Answer:
c) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows
Explanation:
Proprietry funds are accounts that are part of governmental institutions and non profits organizations and these require a high standard of transparency and accountability, so they are require to provide to the government the next statements: tatement of net assets; a statement of revenues, expenses, and changes in fund net assets; and a statement of cash flows.
This is accordingly to the summary of statements N. 34 from the Governmental Accounting Standards Board.
Answer:
3. 5,110,000 and 5,170,000
Explanation:
Number of shares to be used in computing basic earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12
= 4800000 + 150000 + 160000
= 5,110,000
Number of shares to be used in computing dilute earnings per share
= 4800000*12/12 + 200000*9/12 + 4800004/12 + (6000000/1000)*40*3/12
= 4800000 + 150000 + 160000 + 60000
= 5,170,000
Therefore, The number of shares to be used in computing basic earnings per share and diluted earnings per share on December 31, 2018 is 5,110,000 and 5,170,000.
Answer:
Net Income $66100
Explanation:
<u>Racine Furnishings Company </u>
<u>Multi Step Income Statement </u>
<u>For the Year Ended March 31, 2019</u>
Sales 6,126,850
Cost of Merchandise Sold 3,965,850
Gross Profit 2161000
Less Operating Expenses
Depreciation $747,950
Supplies Expense ( 87000- 20650) 66350
Salaries Expense 7,700
Selling Expenses 717,650
Administrative Expenses 545,700
Operating Income 75,650
Other Expenses
Interest Expense 9,550
Net Income $66100
From the sales cost of merchandise sold is subtracted to get the gross profit. The operating expenses are subtracted from the gross profit to get the operating income. Other expenses such as interest expense is subtracted to get the net income.
To maintain steady profitability, the mega-airlines must work tirelessly. Supporting actors like airports and aircraft vendors are quite lucrative. The study examines the dynamic forces of competition and shows that strategy management of the competitive tensions is essential. Competition is shown to embody the ability to appropriate value.
Research also shows that fundamental competitive forces dictate the industry's level of intensity, and that an organization's choice of strategy can change the influence of these forces to its advantage. A series of realistic assessments of what is good and bad about present industry thinking and practises form core of the study.
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Answer:
Flexible manufacturing system
Explanation:
A flexible manufacturing system is a method of production that allows for the easy adjustment of a manufacturer to the type or quantity of product being manufactured whether predicted or unpredicted.
This flexible manufacturing system is possible by the configuration or reconfiguration of computer systems to take up various levels of production.
Flexible manufacturing system has its advantages and disadvantages like any other systems but the main advantage of the flexible manufacturing system is that it helps to effectively manage manufacturing resources such as time, effort, quality, etc.
Its disadvantages include high financial implication to set up, maintenance, complication of system, etc
I hope this helps.
