Answer:
The net cash flow of the year amounts to $32,000
Explanation:
The net cash flow of the year is computed as:
Net cash flow = Net income + Depreciation
= $7,000 + $25,000
= $32,000
Where
Net Income is computed as:
Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense
= $300,000 - $170,000 - $25,000 - $95,000 - $3,000
= $7,000
Answer:
c. personal objectives
Explanation:
Business purchase decision based on personal objectives -
It refers to the practice of establishing the business or any project which is beneficial as being fruitful in personal relation , is referred to as personal objectives .
The method tends to divert to being able to fulfil his or her personal motto .
Hence , from the given scenario of the question ,
The correct answer is c. personal objectives .
Answer:
Librarian
Explanation: Enjoy (っ＾▿＾)۶٩(˘◡˘ )
Answer:
$147,000
Explanation:
According to the historical cost principle, the assets of the company should be recorded at the purchase price or acquisition price in the financial statements
Since in the given situations many values are given with respect to the acquisition done by the seller, for tax turquoises, etc
But it is recorded at the purchase price i.e $147,000
