Answer:
a. used net cash of $2,000
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net loss -$13,000
Adjustment made:
Add : Depreciation expense $4,000
Add: Decrease in accounts receivable $5,000
Less: Increase in inventory -$8,000
Add: Increase in accounts payable $10,000
Total of Adjustments $11,000
Net Cash flow from Operating activities -$2,000
Answer:
$1,720
Explanation:
Total annual premium for both Karen and Mike = $400 + $600 = $1,000
If they insured both cars with the same company, they would save 15% on the annual premiums -> the annual saving = 15% * $1,000 = $150
We use formula FV to calculate the future value of annual payment:
= FV(rate, number of payment, - payment) = FV(3%,10,-150) = $1,720
Answer: Expropriation
Explanation:
Expropriation means to take possession of a private property for public use.
Expropriation can be defined as the process by which government takes over private owned properties against the wishes of the owners.
Government takes over those properties with the aim of using them to benefit the public. The property owners might be compensated.
The government expropriate private properties sometimes, for infrastructural purpose such as airport, highway and railway.
Expropriated properties are usually taken against the wish of the private owners.
