Answer:
300+3000+360+450+480+330+600+6600 =12120
12120 x 6000 ÷ 100 = 727 200
Explanation:
Add all expenses but leave out the 6,000 because it's Depreciation.
Answer:
A - Increase the ratio of currency to deposits
Explanation:
when banks are failing people will start having doubts about the banks resulting in not trusting their operations.This occurence will make people keep their monies
Answer:
OPTION C = 51%
Explanation:
<em>Percentage of federal tax revenue which comes out of individuals paycheck</em>
<em>=individual income tax+corporate income tax</em>
given that,
individual income tax=42%
corporate income tax=9%
Hence, Percentage of federal tax revenue which comes out of individuals paycheck
=42%+9%
=51%
Answer:
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $25,400
Adjustment made:
Add: Decrease in accounts receivable $5,000 ($20,000 - $15,000)
Less: Decrease in accounts payable -$450 ($8,750 - $9,200)
Total of Adjustments $4,550
Net Cash flow from Operating activities $29,950