Accounting: net cash provided by operating activities under the indirect method?
Cash flows from operating activities Net income $280,000 Adjustments to reconcile net income to net cash provided by operating activities Depreciation expense $70,000 Loss on sale of plant assets $12,000 Net cash provided by operating activities $362,000
Who is "Zillow", are they "steering" the Real-Estate Market?
Thank you....the issue I have a real problem with, is the free advertising Zillow offers Real Estate agents, that appear next to my home's listing. I did not authorize Zillow to list, show, or appraise my home based on their guidelines. My agent uses Zillow to attract interested buyers, but these buyers are presented with Zillow's "Zestimate" long before they make any decision to even physically look at my property. The associated, illustrated graph, shows a market rise, or fall according to Zillow's Zestimation methods. Problem is, when I search for a home 3 blocks from my house, that graph has a different, and sometimes opposite direction! Buyers will use the Zillow tool to denigrate a prospective purchase. In this marketplace, we all need the most accurate, and fair tools available, to assist buyer and seller both. My efforts to find out WHO owns Zillow, or how to locate and actually speak to a representative, have gone unanswered. This is what my questi
What is a sole proprietorship? What are the disadvantages of owning a sole proprietorship?
Sole Proprietorship: – Run by a single person and generally employed in traditional businesses. It is more of a one-man-show which is not scalable beyond a certain point. Furthermore, there is no statute or law governing its registration and functioning. It is suitable for small-medium scale business.Unlimited LiabilityIf a loss is incurred and the proprietor is unable to recover it, the personal assets are pulled into the matter.Separate Legal EntityThe Proprietor is not considered a distinct entity from the business being carried out. Therefore, it cannot buy/sell property, enter into contracts,sue or be sued upon its own name.Perpetual SuccessionThe death, insanity, incapacity, or insolvency of the Proprietor would result in the dissolving of the Proprietorship.Raising funds and Issuing ESOP’sAngels, Seed Funds or Venture Capitalists only fund a Private Limited. ESOP’s are issued only by Private Limited Companies.On the other hand, Sole Proprietorship is tax friendly (comparatively), has minimal compliance and no formal registration process to be carried out.
I need help with this accounting problem?
Shynee Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint products: Sarco, Barco, and Larco. Each of these products can be sold as is, or it can be processed further and sold for a higher price. The company incurs joint costs of $180,000 to process one batch of the raw material that produces the three joint products. The following cost and sales information is available for one batch of each product. Sales Value at Split-off Point Allocated Joint Costs Cost to Process Further Sales Value of Processed Product Sarco $200,000 $40,000 $120,000 $300,000 Barco 300,000 60,000 89,000 400,000 Larco 400,000 80,000 250,000 800,000 Determine whether each of the three joint products should be sold as is, or processed further by computing the incremental profit or loss. (Show all numbers as positive numbers and identify as a profit or loss.) Incremental Profit/Loss Amount Sarco $ Barco $
Can I "NOT" put a previous job on an application?
I got let go from my last job for testing positive for marijuana on a random drug test. On applications, it asks for your previous work experience, starting with your most recent job. I've had two jobs, and I'd like to not have to put the one that I was fired from down on the application. I can just tell them that I haven't had a job in the past year or two because I have been focusing on school. I guess my question is, can I NOT put my last job on the application, and basically pretend that it never happened? Is that okay or even legal? Serious answers, only if you KNOW the answer please. Thanks