Answer:
There are a large number of buyers and sellers in a perfectly competitive market. The sellers are small firms, instead of large corporations capable of controlling prices through supply adjustments. They sell products with minimal differences in capabilities, features, and pricing.
Answer:
Working capital
Explanation:
is understood that Assets are more than the External liabilities and there is a positive difference between the two. ... When your Total Assets are more than your total outside liabilities, this indicates that your company is solvent
Answer:
b. $5,870
Explanation:
Data given in the question
Cash balance per books, May 31 $5,400
Deposits in transit $375
Notes receivable and interest collected by bank $650
Bank charge for check printing $40
Outstanding checks $2,400
NSF check $140
The computation of the adjusted cash balance per books is shown below:
= Cash balance per books + Notes receivable and interest collected - Bank charges - NSF check
= $5,400 + $650 - $40 - $140
= $5,870
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Answer:
Net cash provided by investing activities determination
Explanation:
Investing Activities involve the Sourcing of Capital and repayment of the Capital and Return to Holders of Sources of Finance.
Thus, Consider events which Source Capital (Involving Cash) and providing repayment of the Capital and Return to Holders of Sources of Finance.
