Answer:
$9,097
Explanation:
Net cash flow from operating activities = + $47,042
Net cash flow from investing activities = - $21,831
Net cash flow from financing activities = - $28,397
Net cash flows for the period = - $3,186
Beginning cash account balance = $12,283
Net cash flows for the period = - $3,186
Ending cash balance = $9,097
Answer: to increase interest rates which reduced aggregate demand.
Explanation:
Since the money supply was contracted to reduce the rate of inflation, this will lead to increase interest rates which reduced aggregate demand.
In this case as a result of the increase in the interest rate, people will prefer to save their money in the banks and thus will result in less money in circulation which ultimately reduces the demand for goods and services.
Answer:
$3,785
Explanation:
FIFO Inventory valuation method requires that the Inventory which is purchased first should be sold first and inventory Purchased at last should be sold at last.
As we know Gross profit is the Net of Sales and Cost of Goods Sold.
Sales $9,800
Cost of Goods Sold <u>($6,015)</u>
Gross Profit <u>$3,785</u>
All workings are made in an MS Excel File, which is attached with this answer Please find it.
Answer:
The answer is A.
Explanation:
They are easier to buy and sell than other forms of investment. When they say an asset is liquid, it means it can easily be turned or converted to cash. Liquid stocks and bonds are easier to sell and buy because they will be see a buyer and seller to pay in exchange for cash.
Illiquid means they are difficult to sell and buy or they are difficult to be converted to cash
Answer: No.
Explanation: Based on the initial agreement made between Champs Tee shirt company and Barry's sport shop, which was the de sealed for the purchase of 200 shirts at a price of 100. Even though additional demand of 100 t-shirts was made, Champs decided to send 200. Barry will be unable to force Champs to send the additional 100 because the transaction was made and agreed on verbally without any written. or signed document which could be tendered as evidence when trying to force Champs to send the additional 100
