norton company reported total sales revenue of $55,000, total expenses of $45,000, and net income of $10,000 on its income statement. for the same period, accounts receivable increased by $4,000, merchandise inventory increased by $6,000, accounts payable decreased by $2,000, and depreciation of $18,000 was recorded. therefore, based only on this information, the net cash flow from operating activities using the indirect method was:

Answers

Answer 1

The net cash flow from operating activities using the indirect method would be: Net income + Depreciation - Increase in accounts receivable - Increase in merchandise inventory + Decrease in accounts payable $10,000 + $18,000 - $4,000 - $6,000 + $2,000 = $20,000

To calculate the net cash flow from operating activities using the indirect method, we need to start with the net income of $10,000 and make adjustments for non-cash expenses and changes in working capital. Depreciation of $18,000 is a non-cash expense that needs to be added back to the net income.

Accounts receivable increased by $4,000, which means that cash was not received for those sales and needs to be subtracted from the net income.

Merchandise inventory increased by $6,000, which means that cash was used to purchase inventory and needs to be subtracted from the net income. Accounts payable decreased by $2,000, which means that cash was used to pay off some of the accounts payable and needs to be added back to the net income.


This means that Norton Company generated a net cash inflow of $20,000 from its operating activities during the period.

To know more about Depreciation refer here:

https://brainly.com/question/17827672#

#SPJ11


Related Questions

when a company exports its product to consumers in another country at an export price below the domestic price, blank has occurred.

Answers

When a company exports its product to consumers in another country at an export price below the domestic price, dumping has occurred.

Exports are goods and services produced in one nation and delivered to buyers in another. Exports and imports make up international trade.

This means that the company is selling its products at an unfairly low price in the foreign market, which can harm domestic industries and create trade imbalances. Governments often have anti-dumping laws in place to prevent this practice and protect their domestic industries.

To learn more about export: https://brainly.com/question/21897468

#SPJ11

one factor affecting a decision about whether to evaluate or test a document is that document's relative importance. what are two other factors?

Answers

Two other factors that may affect a decision about whether to evaluate or test a document are: Complexity, Risk

Complexity: The complexity of the document may affect the decision to evaluate or test it. A complex document may require more extensive evaluation or testing to ensure that it is accurate, complete, and meets the intended purpose. Conversely, a simple document may not require as much evaluation or testing. The complexity of a document can vary widely depending on factors such as its length, format, structure, and level of technical detail. A complex document may require more extensive evaluation or testing because there may be more opportunities for errors or omissions .Risk: The level of risk associated with the document may also affect the decision to evaluate or test it. Documents that are critical to the organization's operations or financial reporting may pose a higher risk if they are inaccurate or incomplete, and may require more extensive evaluation or testing to mitigate this risk. Similarly, documents that are subject to regulatory requirements or legal scrutiny may also require more extensive evaluation or testing to ensure compliance and reduce the risk of penalties or legal action. legal documents such as contracts or regulatory filings may require extensive evaluation or testing to ensure compliance with applicable laws and regulations, as noncompliance could result in penalties or legal action.

Learn more about Risk here:

https://brainly.com/question/31252942

#SPJ11

A state is considering 4 different upgrades to their rural highspeed network system. The options will last for 10 years. The state has asked you to use a B/C analysis to determine the best option. MARR = 8%
OPTION 1 2 3 4
INITIAL COST $12 $10 $8 $15
OPERATING COST (ANNUAL) $0.40 $0.50 $0.60 $0.30
BENEFIT (ANNUAL) $2.30 $2.50 $2.30 $2.80
DISBENEFIT (ANNUAL) $0.20 $0.30 $0.30 $0.20

Answers

Based on the benefit-cost ratios (B/C ratio) , option 3 has the highest ratio of 1.99, which means that for every dollar spent, the state will receive almost two dollars in benefits.

To conduct a B/C analysis, we need to calculate the present value of the benefits and disbenefits for each option and compare them to the initial cost. The present value is calculated using the formula: PV = FV / (1+r)^n. Where PV is the present value, FV is the future value, r is the discount rate, and n is the number of years.

Using a discount rate of 8%, we can calculate the present value of the benefits and disbenefits for each option over 10 years:

Option 1:

PV benefit = $18.22

PV disbenefit = $1.55

Net PV = $16.67

Option 2:

PV benefit = $19.46

PV disbenefit = $2.32

Net PV = $17.14

Option 3:

PV benefit = $18.22

PV disbenefit = $2.32

Net PV = $15.90

Option 4:

PV benefit = $22.87

PV disbenefit = $1.55

Net PV = $21.32

To calculate the benefit-cost ratio, we divide the net present value by the initial cost:

Option 1: B/C = $16.67 / $12 = 1.39

Option 2: B/C = $17.14 / $10 = 1.71

Option 3: B/C = $15.90 / $8 = 1.99

Option 4: B/C = $21.32 / $15 = 1.42

Based on the B/C ratios, option 3 has the highest ratio of 1.99, which means that for every dollar spent, the state will receive almost two dollars in benefits. Therefore, option 3 is the best option to choose.

To know more about benefit-cost ratios refer here:

https://brainly.com/question/31106359#

#SPJ11

which of the following is not an advantage of a divisional structure? each specialty area can be more focused on the business segment and budget that it manages. everyone can more easily know their responsibilities and accountability expectations. coordination with a divisional grouping is enhanced. customer contact and service can be quicker. cost savings, greater access to a diverse labor force not encumbered by 8-hour workdays, and less harmful effects on the environment.

Answers

The option "cost savings, greater access to a diverse labor force not encumbered by 8-hour workdays, and less harmful effects on the environment" is not an advantage of a divisional structure. Therefore, the correct option is D.

A divisional structure refers to organizing a company into separate divisions or business units based on different products, services, or geographical locations.

Divisions can have dedicated teams with specialized knowledge and skills, leading to better focus and expertise in their respective areas.

Thus, the ideal selection is option D.

Learn more about divisional structure here:

https://brainly.com/question/31723743

#SPJ12

Material requirements plus an allowance for normal inefficiencies are added together to determine the per unit of output for direct materials.
a. True
b. False

Answers

The statement "Material requirements plus an allowance for normal inefficiencies are added together to determine the cost per unit of output for direct materials" is true.

The statement correctly describes the process of determining the per unit of output for direct materials. It involves calculating the material requirements for each unit of output and adding an allowance for normal inefficiencies or waste that may occur during the production process. This total cost of direct materials is then divided by the number of units produced to determine the per unit cost. Indirect materials, on the other hand, are not included in this calculation as they do not directly contribute to the production of the final product.

To clarify, "Materials" refer to the raw materials and components needed to create a product. "Indirect materials" are materials used in the production process but not directly tied to the product, like lubricants or cleaning supplies. An "Allowance" accounts for normal inefficiencies in the production process. When determining the per unit of output for direct materials, it's essential to consider both the material requirements and an allowance for normal inefficiencies to ensure accurate calculations.

To know more about material requirements visit:

https://brainly.com/question/29408047

#SPJ11

a company purchased a weaving machine for $231,450. the machine has a useful life of 8 years and a salvage value of $12,500. it is estimated that the machine could produce 755,000 bolts of woven fabric over its useful life. in the first year, 107,500 bolts were produced. in the second year, production increased to 111,500 units. using the units-of-production method, what is the amount of depreciation expense that should be recorded for the second year? multiple choice $32,335. $63,510. $31,175. $34,181. $32,955.

Answers

The amount of depreciation expense that should be recorded for the second year using the units-of-production method is $32,955.

This is calculated by first determining the depreciation per unit, which is the cost of the machine

($231,450 - $12,500 = $218,950) divided by the estimated total production (755,000 units).

The depreciation per unit is $0.29. To calculate the depreciation expense for the second year, you multiply the depreciation per unit by the number of units produced in that year (111,500 units). $0.29 x 111,500 units = $32,355.

Therefore, the correct answer is $32,955.

learn more about depreciation here:brainly.com/question/30531944

#SPJ11

A classical economy is described by the following equations:
(1) Production function: y= (20N - 1/4N^2)
(2) Labour supply function: N^s=4+20(1-t)W/P, t=0.2
(3) The proportion of income that is held in the form of money (k) is 0.25 and money supply (M) is 297.
(4) Demand for loanable funds function: I=100-5r
(5) Supply of loanable funds function: S=30+9r
Where, y is real output or income, N is employment, W/P is the real wage, W is the nominal wage, P is the price level and r is the interest rate.
(a) Derive an expression for the demand for labour function and explain how it is affected by the real wage.
(b) Find the equilibrium values of the following variables: i. Real wage ( W P ) ii. Employment (N) iii. Real output (y) iv. The price level (P) v. Nominal output (Y) vi. Money wage (W) vii. Interest rate.
(c) In order to increase real output above the level obtained in part b(iii) above, the government has proposed the following fiscal policy measures: i. The marginal tax rate is to be reduced from 0.20 to 0.10. ii. There is to be a bond-financed increase in government expenditure of 14 units. For each of the above policy measures, find the new equilibrium levels of the following variables: 1. real wage ( W P ) 2. employment (N) 3. real output (y) 4. the price level (P) money wage (W) 5. Nominal output (Y) 6. real interest rate
(d) Using your answers in part (c) above, discuss the relative effectiveness of the fiscal policy measures listed in part (b) above.

Answers

(a) The demand for labor function is derived from the production function and the labor supply function. It is given by Nd = 20N - 1/4N2 - (4 + 20(1 - t)W/P), where t is the marginal tax rate. The demand for labor is inversely related to the real wage, meaning that an increase in the real wage will lead to a decrease in the demand for labor.

(b) i. Real wage (W/P) = (4 + 20(1 - 0.2))/297 = 0.24 ii. Employment (N) = 20 iii. Real output (y) = 400 iv. Price level (P) = 297 v. Nominal output (Y) = 1188 vi. Money wage (W) = 7.12 vii. Interest rate (r) = 5

(c) i. Real wage (W/P) = (4 + 20(1 - 0.1))/297 = 0.28 ii. Employment (N) = 22 iii. Real output (y) = 440 iv. Price level (P) = 297 v. Nominal output (Y) = 1316 vi. Money wage (W) = 8.18 vii. Real interest rate (r) = 4.20

(d) The two fiscal policy measures proposed by the government are effective in increasing real output. The reduction in the marginal tax rate increases the labor supply, leading to an increase in employment and real output.

The increase in government expenditure increases aggregate demand, leading to an increase in output and prices. The real wages also increase due to the increase in prices. The increase in real wages causes employment to increase, thereby increasing output further.

Know more about Marginal tax rate here

https://brainly.com/question/12395856#

#SPJ11

A decrease in the marginal propensity to consume .
a.
raises the value of the multiplier.
b.
does not affect the value of the multiplier.
c.
decreases the marginal propensity to save.
d.
lowers the

Answers

Reducing the marginal propensity to consume results in an increase in the value of the multiplier. The correct alternative is option a.

The multiplier effect refers to the increase in national income that results from an initial increase in investment or government spending. The size of the multiplier depends on the marginal propensity to consume (MPC), which is the proportion of additional income that people spend on consumption.

If the MPC decreases, it means that people are saving more and spending less out of any additional income they receive. This reduces the multiplier effect because less of the initial increase in spending is circulated back into the economy as additional income for others to spend. As a result, the value of the multiplier decreases.

Therefore, option a is the correct answer.

See more about marginal propensity at https://brainly.com/question/31315895

#SPJ11

greenmart inc. pays an annual didend that ncreases by 2.5 percent per year, commands a market rate of return of 11 percent, and sells for $20 a share. what is the expected amount of the next drvidend?

Answers

The expected amount of the next dividend for Greenmart Inc. is $2.15 per share.

To calculate the expected amount of the next dividend for Greenmart Inc., we can use the dividend discount model.
First, we need to calculate the dividend yield, which is the expected dividend per share divided by the current market price per share.
Dividend Yield = Expected Dividend / Market Price  We know that the market rate of return is 11 percent, so we can use this as our discount rate.  Market Rate of Return = Discount Rate
Next, we can use the formula for the dividend discount model:  Expected Dividend = Dividend x (1 + Dividend Growth Rate)  Plugging in the values we have:
Dividend Yield = Expected Dividend / Market Price
0.11 = Expected Dividend / $20
Expected Dividend = 0.11 x $20
Expected Dividend = $2.20
We also know that the dividend increases by 2.5 percent per year, so we can calculate the growth rate as:
Dividend Growth Rate = 2.5% = 0.025
Plugging this into the dividend discount model formula:
Expected Dividend = Dividend x (1 + Dividend Growth Rate)
$2.20 = Dividend x (1 + 0.025) Dividend = $2.20 / 1.025
Dividend = $2.15 (rounded to the nearest cent)
Therefore, the expected amount of the next dividend for Greenmart Inc. is $2.15 per share.

Learn more about share here:

https://brainly.com/question/30842772

#SPJ11

wo components of formulating international strategy are to choose an entry strategy and to attain a competitive advantage over international competitors.
T
F

Answers

The given statement "Two components of formulating an international strategy are to choose an entry strategy and to attain a competitive advantage over international competitors." is true because to formulate an effective international strategy, companies should focus on choosing the right entry strategy and attaining a competitive advantage.


An entry strategy involves selecting the most suitable method for a business to enter a foreign market. This could be through various methods, such as exporting, licensing, franchising, joint ventures, or direct investment. Each option has its advantages and drawbacks, and a company must consider factors such as target market, resources, and risk tolerance when choosing the most appropriate entry strategy.

Attaining a competitive advantage over international competitors involves developing and executing strategies that create value for the company and differentiate it from its competitors. This could be achieved by focusing on cost leadership, differentiation, or a combination of both.

Cost leadership involves offering products or services at lower prices than competitors while maintaining profitability. Differentiation involves offering unique and valuable features that distinguish a company's products or services from those of competitors, allowing it to charge a premium price.

In conclusion, to formulate an effective international strategy, companies should focus on choosing the right entry strategy and attaining a competitive advantage. By doing so, they will be better positioned to succeed in global markets and achieve long-term growth.

Learn more about strategy:

https://brainly.com/question/24462624

#SPJ11

In the context of the Supply Chain Operations Reference (SCOR) model, which of the following is true of planning?
a. It involves developing a strategy that balances resources with requirements.
b. It involves managing orders, transportation, and distribution to provide goods and services.
c. It involves transforming goods and services to a finished state to meet demand.
d. It involves procuring goods and services to meet planned or actual demand.

Answers

Option a. is true of planning in the context of the SCOR model.

Planning involves developing a strategy that balances resources with requirements to ensure that the supply chain is efficient and effective.

In the context of the Supply Chain Operations Reference (SCOR) model, the statement " It involves developing a strategy that balances resources with requirements" is true of planning. The correct option is a.

Planning is a crucial process in the SCOR model, which primarily focuses on establishing a strategic approach to effectively balance resources and requirements throughout the supply chain. This process includes demand forecasting, inventory management, production planning, and resource allocation.

Planning ensures that supply chain operations are well-coordinated, leading to better customer satisfaction and improved overall performance. By analyzing demand patterns and available resources, businesses can develop a strategy that aligns with their objectives and meets customer expectations. It allows organizations to optimize their supply chain by determining the most efficient and cost-effective ways to produce, store, and deliver goods and services.

On the other hand, managing orders, transportation, and distribution falls under the execution phase of the SCOR model (option b). This phase involves fulfilling customer orders and managing logistics to ensure timely delivery of products.

Option c, which involves transforming goods and services to a finished state to meet demand, refers to the production process. This process is part of the "make" aspect of the SCOR model, which focuses on manufacturing goods according to customer requirements.

Lastly, option d, procuring goods and services to meet planned or actual demand, is related to the "source" aspect of the SCOR model. This involves selecting suppliers, managing relationships, and acquiring necessary resources to meet production and customer demands.

In conclusion, planning in the SCOR model involves developing a strategy that balances resources with requirements, aiming to optimize supply chain operations and achieve organizational goals.

To learn more about  Supply Chain Operations Reference refer here:

https://brainly.com/question/30601023

#SPJ11

what causes the tragedy of the commons?question 34 options:social and private incentives are the same.social and private incentives differ, and common resources are not rival in consumption and are not excludablemon resources are not rival in consumption and are not excludable.social and private incentives differ, and common resources are not excludable but are rival in consumption.

Answers

The tragedy of the commons is caused by social and private incentives differing, and common resources being not excludable but rival in consumption.

The tragedy of the commons occurs when individuals consume a shared resource at a rate that exceeds the resource's ability to replenish itself. This occurs because individuals are motivated by their own self-interest, and the benefits of overusing the resource are captured by the individual, while the costs are shared among all users. Therefore, there is a mismatch between social and private incentives, as individuals are incentivized to consume more than is sustainable for the group as a whole. Additionally, the tragedy of the commons occurs when the shared resource is not excludable, meaning that it is impossible to prevent individuals from accessing it. This further exacerbates the overconsumption problem, as individuals are free to use the resource without regard for others. Lastly, if the common resource is rival in consumption, meaning that one individual's use of the resource limits the amount available for others, this intensifies the tragedy of the commons.

To know more about Incentives visit :

https://brainly.com/question/12530175

#SPJ11

Greta, the manager of a local bank, needs to be able to better motivate her employees. she has asked her supervisor for the authority to give and withhold incentives. greta is asking for an increase in her ____________ power.

Answers

Greta is asking for an increase in her reward power.

Reward power is a type of power that a leader or manager possesses, which is based on their ability to give or withhold incentives, such as bonuses, promotions, and other rewards. By having the authority to give and withhold incentives, Greta will be able to motivate her employees to work harder, meet their targets, and achieve better results.

Incentives are powerful motivators because they appeal to the employees' self-interests and needs. By offering incentives, Greta will be able to influence her employees' behavior and actions, which will ultimately benefit the bank. For example, if Greta offers a bonus to an employee who meets or exceeds their sales target, the employee will be more likely to work harder and be more productive. On the other hand, if Greta withholds an incentive from an employee who fails to meet their targets, it can also motivate the employee to improve their performance.

Overall, by having the authority to give and withhold incentives, Greta will have an increased ability to motivate her employees and achieve better results for the bank. However, it is important for Greta to use her power responsibly and fairly, and ensure that incentives are aligned with the bank's goals and objectives.

Know more about "Incentives" click here:

https://brainly.com/question/29789606

#SPJ11

during an arm wrestling match, your opponent is winning. she is slowly pushing your arm down toward the table. if you are doing any mechanical work against your opponent, the work is

Answers

During an arm wrestling match, when your opponent is winning and slowly pushing your arm down toward the table, the mechanical work you are doing against your opponent is positive.

In this scenario, you are exerting force to resist your opponent's push, and there is movement in the direction of that force. Mechanical work is calculated as W = F × d × cos(θ), where W is the work done, F is the force applied, d is the displacement, and θ is the angle between the force and displacement vectors.

Since the force you apply is in the same direction as the movement (θ = 0 degrees), cos(θ) = 1, and the work you do is positive. The positive work indicates that you are expending energy to resist your opponent's force.

To know more about displacement vectors click on below link:

https://brainly.com/question/30466999#

#SPJ11

tim mows neighborhood lawns for extra money. suppose that he would be willing to mow one lawn for $13 , a second lawn for $18 , and a third lawn for $21 . also suppose that three neighbors are interested in having their lawns mowed. mrs. jones would be willing to pay $32 to have her lawn mowed, mr. wilson would be willing to pay $28 , and ms. smith would be willing to pay $21 . if tim offers to mow lawns for $21 each, what will be his producer surplus? $ 10 . (enter a numeric response using an integer.) (21-13) (21-18) (21-21) considering mrs. jones, mr. wilson, and ms. smith together, what will be their consumer surplus? $ . (32-21) (28-21

Answers

Tim's producer surplus is $10 and the total consumer surplus for Mrs. Jones, Mr. Wilson, and Ms. Smith is $18. Consumer surplus is the benefit that consumers receive from paying less than they were willing to pay for a good or service.

Tim's producer surplus is calculated by subtracting his cost (the price he is willing to mow a lawn for) from the price he actually receives. In this case, he is offering to mow lawns for $21, which is higher than the highest price he is willing to mow a lawn for ($21), so his producer surplus is the difference between the two prices: $21 - $13 = $8 ,$21 - $18 = $3, ($8+$3=$10) for a total producer surplus of $10. The consumer surplus for Mrs. Jones, Mr. Wilson, and Ms. Smith is calculated by subtracting the price they actually pay for the service (in this case, $21) from the maximum price they were willing to pay for the service. Mrs. Jones was willing to pay $32 but only paid $21, so her consumer surplus is $32 - $21 = $11. Mr. Wilson was willing to pay $28 but only paid $21, so his consumer surplus is $28 - $21 = $7. Ms. Smith was willing to pay $21 and paid the full price, so her consumer surplus is $0. Adding up these individual consumer surpluses gives a total consumer surplus of $11 + $7 + $0 = $18.  Tim's producer surplus is $10 and the total consumer surplus for Mrs. Jones, Mr. Wilson, and Ms. Smith is $18.

to know about producer surplus visit:

https://brainly.com/question/30460798

#SPJ11

#2. Let us say that in a two-firm economy, firm 1 has a constant marginal cost MC1 = 2 for producing good 1 and firm 2 has a constant marginal cost MC2 = 3 of for producing good 2. All 100 people in this economy have a utility function of the form U = X1X2 where X1 is the quantity of good 1 consumed and X2 is the quantity of good 2 consumed. Assume that the economy produces 3,000 units of good 1 and 2,000 units of good 2.
(a) Would it be consistent with a competitive equilibrium for each person to consume 30 units of good 1 and 20 units of good 2?
(b) Would it be consistent with a competitive equilibrium for half the population to consume 10 units of good 2 and 15 units of good 1 while the other half to consume 30 units of good 2 and 45 units of good 1? Explain your answer.
(c) If the prices of goods 1 and 2 are P1 = 2 and P2 = 3, respectively, what income is needed by each person to achieve the competitive equilibrium allocation in part (b) of this problem?
(d) If each person had the utility function U = 4X1 + 2X2, would it ever be efficient for society to produce the second good? Explain your answer

Answers

(a) To determine whether it is consistent with a competitive equilibrium for each person to consume 30 units of good 1 and 20 units of good 2, we need to check whether these quantities satisfy the conditions of a competitive equilibrium.

In this case, the total quantity demanded for good 1 is 3,000 (30 units per person x 100 people), which equals the total quantity supplied. Similarly, the total quantity demanded for good 2 is 2,000 (20 units per person x 100 people), which also equals the total quantity supplied. Therefore, it is consistent with a competitive equilibrium for each person to consume 30 units of good 1 and 20 units of good 2.

(b) No, it would not be consistent with a competitive equilibrium for half the population to consume 10 units of good 2 and 15 units of good 1 while the other half to consume 30 units of good 2 and 45 units of good 1. This is because the marginal rate of substitution (MRS) for each person would not be equal to the ratio of the prices of the two goods. In other words, the allocation would not be Pareto-efficient.

For example, the MRS for a person consuming 10 units of good 2 and 15 units of good 1 would be (MU1/MU2) = (1510)/(21) = 75, while the MRS for a person consuming 30 units of good 2 and 45 units of good 1 would be (MU1/MU2) = (4530)/(21) = 675. The ratio of the prices of the two goods is 2/3. Since the MRS for the first person is not equal to the MRS for the second person, the allocation is not Pareto-efficient and is therefore not consistent with a competitive equilibrium.

(c) To find the income needed by each person to achieve the competitive equilibrium allocation in part (b), we can use the budget constraint for each person, which is given by:

P1X1 + P2X2 = Y

where Y is the person's income. Substituting the prices and quantities from part (b), we get:

2(15) + 3(10) = Y/2 (for half the population)

2(45) + 3(30) = Y/2 (for the other half of the population)

Solving these equations for Y, we get Y = 90 for the first group and Y = 270 for the second group. Therefore, the income needed by each person to achieve the competitive equilibrium allocation in part (b) is $90 for the first group and $270 for the second group.

(d) Yes, it would be efficient for society to produce the second good if each person had the utility function U = 4X1 + 2X2. The reason is that the marginal rate of substitution (MRS) for this utility function is not constant, but varies depending on the quantities of the two goods consumed. Therefore, the allocation that maximizes total utility will depend on the relative prices of the two goods. If the price of good 2 is low enough, consumers will be willing to substitute more of good 2 for good 1, and it will be efficient for society to produce more of good 2.

To know more about leasing here

https://brainly.com/question/29353358

#SPJ4

Alpha Products, Inc., is having a problem trying to control inventory. There is insufficient time to devote to all its items equally. Here is a sample of some items stocked, along with the annual usage of each item expressed in dollar volume.
(ITEM) (ANNUAL (ITEM) (ANNUAL DOLLAR USAGE) DOLLAR USAGE)
a $26,000 k $2,300
b 1,400 l 2,500
c 93,000 m 100,000
d 2,000 n 3,000
e 1,300 o 900
f 22,000 p 96,000
g 1,500 q 3,400
h 3,200 r 29,000
i 2,800 s 3,100
j 800 t 2,600
a. Suggest a system for allocating control time?
- Cycle counting
- ABC analysis
b. Specify where each item from the list would be placed.
Item Class
a (Click to select)CAB
b (Click to select)ABC
c (Click to select)CBA
d (Click to select)CBA
e (Click to select)ABC
f (Click to select)CAB
g (Click to select)BAC
h (Click to select)ABC
i (Click to select)BCA
j (Click to select)BCA
k (Click to select)CAB
l (Click to select)BCA
m (Click to select)BCA
n (Click to select)CAB
o (Click to select)ABC
p (Click to select)ACB
q (Click to select)ABC
r (Click to select)BCA
s (Click to select)BAC
t (Click to select)CBA

Answers

To allocate control time for inventory items, Alpha Products, Inc. can use the ABC analysis system. This system categorizes items into three classes based on their annual dollar usage. Class A items are high-value items that contribute to a significant portion of the company's revenue, and therefore require more control time. Class B items are medium-value items that require moderate control time. Class C items are low-value items that require minimal control time.

Using this system, the items from the list can be placed in the following classes:

a - Class C
b - Class A
c - Class B
d - Class B
e - Class A
f - Class C
g - Class B
h - Class A
i - Class B
j - Class B
k - Class C
l - Class B
m - Class B
n - Class C
o - Class A
p - Class A
q - Class A
r - Class B
s - Class B
t - Class C

By allocating control time based on the ABC analysis, Alpha Products, Inc. can focus on the high-value items that require more attention and allocate less time to low-value items. This will help the company manage its inventory more efficiently and effectively. Additionally, cycle counting can be used periodically to ensure the accuracy of inventory levels for all items.

To know more Alpha Products, Inc. https://brainly.com/question/31311002

#SPJ11

Uma Farms sold the following products during the year Sales Cost of Sales Eggs Chicken 1,560,000 800,000 2.500.000 1.700.000 How much is the total percentage tax due? o

Answers

The sales and cost of sales figures provided relate to revenue and expenses, but do not provide information on applicable taxes, tax rates, or any tax exemptions or deductions.

To calculate the tax due, you would need to know the applicable tax rate and any tax exemptions or deductions that may apply. You may also need to consider factors such as the jurisdiction and type of tax (e.g. income tax, sales tax, value-added tax).

If you have more information, such as the applicable tax rate and any exemptions or deductions, I can assist you in calculating the tax due.

The total cost of sales is 800,000 (for eggs) + 1,700,000 (for chickens) = 2,500,000.

To calculate the gross profit, you can subtract the cost of sales from the sales:

4,060,000 - 2,500,000 = 1,560,000.

Assuming a tax rate of 10%, the total tax due would be:

1,560,000 x 0.1 = 156,000.

Therefore, the total percentage tax due would be:

(156,000 / 4,060,000) x 100% = 3.84%.

Learn more about exemptions here:

https://brainly.com/question/28875581

#SPJ11

cash effects of plant asset transactions are recognized in the statement of cash flows when which of the following transactions occur(s)? (select all that apply).

Answers

The cash effects of plant asset transactions are recognized in the statement of cash flows when the following transactions occur:

Purchase of plant assets for cashSale of plant assets for cashDepreciation expense on plant assets

The purchase of plant assets for cash is reported as a cash outflow under the investing activities section of the statement of cash flows, as it represents a significant investment in long-term assets.

The sale of plant assets for cash is reported as a cash inflow under the investing activities section of the statement of cash flows, as it represents a disposal of long-term assets.

Depreciation expense on plant assets is a non-cash expense that is added back to net income in the operating activities section of the statement of cash flows, as it does not represent an actual cash outflow.

However, it is an important adjustment to reconcile net income with cash flows from operating activities, as it reflects the use of plant assets in the production of goods and services.

To know more about asset transactions refer to-

https://brainly.com/question/14759690

#SPJ11

Complete Question

cash effects of plant asset transactions are recognized in the statement of cash flows when which  transactions occur?

handybrands inc., a consumer goods company, engages in the design, manufacture, sourcing, and sale of apparel essentials in the united states and abroad. they have a very good e-tailing portal. online shopping constitutes 40 percent of their sales. recently, they have faced complaints by customers that orders are not getting processed. the reason was the existence of a website with similar content and an identical domain name. handybrands inc. should take the help of the .group of answer choicesanticybersquatting consumer protection actelectronic signature actcredit card accountability, responsibility and disclosure actidentity theft and assumption deterrence act

Answers

HandyBrands Inc. should take the help of the Anticybersquatting Consumer Protection Act to address the issue of the website with similar content and identical domain name.

The act provides legal remedies to companies whose trademarks are infringed upon by cybersquatters who register or use a domain name that is confusingly similar to the company's trademark. The act enables the company to take legal action against the cybersquatter to recover the domain name and seek damages.

As HandyBrands Inc. has a good e-tailing portal and online shopping constitutes a significant portion of their sales, it is crucial for them to protect their online brand identity and reputation. Taking legal action under the Anticybersquatting Consumer Protection Act will not only help them regain control of their brand but also send a message to potential infringers that they take their intellectual property rights seriously.

To know more about consumer protection act click here

brainly.com/question/14028502

#SPJ11

josh collins plans to buy a house for $319,000. if that real estate is expected to increase in value by 8 percent each year, what will its approximate value be six years from now? (exhibit 1-a, exhibit 1-b, exhibit 1-c, exhibit 1-d)

Answers

The Future value of the house six years from now, assuming an 8% annual increase in value, would be $506,687.30 if the cost of the house is $319,000 at present.

Cost of house = $319,000

Increase in value =  8 percent

Time period = 6 years

To find the accurate value of the house in six years, we can use the present value and future value formula:

Future value = Present value x (1 + growth rate)^number of years

Future value = [tex]$319,000 * (1 + 0.08)^6[/tex]

Future value = $319,000 x 1.58687

Future value = $506,687.30

Therefore, we can conclude that the value of the house six years from now would be $506,687.30.

To learn more about Future Value

https://brainly.com/question/29176925

#SPJ4

The complete question is:

Josh Collins plans to buy a house for $319,000. If that real estate is expected to increase in value by 8% each year, what will its approximate value be six years from now?

the control procedure for separating the duties of the billing and shipping functions is designed to mitigate the threat of:

Answers

The control procedure for separating the duties of the billing and shipping functions is designed to mitigate the threat of fraud and errors.

When the billing and shipping functions are combined or handled by the same person, there is a higher risk of fraudulent activities such as shipping goods to nonexistent customers or billing customers for goods that were never shipped.

By separating these duties and assigning them to different individuals, the organization creates a system of checks and balances that ensures that each transaction is properly verified and recorded. This helps to prevent errors and fraudulent activities from occurring, as multiple individuals are involved in the process and can catch any irregularities or discrepancies.

Ultimately, this control procedure helps to ensure the integrity of the billing and shipping processes and protects the organization from financial losses and reputational damage.

To know more about financial losses refer here: 

https://brainly.com/question/29602673

#SPJ11

Juliette formed a new business to sell sporting goods this year. The business opened its doors to customers on June 1. Determine the amount of start-up costs Juliette can immediately expense (not including the portion of the expenditures that are amortized over 180 months) this year in the following alternative scenarios: a. She incurred start-up costs of $4,200. what amount of start-up costs immediately expensed b. She incurred start-up costs of $45,500. what amount of start-up costs immediately expensed

Answers

When starting a new business, some expenditures can be immediately expensed while others must be amortized over time.To determine the amount that Juliette can immediately expense, we subtract $5,000 from her total start-up costs:
$45,500 - $5,000 = $40,500


If Juliette incurred start-up costs of $4,200, she can immediately expense up to $5,000 of the costs, minus the amount by which the costs exceed $50,000. Since her costs are below $50,000, she can immediately expense the full $4,200. If Juliette incurred start-up costs of $45,500, she can still immediately expense up to $5,000, minus the amount by which the costs exceed $50,000. Since her costs are below $50,000, she can immediately expense the maximum allowable amount, which is $5,000.

Remember that these amounts are not including the portion of the expenditures that are amortized over 180 months

To know more about expenditure  visit:-

https://brainly.com/question/31497984

#SPJ11

.

a(n) is a third-party exchange (a b2b business model) that provides a platform for buyers and sellers to interact with each other and trade more efficiently online.

Answers

A marketplace is a third-party exchange that provides a platform for buyers and sellers to interact with each other and trade more efficiently online.

The marketplace facilitates transactions between buyers and sellers by providing a platform for them to list and search for products or services, communicate with each other, and make payments.

Online marketplaces have become increasingly popular in recent years, as they offer a number of benefits over traditional retail channels.

For buyers, marketplaces provide access to a wider range of products and services, often at lower prices than traditional retail channels.

For sellers, marketplaces offer a cost-effective way to reach a larger audience and expand their customer base.

In addition to facilitating transactions between buyers and sellers, marketplaces also typically provide a range of value-added services, such as logistics and fulfillment, payment processing, and customer support.

These services can help to streamline the buying and selling process and provide a better overall user experience for both parties.

Examples of popular online marketplaces include Amazon, eBay, Alibaba, and Etsy.

However, there are also many specialized marketplaces that cater to specific industries or product categories, such as Houzz for home goods and services or Upwork for freelance work.

To know more about third-party exchange refer here

brainly.com/question/17247235#

#SPJ11

if a majority wishes to abridge rights it, often falls to the _____, which is not designed to be responsive to public desires, to protect those rights.

Answers

if a majority wishes to abridge rights, it often falls to the judiciary, which is not designed to be responsive to public desires, to protect those rights.

The judiciary is tasked with interpreting and upholding the constitution and laws, even if it goes against the popular opinion or desires of the majority. This is known as the principle of judicial review, which ensures that individual rights are not trampled upon by the tyranny of the majority.

The judiciary serves as an independent and impartial arbiter of the law and is responsible for interpreting the Constitution and other laws to ensure that the rights of individuals are protected, even if doing so is not popular or politically expedient.

This concept is a fundamental part of the separation of powers in democratic societies, in which the judiciary serves as a check on the power of the majority and the other branches of government.

To know more about judiciary refer here:

https://brainly.com/question/14305259#

#SPJ11

Question 11 On ABC's balance sheet, the current portion of long term debt rose by $5,000 which would cause cash to decrease. True False Question 12 On ABC's balance sheet, deferrred revenue rose by $4,000 which would cause cash to increase. True False

Answers

The statement "On ABC's balance sheet, the current portion of long term debt rose by $5,000 which would cause cash to decrease" is false because an increase in the current portion of long term debt would not directly cause a decrease in cash.

The current portion of long term debt represents the amount of long term debt that is due to be paid within the next year, and it is classified as a current liability on the balance sheet. If the current portion of long term debt increases, it means that the company has more debt due in the next year. This could lead to higher interest payments and lower cash flow in the future, but it does not directly cause a decrease in cash at the time of the increase.

To know more about balance sheet,

https://brainly.com/question/26323001

#SPJ11

Identify the macro and microeconomic indicators impacted by theoperations of AIRBNB in the USA

Answers

The operations of Airbnb in the USA affects both macro and microeconomic indicators. Macroeconomic indicators are those that measure the overall performance of the economy, while microeconomic indicators measure the performance of specific industries or sectors.

On the macroeconomic level, Airbnb has an impact on GDP, employment, inflation, and consumer spending. GDP is affected by Airbnb because it increases the production of goods and services in the USA, which increases GDP.

It also increases employment by creating jobs in the hospitality and tourism industry. Inflation is impacted as Airbnb puts downward pressure on prices, while consumer spending is increased as Airbnb reduces the cost of vacationing.

At the microeconomic level, Airbnb affects the tourism industry, the hotel industry, local economies, and housing prices. Airbnb increases tourism by providing a cheaper alternative to hotels, which increases the demand for tourist services.

It also affects the hotel industry as it provides a cheaper alternative to hotel stays. Additionally, Airbnb helps to boost local economies through increased spending in the area. Finally, Airbnb can also affect housing prices. As Airbnb provides accommodations in otherwise residential areas, it can drive up rent prices in those areas due to increased demand for housing.

Know more about Tourist services here

https://brainly.com/question/13210791#

#SPJ11

The management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new machinery that should double the production. in the given scenario, the management is in the process of planning the ___________ of the company.

Answers

based on the given information, the management is in the process of planning the operating budget of the company. Thus the correct option is A.

In the given case, it is explained that A $50,000 budgetary reserve is made by the management of a sugar manufacturing company to buy new equipment that will increase production by twice.

The money is necessary for the business to function effectively is referred to as the operational budget. It consists of the expenditures of production, the budget for sales, expenses related to sales, and the costs of administration.

Therefore, option A is appropriate.

Learn more about the operating budget, here:

https://brainly.com/question/29669718

#SPJ1

The complete question is Probably

management of a sugar manufacturing company sets aside a sum of $50,000 in its budget for the purchase of new

machinery that would double the production. In the given scenario, the management is in the process of planning the

of the company

operating budget

Ofinancial budget

Omarketing budget

Ostatic budget

Plant assets should be recorded at cost, including all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use. This would include which of the following costs? Fines incurred for failing to get the correct permits Assembling Testing Repairs necessary for damages incurred during installation Shipping charges

Answers

Plant assets should be recorded at cost, which includes all normal and reasonable expenditures necessary to get the asset in place and ready for its intended use.

Plant assets are recorded at cost, which includes all expenditures necessary to get the asset in place and ready for use. all of the following would be included as part of the cost of a plant asset except: the new plant asset cost to purchase the new plant asset.

Therefore, the costs that would be included are assembling, testing, repairs necessary for damages incurred during installation, and shipping charges. Fines incurred for failing to get the correct permits would not be included as they are not considered a necessary and reasonable expenditure to get the asset in place and ready for use.

For more information on plant assets at cost refer https://brainly.com/question/29408944

#SPJ11

why did the concepts, principles, and techniques of lean emerge and evolve in japan, not in the western countries?

Answers

The concepts, principles, and techniques of lean emerged and evolved in Japan due to their post-World War II economic and cultural circumstances, particularly in the manufacturing industry.

Japan's limited resources and a need to rebuild their economy after World War II led to the development of the Toyota Production System, which emphasized reducing waste and maximizing efficiency in manufacturing. This approach was later coined as "lean manufacturing."

Additionally, Japan's culture of continuous improvement and teamwork also contributed to the development and success of lean principles. The Western manufacturing industry, on the other hand, was focused on mass production and had less of a need for lean principles at the time.

It was not until later that Western companies began to adopt lean principles as a way to improve efficiency and reduce waste.

For more questions like Japan click the link below:

https://brainly.com/question/19171040

#SPJ11

Other Questions
What degrades the organic material in the secondary stage aerobic treatment? a) Use the triangle below to answer questions a) and b). B 10 cm A 14 cm Determine which interior angle of the triangle is the largest, 3m recognizing there is a higher profit margin in the chemical industry compared to the mining industry is a clasic example of:-RBV strategy-IO strategy-Barney's theoretical proposals-Porter's theoretical proposals the diversity, equity, and inclusion (dei) office of a major multinational bank is investigating the process used to make recent hires for financial analysts. the office knows that exactly 10% of all applications were from minority candidates and that exactly 9% of the open positions were filled by members of a minority. for the investigation, the dei office will take a random sample of applications. let ^p be the proportion of minority applicants in the sample.a. Find the mean of ^p.b. Find the standard deviation of ^p.c. Compute an approximation for p(^p < or is equal to 0 09) which is the probability that there will be fewer minority applicants in the sample than were hired by the bank. Give me an example of a misunderstanding you had with a co-worker and how you resolved it. What do we need for FFA synthesis since it is an anabolic reaction? 8. The December 31, 2019 income statement for App Inc. reported $15.5 4 points million of net income, and its year-end balance sheet reported $15 million of retained earnings. The Dec. 31. 2018 balance sheet showed $14 million of retained earnings. The total amount dividends (in millions of dollars) paid to shareholders for the year 2019 is:A.$14.5 millionB.$12.5 millionC.$3.5 millionD.$41.5 millionE.None of the above How many offsets should be used in a cable tray and what is their purpose? Slavery and its legitimacy first became a major issue in the united states following which event?group of answer choicesthe northwest ordinance of 1787the louisiana purchasethe mexican american warthe missouri compromise HOW GIAND4. The circle graph shows the results of a middleschool survey about favorite states to visit onvacation. If 400 students were surveyed, howmany more students favor visiting Florida thanColorado? (Example 2)New York7%Favorite State to VisitOther16%NorthCarolinaColoradoFlorida38%15% California13% In which of these solutions will the weak acid, HF, ionize less than it does in pure water? a. 0.10 M KCI b. 0.10 M NaOH c. 0.10 M NaF d. 0.10 M NaNO An illinois real estate broker is the listing agent for a home. after one month of the three-month listing has gone by without any offers on the property, the broker becomes concerned. at the time the listing agreement was signed, the broker and the sellers orally agreed that if no offers were received after one month, the price of the property would be reduced by 10%. because the sellers are out of town, the broker crosses out the old listing price, writes in the new one, and then updates the information on the computerized listing service. three days later, a prospective buyer comes into the broker's office to make an offer on the property. based on these facts, What would be true? which of the following diseases is/are associated with organ-specific autoimmune disease? systemic lupus erythematosus (sle) juvenile (type i) diabetesautoimmune hypothyroidism and juvenile (type i) diabetesautoimmune hypothyroidism agency _____ decide cases involving alleged violations of the agency's regulations. multiple choice question. rulemakings benefits adjudications The area of a rectangular room is 750 square feet. The width of the room is 5 feet less than the length of the room. Which equations can be used to solve for y, the length of the room? Select three options. y(y + 5) = 750 y2 5y = 750 750 y(y 5) = 0 y(y 5) + 750 = 0 (y + 25)(y 30) = 0 T/FBoth containment and consolidation strategies reduce the number of physical servers in a datacenter. Write a farewell speech to be presented on the graduation day of ss3 You are assisting your instructor, who recently introduced self-paced lessons. The current grade management system cannot handle the many individual grades per lesson. Your instructor assigned you the task of creating the problem statement to provide to the school programmer who will write new software. Use the drop-down menu to organize the steps you will take in writing the problem statement.Clearly state the vision of how grades will be managed in the future.Ask your instructor about the grading problems he is currently experiencing.Work with the programmer to clearly describe the method used for a new self-paced course grade tracker. the stage that learners are aware of their mistakes but do not know how to correct or improve is the stage of model. what's the meaning of FHA REO Client and Intended Use?