Answer:
$305,000
Explanation:
Given that,
Net income for the year = $290,000
Increase in accounts receivable = $21,000
Decrease in accounts payable = $9,000
Depreciation Expense = $45,000
Net cash provided by operating activities:
= Net Income of current year - Decrease in Accounts Payable + Depreciation Expense - Increase in Accounts Receivable
= $290,000 - $9,000 + $45,000 - $21,000
= $305,000
Explanation:
A focus group can be defined as a qualitative marketing research method where some people with common characteristics are brought together in a group who are guided by a trainer to promote discussions on a particular topic of interest and gather information to assist in decision making.
To organize focus groups for an innovative German-style fast food restaurant, you could separate 3 groups, the first being ages 18 to 30, the second 30-45 and the third group 45 and above.
The screening criteria could be, sources of income, profession, sex, taste for food, hobbies, etc.
The questions to ask could be related to the number of times a week people eat fast food, what is your favorite German food, how much are you willing to pay for the options offered in the restaurant, what elements do you consider most attractive in a restaurant ,etc.
Answer: The answer is Discontinued Operation.
Explanation: Discontinued Operation in financial accounting is a term that is used to refer to part(s) of a company’s line of businesses or products that have been sold or shut down.
Discontinued operations are reported on the income statement, but separately from continuing operations.
The decision to list discontinued operations separately on the income statement is useful because it shows investors where the profits are coming from and which operations have ceased to function, especially useful when companies are about to merge.