The stock market is where shares of public limited companies are traded. An example is the New York stock exchange.
Answer:
Generic Brand
Explanation:
Based on the scenario being described it can be said that the brand that DeAngelo seems to have bought is known as a Generic Brand. These are a product brand that is distinguished by it's absence of any brand name on the package and instead it's package only defines it's characteristics. They usually are the cheapest option and compete with more expensive branded products.
Answer:
350,000 net income
+69,700 depreciation
+13,300 loss on disposal
433,000 adjusted income
no change in working capital
cash generated from operating activities 433,000
Explanation:
We need to remove from the net incoem the non-monetary terms
The depreication is an accounting concept, it doesn't involve cash disbursements, so it is added.
Also the los son disposal doesn't involve using cash so is also removed.
Rule:
to remove a non-monetary expense we should add it.
to remove a non-monetary gain we should decrease it.
Answer:
sales budget for January and February are given below
Explanation:
given data
luggage sets = 1700
sell = $180 each
luggage sets = 2050
sell = $180
to find out
sales budget for January and February
solution
Sales Budget
January February
Budgeted luggage sets to be sold 1,700 2,050
Sales price per unit 180 180
total sales 306000 369000
here sale is sold Budgeted luggage × Sales price
