According to Dr. Powe, business ideas are worthless unless they become?
1 answer:
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Answer:
A)
Goods A B C D E F
Candy Bars 0 4 8 12 16 20
Bags of Peanuts 10 8 6 4 2 0
B) graph
the slope of the line = 1.5 / -0.75 = -2
the opportunity cost of one more candy bar is 1 bag of peanuts (actually half a bag of peanuts, but you cannot purchase half of something).
the opportunity cost of one more bag of peanuts s 2 candy bars.
C) it doesn't tell me which combination to buy, it only tells me the possible combinations.
D) if I had won $30, the slope would have been the same, the total number of items purchased would have changed, increasing the available combinations.
Answer:
$27000
Explanation:
Given: Beginning Cash balance $14,000
Cash flows provided by operating activities 12,000
Cash flows used by investing activities 8,000
Cash flows provided by financing activities 9,000
Now, calculating the ending cash balance:
Ending cash balance is calculated by subtracting cash outflow from cash inflow.
∴ Ending cash balance=
Ending cash balance=
∴ Ending cash balance for December 31, 2019 is $27000.