The following selected data pertain to Flagship Corporation: Cash operating expenses July 1-31$180,000 Depreciation 60,000 Merchandise purchases in July 560,000 Estimated payments in July for June purchases 220,000 Estimated payments in July for purchases prior to June 50,000 Estimated payments in July for purchases in July 40%July's cash disbursements are expected to be:
A. $734,000.
B. $404,000.
C. $674,000.
D. $464,000.
E. None of the answers is correct.
Answer: C
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Which of the following lists consists of support activities?
A. customer service, information systems, technology development, and procurement B. human resource management, technology development, procurement, and general administration C. human resource management, customer service, marketing and sales, and operations D. human resource management, technology development, customer service, and procurement
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A) principal portion of the payment. B) interest portion of the payment. C) increase in market value. D) beginning and ending balances.