Answer:
D. $(254100)
Explanation:
CASH FLOW FROM FINANCING ACTIVITIES:
<em>Cash Receipts From:</em>
1. Issuance of Stock $302,500
<em>Cash Paid For:</em>
4. Dividend $(24,200)
10. Repayment of Loan $(532,400)
Net Cash Flow from Financing Activities $(254,100)
2. It is Operational Activity.
3. It is Investing Activity.
5. It is Investing Activity.
6. It is Operational Activity.
7. It is Operational Activity.
8. It is Investing Activity.
9. It is Investing Activity.
Answer:
Both supply and demand are elastic.
Explanation:
Demand or supply elasticity is defined as elasticity or responsiveness with more than one numerical value, which indicates their high response to the change in price.
Elastic demand: It is the percentage change in quantity demanded due to the change in price in absolute value of the product.
The elasticity of supply: It is defined as the response of the quantity of a good supplied to a change in the price of the good. Likely to be positive in output.
FORMULA; Elasticity of supply= 
Due to the decrease in the supply of goods in the market, it leads to the scarcity of goods, therefore there is an increase in the price of goods.
Answer:
The amount of cash for the payment of dividends during the year is B. $40,000
Explanation:
To Determine the amount of cash for the payment of dividends during the year, we open a Dividends Payable T - Account and find the amount via <em>missing figure approach</em> as follows:
Debits :
Cash (<em>Balancing figure</em>) $40,000
Ending of year Dividends Payable $15,000
Totals $55,000
Credits :
Beginning of year Dividends Payable $10,000
Dividends declared during the year $45,000
Totals $55,000
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