Answer:
Revenue / Sales
Explanation:
Operating cash flow is net of the cash received from the revenue and paid for the expenses during the year. Increase in revenue will lead to an increase in operating cash flow of a profitable business. Operating cash flow is net of the cash received from the revenue and paid for the expenses during the year. on the other hand the increase in Expenses will result in the decrease in operating cash flows.
Answer:
A trust
Explanation:
A trust is a kind of business that acts as a fiduciary or a trustee of property on behalf of another party.
Typical functions of a trust includes administration and management of the business.
The assets are eventually meant to be transferred to another person.
In the given scenario Hannah is running a hospitality business which she recieve backing from investors.
The investors have entrusted Hannah with the running of the business. So this is a trust
True Because you just swipe the card and the pay your bills
Answer:
Basic earning per share = $3.69
Explanation:
Earning per share (EPS) = earnings available to ordinary shareholders/ number of ordinary shares
Number of ordinary shares = 390,000 × 2 = 780,000 units
Net income 2,900,000
Preferred dividend <u> ( 24,000)</u>
Earnings available to shareholders <u>2,876,000</u>
Number of ordinary shares 780,000 units
Earnings per shares = $2,876,000/780,000 units
= $3.69
Answer:
The Act was introduced to: promote a fair and non-discriminatory marketplace for access to consumer credit
Explanation:
The National Credit Act was enacted on the premise that consumers need to be protected from this practice. The Act thus exerts pressure on the credit lenders to assess the consumer's ability to repay, disclose the cost of credit, as well as setting limit on interest that can be charged.
