The net income reported on the income statement for the current year was $250,000. depreciation recorded on fixed assets and amortization of patents for the year were $40,000 and $9,000, respectively. balances of current asset and current liability accounts at the end and at the beginning of the year are as follows: end beginning cash $ 50,000 $ 60,000 accounts receivable 112,000 108,000 inventories 105,000 93,000 prepaid expenses 4,500 6,500 accounts payable (merchandise creditors) 75,000 89,000 what is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?

Which of the following is an example of formal management controls? answers: a firm's culturethe willingness of employees to monitor each otherbudgeting and reporting activitiesmanagerial motivation

Answer the following questions using the information below: southwestern college is planning to hold a fund raising banquet at one of the local country clubs. it has two options for the banquet: option one: crestview country club a. fixed rental cost of $1,000 b. $12 per person for food option two: tallgrass country club a. fixed rental cost of $3,000 b. $8.00 per person for food southwestern college has budgeted $1,800 for administrative and marketing expenses. it plans to hire a band which will cost another $800. tickets are expected to be $30 per person. local business supporters will donate any other items required for the event. which option has the lowest breakeven point?

The advertisement demonstrates a popular way companies try to sell a product. what should consumers consider when it comes to the price of this product? it includes shipping and handling costs. it takes into account maintenance costs. it explains why this price is a good deal. it makes the full cost appears lower than it is.