Answer:
D. $53,000.
Explanation:
The computation of the ending cash balance is shown below:
Beginning cash balance $95,000
Add: Receipts
Cash sales $418,000
Total cash receipts (a) $513,000
Deduct: Payments:
Cash payment for purchases -$273,000
Cash payment for salaries -$96,000
Other cash expenses -$58,000
Repayment of bank loan -$33,000
Total cash payments (b) $460,000
Net receipts /( payments) (a) - (b) $53,000
Answer:
The reason many consumers have changed their views about the value of online content so that they are now willing to pay small fees for it is that:
The costs and quality of online products and services compare with those in stores. Since online transactions are relatively more secure than physical transactions, people are generally more willing to pay for the secured transactions offered online.
Explanation:
In the modern computer age, many products and services are now being offered online. This makes the physical stores of yesteryears unnecessary. People are even ready to pay some small fee to receive these goods and services through online transactions instead of visiting physical stores to pick their desired products and services. This has reinforced online marketing and delivery of products and services. Many companies are now jettisoning their physical stores to trade online. And customers are finding the experience uplifting, secure, and satisfactory. One can transfer money to distant suppliers of goods and services without leaving their offices and homes. Overcrowding in banking halls and paper expenses are being avoided. Banks are also reducing their physical infrastructure and personnel. These are among the benefits of online content-based transactions.
Answer:
$235,000
Explanation:
The computation of the goodwill amount attributed is shown below:
Common stock $1,660,000
Preferred stock $630,000
Non controlling interest in common stock $415,000
Non controlling interest in preferred stock $270,000
Fair value at acquisition date $2,975,000
Book value $2,740,000 (560,000 + $810,000 + $360,000 + $1,010,000)
Goodwill $235,000
Answer: $4680
Explanation:
The joint cost allocated to Preon will be calculated below as:
Preon's value will be:
= 14000 × $6.00
= $84000
Paron's value will be:
= 28000 × $2.00
= $56000
Total value = Preon's value + Paron's value
= $84000 + $56000
= $140000
The joint cost allocated to Preon will be
= 7800 × 84000/140000
= $4680
Answer:
Cross-cutting issues include gender mainstreaming, community empowerment, sustainability, equity and inclusion, and social accountability.
