This is an example of dividends. Correct answer is B.
        
                    
             
        
        
        
Answer:
The cash balance on November 30 amounts to $155,700
Explanation:
Cash balance on November 30 = Beginning balance + Collection of cash from October sales + Collection of cash from November sales - Payments for October Purchases - Payments for November Purchases
where 
Beginning balance is $13,700
Collection of cash from October sales =  October Sales × % amount collected
                                                                 = $240,000 × 70%
                                                                 = $168,000
Collection of cash from November sales =  November Sales × % amount collected
                                                                 = $240,000 × 1.20 × 25%
                                                                 = $72,000
Payments for October Purchases = October Purchases × % amount paid
                                                         = $70,000 × 65%
                                                         = $45,500
Payments for November Purchases = November Purchases × % amount paid
                                                         = $150,000 × 35%
                                                         = $52,500
Putting the values in the above formula
Cash balance on November 30 = $13,700 + $168,000 + $72,000 - $45,500 - $52,500
= $155,700
 
        
             
        
        
        
Answer:
A) $704,000.
Explanation:
For computing the cash payments we need to calculate the following amounts which are as follows
Total purchases = cost of goods sold + ending inventory - opening inventory
= $720,000 + $188,000 - $200,000
= $708,000
Now cash payment to merchandise is 
= Beginning account payable balance + purchased made - ending account payable balance 
= $80,000 + $708,000 - $84,000
= $704,000
Hence, the correct option is A. $704,000
 
        
             
        
        
        
Answer:
The purpose of this advertising campaign was most likely to <u>get customers to try the new product</u><u>.</u>
Explanation:
Since Wink soda was a new product of Canada Dry, <u>it needed a catchy slogan to create awareness and invite customers to try out the product.</u>
The slogan "Join the cola dropouts", was one that told customers that <u>Wink soda was something different from cola, and should be given a try.</u>
 
        
             
        
        
        
Answer:
$201,000
Explanation:
The computation of net cash flows from operating activities is shown below:-
Beginning Total Assets            $570,000
Ending total assets                   $770,000
Average Total Assets in use    $670,000
($570,000 + $770,000) ÷ 2
Cash return on Asset                    30%
Cash Flow from operating activities  
Average Assets × 25%               $201,000
($670,000 × 25%)
Therefore the Cash Flow from operating activities is $201,000