Answer:
$ 365,000
Explanation:
Given data:
The operating expenses for the year = $ 400,000
Increase in the accrued expenses = $ 35,000
Now,
the cash payment for the operating expenses will be calculated as the difference of the operating expenses and the increase in accrued expenses
thus,
mathematically,
cash payment for the operating expenses = operating expenses - increase in accrued expenses
on substituting the values in the above formula, we get
cash payment for the operating expenses = $ 400,000 - $ 35,000
or
cash payment for the operating expenses = $ 365,000
Answer:
Explanation:
External financing needed =
(1.10×$12,470) - (1.10× $1330)- $3200-$4600 - ($2,840+($45×1.10)=$616. 36.
The need for external financing is intermediate.
Answer:
Balance sheet
Explanation:
Balance sheet: In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:
Total assets = Total liabilities + stockholder equity
The debit and credit side of the balance sheet should always be equal and balanced.
Moreover, it always is prepared on the specified date.
It analyzes the financial profitability, position, performance of the business organization
