Answer:
$95,000
Explanation:
Jackson's net cash provided by operating activities is calculated below;
Cash collected from customers
$245,000
Less : Salaries paid. ($135,000)
Less utilities ($15,000)
Net cash provided. $95,000
Answer: Edit option allows everyone in a group to edit the contents work
Explanation:
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Answer:
February 9, merchandise purchased on account:
Dr Merchandise inventory 57,000
Cr Accounts payable 57,000
March 7, merchandise sold on account
Dr Accounts receivable 79,000
Cr Sales revenue 79,000
Dr Cost of goods sold 57,000
Cr Merchandise inventory 57,000
Explanation:
Since we are not told the date when the company pays for the purchased merchandise, we can assume any date of February to record the payment:
Dr Accounts payable 57,000
Cr Cash 57,000
The same for the collection of the sales account:
Dr Cash 79,000
Cr Accounts receivable 79,000
The critical thinking process includes the deep thinking process which involves deep insights into the assessment so that both the drawbacks and the benefits of the assessment process can be made easily. In addition to this, the critical thinking process helps the assessors to critically evaluate the students in order to identify their drawbacks and skills so that proper feedback to be given to them in order to cultivate the best values within the students. Thus critical thinking process helps in the best assessment process.
Critical thinking is the analysis and judgment of available facts, evidence, observations, and arguments. The subject is complicated. There are several different definitions, which generally involve a reasonable, skeptical, and unbiased analysis or evaluation of factual evidence. Critical thinking is self-directed, self-disciplined, self-monitoring, and self-correcting thinking. This means accepting strict quality standards and consciously mastering their application. It includes effective communication and problem-solving skills, as well as a commitment to overcome native egocentrism and sociocentrism.
Critical thinking is the active and skillful conceptualization, application, analysis, synthesis, and synthesis of information gathered or generated from observation, experience, reflection, reasoning, or communication as a guide to beliefs and actions. It is an intellectually trained process of evaluating and/or evaluating.
Learn more about Critical thinking here: brainly.com/question/3021226
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Answer:
Interest portion = 80.2
Explanation:
Present Value of Payments = P=S/(1+i)^n
P = present Value
S= Future Value
i = Interest
N= time
Amount of third payment = 500
So the Present Value of The 3rd payment is = 500/(1+6%)^3 =419.80
Third installment = 500 this is future value so it contain the interest at 6%
Present Value = 419.8
Time Value of money or Interest = 500-419.8 = 80.2