Answer:
Large most likely reports net cash outflows from investing activities of $9 million.
Explanation:
Large Corporation
Statement of cash flows (extract)
$ in millions
Purchase of patent ($14)
Proceeds from sale of land and buildings 24
Cash paid to acquire office equipment (19)
Net cash flows from investing activities ($9)
Note that the purchase of treasury stock belongs to financing activities section of the cash flows, while gain from sale of land and buildings and investment revenue belong to operating activities section of the cash flows
Answer: E) Many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.
Explanation:
The scenario that'll make the labor union accept Richard's suggestion to lower the wages is when many people who work for manufacturing plants live in areas in which the manufacturing plant is the only source of employment.
The reduction in wages by Xanadu Industries wouldn't bring about loss.of workers as the manufacturing plant is the only industry in the area. Another way the company can reduce cost is through the reduction in its raw materials cost. If the employees aren't satisfied due to the reduction in wages, they can look for employment at Utopia Industry.
Therefore, the correct option is E.
Answer:
Journal Entry are given below
Explanation:
solution
Journal Entry are as
PERPETUAL INVENTORY SYSTEM
debit credit
(1) March 2, Merchandise inventory $800,000
Borst Company $800,000
( record Inventory purchase )
(2) March 6,
Borst Company $140,000
Merchandise inventory $140,000
( record goods return )
(3) March 12,
Borst Company (800000-140000) $660,000
Cash (800000-140000) ×98% $646,800
Merchandise inventory $13,200
(800000-140000)× 2%
( record goods return )
When discussing organizational structure, the terms narrow and wide are used to describe the span of control in the organization.
When it is said to be wide, or have a large width, it means that the organizational structure in the organization is with a very large span of control.
But when it is said to be narrow, what it means is that the structure in this organization is with a smaller span of control
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Answer:
The answer is $11.904.762
There an assumption about Depreciation, Amortization and Interest, it says increase by 10% over which there is no data to calculate,so It's used 10% of sales.
Explanation:
Income Statement
Sales $11.904.762
Cost of goods sold -$6.547.619
Gross Profit $5.357.143
depreciation, amortization and Interest -$1.190.476
Net Income BEFORE Taxes $4.166.667
Tax RATE 40% -$1.666.667
Net Income after Taxes $2.500.000
