1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
USPshnik [31]
3 years ago
5

Jeff has a $2,000 salary and a $100 dividend income this month. This month Jeff has rent and utilities of $800 and he spent $350

on groceries and $100 on clothing. What is his net cash flow this month?
Business
1 answer:
Gnoma [55]3 years ago
3 0

Answer:

Net cash flow is $850

Explanation:

Net cash flow =Monthly Cash inflows  - Monthly Cash outflows

                       = Salary + Dividend Income - expenses

                       = $2,000 + $100 - $800 - $350 - $100

                       = $850

Therefore, Jeff's net cash flow for this month is $850.

You might be interested in
Hitzu Co. sold a copier costing $6,500 with a two-year parts warranty to a customer on August 16, 2018, for $13,000 cash. Hitzu
Marina CMI [18]

Answer and Explanation:

1. The computation of warranty expenses is shown below:-

Warranty expense in 2018 = Warranty for a customer × Rate of sales

= $13,000 × 6%

= $13,000 × 0.06

= $780

2. The computation of estimated warranty liability is shown below:-

As we have calculated in part 1 so it is same that is

Estimated warranty liability in 2018 = $780

3. The computation of Warranty expenses in 2019 is shown below:-

In 2019 no warranty expense is there so the correct answer is $0

4. The computation of estimated warranty liability is shown below:-

Estimated warranty liability = Warranty expenses in 2018 - Repairs cost

= $780 - $121

= $659

5. The Journal entries is shown below:

a. Cash Dr, $13,000

            To Sales $13,000

(Being cash is recorded)

b. Cost of goods sold Dr, $6,500

        To Merchandise inventory $6,500

(Being cost of goods sold is recorded)

c. Warranty expense $650

         To Estimated warranty liability $650

(Being warranty expenses is recorded)

Estimated warranty liability Dr, $121

           To Repair parts inventory $121

(Being warranty liability is recorded)

4 0
3 years ago
Explain why the order of operations is necessary for simplifying numerical expressions
Musya8 [376]
The order of operations is necessary for simplifying numerical expressions because it ensures that the expression is simplified correctly through a series of steps proven to be efficient in simplification.
3 0
3 years ago
The process of conducting business on an international scale is a part of _____. globalization Communism mercantilism Socialism
Vlad [161]

The answer is globalization.  This is when you are now bringing your economy from domestic to international level where you are now engaging in business transactions with other countries overseas. There will be many hurdles but these are necessary when competing in the global market.

7 0
3 years ago
Read 2 more answers
Identify whether the following paragraph uses a direct, indirect, or semi-indirect organizational pattern.
Anna007 [38]

Answer:

Correct answer is B that is <u>Indirect Organizational Pattern</u>

6 0
3 years ago
Read 2 more answers
How does the market price of a good in a monopoly market compare with the market price of the same good in a perfectly competiti
Marysya12 [62]
<span>In a monopoly, prices are usually higher
 because there's no competition,
 whereas in a competitive market items which  are not priced orderly may never sell
so correct option is A 
hope it helps

</span>
6 0
3 years ago
Read 2 more answers
Other questions:
  • Alex received two job offers. He is not sure whether he should take a job at the movie theater that is close to his house and pa
    14·1 answer
  • Firms that sell luxury products, custom-made products, and services often take the time to significantly modify their products i
    5·1 answer
  • Scenario D. Jimena works for a small company that makes nut butters from ingredients like cashews and macadamia nuts, and jams f
    13·1 answer
  • There are many activities in marketing that are interrelated and similar in purpose. These activities are referred to as marketi
    10·1 answer
  • Beranek Corp has $720,000 of assets, and it uses no debt--it is financed only with common equity. The new CFO wants to employ en
    6·1 answer
  • Start is to begin, employ is to -----.
    9·2 answers
  • If Karla spent $200 on Wednesday to have the windows in her building washed, recorded the
    7·1 answer
  • A stock just paid an annual dividend of $1.8. The dividend is expected to grow by 8% per year for the next 3 years. The growth r
    7·1 answer
  • Wall Street performs a sort of "financial alchemy" enabling the individual to benefit from institutions lending money to them, a
    7·1 answer
  • Identify a type of market failure. Provide an example of that type of market failure and briefly explain one way that the govern
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!