I dont know if my answer is right or not but is it shallow?
Answer:
you see if i were mary
Explanation:
i would just restart my whole life and take all the negitive things out of my life and focus on the positive. she should keep her house and still continue to work
Answer:
Cash flows from operating activities:
Net income $52,000
Adjustments to net income:
- Depreciation expense $30,000
- Accounts receivable increased by ($25,000)
- Inventories increased by ($5,000)
- Accounts payable decreased by ($18,000) <u>($18,000)</u>
Net cash flow provided by operating activities $34,000
Answer:
a. True
Explanation:
The process by which management plans, evaluates, and controls investments in fixed assets is called capital investment analysis. This process is also known as capital budgeting.
Generally, capital investment analysis or capital budgeting is used by business firms or governmental agencies to assess and measure the profitability of a long-term investment on a fixed asset such as real estate, machinery or factory equipments etc.
Hence, the management is able to choose the best option for investment after an assessment of which investment would yield a higher level of profits.
Answer:
C) $16,000.
Explanation:
cash paid for insurance premiums = total insurance expense + ending balance of prepaid insurance - beginning balance of prepaid insurance
cash paid for insurance premiums = $15,200 + $3,000 - $2,200 = $16,000
Generally when you purchase an insurance policy you can either pay every month or pay for several months in advance and get a discount. When you pay for several months in advance, you must debit prepaid insurance. Then as time passes, you must accrue insurance expense. For e.g. you pay $2,400 today for a 1 year insurance premium, and at the end of the month you will accrue $200 of insurance expense. But your cash payment was made today.