Answer:
The answer is: Union shop
Explanation:
Union shop refers to an agreement between a company and a labor union making it mandatory that all employees must belong to the labor union or if they are hired recently, they must join the union within a certain period of time.
In this case the time given to Max was 8 weeks for him to join the union or he would not be able to work there.
Option (B) The net cash provided by investing activities is $99000 is correct.
<h3>What is net cash?</h3>
- On a company's financial statements, net cash is a sum that is given.
- It is determined by deducting a company's total cash from its total liabilities.
- When assessing the cash flows of a corporation, the net cash figure is frequently utilized.
<h3>What is cash flow?</h3>
- The net balance of money coming into and going out of a business at a particular period is referred to as cash flow.
- A firm constantly receives and expends cash.
- For instance, when a retailer buys merchandise, money leaves the company and goes to its suppliers.
<h3>Calculation of Net cash provided by investing activities:</h3>
Net cash provided by investing activities = land ($154000 cash inflow) - equipment purchase ($55000 cash outflow) = $99000
Hence, The net cash provided by investing activities is $99000.
Learn more about cash flow here:
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Answer:
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Explanation:
Step 1 of 2
Calculate the amount of factoring fee.
Factoring fee = 5% ×Account Receivable
=5%×$75,000
=$3,750
Step 2 of 2. Journey record. Image attached.
Debit cash by $71,250, factoring expense by $3,750 and credit account receivable by $75,000.
Answer:
The main focus of presentation will be Sales forecast and expected revenue.
Explanation:
In the presentation the main focus will be the sales forecast. The monthly budgeted sales will be presented to the team and target should be made realistic so that they are achievable. There can be fluctuations in the sales because of seasonal effect or due to some other reasons. The trend should be analyzed before determining the sales targets.