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3 years ago

Mention ONE other source of wealth other than inheritance

Business

2 answers:

Cloud [144]3 years ago

6 0

Answer:

Power is another source other than inheritance.

Hope this helped you!

Explanation:

Ierofanga [76]3 years ago

5 0

How is the knowledge/

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The 2018 balance sheet of Speith’s Golf Shop, Inc., showed long-term debt of $5 million, and the 2019 balance sheet showed long-

viva [34]

Answer:

$1,386,000

Explanation:

The computation of the operating cash flow is shown below:

But before that following calculations must be done

Cash Flow to Creditors

Cash Flow to Creditors = Interest Expenses Paid - Net Increase in Long term debt

= Interest Expenses Paid - [Ending Long term debt - BEginning Long term Debt]

= $165,000 - [$5,250,000 - $5,000,000]

= $165,000 - $250,000

= -$85,000

Cash Flow to Stockholders

Cash Flow to Stockholders = Dividend Paid - Net New Equity

= Dividend Paid - [(Ending Common stock + Ending Additional paid-in surplus account ) - (Opening Common stock + OPening Additional paid-in surplus account )

= $410,000 - [($550,000 + $4,800,000) - ($510,000 + $4,6000,000)]

= $410,000 - [$5,350,000 - $5,110,000]

= $410,000 - $240,000

= $170,000

Cash Flow from assets

Cash Flow from assets = Cash Flow to Creditors + Cash Flow to Stockholders

= -$85,000 + $170,000

= $85,000

Operating Cash Flow

= Operating Cash flows - Change in Net Working capital - Net Capital Spending

$85,000 = Operating cash flow - (-$69,000) - $1,370,000

= $85,000 - $69,000 + $13,70,000

= $1,386,000

3 0

2 years ago

Explain how money market accounts differ from regular savings accounts.

malfutka [58]

Answer:

Money market accounts differ from regular savings accounts. The main difference between a savings account and a money market account is the access you have to your funds. This is noted in money market accounts' inclusion of an ATM card. ... Money market accounts also often earn according to account balances, typically with higher balances earning at better rates.

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8 0

2 years ago

Some nations have traditionally been in poverty from one generation to the next, relying on tradition rather than experimenting

Eddi Din [679]

The explanation for global stratification according to which some nations have traditionally been in poverty and rely in their tradition, rather to experiment with new technologies is called culture of poverty. Culture of poverty is term used is sociology that defines the cycle of poverty and explains why poverty exists.

8 0

3 years ago

Dan, a computer programmer, holds a garage sale to sell a lawnmower, some clothes, some CDs and some old clothes. Will, a lawyer

Mama L [17]

Answer:

C. Judy

Explanation:

A merchant underneath the Uniform Commercial Code is an individual who:

Trades on items such as those included in the sales agreement.
Through profession, it considers itself to have unique skills and knowledge relating to the activities or products involved in the deal.
Hires a merchant as a dealer, broker or any other distributor.

An individual is a merchant whenever, working in a professional context, he or she possesses or utilizes skills related specifically to both the products and services being offered.

Judy is an expert in horse training, therefore possess skills, that will offer her an advantage in selling horses.

6 0

2 years ago

Michael has been saving his money and wants to invest it. after doing some research, he has decided to invest $20,000 into a cer

ivolga24 [154]

Answer: Micheal will earn an interest of $600 in the first year based on nominal interest rates.

Since we need to compute the interest paid out at the end of year 1, we use the following formula in order to find the interest

$SI = P * N * R$