What should the presenter do before the presentation to ensure the effectiveness of the visual aids during the presentation?
The presenter should ensure that the image is readable from every seat and that neither the presenter nor the projector blocks anyone's view. The presenter should ensure that the equipment is in top working order, that he or she knows how to use the equipment, and that there is aback-up in place (e.g., handouts).
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What negative consequences can result from miscalculated depreciation?
Assume that the balance of accounts payable does not change during a period. When preparing a statement of cash flows, an increase in ending inventory over beginning inventory will result in an adjustment to net income under the indirect approach because
a. the amount of cost of goods sold is equal to the amount of cash paid for purchases. b. consumed inventory is an expense but not a use of funds. c. the amount of cost of goods sold on an accrual basis is less than the amount of cash paid for purchases of inventory. d. the amount of cash paid for purchases of inventory is less than the amount of cost of goods sold on an accrual basis.
Subsequently, the marketing department revised its figures for cash collections. New data are as follows: $57,000 in July, $56,000 in August, and $44,000 in September. Based on the new data, calculate the new projected cash balance at the end of September.
Jager Corp. has prepared a preliminary cash budget for the third quarter as shown below:
A) $27,500
B) $13,000
C) $19,000
D) $22,800
Bradley Corporation has three production departments A, B, and C. Bradley Corporation also has two service departments, Administration and Personnel. Administration costs are allocated based on value of assets employed, and Personnel costs are allocated based on number of employees. Assume that Administration provides more service to the other departments than does the Personnel Department. Dept
Direct Costs Employees Asset Value Admin. $900,000 25 $450,000 Personnel 350,000 10 600,000 A 700,000 15 300,000 B 200,000 5 150,000 C 250,000 10 800,000 Refer to Bradley Corporation. Using the step method, what amount of Administration costs is allocated to Personnel (round to the nearest dollar)? a. $72,973 b. $291,892 c. $145,946 d. $389,189