Answer: $185,500
Explanation:
Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed
= $362,000 - $46,400 + $42,000 + $30,000
= $387,600
Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance
= $200,000 - $38,600 + $28,100 + $2,700 + $9,900
= $202,100
Ending cash balance = Total cash received - Total cash disbursement
= $387,600 - $202,100
= $185,500
Answer:
$90
Explanation:
Hollister has an offer of 10% savings for every purchase.
Jason buys clothes for $100. His savings will be 10% of $100
=10/100 x100
=0.1 x 100
=$10
Jason will pay
=$100 - $10
=$90
Jason will pay $90
Answer:
3.13%
Explanation:
The dividend yield refers to the payment by a company to its shareholders for their shareholding divided by current stock price of the company. This is usually expressed as a percentage and can be calculated for this question as follows:
Dividend yield = Dividends per share (DPS) ÷ Market price per share (MPS) = $2.05 ÷ $65.55 = 0.0313, or 3.13%.
Answer:
The statement is: False.
Explanation:
A bundle of resources has three characteristics: valuable (<em>the resource helps the company to pursue its objectives and is priceless for consumers</em>), rare (<em>limited competition</em>), and inimitable (<em>resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive</em>).
Being<em> imitable </em>is the opposite of what a bundle of resources should be.
