Answer:
$759,000
Explanation:
Given that,
New stock issues = $1.9 million
Dividend paid in cash during the year = $281,000
The net cash flow provided by financing activities is:
= Million new stock issue increase in cash - Cash dividend decrease in cash + Increase in cash - Decrease in cash
= $1,900,000 - $281,000 + $1,590,000 - $2,450,000
= $759,000
Answer:
B.overstatement of assets and an overstatement of owners' equity.
Explanation:
To recognize depreciation expense,the entries required are
Debit depreciation expense
Credit Accumulated depreciation
The accumulated depreciation is a credit balance in the fixed asset account. Depreciation is also an expense that reduces net income and thus reduces the owners equity.
Hence an mission of the adjusting entry to record depreciation expense will result in an overstatement of assets and an overstatement of owners' equity.
The link between Money Supply and Inflation. ... Increasing the money supply faster than the growth in real output will cause inflation. The reason is that there is more money chasing the same number of goods. Therefore, the increase in monetary demand causes firms to put up prices.
Answer:
The maximum amount that Michel can borrow is 70,000 dollars.
Explanation:
Please see attachment .
Motivation. Theory X<span> assumes that people dislike work; they want to avoid it and do not want to take responsibility.</span>Theory<span> Y assumes that people are self-motivated, and thrive on responsibility.</span>
