Identify whether each of the following goals would be a short-term or long-term goal for a high school

Baird Company reported depreciation expense of $22,400 and net income of $37,800 on its Year 1 income statement. During Year 1,

pshichka [43]

Answer:

$69,900

Explanation:

Data provided

Net income = $37,800

Depreciation expense = $22,400

Decrease account receivable = $9,700

The calculation of Cash flow from operating activities is given below:-

Cash flow from operating activities = Net income + Depreciation expense + Decrease account receivable

= $37,800 + $22,400 + $9,700

= $69,900

So, for calculating the cash flow from operating activities we simply applied the above formula.

3 0

3 years ago

Wyman Corporation uses a process costing system. The company manufactured certain goods at a cost of $850 and sold them on credi

Jet001 [13]

Answer:

Debit - Cost of Goods Sold

Credit - Finished Goods Inventory

Debit - Accounts Receivable

Credit - Sales(revenue)

Explanation:

The accounts involved here are:

1. Accounts Receivable

2. Sales or revenue

3. Cost of sales

4. Finished goods inventory.

Firstly, manufactured goods at a cost of $850;

Debit - Cost of Goods Sold

Credit - Finished Goods Inventory

Here, finished goods inventory which is a current asset has been sold and reduced and income or sales or revenue increased. And remember, credit decreases asset

For the sales on credit to Percy corporation for $1,175;

Debit - Accounts Receivable

Credit - Sales(revenue)

Here, debit increases the accounts receivable and credit increases sales.

3 0

4 years ago

One of the primary causes of non-conforming supplier quality involves inconsistent communication and the resultant mis-understan

andreyandreev [35.5K]

Answer:

The correct answer is the option A: True.

Explanation:

To begin with, ''supplier quality'' is the term that refers to the ability from the suppliers to deliver goods or services that satify the most to their clients, in order to do so, the supplier needs to establish a system where he ensures the provision and proper deliver of the goods in time and form for his clients.

Secondly, in the situation where a supplier provides goods that are non-conforming about its quality, then the major cause may due to the fact that there was no good communication between the parties that explain exactly what the client wanted and that led to the fact that the results were not as planned regarding specifications, expectations and requirements. Therefore that it is very important to establish a good communication between the suppy chain members in order to obtain the best results as possible from every party.

6 0

4 years ago

A local pizza parlor adds special seasonal pizza to its menu every month, and they are thinking of permanently adding one to the

polet [3.4K]

Answer:

If the past analysis suggests that the customers consume more of the special flavors then that special flavor can be added to the menu permanently. But the analysis is to be made that of which flavor is consumed more than the regular ones {already in the menu}. The taste of customers is important and this will help in adding more seasonal flavors {they can be added in the regular menu if the customers prefer new flavor}. If the analysis finds that customers don't consume special flavors for more than a single time than new flavors needs to be launched every month in order to secure high number of sales.

This 4 month analysis will enable the local pizza parlor achieve a good customer satisfaction and reach its goal.

Explanation:

If the past analysis suggests that the customers consume more of the special flavors then that special flavor can be added to the menu permanently. But the analysis is to be made that of which flavor is consumed more than the regular ones {already in the menu}. The taste of customers is important and this will help in adding more seasonal flavors {they can be added in the regular menu if the customers prefer new flavor}. If the analysis finds that customers don't consume special flavors for more than a single time than new flavors needs to be launched every month in order to secure high number of sales.

This 4 month analysis will enable the local pizza parlor achieve a good customer satisfaction and reach its goal.

6 0

3 years ago

In a limited partnership, every partner has full responsibility for the management of the partnership.

ArbitrLikvidat [17]

In a limited partnership, the general partner has full responsibility for all partnership debts.

<h3>What is limited partnership?</h3>

A limited partnership is a type of partnership similar to a general partnership, except that a limited partnership must have at least one general partner and at least one limited partner, whereas a general partnership must have at least two general partners.

One of the most significant advantages for a limited partner in the Limited Partnership is that he or she faces only limited liability. If the company goes bankrupt or is sued, the limited partner is only liable for his investment in the company and its assets.

To know more about limited partnership follow the link:

brainly.com/question/25012970

#SPJ4

4 0

2 years ago