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
For long-lived assets that have been in use for more than one accounting period, Depreciation Expense on the debit. Accumulated Depreciation on the credit.
Therefore, the entry that was made by the accountant, assets and stockholders' equity will be decreased.
- Depreciation simple defined as the allocation of the cost of a long-lived, tangible asset over its useful life making an expense on the income statement that is matched against the revenue gotten by the use the asset.
The effect of recording depreciation expense on the accounting equation is that Total assets decrease and Total stockholders' equity decreases
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In the scenario in which each parent has just one child who watches sesame street, each parent has a private incentive to contribute 0% during the pledge drive. Public television is nonexcludable, which means that the free-rider problem will emerge, so every parent has an incentive to not contribute in hopes that others will. This is the reason for the 0%.
Answer:
d) steer the economy away from recession and toward growth best describe what central bank uses money policy to do
Explanation:
A key role of the central banks is to conduct monetary policy so as to achieve price stability (low and stable inflation) and to aid manage economic fluctuations.