Answer:
Cash inflows for the year is $14,369.00
Explanation:
Cash inflows in year comprise of the cash revenue and the portion on revenue on account(accounts receivable), received in the course of the year.
Cash revenue=$7,682
Cash collections in respect of accounts receivable= $6,687
Cash inflows during the year=$7,682+$6,687=$14,369.00
The balance yet to be collected and expected to be collected in year 2 is the difference between the cash collections and total accounts receivable
balance of accounts receivable =$12,117-$6,687=$5,430.00
Answer:
1) country A has a comparative advantage in production of capital goods.
2) for country A 24 units of food can be traded for 10 units of capital goods,
for country B 30 units of food can be traded for 10 units of capital goods.
Explanation:
country A has a comparative advantage in production of capital goods because they have been able to produce more capital goods with the same amount of input (worker) than country B.
For country A, 120 units of food = 50 units of capital goods, therefore
10 units of capital good will be traded for (120 x 10)/50 = 24 units of food.
for country B 90 units of food is equivalent to 30 units of capital goods, therefore,
(90 x 10)/30 = 30 units of food
Dose it say how much you will make
Explanation:
Answer:
Debit Accounts Payable $200; credit Merchandise Inventory $200
Explanation:
The journal entry is shown below:
Account payable A/c Dr $200
To Merchandise Inventory A/c $200
(Being the returned inventory is recorded)
For recording this journal entry we debited the account payable as it reduced the liabilities and at the same time it also reduced the asset so that the proper posting could be done
Answer:
Go Green and Save Greenbacks!
Explanation:
For a headline to grab a prospective customer's attention it should be catchy, carry it's meaning in a short easily remembered statement.
Among the options given Go Green and Save Greenbacks! is the best option.
Go Green means reducing impact on the environment. It refers to sustainable business practice.
Save Greenbacks means to save money.
Ao this statement conveys the message in a short and concise manner.
