Answer:
Net Increase in cash = $124,200
Explanation:
Note: The correct value for Year 2021 inventory is $510,300 not $10,300.
Also note: See the attached excel file for the statement of cash flows for 2022.
In the attached excel file, the following workings are used:
Workings:
w.1: Increase in accounts receivable = Account receivable in 2022 - Account receivable in 2021 = $237,600 - $205,200 = $32,400
w.2: Decrease in inventory = Inventory in 2022 - Inventory in 2021 = $450,900 - $510,300 = -$59,400
w.3: Decrease in accounts payable = Accounts receivable 2022 - Accounts receivable 2021 = $105,300 - $116,100 = -$10,800
w.4: Disposal of land = Land in 2021 - Land in 2022 = $270,000 - $216,000 = $54,000
w.5: Purchase of equipment = Equipment in 2022 - Equipment in 2021 = $702,000 - $540,000 = $162,000
Answer:
If the movie 'Finding Nemo' were scientifically accurate, Nemo's dad would have become female after Nemo's mom died. Then he would have mated with his son.
Explanation:
Answer: 2. biased; the question encourages a certain response.
Explanation:
The question is biased because it already makes assumptions of the two activities.
It labels football games as EXCITING whilst asking if one would 'SIT THROUGH' choir recitals which is a way of saying that the choir recitals are BORING.
This question therefore elicits a certain response as most people would go with the Exciting activity so as not to be seen as boring people who would go to choir recitals.
Answer:
A receivable.
Explanation:
Mild Max Cycles had a notes receivables, which it already discounted with some financial institution, which later on the maturity date stand to be dishonored.
It is clear that the company earlier already collected the money against it, but now as the note receivable was discounted with recourse that is it provided assurance to the financial institution, in case of any failure, thus, the company will pay back to the financial institution and that the company still have the right to receive it back from the note receivable.
Answer:
Mutual assent.
Explanation:
Since Linda is not yet 18 years old her parents should give assent on the contract of sales trainee.
