Answer:
$128,100
Explanation:
PEACH Computer
Statement of cash flow using direct method for the year ended 31 December 2018.
Cash flows from operating activity
Net income. $91,000
Adjustment to reconcile net income to net cash from operations
Depreciation expense. $47,000
Changes in working capital
Decrease in accounts re. $4,200
Increase in inventory. ($18,500)
Decrease in prepaid rent $1,700
Increase in accounts Payable $6,500
Decrease in Income tax Payable ($3,800)
Net cash flow from operating activities
$128,100
Under the CAPM, all investors hold the market portfolio because it is the optimal risky portfolio. Because it produces the highest attainable return for any given risk level, all rational investors will seek to be on the straight line tangent to the efficient set at the steepest point, which is the market portfolio. Branliest would be nice (:
Answer:
The correct option is (b)
Explanation:
Private carrier is an organization that transports only the products produced by firm that own it.
Such organization's primary business activity is not transporting products from one place to another. In other words, these carriers do not transport goods of other companies.
Companies find having their own carriers cost effective as compared to hiring one.
Therefore, private carrier is a trucking operation that transports goods for the firm that owns it.
