answer: you need to know where your at
Answer:
Altoona’s Net Income for 2021 was: $296,000
Explanation:
The Net Income can be determined by reconciling the Net cash flow from operating activities to Operating Profit as follows :
Net cash flow from operating activities $300,000
Less Depreciation and amortization ($24,000)
Add Increase in accounts receivable $20,000
Operating Profit $296,000
Notes :
Reconcile the non-cash items previously added or deducted from Net cash flow from operating activities and any changes to Working Capital accounted for in determination of Net cash flow from operating activities .
Answer:
$11,000
Explanation:
Depreciation expense in year 1 = 0.33 x $50,000 = $16,500
Depreciation expense in year 2 = 0.45 x $50,000 = $22,500
Book value in year 2 = cost of asset - accumulated depreciation
$50,000 - ( $16,500 + $22,500) = $11,000
Answer:
This is an example of: <u>Publicity</u>
Explanation:
Publicity is the process to make a product or service visible to all the people through the different forms of communication so they will be interested in buying it. Publicity involves traditional means of advertising like a press release or a radio ad and other means like social media. According to this, this is an example of publicity as BMW posted a video of the new Model 3 on its website to make the product visible to potential clients.
