Answer and Explanation:
The computation is shown below;
a. The amount of cash collection from customers is
= $45,000 + $600,000 - $20,000
= $625,000
b. The amount of cash paid for salaries is
= $14,000 + $350,000 - $8,000
= $356,000
c, The accrual basis net income is
= $600,000 - $350,000
= $250,000
d. The cash basis net income is
= $625,000 - $356,000
= $269,000
Answer:
The answer is A) to impart information and knowledge, Students learn on the job. They are given simple arrangements to complete at first and get more difficult assignments as they master the earlier ones. Develop analytical and problem-solving skills.
Explanation:
To Impart knowledge to a student which can effect a change in behavior, the introduction of a new information has to be reinforced with practice.
The best description that captures the process that imparts knowledge is when a students
Learns on the Job:
- with simple arrangements to complete initially
- additional complex and more difficult tasks
- developing analytical and problem solving skills
Answer:
FV= $5,743,491.17
Explanation:
Giving the following information:
Present value (PV)= $1,000,000
Number of periods (n)= 30 years
Annual interest= 6% = 0.06
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1+i)^n
FV= 1,000,000*(1.06^30)
FV= $5,743,491.17
Answer:
Most credit cards only require you to make a minimum payment each month, which is typically a fixed amount, like $20 to $25 or something thats 1 to 3 percent of your balance so the less you pay now, the more you'll pay later
Systematic sample
When preparing a representative sample from a list of 200 customers who complained about errors in their statements, this type of sample might select every tenth customer for review.
