Answer and Explanation:
5. structurally unemployed.
Answer:
$3,826
Explanation:
Free cash flow is defines as the cash flow from a business that is avaible to security holders of the corporation. It is the cash that remains after a business finds its operations and capital assets.
Free cash flow can be used instead of earnings nper share to determine the profitability of a business, an advantage is that it remove non cash items from income statement.
Free cash flow= Cash flow from operations- cash flow from investing activity ( capital expenditure)
Free cash flow= 5,070- 1,244= $3,826
Answer:
2,000,000
Explanation:
As per the accounting equation, assets are equal to equity plus liabilities.
Assets = Equity + Liabilities
For this business
Assets = 700,000 + 1,300,000
Assets = 2,000,000
Answer:
The correct option will be option B.
Dr Accounts Receivable $100
Cr Service Revenue $100
Explanation:
The reason is that the service was delivered and the money was received at just after the service delivered (the same day). So there is no need to pass the entry which includes cash received against receivables because here the cash received is because we have delivered services no because of any amount receivable.
So the entry that must be passed:
Dr Cash $100
Cr Service Revenue $100
And what we have done is:
Dr Cash $100
Cr Accounts Receivables $100
The correct entry would be removal of the effect of decrease in receivable which must be increased and increase in revenue which has not been recognized.
So the entry is that will correct the books of accounts will be:
Dr Accounts Receivables $100
Cr Service Revenue $100