Answer:
$563,700
Explanation:
Calculation of cash is as seen below.
Sales revenue. $560,000
Add: Decrease in accounts receivable ($22,500 - $18,800) $3,700
Cash received from customers. $563,700.
Note: other information given in the question are not relevant for the computation of cash received from customers for the year.
Therefore, cash received from customers for the year is $563,700
Answer:
d. All of the last 12 payments he received are taxable.
Explanation:
In the case when the life expectancy is 180 months and collected 192 payments prior he died
So according to the question, all the 12 payments would be received are taxable
Here the payment that received for 180 months would not be involved in the gross income and the remaining 12 payment would be taxable
Therefore the option d is correct
The budget of a government agency may increase beyond its optimal size if:
a. There are infrastructures needed to be built for public use (i.e. hospitals, health centers)
b. There are government programs that are being launched in that particular area.
c. In the event that a calamity struck the region and the people need to rebuild.
These are some of the factors that are considered by the Department of Finance when they allocate budgets for different states.
In a competitive labor market, when the government increases the minimum wage, the result is an increase in the quantity of labor supplied and a decrease in the quantity of labor demanded. More people want to work when there is an increase in what they will be paid for their work. As more jobs are filled and less vacant ones are available the quantity of labor demanded goes down because these people are filling the jobs.
Answer: Material Resource.
Explanation: Material resource are utilities added to an organization that enables the organization to function smoothly and makes it easier for the organization to achieve its goals.
The software added to Mike's company is a material resource that helps the company online sales to be more successful.
