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Question 1: Ocean Pines Company had net income $500,000. They also had depreciation expense of $200,000, an increase or (decrease) in accounts receivable of $30,000, and an increase or (decrease) in inventory of $-15,000. Ocean Pines prepares their Statement of Cash Flows using the indirect method. Use this information to determine the dollar value of cash provided or (used) by operating activities. If the total is a use of cash, enter as a negative number. (a negative number for accounts receivable or inventory indicates that the balance decreased)
Prepare a contribution format income statement and compute the degree of operating leverage.c. If you were a member of top management, would you have been in favor of constructingthe new plant?
What is the best course of action when the management of an organization is inefficient and thus results in over-absorption of factory overheads? Explain.
Calculate the price per hour that TDM Temps should charge based on Masters proposal and Calculate the price per hour that TDM Temps should charge to maximize
Calculate the Cost of Goods Manufactured during the period and calculate the Cost of Goods Sold during the period.
Analyse annual reports of your chosen companies in light of the reporting requirements imposed on accountants (conceptual framework) and corporate governance principals from director's perspective.
What is the companys single plantwide overhead rate based on direct labor hours - Determine the total production cost per unit for each product line.
Given the following information, Describe the budget line for consumer. Be sure to label the axis and give a number for vertical and horizontal intercepts. Slope? Meaning?
what is the amount of ending inventory?
Calculate the total compensation of each PCP at the end of the year and what primary care rate (PMPM) will Families First propose to ABC Company?
For purposes of the statement of cash flow, classify each of these transactions as an operating, investing, or financing activity. Additionally, indicate whether the activity is a source of cash or a use of cash.
During a meeting of the management committee of Edsel Corporation, a number of proposals are made to alleviate its weak cash position and improve income.
ACCT20073 - Company Accounting-Central Queensland University-Australia- Prepare the consolidation worksheet entries for 'X' Ltd's group at 30 June 2019.
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