What accounts for the increase in operating support when an independent business expands by becoming a franchisor?

Grouper Ltd. estimates sales for the second quarter of 2017 will be as follows.

Alona [7]

Answer:

July production = 2,660 units

raw materials per unit = $6

ending inventory of raw materials = 50% of next month production

<h2> RAW MATERIALS PURCHASES</h2>

April May June

units to be produced 2,200 2,130 2,330

+ ending inventory 1,065 1,165 1,330

EU raw materials

- beginning inventory -1,100 -1,065 -1,165

<u>EU raw materials </u>

total direct materials

purchases (in units) 2,165 2,230 2,495

cost of direct materials $6 $6 $6

total purchases $12,990 $13,380 $14,970

8 0

4 years ago

Type the correct answer in the box. Spell all words correctly. Help Please!!!

Flura [38]

Answer:

Which non-cash expense is added back to the net profit in the indirect method of preparing a cash flow statement? DEPRECIATION

The indirect method of preparing a cash flow statement adds a non-cash expense, such as DEPRECIATION and or AMORTIZATION, to the net profit.

Explanation:

Cash flow statement is a statement of account or financial statement prepared by firms or organisations that shows how money comes or flow into a company. It also shows the amount of money that a company receives from sales of their goods and services.

Cash flow statement also shows us the money invested my the company in outside ventures which is used for generating revenues for the company.

There are two methods of preparing Cash flow statements

a. Indirect method.

b. Direct method

The indirect method of preparing a cash flow statement involves stating the net income of the firm and then adding back non cash expenses such as Depreciation, Amortization back to the net profit. After which the determination of the actual inflow or outflow of cash from firm in carried out.

5 0

3 years ago

The expense recognition (matching) principle requires that expenses (expenses/assets/liabilities) be recorded in the same accoun

Tju [1.3M]

Answer:

Expenses ; revenues ; adjusting

Explanation:

According to the expense recognition or matching principle, the expenses that are incurred in a particular period should be matched with the revenues that are earned in that particular period.

This principle major part is of the adjustments so that the adjustment entries are passed so that the financial statements represents the true and fair view to the users of the accounting information

8 0

3 years ago

Suppose two economists are arguing about policies that deal with unemployment. One economist says, " the government could lower

Nikitich [7]

Answer:

The correct answer is Disagree because they have different scientific judgements.

Explanation:

Obviously, what is demonstrated in the previous situation is that the two economists think differently. For this reason, they have different judgments from a training that allows them to recognize the events and propose alternatives to the problems presented.

Value judgments are the criticisms or comments that all people make towards other people or things depending on our perspectives or tastes.

Scientific judgments are always objective and are made with the scientific method, and are made with observation and verification.

We make moral judgments based on the "good or bad" human acts of a person and thus to discover their morality.

8 0

4 years ago

Your mortgage is a 30-year fixed at 8% on $150,000. You are considering refinancing at 3.5% fixed for 30 years. The bank charges

Ilya [14]

Answer:

Option A,4 months

Explanation:

Closing fees =1.5% of the mortgage

mortgage amount is $150,000

closing fees =$150,000*1.5%=$2250

The mortgage monthly payment can be computed using the pmt formula in excel as follows:

=pmt(rate,nper,-pv,fv)

rate is the rate per month which is 3.5%/12=0.002916667

nper is 30 years multiplied by 12 =360

pv is the amount of mortgage which is $150,000

fv is the sum of the interest on mortgage and mortgage amount which is unknown

=pmt(0.002916667 ,360,-150000,0)= 673.57

the final answer=closing fees/monthly payment=$2250 /$673.57 = 3.34 months

The closest option is 4 months

8 0

4 years ago

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