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Arte-miy333 [17]
3 years ago
6

The Diamond Store began business on June 1. During the month of​ June, Diamond had cash payments of $ 10,000. At the end of​ Jun

e, it had a $ 18,000 cash balance. Based on this​ information, the cash receipts for the month of June​ were________.
Business
1 answer:
tresset_1 [31]3 years ago
3 0

Answer:

$28,000

Explanation:

Cash payments is a negative entry (credit) to the cash balance account, while cash receipts is a positive entry (debit), if the final cash balance is $18,000, cash receipts for the month of June are:

R - \$10,000 = \$18,000\\R= \$28,000

The cash receipts for the month of June​ were $28,000.

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Trade surplus or positive trade balance.

Both of these terms refer to the situation of higher exports than imports.

8 0
3 years ago
Suppose two​ countries, Country A and Country​ B, have a similar real GDP per capita. Country A has an average economic growth r
ozzi

Answer:

D

Explanation:

Many studies have found a positive correlation between economic growth and living standards. This means that empirical works have found that countries with higher economic growth, often have better living standards than the countries with less economic growth. In this case if real GDP per capita of both countries is similar, then they are comparable.

We can deduce that the country B will experience an increase in living standards much more rapidly in the long run because economic growth leads to an increase in profits for firms, there would be a better capital and labor return. This means that firms will pay more for capital and labor, if households are de owners of capital and labor, their rents and wages will increase. The disposable income will increase for households and they will consume more goods and services, then their living standards will increase.

7 0
3 years ago
On January 1, 2020, Korsak, Inc. established a stock appreciation rights plan for its executives. It entitled them to receive ca
kykrilka [37]

Answer:

$570,000

Explanation:

Missing question: <em>"On December 31, 2022,50,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2020"</em>

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Amount of compensation expense = [13*120,000*3/4] - [10*120,000*2/4]

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Amount of compensation expense = $570,000

So. the amount of compensation expense that Korsak should recognize for the year ended December 31, 2020 is $570,000.

8 0
3 years ago
Alejandro has many business ideas that could satisfy the unfulfilled needs of people who live in his community. However, there a
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Answer:

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Explanation:

Out of all the options, this option fits the scenario the most and I just took the test.

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3 years ago
An employee at falcon security is studying an analysis of data regarding the occurrence of problems and failures with its drones
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The data that the employee collects will be used to <em>decide </em>whether or not to perform maintenance.

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