Answer:
the net income would be decreased by $3,000
Explanation:
The computation of the net income is shown below;
Total cost is
= $14 + $5
= $19 per unit
And, the Selling price is $18 per unit
Now
Income = Revenue - Cost
= $18 - $19
= -1 per unit
And, finally
Total Income = 3000 units × (-1)
= -$3000
Hence, the net income would be decreased by $3,000
Answer:
a. M1 falls and M2 remains the same.
Explanation:
in money supply M1 stand for the most liquid forms: currency, coins, traveler check, checking account
while M2 is M1 + near money wich are saving account, time deposit among other
Thus, Ms Anniston make M1 fall while M2 remains the same
Answer:
a). The amount of the short-term loan=$128,181.82
b). The amount of the long-term loan=$156,666.67
Explanation:
The total annual interest to be paid can be expressed as;
I=PRT
where;
I=annual interest
P=principal amount of the note
T=number of years
a). For the short-term note's case;
I=$14,100
P=unknown
R=11%
T=1 year
replacing;
14,100=P×(11/100)×1
0.11 P=14,100
P=14,100/0.11
P=128,181.82
The amount of the short-term loan=$128,181.82
b). For the long-term note's case;
I=$14,100
P=unknown
R=9%
T=1 year
replacing;
14,100=P×(9/100)×1
14,100=P×0.09
0.09 P=14,100
P=14,100/0.09
P=156,666.67
The amount of the long-term note=$156,666.67
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