Answer:
Cash flow <em>generated </em>from financing activities 400,000
Cash flow <em>used </em>in Investing activities 7,800,000
Explanation:
700,000 debt receive
-500,000 dividends paid
200,000 other adjustment on Financing
400,000 TOTAL CASH GENERATED
-8,300,000 purchase of PPE
500,000 other adjustment on Inventing
-7,800,000 TOTAL CASH USED
<u>Notice: </u>There is no hint about the adjustment being related as negative, so it should be assuem are positive cashflow.
Answer:
Debit : Bad Debts account : $2000 (appearing in the income statement)
Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)
Explanation:
This is an example of provision for doubtful debts. Provision for doubtful debts is an estimated amount of bad debts from accounts receivables that has been issues but not yet collected. This is done under the accrual accounting concept where an expense is identified as soon as invoices have been issued rather than waiting long periods to find out which invoice is irrecoverable. It is typically an estimate based on past experience.
In this question, the sales value has not been provided, hence an assumption is made:
Sales : $200,000
If provision for doubtful debts is 1% of sales and all sales is on credit, then the provision for doubtful debts amount is = 1% x $200,000 = $2000
Provision for doubtful debts is an accounts receivable contra account and thus has a credit balance and is recorded in the balance sheet, listed directly under accounts receivables.
The entry is recorded as:
Debit : Bad Debts account : $2000 (appearing in the income statement)
Credit : Provision for doubtful debts account : $2000 (appearing in the balance sheet)
Answer:
Explanation:
Price elasticity = Percentage change in demand/Percentage change in Price
Percentage change in Q= 513-236=277/513x100 = 53.99%
Percentage change in P= 0.89-0.67= 0.22/0.67x100 = 32.83%
Ed=53.99/32.83 = 1.6
Since the price elasticity of demand is elastic so the company should decrease the price to increase revenu
The right answer is community settings :D
Answer:
A.material symbols
Explanation:
When conveying culture through material symbols, the organisation communicates the profile of someone who is important, the expected behaviours, and traits that give degree of equality in the organisation.
By addressing the attorney by his title the message conveyed is that the attorney's status is something that every employee should strive to achieve, so that they earn the right of equality (to be called by their title).
