Answer:
$37,700
Explanation:
Cashflow from Operating Activities
Net Income $25,000
Adjustments to non - cash flow items :
Add back Depreciation charge $24,000
Adjustments to changes in working capital items :
Increase in Accounts receivable ($13,500)
Decrease in Inventory $3,600
Increase in Prepaid expenses ($9,000)
Increase in Accounts payable $13,000
Decrease in Accrued liabilities ($8,100)
Increase in Income taxes payable $2,700
Net cash provided by operating activities $37,700
thus,
the net cash provided by operating activities under the indirect method on the statement of cash flows would be: $37,700
What is the Importance of sales promotion
Cranston wants a Settlement Option for his beneficiary that will guarantee the beneficiary an income as long as the beneficiary lives. Cranston should choose: A Interest B Life Income Only C Fixed Period D Fixed Amount
Answer:
sry i don't have this questions answers
Under the Uniform Securities Act, an investment adviser who has no place of business in a State is exempt from registration if the:
Answer:
✓The adviser had no more than five clients in that state within the last 12 months
✓ The adviser provided advice only to investment companies in that state.
✓The adviser provided advice only to insurance companies in that state
Explanation:
THIS IS THE COMPLETE QUESTION BELOW
Under the Uniform Securities Act, an investment adviser who has no place of business in a state is exempt from registration in that state if the adviser provides advice in which of the following situations?
ANSWER:
The Uniform Securities Act can be regarded as is a model law which was set up to serve as starting point as regards to state-level securities regulation. The purpose of this Act is to handle securities fraud at the state level and also to give assistance to the Securities and Exchange Commission (SEC) in aspect of enforcement as well as regulation.
As regards to the scenerio in the question, The investment adviser
✓would not have more than five clients in the whole particular state and within the period of duration of last 12 months.
✓ His advice will Only be towards
investment companies in that state.
✓His advice will Only be towards
insurance companies in that state
what do you pore first the cereal or the milk? True or false.
The insurance pathway includes worker who deliver services that transfer risk from an individual or business to an insurance company to protect individuals and businesses from financial losses.
True
False
Zappos' product selection includes performance athletic shoes, outdoor coats, contemporary shirts, couture accessories, and more. This selection best illustrates the firm's: a.product positioning. b.product line depth. c.market niche. d.product mix breadth.
Answer:
This is an example of product mix because it represents all of the company's product lines put together :)
A sample of 51 observations will be taken from an infinite population. The population proportion equals 0.85. The probability that the sample proportion will be between 0.9115 and 0.946 is
a. 0.8633
b. 0.6900
c. 0.0819
d. 0.0345
Answer:
c. 0.0819
Explanation:
The mean = 0.85
standard error of the proportion is: sp = sqrt(pq/n)
= sqrt ((.85)(0.15) / 51) = 0.05
P(0.9115 < X < 0.946) = P( (0.9115 - 0.85) / 0.05 < z < (0.946 - 0.85) / 0.05 )
= P(1.23 < z < 1.92)
= P(z < 1.92) - P(z < 1.23) = 0.0819
Maya deposits $500 in her savings account and earns a simple interest of 5 percent. What will be the balance in her account after two years?
A. $1,000
B. $550
C. $600
D. $577.50
E. $527.50
Answer:
B. $550
Explanation:
[tex]A = p(1 + \frac{r}{100} ) {}^{n} \\ = 500(1 + \frac{5}{100} ) {}^{2} \\ = 550 \: dollars[/tex]
What is the first step in deriving depreciation using the abstraction method? Gather data for all recently sold comparables for the purpose of estimating their reproduction costs. Gather data for all comparables to establish the historic high price paid for similar properties. Gather data on comparable neighborhoods for the purpose of estimating resale value. Gather data on comparable listings that have not sold in the same neighborhood.
Answer:
Gather data for all recently sold comparables for the purpose of estimating their reproduction costs.
Explanation:
Depreciation can be defined as the reduction of cost of a fixed asset systematically until the value of the asset becomes zero.
An abstraction method involves subtracting the value that is required to substitute or replace improvements based on the market's depreciation. Thus, it requires the use of comparable sales to estimate the value of a particular property by subtracting its value from the total sales price of the property.
Hence, the first step in deriving depreciation using the abstraction method is to gather data for all recently sold comparables for the purpose of estimating their reproduction costs.
Additionally, the Modified Accelerated Cost Recovery System (MACRS) can be defined as a depreciation system that avails business owners or companies the ability and opportunity to recover or recoup the cost basis of physical assets that have experienced deterioration over a specific period of time.
In the United States of America, the Modified Accelerated Cost Recovery System (MACRS) is used mainly for tax purposes because it gives room for faster depreciation of a physical asset in its first years or initial usage and reduces depreciation as it is being used over a long period of time.
Lima buys a new car from Motor City Inc. In the first month after the purchase, the car repeatedly fails to meet standards of quality and performance. To prevail against Motor in a lemon-law dispute, Lima must a. take the car to an expert third party for an independent inspection. b. have reason to know of the cause of the failure. c. file a court action without prior notice of the defect to the dealer. d. give the dealer or manufacturer an opportunity to remedy the problem.
To prevail against Motor in a lemon-law dispute, Lima must have reason to know of the cause of the failure.
Lemon law is specifically awarded to customers purchasing vehicles in the form of choice to either get replaced product or to get a refund for the defective vehicle.
Hence, if the vehicle is impaired to function properly or is diagnosed as defective within 30 days of its purchase would entail them with lemon rights. To avail this right the consumer must have proper reasons to support it.
Learn more about Lemon law here;
https://brainly.com/question/1661947
A short-term savings strategy is usually designed to:
A. maximize the growth of money used for investments.
B. make sure a person has money available in an emergency.
C. increase the income a person earns by having a job.
D. allow a person to spend nearly all of the money he or she makes.
SUBMIT
Answer: B. Make sure a person has money available in an emergency. (Thanks 22ogarthwaite)
Explanation: A P E X
A short-term savings strategy is usually designed to make sure a person has money available in an emergency.
What is short term savings?An amount kept aside by an individual for the purpose of utilization in a very short span of time with a contingent purpose, is known as short term savings.
Hence, option B is true regarding short term savings.
Learn more about short term savings here:
https://brainly.com/question/10206346
#SPJ2
Match the term with its definition Question 2 options: a method of advertising or selling that uses false claims to lure people into buying worthless or harmful products when a person deceives another person into buying products or services that he or she knows are ineffective or harmful the use of bandages or nonporous garments to compress body parts; also advertised for a method of weight-loss. 6 the best choice for staying hydrated. 5 a trendy weight-loss plan that promises dramatic results and are not healthy for you. 7 contains high levels of sugar and caffeine and has been linked to increases in weight and even obsesity. a product taken orally that contains one or more ingredients (such as vitamins or amino acids) that are intended to boost / be an additive to one's diet and are not considered food
Answer:
The answer is below
Explanation:
Matching the definition with the right words or terms, we have the following:
1. QUACKERY: a method of advertising or selling that uses false claims to lure people into buying worthless or harmful products.
2. FRAUD: when a person deceives another person into buying products or services that he or she knows are ineffective or harmful.
3. FIGURE WRAPPING: the use of bandages or nonporous garments to compress body parts; also advertised for a method of weight loss.
4. COOL WATER: the best choice for staying hydrated.
5. FAD DIETS: a trendy weight-loss plan that promises dramatic results and is not healthy for you.
6. COCA-COLA: contains high levels of sugar and caffeine and has been linked to increases in weight and even obesity.
7. DIETARY SUPPLEMENTS: a product taken orally that contains one or more ingredients (such as vitamins or amino acids) that are intended to boost/be an additive to one's diet and are not considered food
A financial statement user would determine if a company was profitable or not during a specific period of time by reviewing the a.income statement b.statement of cash flows c.statement of stockholders' equity d.balance sheet
Answer:
Income statement
Explanation:
For an investor seeking a tax sheltered investment, the primary advantage of a real estate direct participation program is the: A high level of liquidity provided by the investment B ability of the program to generate losses for tax purposes but provide positive cash flow C ability to offset passive losses generated by the program against the investor's earned income D ability of the program to generate increasing losses until liquidation Review
True or false. A direct deposit is when you take your check straight to the bank when you receive it
Answer:
false
Explanation:
A short run production function of a competitive firm is given by Y= 6L^(2/3) where Y represents the units of output while L is the labour required. If Price (P)= 3 and Wage (W)= 6, how many units of labour (L) will the firm hire?
I need help with this, thank you!!!!!!!!!
Answer:
Economists often use a short-hand form for the production function: Q=f[L,K] Q = f [ L , K ] , where L represents all the variable inputs, and K represents all the fixed inputs.To determine the optimal capital-labor ratio set the marginal rate of technical substitution equal to the ratio of the wage rate to the rental rate of capital: K L = 30 120 , or L = 4K. Substitute for L in the production function and solve where K yields an output of 1,000 units: 1,000 = (100)(K)(4K), or K = 1.58.The production function is f(x1, x2) = x1/21x1/22. If the price of factor 1 is $12 and the price of factor 2 is $24, in what proportions should the firm use factors 1 and 2 if it wants to maximize profits? x1 = 2x2.There is no difference between fixed and variable factors of production. There are 3 stages namely, increased returns, constant returns, and decreasing returns, and no stage is considered best for the long run.Least Cost Rule: production at least cost requires the ratio of labor's marginal product to its price equals the ratio of capital's marginal product to its price. The amounts of labor and capital employed must be adjusted, all the while keeping output constant, until this condition is achieved.
Explanation:
An appraiser using the market approach collects many recent comparable sales. If a comparable property has a feature that is NOT present in the subject property, the estimated value of the feature is:
A certificate of deposit that changes the rate of interest based on the prevailing market interest rate is known as a: A Market rate CD B Step-up / Step-down CD C Negotiable CD D Renewable CD
Answer:
B. Step-up/Step-down CD
Explanation:
A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.
Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.
Additionally, the bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.
A Step-up/Step-down certificate of deposit (CD) is a type of CD that changes the rate of interest for a deposit based on the prevailing market interest rate.
Which of the following is NOT an example of using the right words?
A. Avoid slang.
B. Choose words the average person will understand.
C. Use lots of technical terms.
D. Stay away from jargon.
Answer:
i think d it might not be right
Explanation:
Answer:
C: use lots of technical terms
Explanation:
A is correct; slang isn't used for formal papers. B is also correct; when you're writing to someone, you don't want to use complicated words that they may not understand. D is also correct; jargon is complicated vocab used in a field, and many people don't understand it. C is incorrect, however; technical terms people may not understand.
The owner of Firewood To Go is considering buying a hydraulic wood splitter which sells for $50,000. He figures it will cost an additional $100 per cord to purchase and split wood with this machine, while he can sell each cord of split wood for $125. How many cords of wood would he have to split with this machine to break even
Answer:
The correct answer is "2000 units".
Explanation:
Given:
Fixed cost,
F = $50,000
Variable cost,
VC = $100 per unit
Price,
P = $125 per unit
Let the units to be sold be "x".
Throughout the case of breakeven,
⇒ [tex]Total \ revenue=Total \ cost[/tex]
⇒ [tex]125x=50000+100x[/tex]
On subtracting "100x" from both sides,
⇒ [tex]125x-100x=50000+100x-125x[/tex]
⇒ [tex]25x=50000[/tex]
⇒ [tex]x=\frac{50000}{25}[/tex]
⇒ [tex]=2000 \ units[/tex]
Myers Corporation has the following data related to direct materials costs for November: actual costs for 4,670 pounds of material, $5.20 and standard costs for 4,470 pounds of material at $6.20 per pound. What is the direct materials quantity variance
Answer:
-4670 Favorable
Explanation:
actual- standard = variance
variance * actual lbs of material
5.2-6.2=-1*4670=-4670 Favorable
True or false: Many companies are discontinuing defined-benefit plans and moving toward defined-contribution plans, which shifts more responsibility to the company for providing retirement benefits.
Answer:
False
Explanation:
A defined benefit pension plan is a type of pension plan where the employer gives a promise with respect to the particular pension payment that could be lumpsum for the retirement basis
Since in the question it is mentioned that the companies would not continue with the defined benefit plan and they move to the defined-contribution plans that save for the retirement so that it would create the more responsibility over the company due to this they would provide the retirement benefit but this statement is false as it is better to received the lumpsum amount
The Statute of Frauds a. applies only to executed contracts b. requires certain contracts to be in writing c. states that written contracts cannot be changed by oral evidence d. none of these
Answer:
b. requires certain contracts to be in writing
Explanation:
Statute of Fraud is one that requires certain types of contracts to be in writing in order to be valid.
For example when selling goods the quantity and price of the goods must be stated in case of any future issue. The written contract can be referred to.
However there are some exceptions to statutes of fraud, and they are when there is admission, performance, or promissory estoppel.
_____________are expenses incurred when a customer stops buying a product or service from one business and starts buying it from another.
Answer:
Switching cost
Explanation:
Switching costs are the costs when the consumer paid for switching the brands or products. It can be in terms of effort based, time based, etc
It can employ the high switching cost in order to protect the customers from shifting to the another brand
Therefore the switching cost should be considered
In tort law, what is proximate cause?
A. The idea that a person's breach of duty directly led to an injury
B. The idea that people can be restrained if there is justification for it
Ο Ο Ο
C. The idea that people use reasonable force to protect themselves
OD. The idea that a person failed to perform a specific duty
Answer:
B. The idea that people can be restrained if there is justification for it
Explanation:I just took the test
* I ONLY HAVE AN HOUR LEFT*
The relationship between the level of spending and the income earned is :
A)Positive
B)Negative
Answer:
Positive.
Explanation:
The relationship between the level of spending and the income earned is positive. This implies that there is a relationship in which both indicators run in parallel, so that if income rises, the level of expenses will also tend to rise; While if income falls, the same will necessarily happen with the level of spending.
This occurs for a logical question: the greater the amount of money earned by a person, the greater the amount of money available to him to spend on different goods and services; and vice versa.
Which of the following is the most appropriate topic to address in a college application essay?
Question 11 options:
A. your family's trip last summer to Yosemite National Park
B. why you decided to volunteer your Saturday afternoons at the local senior center
C. why you think the Yankees aren't likely to win the next World Series
D. your experiences learning to drive a car
No bit links. 15 points.
Answer:
B. why you decided to volunteer your Saturday afternoons at the local senior center
The process of creating, promoting, and presenting a product to meet wants and needs of consumers is called ___________. Group of answer choices marketing selling distributing retailing
At the beginning of the recent period, there were 1,500 units of product in a department, 35% completed. These units were finished and an additional 7,000 units were started and completed during the period. 1,600 units were still in process at the end of the period, 25% completed. Using the weighted average method, the equivalent units produced by the department were:
Answer:
the equivalent units produced by the department is 8,900 units
Explanation:
The computation of the equivalent units produced by the department is shown below:
= Started & completed units + beginning units + 25% of ending units
= 7,000 units + 1,500 units + 1,600 units × 25
= 7,000 units + 1,500 units + 400 units
= 8,900 units
Hence, the equivalent units produced by the department is 8,900 units
4. You earn $64,000 per year. The government takes 35% in taxes.
a) What's your monthly net pay?
b) You have four months to save for a $3,000 car downpayment. If you save 20% of your net pay
each month, can you reach your savings goal?
Answer:
Explanation:
35% of $64,000 is $22,400
Yes you can cause if you save 20% of your monthly net pay in 4 months your gonna have $17,920