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Zielflug [23.3K]
4 years ago
15

Bellingham Inc had the following activity last year:

Business
1 answer:
Pepsi [2]4 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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Bella is a discount furniture store. Most of the items in the store are overstock and hence tend to be more inexpensive than oth
marysya [2.9K]

Answer:

<u>Reference Pricing</u>

Explanation:

Reference pricing strategy refers to a pricing mechanism whereby the products are priced slightly lower than competitor's products.

When such a pricing strategy is followed, the store owners provide heavy discounts to the buyers to encourage sales.

In the given case, the store deals in discounted furniture. Bella displayed manufacturer's suggested retail price so as to let buyers know of the savings they shall make upon purchase.

Such pricing of goods at a heavy discount thereby showing savings, indicates reference pricing strategy being followed.

4 0
4 years ago
Among United States' major trade partners in 2014, a trade ______ occurred only with _____. The United States also had the large
Allushta [10]
Commercial stock market international service
6 0
3 years ago
Novak Corp. has 44,000 shares of $11 par value common stock outstanding. It declares a 11% stock dividend on December 1 when the
Sliva [168]

Answer: The answer has been provided below

Explanation:

From the information given in the question, the number of shares that are allotted as stock dividend will be:

= 44,000 × 11%

= 44,000 × 0.11

= 4840

Stock dividend:

= 4840 × $19

= $91960

The common stock dividend shared:

= 4840 × $11

= $53240

4 0
3 years ago
Se the following account balances from the adjusted trial balance of Gees Catering:
S_A_V [24]

Answer:

The amount that Gees Consulting would report as the ending balance in the R. Gees, Capital account at the end of the year is $8,000

Explanation:

For computing the ending balance of capital account, first, we have to compute the net income or loss which is shown below:

Net income/loss = Fees revenue - salary expense - rent expense - supplies expense

= $10,000 - $7,000 - $6,000 - $6,000

= ($19,000)

Now the ending balance would be

= Opening capital - net loss -  drawings

= $18,000 - $9,000 - $1,000

= $8,000

8 0
3 years ago
When new technology for the more efficient production of peanut butter was implemented, the supply curve for peanut butter
stellarik [79]

Answer:

shifted to the right

Explanation:

the supply curve for peanut butter shifted to the right

5 0
3 years ago
Read 2 more answers
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