Answer:
$36,000
Explanation:
Net Cash = Net Income for 2016 - Accounts Receivable + Decrease in inventory + Depreciation expense - Gain on sale of equipment
=> Net Cash = $40,000 - $ 4,000 + $2,000 + $3,000 - $5,000
=> Net Cash = $36,000
Answer:
Sole ownership
Explanation:
Sole Ownership is a term that describes a form of property ownership whereby the ownership or interest in a property is completely owned by a single person. Also, the sole ownership of property can be acquired in some other ways, such as transfer of ownership or statutes of intestate succession.
Hence, in this case, If Garnett dies, the type of ownership Kennedy now have is called SOLE OWNERSHIP
Answer:The answer is A
Explanation:The one that is not commonly contacted by Typical investors to purchase stocks or bonds are : REALTORS
The investors will approach realtors if they want to invest their equity on properties such as land, houses , or apartment
Party A has agreed to exchange $1 million U.S. dollars for1.21 million Canadian dollars. This agreement is called a swap.
<h3>
What is swap?</h3>
An agreement for a financial exchange known as a "swap" calls for one of the two parties to commit to making a given number of payments at a specified frequency in exchange for the other party making a different set of payments. These flows often react to interest payments based on the swap's nominal amount.
<h3>
What is the advantage of swap contract?</h3>
Through the use of swap, one can gain access to new financial markets for funding by analyzing the comparative advantage that the other party has in that market. As a result, exchange fully utilizes the comparative advantage that parties possess. As a result, money can be collected at a lower cost from the best source available.
Learn more about Swap: brainly.com/question/14990076
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Answer:
Total Inventory $899,000
Explanation:
Inventory at hand $725,000
Inventory in transit $102,000
Inventory in consignation $72,000
Total Inventory $899,000
<u>Notice:</u>
<em> The first cargo </em>is under term FOB destination, which means the goods are still property of the seller, so are not part of Beck company's yet.
<em>While the second cargo</em> is fob shipping point, Beck assume possesion of the gods as soon as they enter the dock.