Based on the spreadsheet below, which of the following is a true statement?
2 answers:
Answer:
C. The net cash flow is positive.
Step-by-step explanation:
The cash flow does not contain non cash entries. And cash flows are always positive as a person spends that much of cash that is available with him. More than that accounts to credit.
Now we will add up all the outflows given in the spreadsheet and subtract it from $1600 (inflow)
= = $110
This proves that - The net cash flow is positive.
Therefore, option C is the correct answer.
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Answer:
$33
Step-by-step explanation:
Given: Addy had 20% off coupon.
The coupon took $8.25 off of the shirt price.
Lets assume the original cost of shirt be "x".
We know Addy had 20% off coupon, which help to reduce the price of shirt by $8.25.
∴ We can form an equation to know the original price of shirt.
⇒
⇒
Multiplying both side by 5
⇒
∴
Hence, The original cost price of shirt was $41.25.
Next, finding the price paid by Addy for her new shirt by reducing coupon discount from the cost of shirt.
Price paid by Addy for her new shirt=
Hence, Addy paid $33 for her new shirt.