Answer:
$3,400,000
Explanation:
The computation of the credit sales is shown below:
As we know that
Closing balance of accounts receivables = Opening balance of accounts receivables + Credit Sales - Bad debts written off - Cash collected from credit customers
$750,000 = $550,000 + credit sales - $460,000 - $4,060,000
$750,000 = $4,150,000 + credit sales
So, the credit sales is
= $4,150,000 - $750,000
= $3,400,000
Simply we applied the above formula
Answer:
Net financing cashflows are $ 35,000.
Explanation:
A company generates cashflow from three activities that are cash from operations , cash from financing activities and cash from investing activities. The company net cash flow is total of these above specified. So we can determine net financing cashflows from the equation given below.
<em>total change in cash = net operating cash flows + net investing cash flows + net financing cash flows</em>
net financing cash flows = $ 35,000
<em />
<em />
Answer: $4.34
Explanation:
The net income for diluted earnings per share will be calculated as:
Net income: $2,500,000
Less: preferred dividend: $300,000
= $2,200,000
To calculate the number of shares goes thus:
Total shares of stock options = 10,000 × 20 = 200,000 shares
Proceeds = 200,000 × $29
= $580,000
Shares of treasury stock will be:
= $580,000/$30
= 193,333 shares
Net shares added will be:
= 200000 - 193333
= 6667
Tge total shares for the diluted earnings per share will now be:
= 500,000 + 6667
= 506,667
The diluted earnings per share:
= $2,200,000/506667
= $4.34
Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>
<h3>What is a country club manager's style?</h3>
A country club manager's leadership depicts a manager who scores low on productivity but high on concern for people.
Country club managers are attentive to the:
- Security
- Well-being
- Harmony of subordinates.
Thus, Ari does not like conflict and will often let his employees get away with inappropriate behavior on the job. Ari would most likely be considered a <u>country club manager.</u>
Learn more about Country Club Managers at brainly.com/question/15877035
#SPJ12