Using the indirect method, the net cash is $93,900
Solution:
Cash flow from Operating Activities
Net Income $85,300
Depreciation Expense $12,000
Gain on Sale of Land ($7,500)
Increase in Merchandise Inventory ($2,050)
Increase in Accounts Payable $6,150
---------------
Net Cash $93,900
Remember:
Increase in current assets (accounts receivables, inventory), it means subtract.
Decrease in current assets, means, add.
Increase in current liabilities (accounts payable, tax liabilities), it means add.
Decrease in current liabilities, means, subtract.
Answer:
C) Lower than desired prices, which increases their sales.
Explanation:
Answer: $60
Explanation:
The optimal price for a monopoly firm is expressed by;
Price = Marginal Cost * ( Own Price Elasticity/ (1 + Own Price Elasticity))
Price = 10 * ( -1.2 /( 1 - 1.2)
Price = 10 * (-1.2/-0.2)
Price = 10 * 6
Price = $60
Answer:
Amount after 5 year will be $1074.5
Explanation:
We have given principal amount P = $600
Time t = 5 year
Rate of interest r = 12%
It is given that amount is compounded semiannually
So time period = 5×2 = 10 period
And rate of interest semiannually will be 
%
We have to find future value after 5 year
Future value is given by 
So 
So amount after 5 year will be $1074.5
Answer:
Mike will be prosecuted by a;
c. a public official
Explanation:
To better answer the question we need to define some key terminologies;
1. Industrial park
An industrial park is an area that is set aside usually in a city for industrial development. Residential and commercial developments are not allowed in these zoned areas.
2. Prosecutor
A prosecutor is a legal representative of the prosecution. The prosecution is the legal team charged with the duty of presenting the case against someone accused of breaking the law.
3. Public official
A public official is any individual nominated or elected to represent the public through the state. Any person who holds a legislative, administrative or judicial post is a public official. They are usually charged with authority to handle certain duties.
In our case, Mike was arrested and charged with the crime of theft. The prosecutor has to be a public official who needs to represent the prosecution in presenting the case against the accused: in this case it's Mike who was accused of theft.
