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3 years ago

Bellingham Inc had the following activity last year:

Business

1 answer:

Pepsi [2]3 years ago

8 0

Answer:

The net cash flow of the year amounts to $32,000

Explanation:

The net cash flow of the year is computed as:

Net cash flow = Net income + Depreciation

= $7,000 + $25,000

= $32,000

Where

Net Income is computed as:

Net Income = Sales - COGS (Cost of goods sold) - Depreciation expense - Selling and administrative expense - Income tax expense

= $300,000 - $170,000 - $25,000 - $95,000 - $3,000

= $7,000

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2 years ago

Your immediate supervisor is a nice person. He helps you solve your problems and gives valuable advice. You admire your supervis

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Answer:

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Referent power is effective in any form of business activity. It is something which inspires the employees and to see their managers as a role model. In the above example, my supervisor has referent power over me because I consider him my role model. Some supervisors have certain interpersonal skills which help them to become a role model and a good manager.

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3 years ago

The goal of recruitment is to obtain a pool of applicants large enough to contain a number of talented prospects. group of answe

Elan Coil [88]

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1 year ago

Categorize each statements as a component of Gross Domestic Product (GDP): consumption, investment, government, or net exports.

marishachu [46]

Answer:

The Gross Domestic Product (GDP) is a measure of the value of all final Goods and Services in an Economy in a given period usually a year.

It can be calculated using the Expenditure method which is;

= Consumption + Investment + Government Spending + Net Exports

Consumption

Here, the final goods and services that all households in the Economy purchased and used for the year are included. It is usually the largest component of GDP.

The following will fall here.

- Ice cream

- A domestically manufactured personal computer

- Cab fare for personal use

- A ticket to a local sporting event

- 55 cent tacos

Investment

The Goods that will fall under here include Capital goods purchased or made in an Economy for the purpose of increasing production capacity.

Of the goods listed only one will fall here being;

- A Domestically Manufactured Personal Computer.

Government Spending

This includes all Public Spending in the Economy on goods and services for things such as Health and Defense but excluding transfer payments such as Social Security.

- Public School Teacher's Salary will fall under here.

Net Exports

These are the Exported goods from the country less the goods that it imported. From the above only one item falls under this category;

- Exported Doll House

6 0

3 years ago

The adjusted trial balance for China Tea Company at December 31, 2021, is presented below:

olchik [2.2K]

Answer:

Kindly check attached picture

Explanation:

Given the details below

Accounts Debit Credit

Cash $16,000

Accounts receivable 162,000

Prepaid rent 10,000

Supplies 31,000

Equipment 370,000

Accumulated depreciation $129,000

Accounts payable 11,000

Salaries payable 3,500

Interest payable 1,900

Notes payable (due in two years) 37,000

Common stock 210,000

Retained earnings 176,100

Dividends 27,000

Service revenue 360,000

Salaries expense 150,000

Advertising expense 75,000

Rent expense 18,000

Depreciation expense 32,000

Interest expense 2,500

Utilities expense 35,000

Totals $928,500 $928,500

Prepare an income statement for China Tea Company for the year ended December 31, 2021

Kindly check attached picture

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3 years ago