Answer:
Total Assets=$18,170 Networth=Assets-Liabilites=$15,855
Total Liabilties=$2,315 Cash Outflows =$3,925
Cash Inflows=$0
Explanation:
Total Assets
Checking Account 450.00
Savings Account 1,890.00
Automobile 7,800.00
Loan payment (80.00)
Household Possession 3,400.00
Stereo Equipment 2,350.00
Computer 1,500.00
Stock Investment 860.00
18,170.00
Total Liabilties
Loan 2,160.00
Credit balance 235.00
Loan payment (80.00)
2,315.00
Networth=$18,170-$2.315=$15,855
Cash Outflows
Rent 650.00
Salaries 1,950.00
Food 450.00
telephone 65.00
Insurance 230.00
Electricity 90.00
Lunch/Parking 180.00
Donation 70.00
Purchase 110.00
Restaurant Spending 130.00
3,925.00
Cash Inflows=$0
Answer:
The amount of the net new equity raised during the year is $34,000.
Explanation:
Net new equity = total equity - common stock - paid-in surplus - (retained earnings + net income - paid dividends)
= $142,430 - $55,000 - $11,200 - ($48,420 + $26,310 - $32,500)
= $34,000
Therefore, the amount of the net new equity raised during the year is $34,000.
Answer:
Income effect
Explanation:
The effect is because the customer purchasing power has been changed due to which he is now able to buy more to fulfill his needs and wants. The income effect occurs due to two reasons.
Number 1. The real income of the person has been increased which means his purchasing power has been increased. This means previously you were earning $2000 a month and now you are earning $10000 a month. Now you can buy New Iphone every month because your real income has been increased and this has increased your purchasing power.
Number 2. The price of the product has been fallen and now it is in range of the purchasing power of the customer. This means that if Iphones 11 are available at $100 then everybody buy Iphone 11. This is because the product is in the range of purchasing power of greater number of customers.
Answer: The third option (option C) is the right answer.
Explanation:
The paragraph which has the best coherence is option C. This is because in the case of the third option, it explains that the flow of ideas is constant from one sentence to another.
The first sentence serves as an introduction which talked about the reasons why duties should be divided based on each member’s expertise. The sentences moved smoothly and also logically from one sentence to another sentence. An example is the sentence that “if your company does not have a public relations executive…..”. This should logically proceed the sentence that says that communication ought to be overseen by the director of PR.
This shows that the third option possesses a consistent and logical train of thought as well.
