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Bas_tet [7]
3 years ago
13

A review of Munchen Corporation's financial statements reveals the following information: cost of goods sold: $100,000; decrease

in inventory: $5,000; increase in accounts payable: $10,000. Cash paid to suppliers was _________.
Business
1 answer:
drek231 [11]3 years ago
8 0

Answer:

The Cash paid to suppliers was $85,000

Explanation:

Data provided in the question:

Cost of goods sold = $100,000

Decrease in inventory = $5,000

Increase in accounts payable = $10,000

Now,

Cash paid to suppliers will be

= Cost of goods sold - Decrease in inventory - Increase in accounts payable

= $100,000 - $5,000 - $10,000

= $85,000

Hence,

The Cash paid to suppliers was $85,000

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If bids on keywords in a bid strategy are manually overwritten, how long will it take for the bid strategy to resume bidding on
muminat

Answer: 24 hours

Explanation:

When the max CPC is manually overriden, the new max CPC will remain for 24hours, this would make the search Ads 360 optimization system not to update the max CPC during this time. After 24hours margin, the search Ads 360 will resume optimizing your bids inorder to meet the goals of bid strategy in turn starts the max CPC manually.

5 0
3 years ago
The following information is available for Birch Company at December 31: Cash in registers $ 2,910 Investment maturing in 9 year
yan [13]

Based on the various account balances that Birch Company has, they should report a total of<u> $38,061 </u>for Cash and Cash equivalents.

Cash and Cash Equivalents are the actual cash that a company holds as well as those that can readily be converted to cash.

They include:

  • Actual cash
  • Cash in bank
  • Cash in petty cash
  • U.S. Treasury bills
  • Money market funds

The total of cash and cash equivalent here are:

<em>= Cash in registers + Cash in bank + Cash in petty cash + U.S. Treasury bills</em>

= 2,910 + 23,631 + 320 + 11,200

= $38,061

In conclusion, Birch Company has Cash and Cash Equivalents of $38,061.

<em>Find out more at brainly.com/question/9505730.</em>

3 0
2 years ago
Please answer the following questions to describe an instance in which you, an acquaintance, or family member has experienced an
AlexFokin [52]

Answer:

The externality that affected me was the U.S. recession of 2018.  

Explanation:

The externality is the term that refers to a variation in a outside factor that end up affecting persons involve in a business that is not related directly to the outside factor that changed.

1. The 2008 recession made harder for me to get a job in the restaurant sector even though the prices of the restaurants and hotels continued to be the same, many person have to cut their expenditure in tourism as the recession significantly impacted the financial institutions and many persons were laid off from their jobs which decreased consumption.  

2. The effects of the recession were: increase in the unemployment, decrease in the consumption, increase in foreclosures.  

3. I experienced decrease in my quality of life as it was harder for me to keep a job for a long time. Most of jobs were part time therefore it was a time where I have to live on my savings.

4. Pollution is best reduced if companies take conscience of the fact that they have a greater impact on the environment than individuals. This will lead to better business practices in the manage of residuals and raw materials.  

5. A positive externality can create a bubble in the prices and overestimate the actual value of an asset e.g. cryptocurrencies bubble was a positive effect for some investor that really knew the value of this securities but in the long run it created a bubble and people that did not know about cryptocurrencies invested and lost most of their money.

3 0
4 years ago
Which of the following represents a potential problem for Kantian deontology?
Alexus [3.1K]

Answer: D Feelings have no place in ethical discussion

Explanation:

Sophia/Snhu

7 0
3 years ago
when the savings and loan industry collapsed in the 1980s, all of the big accounting firms, except for arthur andersen, experien
Goshia [24]

All major accounting companies, with the exception of Arthur Andersen, experienced significant losses when the savings and loan sector collapsed in the 1980s since they were in charge of performing audit work on failing financial institutions.

The first significant financial crisis following the Great Depression was the Savings and Loan Crisis of the 1980s and 1990s. Customers and taxpayers suffered as a result of the crisis, which saw thousands of savings and loan organizations close their doors and billions of money wasted. There were 4,039 savings banks in operation in 1980, and between 1980 and 1994, over 1,300 of them collapsed. The fund that protected the deposits of savings banks was destroyed as a result of the high percentage of failures, and the remaining institutions as well as the taxpayers were hit hard by the costs.

The United States had a financial crisis in the 1980s as a result of both rising high-yield debt instruments, or "junk bonds," and surging inflation. As a result, more than half of the country's Savings & Loans institutions failed. The origin of the S & L crisis was the 1934 expansion of federal deposit insurance to S & Ls. Because all S & Ls paid the same insurance premium rate regardless of how safe or dangerous they were, deposit insurance was actuarially unsound from the start.

Learn more about the loan sector collapsed:

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#SPJ4

8 0
2 years ago
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