Answer:
hey wasup how you doing no ok
Explanation:
Answer:
Explanation:
Year 1:
Cash collected from clients $154,000
Salaries paid to employees for services rendered during the year $27,000
Utilities $84,000
Purchase of insurance policy $58,200
So, in order to find net cash flow, $(154000-27000-84000-58200)=-15200
Year 2:
Cash collected from clients $184,000
Salaries paid 34000
Utilities paid 94000
Insurance paid is 0
So, net cash flow $184000-$(34000+94000)=$56000
Year1 paid 27000 in salaries, accrued =32000
So still 5000 has to be paid in year 2
Year 2 paid 34000 ⇒ so accrued is 29000
Insurance accrued for each year is 58200/3=19400
Income statement for year 1 and 2
year1 year2
Revenue:
Income from services 182000 232000
Expense
Salary 84000 94000
Utilities 32000 29000
Insurance 19400 19400
Net income 46600 89600
Answer:
c. Trademark.
Explanation:
it is a termed used for identification of signed or design of some particular corporation. sometimes trademark become more famous than corporation therefore main motives behind trademark is to used as a symbolization of corporation. It is used to protect the original design of the company and brand name.
Answer:
a. Items 1,5,9 and 10
Explanation:
M1 refers to Money Supply which includes physical currencies, coins, demand deposits, amounts in checking accounts, liquid cash and other forms of cash that can be withdrawn immediately eg in ATM.
<u>Items under M1 from the question are:</u>
3. Currency (coins and paper money) in circulation
6. Checkable deposits
M2 refers to money supply that comprises of the items in M1 and also include other types of deposits eg Savings deposits, mutual funds by individuals, time deposits. Funds that even though cannot be readily converted to cash but can be withdrawn with more effort.
<u>Items under M2 from the question are:</u>
2. Non-checkable savings deposits
4. Small-denominated (under $100,000) time deposits
7. Money market deposit accounts
8. Money market mutual fund balances held by individuals
Answer:
$15,500
Explanation:
Whenever there is a movement in cash over a given period, it is usually as a result of receipts and disbursement over the period and can be denoted as;
Opening balance + Receipts - Disbursements = Closing balance.
However, if the company intends to maintain closing balance, the amount to be borrowed would form part of the receipts.
$18,500 + receipts - $189,000 = $30,500
Receipts = $30,500 + $189,000 - $18,500
Receipts = $201,000
Given budgeted cash receipts, totalled $185,500, then amount to borrow
= $201,000 - $185,500
= $15,500
