Answer: free market
Explanation:
The free market is where all the stocks are shared, The answer is free market!
Answer:
Cash flow from operating activities 992,000
Explanation:
revenue 2,000,000
expenses 800,000
before tax income 1,200,000
tax rate 34% <u> (408,000) </u>
Net Income 792,000
Non-monetary
depreciation 200,000
Cash flow from operating activities 992,000
To solve this we use the indirect method.
We will calculate the net income as usual and once we got there, we remove the non-monetary expeses or revenues.
Always, the depreciaton must be removed.
The depreciation is an accounting tool to distributethe cost of fixed assets during time, it do not represent an actual cash disbursement.
This means our cash flow is greater than net income by this amount.
Answer:
=$46,500
Explanation:
Retained earning = beginning retained earning+ earnings - dividends.
For Pierson Industries
Beginning retained earnings is $42,000
revenues are $104,800
expenses $97,300
Dividends paid out $3,500
Earning for the period will be revenue minus expenses
=$104,800 - $97,300=$7,500
retained earnings are the end of the year will be
= $42,500+$7,500 -$3,500
=$50,000 -$3,500
=$46,500
Ok, I'm going to tell you how to calculate it and the answer.
so what you do is add up your assets and then add up your liabilities.
then you subtract your liabilities from your assets in this case your assets add up to 4,700 and your liabilities add up to 3,500.
then you subtract 4,700 from 3,500 since your liability is a lower number.
And then your answer would be $1,200 dollars hope it helped :D
