Answer:
Reliable but irrelevant
Explanation:
The information is reliable because he is a well known financial advisory but it is irrelevant because what he is talking about wont help Zach as a collage student
Answer:
The answer is reliable but irrelevant
Explanation:
John Kotter’s theory for leading can help business staffs to improve their performance especially in completing assignments and improving teamwork. His theory centers on eight steps:
1. Creating urgency to spur change.
2. Forming a powerful coalition from people of diverse talents.
3. Make a vision of change that would inspire and rally your group.
4. Communicate that vision so that all of you understand what needs to be done.
5. Remove obstacles that would impede your goals.
6. Create short-term wins that would help in the short run but will contribute in the long run.
7. Build on change while the momentum is there.
8. Anchor that change as a model for others to follow.
Answer:
When you are preparing a statement of cash flows, you start with operating income. Operating income is basically net income + adjustments. The adjustments that always increase the cash flows are depreciation expense and amortization expense. Even though they are not actual cash expenses, they reduce taxable income and therefore, total taxes paid.
If Breyer company bought inventory fob shipping point from cellar company for $4,000 cash, including shipping charges. The company that should include these goods in its December 31 inventory is: Breyer should include the 4,000 in its inventory
Breyer company should include the amount of $4,000 which is the amount paid in cash for purchasing or buying from Cellar company in its December 31 inventory.
Reason been that Breyer company has already paid for the goods including the cost of shipping the goods.
Even though the goods were not delivered to Breyer before December 31 but till January 3, Breyer has the right to include the amount of $4,000 in its inventory because the goods is no longer in the seller who is Cellar company possession again and because the goods has been paid for .
Inconclusion if Breyer company bought inventory fob shipping point from cellar company for $4,000 cash, including shipping charges. The company that should include these goods in its December 31 inventory is: Breyer should include the 4,000 in its inventory.
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The inventory should be included in the December 31 inventory of Breyer Company due to the terms of the transaction being FOB shipping point, which signifies that the ownership of goods transfers to the buyer once the goods are shipped.
The inventory should be included in the December 31 inventory of Breyer Company. This is due to the mention that the purchase was made FOB shipping point. FOB stands for Free On Board, which is a term in commercial law. FOB shipping point signifies that the ownership of goods is transferred to the buyer (Breyer Company in this case) once the seller (Cellar Company) ships the goods. Therefore, even though the goods were still on the truck owned by Common Carrier Company and not yet arrived, they should be included in the inventory of Breyer Company on December 31 because it became their responsibility once the goods were shipped.
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