The following income statement was drawn from the annual report of Newtown Company: Cash revenue $ 79,000 Depreciation expense (28,800 ) Accrued interest expense (14,000 ) Cash operating expenses (34,400 ) Operating income 1,800 Gain on sale of equipment 3,600 Net income $ 5,400 What is the net cash flow from operating activities

Goods and services that can be used for the same purpose are and goods and services that are used together are

Thomas kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operation. thomas's fastest-moving inventory item has a demand of 6,000 units per year. the cost of each unit is $100, and the inventory carrying cost is $10 per unit per year. the average ordering cost is $30 per order. it takes about 5 days for an order to arrive, and the demand for 1 week is 120 units. (this is a corporate operation, and the are 250 working days per year.)a) what is the eoq? b) what is the average inventory if the eoq is used? c) what is the optimal number of orders per year? d) what is the optimal number of days in between any two orders? e) what is the annual cost of ordering and holding inventory? f) what is the total annual inventory cost, including cost of the 6,000 units?

What is used by accountant to analyze transactions ?