Norman Corp. uses the indirect method to prepare its statement of cash flows. The following information pertains to 2021.
Accounts Receivable was increased by $20,000.
Accounts Payable was increased by $15,000.
Depreciation Expense was $10,000.
Common Stock was issued for $50,000.
Dividend payments to shareholders were $40,000.
Equipment was purchased for $30,000.
Land was sold for $100,000 resulting in a Gain on Disposal of $35,000.
Net income was $200,000.
What should be reported as the net cash provided by operating activities for 2021?
A
$170,000
B
$70,000
$240,000
D
$10,000

Carmen co. can further process product j to produce product d. product j is currently selling for $20 per pound and costs $15.75 per pound to produce. product d would sell for $38 per pound and would require an additional cost of $8.55 per pound to produce. what is the differential revenue of producing product d?

Jaynet spends $50,000 per year on painting supplies and storage space. she recently received two job offers from a famous marketing firm – one offer was for $95,000 per year, and the other was for $120,000. however, she turned both jobs down to continue a painting career. if jaynet sells 35 paintings per year at a price of $6,000 each: a. what are her accounting profits? b. what are her economic profits?

Jimmy's delicatessen sells large tins of tom tucker's toffee. the deli uses a periodic review system, checking inventory levels every 88 days, at which time an order is placed for more tins. order lead time is 22 days. daily demand is a constant 1515 tins, so average demand during the reorder period and order lead time (1010 days) is 150150 tins. draw a sawtooth diagram. assume that the beginning inventory level is equal to the restocking level and the desired service level is 99.9%. what is the safety stock level? (hint: look at the formula for calculating restocking level.) what is the average inventory level? the safety stock level is average inventory level is __chart: time (10,20,30), tins (0,150) lines touching both axisthe safety stock level is 0 tinsthe average inventory level is 75 tins