A market mix is the blending of four marketing elements product, distribution price and promotion
Answer:
$14,000
Explanation:
Sale made = Accounts Receivable on 30 June + Collections of accounts - Accounts Receivable on 1 June
= $15,000 + $25,000 - $10,000
= $30,000
Cost of goods sold = Sales made ÷ rate of mark-up on cost
= $30,000 ÷ 150% × 100%
= $20,000
Estimated cost of the June 30 inventory = Inventory Balance on June 1 + Purchases made during June - Cost of goods sold
= $18,000 + $16,000 - $20,000
= $34,000 - $20,000
= $14,000
Currently, 20 countries are part of Latin America. They are: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico, Nicaragua, Panama, Paraguay, Peru, Dominican Republic, Uruguay and Venezuela. Other than that, there are other territories that are not yet considered countries, but they are part of the list.
Answer:
$219,700
Explanation:
Operating activities: It includes those transactions which affect the working capital after net income. The increase in current assets and a decrease in current liabilities would be deducted whereas the decrease in current assets and an increase in current liabilities would be added.
These changes in working capital would be adjusted. Moreover, the depreciation expense is added to the net income
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $184,850
Adjustment made:
Add : Depreciation expense $33,700
Add: Loss on the disposal of plant assets $4,690
Less: Increase in accounts receivable -$15,150
Add: Increase in accounts payable $15,640
Less: Increase in prepaid expenses -$4,030
Total of Adjustments $34,850
Net Cash flow from Operating activities $219,700
