Answer: to prevent improper use or causing an issue with the thing they have to get a license for
Answer:
$170
Explanation:
Given the following information about Munster company:
Net inflow from operating ACTIVITIES = $200
Net outflow from investing ACTIVITIES = $300
Net outflow from financing ACTIVITIES = $50
Ending balance in cash = $20
BEGINNING BALANCE :
Outflows + ending balance - inflow
(Outflow from investing ACTIVITIES + outflow from financing ACTIVITIES + ending balance in cash) - inflow from operating activities
($300 + $50 + $20) - $200
$370 - $200
= $170
Answer:
$166,000
Explanation:
The net cash flow from operating activities using the indirect method is computed below:
Cash flow from Operating activities - Indirect method
Net income $175,000
Adjustment made:
Add : Depreciation expense $28,000
Less: Increase in accounts receivable -$16,000
Less: Decrease in accounts payable -$21,000
Total of Adjustments -$9,000
Net Cash flow from Operating activities $166,000
Answer:
Explanation:
1. JH Green, Corporate Personnel Officer - Discretionary cost center
2. Kalya Borodina, Sales Manager, Peru - Revenue center
3. Jay Smith, Chief Executive Office - Investment center
4. Andres Goya, Vice-President, South America - Profit center
5. Irene Chan, Mexico City Plant Manager - Cost center
The amount of the bad debts expense adjusting entry is:$7665.
<h3>Bad debt expenses</h3>
Using this formula
Bad debt expenses=Sales×Estimated sales percentage
Where:
Sales=$1,095,000
Estimated sales percentage=0.7%
Let plug in the formula
Bad debt expenses=$1,095,000×0.7%
Bad debt expenses= $7,665
Therefore the amount of the bad debts expense adjusting entry is:$7665.
Learn more about bad debt expenses here:brainly.com/question/18568784
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