Answer:
The correct answer is Net cash= 96.100,00
Explanation:
Depreciation expenses must be added back to net income.
Also, Increase in accounts payable is added to net income
Gain on sale of land and Increase in merchandise inventory are subtracted from net income
So,
Indirect Method
Net income 86.300,00
Depreciation expense 13.000,00
Increase in accounts payable 7.150,00
Gain on sale of land (7.300,00)
Increase in merchandise inventory (3.050,00)
Net cash 96.100,00
Answer:
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Answer:
b. $765000
Explanation:
Depreciation is a non-cash item and as such will not be considered in the computation of the amount to be disbursed in the month.
Given that the company pays for 70% of its purchases in the month of purchase and the remaining 30% in the next month for direct materials, it means the company will pay 70% of the material purchase in August and 30% of July's purchase in August.
Hence, The budgeted cash disbursements for August are
= 70% * $530,000 + 30% * $370,000 + $160000 + $73,000 + $50,000
= $765,000
Answer:
The correct answer would be option B, Stocks.
Explanation:
Craig is a 25 year old young boy who wants to invest his savings somewhere. So his financial planner suggests him to invest in aggressive investment options. Aggressive investment approach involves investing in such options that would give greater returns by taking higher degree of risks.
So the investment option in which the risk is higher is Stocks, with the greater level of return as well.
Stocks are considered to be the most volatile products for investment. For example if someone buys the stocks of some good company, the chances are, the person can enjoy good profits within short period of time, but the risk factor is also there. The stocks never behave predictably. The movement of stocks are unpredictable. So the chances of risks are high. It is said that 'high risk high return' is the best strategy to be used if you are looking for the aggressive approach of investment. So stocks are best suited for Craig.
If you discover that purchases that you did not make have been made under your name.
