It is <u>correct </u>to say that Blue Hamster’s net inflows and outflows of cash at the end of Years 1 and 2 are equal to the company’s annual contribution to retained earnings, $4,194,250 and $5,121,531, respectively. This is because <u>all of the items</u> reported in the income statement involve payments and receipts of cash.
<u>Explanation:</u>
Inflow of the company is the income of the company that it gets from the sale of the goods and the services that have been produced by the company by using raw material, labor and so on.
Outflow of the company is the expenditures and costs that the company makes on the production of the goods and services that are to be sold by the company to it's clients to earn revenue. The main purpose of the company is to increase it's inflows as much as possible.
Answer: Organization chart
Explanation:
The organization chart is a diagram that shows the relation among the employees in an organization. The organization chart is also used to show the relationship that exists between the departments in an organization or and also shows their functions.
Organization chart can be used as a management tool that is used for planning purposes, and can also be used as a personnel directory.
The purpose of an organization chart is to illustrate the chais of command and reporting relationships that exist within an organization.
Answer:
The impact of eliminating the backpack division
Particulars Amount
Decrease in contribution margin $480,500 ($950500-$470,000)
<u>Decrease in Expenses:</u>
Fixed expenses <u>$208,800 </u> ($70522,000*40%)
Decrease in Net operating income <u>$271,700</u> (Financial disadvantage)
Answer:
A medium of exchange
Explanation:
A medium of exchange is a system where it is used to facilitate the sale, purchase, trading of the products & services between the parties
Since in the given situation, it is mentioned that the seller would not willing to accept the drachma in exchange of goods & services so here the drachma would not be served as a medium of exchange
hence, the same would be relevant