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Savatey [412]
3 years ago
6

Gaulle Company began the year with a balance of $6,000 in Accounts Receivable and ended the year with $9,000 in the account. Rev

enues for the period amounted to $38,000. Under the direct method, Gaulle will report cash collected from customers of:
Business
1 answer:
Mkey [24]3 years ago
8 0

Answer:

$35,000

Explanation:

Data provided in the question:

Accounts Receivable at the start of the year = $6,000

Accounts Receivable at the end of the year = $9,000

Revenues for the period = $38,000

Now,

cash collected from the customers

= Beginning balance + Revenue for the year - Ending balance of account receivable

= $6,000 + $38,000 - $9,000

= $35,000

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Betty owns 100 shares of MegaCorp, Inc., which she bought in MegaCorp’s initial public offering of 10,000 shares. MegaCorp makes
yaroslaw [1]

Answer:

Preemptive rights

Explanation:

Preemptive rights are a way of preventing the dilution of a shareholder's ownership in a corporation.  Preemptive rights are set by a contract clause that establishes that in case the corporation issues new stock, then a current shareholder must be given the right to buy additional shares before the stocks are sold to other investors.

The preemptive right usually gives the stockholder the right to buy new stock in the same proportion as his/her current stock ownership. For example, if an investor currently owns 2% of the company's stock, he/she will be able to buy 2% of every new set of stocks issued.

4 0
3 years ago
Although employee involvement and participation​ (EIP) programs are​ valuable, researchers caution that organizations should mod
Veronika [31]

Answer:

(E). local and national norms

Explanation:

Employee Involvement and Participation​ (EIP) programs are put in place by organizations to encourage inclusiveness and foster collaboration among employees in the organization.

Although such programs are valuable to the organization, the "local and national norms" or cultures, within which the organization operates, must be taken into consideration by the organization, when structuring its involvement program practices.

8 0
3 years ago
If the demand for steak (a normal good) shifts to the left, the most likely reason is that:______.
S_A_V [24]

If the demand for steak (a normal good) shifts to the left, the most likely reason is that consumer income has fallen.

<h3>What is a normal good?</h3>

Normal goods are goods that are goods whose demand increases when income increases and falls when income falls.

The demand curve shows the relationship between price and quantity demanded. A shift to the left of the demand curve indicates that demand has decreased.

To learn more about normal goods, please check: brainly.com/question/2934596

#SPJ1

4 0
1 year ago
You deposit $2,000 in a savings account and a year later you have $2,100. Meanwhile, the consumer price index rises from 200 to
qaws [65]

Answer:

nominal interest rate = 5%

real interest rate = 3%

Explanation:

given data

deposit previous = $2,000

deposit present = $2,100

CPI consumer price index rises =  200 to 204

to find out

nominal interest rate and real interest rate

solution

we get here first nominal interest rate that is express as

nominal interest rate = ( deposit present - deposit previous ) ÷ deposit previous × 100    ..........................1

put here value we get

nominal interest rate = \frac{2100-2000}{2000}  × 100

nominal interest rate = 5%

and

now we get here inflation rate that is

inflation rate = ( CPI present - CPI previous ) ÷ CPI previous  × 100    .............2

inflation rate = \frac{204-200}{200}  × 100

inflation rate = 2%

and

real interest rate will be as

real interest rate = nominal interest rate - inflation rate    .................3

real interest rate = 5% - 2%

real interest rate = 3%

5 0
3 years ago
If you are going to receive $70,000 for 20 years starting 5 years from now, what is the present value of the cash flows discount
schepotkina [342]

Answer:

336,405.28

Explanation:

Present value can be found by discounting the cash flows at the discount rate.

Present value can be found using a financial calculator:

Cash flow from year 1 to 4 = 0

Cash flow from year 5 -25 = $70,000

Discount rate = 12%

Present value = $336,405.28

I hope my answer helps you

4 0
3 years ago
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