A and C
Life insurance and auto insurance increases with age.
This is true. They want their money back but they also want to make money so they do this. Hope this helps! ;)
Answer:
Invested in some way, not available as a liquid asset.
Explanation:
Banks do not keep all deposited money as liquid assets, such as cash in the house. Actually, they only keep a small amount enough to run the day to day transactions, such as withdrawals. The majority is invested in stocks or lent in some way to generate interest. Putting it simply, there simply is not enough money in them to pay all the deposits if all clients decided to withdraw all their deposited money at the same time.
Answer:
The correct answer is Net cash= 96.100,00
Explanation:
Depreciation expenses must be added back to net income.
Also, Increase in accounts payable is added to net income
Gain on sale of land and Increase in merchandise inventory are subtracted from net income
So,
Indirect Method
Net income 86.300,00
Depreciation expense 13.000,00
Increase in accounts payable 7.150,00
Gain on sale of land (7.300,00)
Increase in merchandise inventory (3.050,00)
Net cash 96.100,00
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