Answer:
Net cash flow as at the year end= $22,100
Explanation:
The statement of cash flows for Moore shall be calculated as follows:
Cash balance as at January 1, 2018= $54,000
Cash inflow from operating activities= $35,600
Cash outflow from investing activities= ($43,000)
Cash outflow from financing activities= ($24,500)
Net cash flow as at the year end= $22,100
Answer:
1. 48 dollars
2. 30 dollars
Explanation:
The yearly premium on their homeowner's insurance policy is $600 for the coverage they need.
Their insurance company offers a discount of 8 percent if they install dead-bolt locks on all exterior doors.The couple can also receive a discount of 5 percent if they install smoke detectors on each floor.
1. What discount will Dave and Ellen receive if they install the dead-bolt locks?
discount for deadbolts =
Discount % x Premium
0.08 x 600 = 48 dollars
b. What discount will Dave and Ellen receive if they install smoke detectors?
discount for deadbolts =
Discount% x Premium
0.05 x 600 = 30 dollars
Answer:
e. $20
Explanation:
The net asset value (N) for The New American Enterprise Mutual Fund's portfolio is given by the funds total value ($120,000,000) subtracted by its liabilities ($4,000,000) and then divided by the number of shares issued (5,800,000) .
The fund's net asset value is $20
The correct answer is "bona fide occupational qualification." This term signifies a characteristic of a potential employee that an employer is permitted to consider when hiring (like age, in this example). In other contexts, this would be seen as discrimination, and would thus be illegal. There must be a reason behind bona fide occupational qualification, as described in this example.
Answer:
Effect on income= $2,000 decrease
Explanation:
Giving the following information:
Selling price= $10 per unit.
Variable costs are $4 per unit
A move to a larger facility would increase rent expense by $8,000, and allow the company to meet its demand for an additional 1,000 units.
We need to calculate the effect in the income of moving to a larger facility.
Effect on income= total contribution margin increase - increase in fixed costs
Effect on income= 1,000*(10 - 4) - 8,000
Effect on income= $2,000 decrease
