most important source of revenue for a business entity.
Also, the three (3) main cost concept associated with an inventory are;
1. First In First Out (FIFO).
2. Last In First Out (LIFO).
3. Weighted average cost.
Goods that are partially completed by a manufacturer are work in process (WIP) inventory.
Answer:
Price bundling
Explanation:
Price bundling occurs when many many gods or services are combined together into just one comprehensive package and sold at a lower price that is all-inclusive.
It enables the seller to increase profit despite the reduction in price because it enables him to promote the sale of other products or services.
Therefore, If all the services rendered to Manuel were availed individually without price bundling, it would have been more expensive.