(310-130=180)
debit cash $180; credit Accounts Payable, $180
Hope this helped :) !
Answer:
The 2016 operating cash flow is $56,905
Explanation:
The computation of the operating cash flow is shown below:
Operating cash flow = Sales - costs - other expenses - depreciation expenses - taxes + depreciation expense
= $162,500 - $80,000 - $3,300 - $9,000 - $22,295 + $9,000
= $56,905
The interest expense should not be considered in the computation part. Hence, ignored it
Answer:
Option (d) is correct.
Explanation:
Suppose Deborah gets a sales bonus at her place of work,
Disposable Income, YD = $ 600
Consumption, C = $480
Savings , S = $ 120
Marginal propensity to consumer, MPC:
= Consumption ÷ Disposable Income
= 480 ÷ 600
= 0.8
Therefore, Deborah marginal propensity to consume (MPC) is 0.80
Option (d)
Options:
A. Subjective statement
B. Misrepresentation of a fact knowing that it is false.
C. Puffery
D. Seller's talk
Answer:B. Misrepresentation of a fact knowing that it is false.
Explanation:The misrepresentation of fact is a term used most often in the legal system to describe one of the steps or attitudes of people who are fraudulently inclined and want to go into contracts.
Misrepresentation of fact is an untrue statement or dishonest acts aimed at fraudulently inducing one or more persons to commit to a contract,this type of activity is abnormal and common to people who want to steal.
<span>the process or system by which goods and services are produced, sold, and bought in a country or region.</span>
