Answer:
Computation of net cash provided by operating activities under the indirect method
<em>Cash flow from Operating Activities</em>
Net Income $370,000
<u>Adjastment for Non-Cash Items:</u>
Depreciation $92,500
<u>Adjastment of Other Items already included:</u>
Loss on Disposal of Plant Assets $37,000
Net Cashflow from Operating Activities $499,500
Explanation:
Indirect method makes adjastment to Net Income on the following items:
1.Non-Cash Items already included in the Calculation of Net Income
In this case Depreciation is a non-cash item and is added back to arrive at cash flow amount related to Net Income
2.Other items already included in other sections of cashflow statement
Loss on disposal is added back to Net Income. This relates to Activity in Investments
3. Changes to Working Capital
No further details applied to this section in the question.
Answer:
B) outward shift of the PPF.
Explanation:
The production possibilities frontier (PPF) refers to the different combinations of production output for two different goods that can be produced given a fixed amount of available resources (e.g. machinery, materials, labor).
If there is an increase in the availability of resources (e.g. more materials are available or more machines are used), then more goods can be produced. Therefore the PPF curve should shift outwards since total output will increase.
In the question, what do you mean by "g"?
Answer:
Henri Fayol Model (1841-1925)
Explanation:
Three models are explained below:
- Henri Fayol Model put forth an argument that management in their everyday routine carries our five major functions which are Planning, Organizing, Commanding, Coordinating, and controlling.
- Contemporary Model which involves planning, leading, organizing and controlling operations to achieve organizational goals.
- Systemic Model which relates the core management functions to different characteristics of a system
Answer:
b. Actual quantity purchased by the difference between actual price and standard price
Explanation:
The formula to compute the material purchase price is shown below:
= Actual Quantity × (Standard Price - Actual Price)
It is derived by taking a difference between the standard price and the actual price and then multiplying it by the actual quantity so that the material price or material purchase price variance could come
Hence, the correct option is b.