Answer:
$522,000
Explanation:
The computation of the Kendall Ford's total investment spending in 2018 is shown below:
= Dealership spent + repairing cost + unsold cars and trucks were valued i.e closing cost - unsold cars and trucks were valued i.e opening cost
= $20,000 + $2,000 + $900,000 - $400,000
= $522,000
The $600,000 would be ignored and the rest cost are taken for the computation
If you wanted to add up the total economic assets owned by a person or family minus all debts, you would be measuring wealth. Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned.
Wealth is the total value of all valuable assets owned by an individual, community, business, or country. Wealth is calculated by deducting all debts from the total market value of all physical and intangible assets owned. Wealth is essentially the accumulation of scarce resources.
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Answer:
The amount Pharoah should report as net cash provided (used) by financing activities in its 2020 statement of cash flows is $344,000.
Explanation:
Pharoah Corporation
Statement of cash flows (extract)
Proceeds from common stock $256,000
Proceed from bond payable $466,000
Dividend paid ($333,000)
Purchase of treasury stock ($45,000)
Net cash flows from financing activities $344,000
Note that the payment of accounts payable and collection of notes receivable only affect the operating activities section of the cash flows.
Answer:
the value of imports increasing by more than the value of exports at the time of devaluation.
Explanation:
J-curve effect means the starting depreciation effect based on the balance of trade that should be negative also when the imports and the exports adjusted on the long run with respect to the changes made in the prices so the net effect should be positive
So as per the given situation, the above should be the answer