Answer:
True
Explanation:
The net cash flow for the year can be calculated using the following equation:
net cash flow = net income + accounts payable - accounts receivable
net cash flow = $29,500 + $5,400 - $2,500 = $32,400
We have to subtract accounts payable since they were included in the net income but the cash has not been received yet.
Answer:
sale price is $75,825
Explanation:
given data
profit = $50,000
first mortgage = $21,275
commission = 6%
solution
we have here 6 % commission
so there will be = 100% - 6% = 94 %
and
total profit = profit + commission
total profit $50,000 + $21,275
total profit = $71,275
so sale price will be
sale price =
sale price = $75,825
Answer:
The total effect of the change in the consumption of a commodity that results from a change in the price of a good can be broken down into two effects, namely, the income effect and the substitution effect.
Explanation:
Hope this helps.
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-Miss Hawaii