Answer:
d. $165,000
Explanation:
Basically there are three types of activities:
1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.
2. Investing activities: It records those activities which include purchase and sale of the fixed assets
3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.
The computation is shown below:
Cash flow from Operating activities
Net income $150,000
Add: Decrease in accounts receivable $15,000 ($65,000 - $80,000)
Net Cash flow from Operating activities $165,000
Answer and Explanation:
The computation of the lower of cost or market for ending inventory applied separately to each product is presented below:
Product Units (A) Cost per Unit Market per Unit Minimum cost (B) Value (A × B)
Helmets 24 $50 $54 $50 $1,200
Bats 17 $78 $72 $72 $1,224
Shoes 38 $95 $91 $91 $3,458
Uniforms 42 $36 $36 $36 $1,512
Total cost $7,394
First we take the lower unit of cost or market and after than the lower unit should be multiplied with the number of units so that the ending inventory could come
I say true because it seems like most likely answer.
Janice's beliefs represent a Psychological contract.
The psychological contract is a unwritten concept that represents the relationship between an employer and an employee. It involves mutual beliefs, perceptions, informal obligations. <span>understandings, and commitments that exist between the employer and employee.</span>
Your answer is <span>equilibrium real GDP; government purchases. </span>
