Answer:
$9340
Explanation:
The amount of cash received from customers to be shown under operating activities is computed using the below formula:
Cash from customers=credit sales+decrease in accounts receivable-uncollectible accounts expense
credit sales=$9,120
decrease in accounts receivable=$2,720-$1,760=$960
uncollectible accounts expense=$740
cash received from customers=$9,120+$960-$740
cash received from customers=$9340
Answer:
A)
Explanation:
Based on the scenario being described within the question it can be said that the type of unemployment that best describes this would be Cyclical Unemployment. This term refers to unemployment that is caused when the overall demand that exists in a market for the goods and services cannot support full employment within the economy. Such as in this case since the economy is weak and ultimately caused these individuals to lose their jobs.
Answer:
D) $2,900.
Explanation:
The computation of the net income is shown below:
= Revenue on account - Expenses for the period
= $5,000 - $2,100
= $2,900
To determine the net income we subtract the expenses incurred for the period from the revenues so that the accurate amount could come.
This net income would be reflected at the time of preparing the retained earning statement
My answer will be E all of the above. I hate credit card debit
Answer:
The correct answer is: add exports but subtract imports in calculating GDP.
Explanation:
National income refers to the production of goods and services by the residents of a nation within the geographical boundaries of a nation in a given period.
In the calculation of national income, net exports are included. This net export is the difference between exports and imports. In other words, we can say that exports are added and imports are included.
