Answer:
The 2016 operating cash flow is $56,905
Explanation:
The computation of the operating cash flow is shown below:
Operating cash flow = Sales - costs - other expenses - depreciation expenses - taxes + depreciation expense
= $162,500 - $80,000 - $3,300 - $9,000 - $22,295 + $9,000
= $56,905
The interest expense should not be considered in the computation part. Hence, ignored it
Answer:
i think the answer is true
Explanation:
Answer: True
Explanation:
Something that has caught the attention of many has been how electronic money has been used in countries like Kenya and Somalia. A study has confirmed that the use of mobile money has reduced poverty in places like Kenya. Mobile money is defined as money where people can make financial transactions through their phones.
This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.
Answer:
The money invested does not build wealth
Explanation:
