Where would you go to set up margins on a letter?

In 2020, Monty Corporation had net cash provided by operating activities of $486,000, net cash used by investing activities of $

Marina CMI [18]

Answer:

Monty Corporation

Computation of Cash at December 31, 2020:

$485,000.

Explanation:

a) Data and Calculations:

Net cash provided by operating activities = $486,000

Net cash used by investing activities = (976,000)

Net cash provided by financing activities = $627,000

Net cash inflow = $ 137,000

January 1, 2020 Cash balance 348,000

December 31, 2020 Cash balance $485,000

b) The above implies that Monty made more (cash inflow) cash of $137,000 between January 1, 2020 and December 31, 2020. This is added to the January 1, 2020 cash balance to arrive at the December 31, 2020 cash balance.

6 0

3 years ago

some technical analysts use fibonacci numbers to predict: market turnarounds. primary trend breakthroughs. resistance and suppor

Vesna [10]

Some technical analysts use fibonacci numbers to predict resistance and support levels. The correct answer is C.

The numbers in the Fibonacci sequence are: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, etc. This series has an unlimited number of terms, each of which is simply the sum of the two terms before it. The fact that each number in this series is around 1.618 times bigger than the one before it is one of its notable features.

Technical traders frequently use Fibonacci retracements. They are based on the crucial numbers that Leonardo Pisano, also known as Fibonacci, identified in the 13th century. The ratios between the numbers in the Fibonacci sequence, rather than the sequence of numbers themselves, are what matter.

Similar to how they function in nature, Fibonacci ratios appear to have an impact on the stock market. Technical traders try to utilize them to identify turning points where the price momentum of an asset is likely to change.

Know more about Fibonacci click:

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4 0

2 years ago

Making a promise to deliver a product and making sure it happens no matter what shows ______.

kicyunya [14]

You can make a promise and really mean it, but later not deliver it - you would still be honest.

You can be confident in your promise and still not deliver it.

But if you really delivered what you promised, you would be reliable - the correct answer is c)

4 0

4 years ago

Read 2 more answers

Indiana Co. began a construction project in 2016 with a contract price of $150 million to be received when the project is comple

notka56 [123]

Answer:

The correct option is C. Recognize $9 million Gross Profit in 2016.

Explanation:

IFRS-15 states that a 4-step approach should be followed when the performance obligation is satisfied over a period of Time. In-this case, the performance obligation will be satisfied within three years from 2016 to 2018.

4-step Approach:

1) First of all you have to calculate the over gain/loss of the project, and the result will decide the entries to be made. In this case, the contract price is $150m and the total costs (Costs incurred + Expected Costs) are $120m. This gives us a Profit of $30m.

2) In the second step, we have to determine the progress of the contract, It means that how much work have we done so far. There are two methods to calculate the progress: Input Method and the Output Method. Based on the data available, we will go for Input Method. To calculate progress under this method, simply divide the costs incurred by the total costs and multiply the result with 100 to get the percentage. 30% is the progress of the contract.

3) Revenue (150 * 30%) = $45m

COS (120 * 30%) = $36m

Gross Profit = $9m

* 120 is the Total Cost.

4) The last step involves determining Contract Assets and Liabilities. I won't go in to the detail because this step is not concerned with your question. You are open to ask questions regarding this step if you need.

Thanks.

8 0

3 years ago

Floods, product failure, change in demand, and ineffective sales are all examples of _____. costs rewards risks revenue

ValentinkaMS [17]

Floods, product failure, change in demand and cost ineffective sales are all examples of a risk. These examples are a possibility for a company loss that will impact the company profit. Therefore, risk analysis is needed that will outline what you are prepared and how you are going to respond to risk.

3 0

4 years ago

Read 2 more answers