Answer:
$1,160,000.00
Explanation:
The amount of cash received during the year is the total sales revenue minus the increase in accounts receivable which is the credit sales upon which payment was not received as well as the decrease in unearned sales revenue which is the sales revenue recorded in the year but its cash was received in the prior year.
Amount of cash received during the year=$1,200,000-$25,000-$15,000=
$ 1,160,000.00
The decrease in unearned sales revenue would a debit to unearned sales revenue and a credit to sales revenue, hence it has increased sales revenue
Answer:
Answer to the first part is, Life long learning means actively engaging in learning and understanding from new experiences and scenarios. It is an Ongoing, Voluntary and Self-motivated process.
Answer to the second part is No. Not all successful people have college degrees.
Answer to the third part is discussed below.
Answer to the fourth part is discussed below.
Explanation:
3rd part:
Pros:
- You can get the access to all the required resources
- You can learn from the academics who have mastered their subjects
- There is a precise and clear syllabus and a framework in all the subjects you learn
Cons:
- The knowledge is mostly theoretical and may have significant discrepancies with the practical real-world scenarios
- you get specialized in a one filed of studies and you learn only about that stream
- Remember that old saying "Experience is better than Education?"
- It can be really expensive
<u>Alternatives to Going to college</u>
- Start a small business
- apprenticeships or fellowships
- Volunteer in various social and private endeavors and projects
- Join the military perhaps?
4th Question
It is a good idea to go to college if you have satisfied all the qualifications to enter college and if you have enough money. However, if you can't, then that is completely ok too!
Life is not about spending 4 years studying a specific subjects in a college. Most often, the most successful and the wealthiest people have never set a foot on a university! Learning from Experience, commitment, self motivation and good attitudes are all you need if you truly want to be successful and happy in life!
and the other part, Is college education the only way to continue to learn?
Of course NOT!! back at the early days this statement was true as most of the universal knowledge was centralized within universities and academics. But this is the 21st century and the dawn of the digital era has connected everyone and everything.Knowledge has now become accessible to anyone with a computer and an internet connection! It is no longer centralized inside colleges! All you require is a bit of self-discipline, curiosity and motivation!
Answer:
The incremental earnings are $<u>0.4251</u>
Explanation:
All those costs that are incremental costs that arise on the following principal:
"If we take decision, there is a cost and
If there is no decision, there is no cost."
This means that:
Incremental cost = Cash flow due to taking decisions less Cash flows due to not taking decisions
Incremental Earnings Forecast ($ million) ($ million)
Gross Profit of Mini Mochi Munch
Year 1 10.1 * 34% 3.434
Year 2 8.1 * 34% <u>2.754 </u> 6.188
Gross Profit of Other products
Year 1 2.1 * 23% 0.483
Year 2 2.1 * 23% <u> 0.483 </u> 0.966
Advertising cost <u> (</u><u>6.5</u><u>)</u><u> </u>
Net Operating Cash Flow 0.654
Tax at the rate 35% <u>(0.2289)</u>
Net Cash flow <u> 0.4251 </u>
All the money available in the United States is called Money Supply or could be the economy.
Answer:
The company or government goes into debt to those who purchase the bonds.( B.)
