Answer:
increase ; $30,500
Explanation:
The computation of the net cash increase or decrease is shown below:
= Debit balance in the cash account + total debit account balance - total credit account balance
= $20,500 + $45,000 - $35,000
= $30,500
Since the cash account has a debit balance and the total of debit balance is greater than the total of credit balance so there would be an increase in net cash
Answer:
Probably not, because the terms are not definite.
Explanation:
A contract is considered to be valid when there is a written or expressed agreement for one party to deliver goods or services to another.
The terms are clearly stated. For example the price, time of sale, acceptance of price, and so on.
A valid contract has the following elements: offer, acceptance, agreement, and consideration.
In the given scenario where Kelly tells Matthew that she will sell him one of her motorcycles at some time in the future and Matthew eagerly accepts. There is an agreement but there is no specific offer and consideration of price and also the time of transaction.
So the contract is probably not valid because terms are not clearly defined.
Answer:
<u>compliance-based.</u>
Explanation:
Compliance-based ethics is characterized as a set of rules and regulations determined by an organization for its employees to base on when performing their activities within the company.
It is implemented by companies so that the activities of employees comply with the rules and laws that companies must follow.
This model divides expert opinions because they believe it does not motivate employees to set ethical thoughts and actions out of a positive bias, but out of fear of punishment and losing their job position.
What happens is that ethics and legality are not the same thing; a company may comply with its compliance-based code of ethics, but still engage in unethical behavior.
Answer:
When ASI Inc. declared a dividend of $20,000,000, its market value increased from $8 ... Competitors have found it extremely difficult to imitate Gene Electronics Inc.'s ... CEO of JustFixIt Inc., a firm that merges technology with commercial hardware. She has been struggling with the decision to allocate her resources for the ...
Explanation: