Answer:You are so right I can't learn anything either Good day
Explanation:YOU CHOOSE THE SMARTEST
Answer:
Gross Margin = $6,000
Explanation:
Gross margin refers to the Sales price - Direct cost associated with the product.
Here, Sales Value = 200 outdoor planters for $50 each = $50
200 = $10,000
Cost associated with this outdoor planters = Purchase cost as paid to supplier = $4,000
Thus, gross margin = $10,000 - $4,000 = $6,000
Note: Time period and dates provided for such sales and collection of amount or payment to supplier is of no relevance.
Final Answer
Gross Margin = $6,000
Answer:
$9,000
Explanation:
The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.
The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.
The net cash flows from operating activities using the indirect method
= -5000 - 20,000 + 10,000 + 25,000 - 1,000 (all amounts in $)
= $9,000
This represents a net inflow.
Answer:
Yes
Explanation:
There was an agreement or promise between Brett and Natalie which made Brett purchase the materials with his own money
Suppose the fed sells $50 million of government securities to the bank of America. complete the sentences. the fed's total assets increase by $50 million and its total liabilities do not change.
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What are liabilities?</h3>
- A liability is defined in financial accounting as the future forfeitures of economic benefits that an entity must make to other entities as a result of previous transactions or other previous events, the resolution of which may result in the transfer or use of assets, the provision of services, or another future yielding of economic benefits.
- Financial accounting liabilities might be based on equitable duties or constructive obligations rather than having to be legally enforceable.
- A responsibility based on moral or ethical principles is referred to as an equitable obligation.
- Contrary to an obligation that is founded on a contract, a constructive duty is one that is suggested by a particular combination of circumstances.
To learn more about the liability, refer to the following link:
brainly.com/question/24534918
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