The current sections of cullumber company’s balance sheets at december 31, 2016 and 2017, are presented here. cullumber company’s net income for 2017 was $162,639. depreciation expense was $28,701. 2017 2016 current assets cash $111,615 $ 105,237 accounts receivable 85,040 94,607 inventory 178,584 182,836 prepaid expenses 28,701 23,386 total current assets $403,940 $406,066 current liabilities accrued expenses payable $ 15,945 $ 5,315 accounts payable 90,355 97,796 total current liabilities $106,300 $ 103,111 prepare the net cash provided (used) by operating activities section of the company’s statement of cash flows for the year ended december 31, 2017, using the indirect method. (show amounts that decrease cash flow with either a - sign e. g. -15,000 or in parenthesis e. g. (15,

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting

Horace society is planning its annual western fair raceway gala. the gala committee has assembled the following expected costs for the event: dinner (per person) $10 gaming token and program (per person) $2 prize payouts $4,300 tickets and advertising $800 private box suite rental $1,700 lottery licenses $200 the committee members would like to charge $40 per person for the evening’s activities.required: 1. what is the break-even point for the dinner-dance (in terms of the number of persons who must attend)? 2. assume that last year only 200 persons attended the dinner-dance. if the same number attend this year, what price per ticket must be charged in order to break even? 3. refer to the original data ($40 ticket price per person). prepare a cvp graph for the dinner- dance from zero tickets up to 600 tickets sold.

The purchasing agent for a company that assembles and sells air-conditioning equipment in a latin american country noted that the cost of compressors has increased significantly each time they have been reordered. the company uses an eoq model to determine order size. what are the implications of this price escalation with respect to order size? what factors other than price must be taken into consideration?