C. HIGH EMPLOYMENT, STEADY GROWTH, AND STABLE PRICES.
Answer:
$325,500
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $240,000
Adjustment made:
Add : Depreciation expense $52,000
Add: Decrease in accounts receivable $5,000
Add: Decrease in inventory $15,000
Add: Increase in accounts payable $14,000
Less: Increase in prepaid expenses -$500
Total of Adjustments $85,500
Net Cash flow from Operating activities $325,500
This is the answer and the same is not provided in the given options
Colorado General Assembly.
Answer: True
Explanation:
The decision to purchase a good or service or a customer benefit package is totally based on the price of that package or a good and on the benefits that a consumer will received after the purchase. A rational consumer will compare the price of a good with the perceived benefits. If the perceived benefits worth greater or equal to price then a consumer may purchase that product otherwise not. Therefore, a consumer's decision is largely depend upon the ratio of price and benefits.
Answer:
$6,480,000
Explanation:
The computation of the amount of the current liabilities is shown below:
Total assets of $11,200,000
Less: Noncurrent assets $1,480,000
Current Assets = $9,720,000
Now as we know that
Current ratio = Current Assets ÷ Current Liabilities
Current Liabilites is
= $9,720,000 ÷ 1.5
= $6,480,000
hence, the current liabilities is $6,480,000
