Answer:
Net Cash flow from operating $55,000
Explanation:
<em>To determine the net cash flow from operating activities. We will adjust the net income as follows; all decrease in assets and increase in liabilities are added and all increase in assets and decrease in liabilities are subtracted.</em>
Amazing Industries 2018
Cash flow from operating activities
$
Net Income 48,000
<em>Adjustments:</em>
less gain on sale of land (4,000)
Add depreciation expense 7.000
increase in current asset (1,000) i,e <em>(49,000 -48,000)</em>
Increase in current liabilities <u>5000</u> i.e <em>(42,000 -37,000)</em>
Net Cash flow from operating <u>55,000</u>
All decrease in assets and increase in liabilities are added. All increase in assets and decrease in liabilities are subtracte<u>d.</u>
The answer is "place". Bank clients attempt to decrease vulnerability of utilizing an administration by drawing surmisings from the place, for example, the outline of the building's outside and inside, the format of the work areas, and the length of holding up lines
A business plan may be defined as a description not a proposed company that explains how it expects to achieve its marketing, financial, and operational goals.
<h3>
What is a business plan?</h3>
A business plan outlines a company's goals and how it intends to reach them in great detail. A written road map for the company's marketing, financial, and operational goals is provided in a business plan. Business plans are used by both new businesses and established ones.
An essential document aimed at both internal and external audiences is a business plan. For instance, before a business has developed a track record that can be relied upon, a business plan is used to entice investment. Obtaining loans from financial institutions can also be aided by it.
A business plan can also keep the executive team of a company focused on achieving set objectives and on the same page about strategic action items.
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Answer:
$7.96
Explanation:
the first month's principal balance = $400 (initial purchase) - $20 (first payment) = $380
the second month's principal balance = $380 (carried over) + $18 (second purchase) = $398
the interest charged on the second month's principal = $398 x 2% = $7.96
