Which of the following is the proper formula for computing free cash flow?
A) = Net Cash Flows from Investing Activities - Purchases of Plant Assets
B) = Net Cash Flows from Financing Activities + Sales of Plant Assets - Dividends
C) = Net Cash Flows from Investing, Financing, and Operating Activities - Purchases of Plant Assets + Sales of Plant Assets
D) = Net Cash Flows from Operating Activities - Dividends - Purchases of Plant Assets + Sales of Plant Assets
D
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In a job-order costing system, the net cost of normal spoilage is equal to
a. estimated disposal value plus the cost of spoiled work. b. the cost of spoiled work minus estimated spoilage cost. c. the units of spoiled work times the predetermined overhead rate. d. the cost of spoiled work minus the estimated disposal value.
A retailer has a collection period of 30 days. Its net sales equals $1,000,000 . Its accounts receivable _____
a. equals $30,000 b. equals $60,000 c. equals $82,192 d. cannot be determined from the information provided.
In the process of preparing a receiving report, the receiving department should perform all of the following tasks except:
A. inspect and approve quality B. count the quantity received C. compare the completed receiving report to the information stored in the purchase order master data D. compare the vendor's packing slip to a copy of the purchase requisition
Explain the internal forces for change in organizations.
What will be an ideal response?