Answer:
$56,950
Explanation:
We will calculate the operating cash flow as follow;
OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)
= {[$224,230] - $170,000} × 0.65 + ($21,700)
= $35,249.5 + $21,700
= $56,950
Therefore, the operating cash flow is $56,950
Answer:
1. Accounts receivable
2. Notes receivable
3. Other receivable
Explanation:
Sold merchandise on account for $64,000 to a customer - Accounts receivable. Since the merchandise is sold on credit to a customer, the same is recorded in the current assets of the balance sheet as accounts receivable.
Received a promissory note of $57,000 for services performed - Notes receivable. Since the promissory note is received for service performed which we term as a note receivable. This also come under the current assets of the balance sheet
Advanced $10,000 to an employee - Other receivables - As an advance is given to an employee neither is an account receivable nor it notes receivable. So, it is term as an other receivable
Increase price value profit becomes higher than price, what happens to a company
Answer:
a) 2.1 billion tons/yr
b) 10.5 billion people
Explanation:
Given:
Total arable land = 1.4 billion
Grain produced by each hectare of land = 1 and 2 tons annually
therefore,
The average Grain produced by each hectare of land =
= 1.5 tons/yr
Therefore,
The total grain produced annually
= average Grain produced × Total arable land
= 1.5 × 1.4 billion
= 2.1 billion tons/yr
b) Sufficient grain for each people = 200 kg
Now,
1 ton = 1000 kg
thus,
2.1 billion tons = 2.1 × 10⁹ × 1000 kg = 2.1 × 10¹² kg
The number of people Earth can support =
or
The number of people Earth can support =
or
The number of people Earth can support = 10.5 × 10⁹ people
= 10.5 billion people
Answer:
Option (A) is correct.
Explanation:
(i) Competitive market
(ii) Single price monopoly
(iii) perfect price discrimination
Consumer surplus are the highest in the perfectly competitive market conditions as compared to single price monopoly because prices are determined by the market forces and firms are the price taker.
Consumer surplus is zero when there is a perfect price discrimination because price is charged according to the willingness of the consumer.