Answer:
Net Cash flow in year 4 $46,140<u>
</u>
Explanation:
Cash flow represent the amount of cash revenue less out of pocket cash expenditures. Non-cash related items are not included.
Year 4 cash flow ;
$
Operating cash flow $58,500
Working capital recouped 4,950
Scrap value 6,090
Tax payable (40%*58500) <u>(23400
)</u>
Net Cash flow <u> 46,140
</u>
Answer:
The answer is A
Explanation:
The loan is an interest only loan since he is only paying the interest potion of 7%
Interest only loan is when the borrower pays only the interest for some or all the term of the loan with no changes in the borrowed amount
Answer:
Which marketing management philosophy focuses on the question, "What do customers want and need?" -do research on its customers, competitors, and markets. -establish and maintain mutually satisfying relationships with customers.
Answer:
D
Explanation:
Firstly, before we answer this question, we need to know what a futures contract is.
A futures contract can be defined as an agreement specifying the delivery of a commodity or a security at an agreed future date and at a currently agreed price.
This means to set a future contract rolling, we need to have an agreed date if delivery and currently agreed price by both parties involved.
Now, to the question, the correct answer is D. He has the obligation to deliver the underlying financial instrument at the specified future date
How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wholesale company?
A general ledger account is used to record transactions that a company has. A trial balance has all of the general ledger accounts listed shows all of the debits and credits that a company has faced. A retail store will have smaller product transactions over a wholesale store due to the wholesale store selling in bulk. There will likely be more credits and debits for a retail store whereas a wholesale store may have more debits as they are less likely to have returns.
How will they differ for a hospital or a government unit?
A hospital or government unit will have vastly different general ledger reports due to the type of agency they are. These transactions will deal more with insurance or big dollar companies rather than individuals on a smaller scale. A trial balance is not a financial statement but it used to show balances that an organization has.
