Answer:
$26,000
Explanation:
Joy Elle’s Vegetable Market
Cash flow from Financing Activities
Issuance of Stock $50,000
Less: Repaid Note payable $22,000
Less: Paid Dividend <u>$2,000</u>
Net Cash provided by financial activities <u>$26,000</u>
-Acquired land by issuing common stock is a Non cash investing and financing activities under cash flow
-Sold a long-term investment for cash is an investing activities under cash flow
-Acquired an investment in IBM stock for cash is an Investing activities under Cash flow
Answer:
1,C. Fixed
2.D. Variable
Explanation:
A fixed-rate loan has an interest rate that doesn't change throughout the life of the loan. Because the rate remains the same for the entire term, the monthly loan payment shouldn't change, resulting in a relatively low-risk loan. As you compare loan options, note whether or not loans feature fixed rates
.A floating interest rate, also known as a variable or adjustable rate, refers to any type of debt instrument, such as a loan, bond, mortgage, or credit, that does not have a fixed rate of interest over the life of the instrument.
Answer:
Marigold Corp.
The amount received from Bramble is $4,508.
Explanation:
a) Computation of Amount Received:
Jan. 15 Sales = $5,700
Jan. 20 Returns (1,100)
Balance due $4,600
Jan. 24 discount ($92)
Cash collected $4,508
b) Discount allowed = 2% of $4,600 = $92
c) This is in accordance with the trade terms 2/10, n/30, which allows a cash discount of 2% if payment was made within 10 days from the date of purchase, with the last allowed credit within one month. From January 15 to January 24 is 10 days. So, the cash discount of 2% applies on the balance due after the sales returns.
Answer:
Generic competition is competition among different products that solve the same purpose while enterprise competition is am orderly established business with limited liability of another person. The main difference between the two is that generic is rivalry among similar businesses while enterprise is the company itself.
The resource that is sustainable is Sunlight
