Answer:
$6,450
Explanation:
Calculation to determine the balance in Cash for this design service business
Using this formula
Cash balance=Cash Amount invested+Cash Received-Rent- Equipment purchased-Supplies
Let plug in the formula
Cash balance=$7,000+$3,000-$700-$2,000-$850
Cash balance=$6,450
Therefore the balance in Cash for this design service business is $6,450
Answer:
True
Explanation:
There are several Supreme Court Rulings regarding the ADEA during the past two decades, most of them concerning technical issues, but the most straightforward ruling regarding the question is:
General Dynamics Land Systems, Inc. v. Cline, 540 U.S. 581 (2004)
The Supreme Court ruled that the purpose of the ADEA is to prevent discrimination against older workers in benefit of younger workers, but it does not prevent discrimination against younger workers in benefit of older workers.
Answer:
The 2016 operating cash flow is $56,905
Explanation:
The computation of the operating cash flow is shown below:
Operating cash flow = Sales - costs - other expenses - depreciation expenses - taxes + depreciation expense
= $162,500 - $80,000 - $3,300 - $9,000 - $22,295 + $9,000
= $56,905
The interest expense should not be considered in the computation part. Hence, ignored it
Answer:
$30,900
Explanation:
The beginning finished goods is $15,400
Raw materials purchased is $18,800
The cost of goods manufactured is $34,100
Ending finished goods is $18,600
Therefore the cost of gods can be calculated as follows
= 15,400+34,100-18,600
= 49,500-18,600
= 30,900
Hence the cost of goods sold by the company is $30,900
Answer:
Forward integration
Explanation:
Forward integration is a type of business strategy in which the business activities should be carried forward for incorporating the complete production of the product i.e. from the raw material to the end manufacturing of the product along with the supply chain and its logistics. In this, the supplier of the raw material should extend the business to the end manufacturing of the product
So as per the given situation, it is a forward integration
