The net change in the Cash account balance from these three transactions is $30,000
What is the company's net change in cash account balance?
The net change in company's cash balance is the excess of its cash inflows from sources minus its cash outflows from all sources, in other words, the net change in cash balance from the three transactions is the funds raised long-term debt issuance and the amounts paid for equipment and raw materials
net change in cash balance=$200,000-$150,000-$20,000
net change in cash balance=$30,000
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Answer:
True
Explanation:
Plz mark brainliest thxxx :) hope it helps
Anita is a new buyer. luckily <u>her title insurance</u> will help her before the sale and can reimburse her after the sale if a title issue arises.
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Change in quantity supply will lead to a shift in supply curve.
<h3>What is change in supply?</h3>
Change in supply lead to a shift in the supply curve either to the left or right.
This occur in the price to quantity relationship which defines a supply curve.
This change often makes the supply curve becomes steeper and flatter.
Therefore, Change in quantity supply will lead to a shift in supply curve either to right or left.
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Answer:
The correct option is A
Explanation:
Contribution Margin = Sales - Variable expense
= $150,000 - $120,000
= $30,000
Doombug's Profit Margin = Avoidable fixed expenses - Contribution Margin
= $8,000 - $30,000
= ($22,000)
Increase or Decrease in net operating income = Additional contribution margin - Doombug's Profit Margin
= $16,000 - ($22,000)
= ($6,000)
Therefore, there is decrease in net operating income of Doombug. So, there is decrease of $6,000.