Answer:
$238,148
Explanation:
Total expenses:
= Inventory purchased + Salaries expense + Interest expenses + Insurance expense
= $85,000 + $15,000 + $3,300 + $3,900
= $107,200
Net income:
= Total revenue - Total expenses
= $300,000 - $107,200
= $192,800
Net income after tax:
= Net income - Taxes
= $192,800 - ($192,800 × 9%)
= $192,800 - $17,352
= $175,448
Cash balance:
= Net income after tax - Amount not collected on accounts receivable + Amount not paid on purchases - Prepaid insurance + Money invested by owners + Money borrowed
= $175,448 - $19,900 + $26,500 - $3,900 + $30,000 + $30,000
= $238,148
Answer:
Economists will agree more with Ana
Explanation:
Price discrimination is defined as the selling of the same product to different customers at different prices.
The difference in price charged is usually due to willingness of the customer to buy at different prices.
In the given scenario buyers that are willing to buy in advance and stay over form a category of clients that have a price band unique to them.
Others will buy at a higher price.
This has caused a price discrimination
