Who is the richest man in the wolrd

The following information is available for Blossom Company for the year ended December 31, 2020. Beginning cash balance $ 47,610

soldier1979 [14.2K]

Answer:

<h2> Blossom Company</h2><h2> Statement of Cash Flows</h2>

December 31, 2020

Cash flow from operating activities

Net income $300,578

Adjustments to reconcile net income: $159,970

Depreciation expense $171,396
- Accounts receivable increase ($8,676)
- Inventory increase ($11,638)
Accounts payable decrease $3,915
Income taxes payable increase 4,973

Net cash provided from operating activities $460,548

Cash flow from investing activities

Sale of land at book value $37,030

- Purchase of building ($305,762)

Net cash flow from investing activities ($268,732)

Cash flow from financing activities

Issuance of bonds $211,600

- Purchase of treasury stock ($27,508)

- Dividends paid ($12,696)

Net cash flow from financing activities $171,396

Net increase in cash during the year $363,212

<u>Beginning cash balance $47,610 </u>

Cash balance at December 31, 2020 $410,822

6 0

3 years ago

Which probability distribution is commonly used to model the inherent variability of activity time estimates in project manageme

Ksivusya [100]

Answer:

Beta distribution

Explanation:

Beta distribution In probability theory

is regarded as a part of continuous probability distributions with a defined interval which could be 0 and 1, and it is characterized with two positive parameters (α and β) which is seen as

as exponents of the random variable .

It should be noted that Beta distribution probability is commonly used to model the inherent variability of activity time estimates in project management

5 0

2 years ago

Which category (or type) of consumer products are: (1) relatively expensive, (2) infrequently purchased, and (3) buyers are will

artcher [175]

Answer:

consumer products provided are categorized thus:

(1) relatively expensive: a computer system

(2) infrequently purchased: A car

(3) buyers are willing to expend considerable effort in planning and making purchases: A house

Explanation:

Consumer products are defined as products that satisfy a consumer's wants or needs. There can be convenient, affordable as well as expensive and infrequently purchased.

Consumer goods are final goods sold to consumers for use. It is usually not used as means for further economic production activity.

Some consumer goods are durable and can last for up to three years or more while some are perishable with expiry dates and must be consumed within a short pace of time.

Finally, consumer goods can be grouped into different categories based on consumer behavior depending on how frequently they are used.

7 0

3 years ago

You have $65 in your savings account at the beginning of a month. The bank pays you

wel

Answer:

$0.15

Explanation:

Interest is calculated using the formula below.

I = P x i x t

where I = interest

P= principal amount.

i=interest rate

t=time

Interest is given as an annual percentage. A 2.75 % interest will translate to 2.75/100 divided by 12 monthly interest. Therefore, the applicable interest rate is 0.00229 %

interest for the month will be

i=$65 x 0.00229 x 1

=$0.14895

=$0.15

3 0

3 years ago

(Table: Optimal Choice of Milk and Honey) Look at the table Optimal Choice of Milk and Honey. The price of milk is $2 per gallon

raketka [301]

Since you provide no table, me nor anyone else would not be able to find out his total utility

But if he spends all his income on honey, the most he can buy is :

$16 / 4$ = 4 Jars

That leave either option 1 or option 4 as the answer

4 0

2 years ago