Answer:
a. $404,000
b. $60,000
Explanation:
a. The computation of cash received is shown below:
= Sales for the current year + increased in accounts receivable during the year
= $375,000 + $29,000
= $404,000
The increase in accounts receivable show the predicted cash which will be received in near by future. So, it is added in the computation part.
Hence, the amount of cash received from customers is $404,000
b. Computation of cash payment for income tax is shown below:
= Income tax for the current year + decrease in income tax payable during the year
= $39,000 + $21,000
= $60,000
Both transactions should be added to know the accurate figure of income tax payment made in cash.
Hence, the cash payments for income tax is $60,000
Answer:
D
Explanation:
Because the higher the quality of materials the more efficient the product will be
Answer: See explanation
Explanation:
Since the cheese companies are paying to store their excess cheese in hopes demand and prices will improve, then this will bring about the reduction in the supply of cheese in the market but the demand for cheese will still be constant.
Due to the fact that there is shortage of supply, the supply curve will shift leftward and as a result of this, the price if cheese will increase and the quantity demanded by the customers will then decrease as a result of price increase.
Answer:
Correct Answer:
A. Planning must be community based, representing the whole population and its needs.
Explanation:
In any given situation, there maybe need to manage and mitigate the threat, hazards caused by an individual. This mitigation would be done through planning in-order to over come it. <em>And, also, the planning could be individual based or group based (Community type of planning).</em>
D because it is a free coutry
