Answer:
I think ur answers are A, B, and C.
Explanation:
Hope this helps!
The primary purpose of the Statement of Cash Flows is d) to provide information about a firm's cash inflows (receipts) and outflows (payments).
Answer:
(D) contra asset, expense
Explanation:
Accumulated depreciation is a contra asset. When preparing ledger accounts, it will be credited hence will have a credit balance.It is also recorded in the balance sheet. On the other hand, depreciation expense is considered an operating expense. It is included as an item in the income statement when calculating a business's net income.
First calculate the amount financed
Amount financed=725−50=675
The formula is
I=(2yc)/(m (n+1))
Solve for c to get
C=(I×m×(n+1))/2y
C=(0.14×675×(24+1))÷(2×12)=98.44
Total of payments=675+98.44=773.44
Monthly payment is
773.44÷24=32.23
Hope it helps!
Answer:
b. $102
Explanation:
Data provided as per the question below:-
Cost of basket in 2014 = $51
Cost of the basket in base year = $50
The calculation of the value of the CPI is shown below:-
Value of the CPI = (Cost of a basket in 2014 ÷ Cost of a basket in the base year) × 100
($51 ÷ $50) × 100
= $102
Therefore for computing the value of CPI we simply applied the above formula.
