Answer:
$87,000
Explanation:
The computation of the cash provided by operating activities (indirect method) is given below:
Cash flow from Operating activities
Net income $72,000
Add: Depreciation expense $4,000
Add: Current assets decreased $3,000
Add: Current liabilities increased $8,000
Net Cash flow provided by operating activities $87,000
Answer:
40 students
Explanation:
The cost of the bus is $480
For x students, the cost of each ticket will be 35 - 0.30x
The total cost of the tickets for x students will be x(35 - 0.30x)
To find the number of students that will make the cost per student equal to $33, we solve for x:
<u>480+ x(35 - 0.30x)</u> =35
x
480+ x(35 - 0.30x<u>)</u> = 35x
480 + 35x - 0.30x² = 35x
480 = 0.30x²
1,600 = x²
40 = x
The cost per student will be $35 if the number of students is 40; it will be less than $35 if the number of students is greater than 40.
Answer:
Profit will increase by $2.3
Explanation:
Data provided in the question:
If instead of grooming 130130 dogs, he grooms 131131 dogs
Marginal cost = $65.82
Marginal revenue = $68.12
Now,
The effect on his profits of grooming 131 dogs instead of 130 dogs will be:
Change in profit = Marginal revenue - Marginal cost
or
Change in profit = $68.12 - $65.82
or
Change in profit = $2.3
Hence,
Profit will increase by $2.3
Answer: net exports
Explanation:
Balance of payment simply shows the estimation of the inflows and outflow of a nation's money for a certain year. It should be noted that current account of the balance of payment consists of three main components which are the trade in Goods, the trade in services, and the transfer payments.
The trade in goods is segregated into imports and export. This therefore makes the net exports volatile and vital because it has higher share in a current account.
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