Answer: Cash payments made to suppliers were $307,000
Explanation:
In order to find cash paid to suppliers we start from the cost of goods sold, add any increase in inventory to it, subtract any decrease in inventory, add any decrease in accounts payable, subtract any increase in accounts payable.
So 282,000+20,000+5,000= 307,000
Answer:
A)The first cash flow of an annuity due is made on the first day of the agreement.
D)The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Explanation:
An annuity can be regarded as a series of payments which is made at an stable intervals. It can be classified based on the payment frequency. These could be monthly home mortgage payments,
It should be noted that in annuities,
✓The first cash flow of an annuity due is made on the first day of the agreement.
✓The last cash flow of an ordinary annuity is made on the last day covered by the agreement.
Answer:
. C) a drop in the foreign exchange value of the dollar.
Explanation:
An aggregate demand curve can be regarded as a curve that display total spending that is available
domestic goods/services with respect to their price level. the horizontal axis provide the real GDP while price level is displayed by vertical axis. It should be noted that The aggregate demand curve would shift to the right as a result a drop in the foreign exchange value of the dollar.
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Answer:
Revenue/Income; Expenses
Explanation:
Profit or Loss is determined as the difference between the revenue made by a business (also known as its income), and the expenses spent in the process of generating that revenue.
If the difference is positive, the outcome is a profit. If the difference is negative, the outcome is a loss.
