Answer:
The answer is Balance sheet accounts are overstated and income statement accounts are understated.
Explanation:
Answer:
The dividend the company just paid is $3.53
Explanation:
The solution to the problem is given as follows.
$48.20 = D1/(.1120 − .0360)
$48.20= D1(0.076)
Making D1 the subject of formula we have.
D1 = $3.66
D0 = $3.66/(1 + .0360)
D0 = $3.53
It should be noted that Personal selling requires that sales associates be friendly, knowledgeable, and helpful.
<h3>What is Personal selling all about?</h3>
Personal selling can be regarded as face-to-face selling where someone who is the salesman tries to convince the customer in buying a product.
It serves as a promotional method by which the salesperson uses his or her skills to sell goods.
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Punctuation rule is illustrated by the sentence, Use a semicolon to join closely related independent clauses.
1. Parallelism Is Required for All Punctuation
This means that whenever a comma or a dash is used to break up a main clause, the same punctuation marks must be used both at the beginning and the end of the clause. It further implies that you cannot use a semicolon to distinguish between a single item in a list.
2. Every Clause Needs a Colon at the End
The main clause needs to end with a colon. A colon can be used to introduce a list, elaborate, or restate a sentence if it is already complete.
3. Semicolons Are Used to Emphasize Equally
In a compound sentence, a semicolon can be used in place of a coordinating conjunction to link two related independent clauses.
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Answer:
a. Amount of operating expenses recognized during the accounting period = Account payable closing balance + Cash payment - Opening balance
= $25,000 + $40,000 - $2,000
= $63,000
b. Net income earned during the accounting period = Cash revenue - Amount of operating expenses recognized
= $85,000 - $63,000
= $22,000
C. Amount of cash flow from operating activities = Net income + Increase in current liability
= $22,000 + ($25,000 - $2,000)
= $45,000