Answer:
C) $16,000.
Explanation:
cash paid for insurance premiums = total insurance expense + ending balance of prepaid insurance - beginning balance of prepaid insurance
cash paid for insurance premiums = $15,200 + $3,000 - $2,200 = $16,000
Generally when you purchase an insurance policy you can either pay every month or pay for several months in advance and get a discount. When you pay for several months in advance, you must debit prepaid insurance. Then as time passes, you must accrue insurance expense. For e.g. you pay $2,400 today for a 1 year insurance premium, and at the end of the month you will accrue $200 of insurance expense. But your cash payment was made today.
For imports:
You import when there is lack of production in your own country
or when another country offers a cheaper price and/or better quality good than your own country's industry
for exports:
production surplus.
Answer:
The answer is B, both capital expenditure and dividends paid.
Explanation:
In the Statement os Cash Flow, cash provided by operating activities fails to take into account that a company must invest in a new property, plant, and equipment and must maintain dividends at current levels to satisfy investors.
Free cash flow describer the net cash provided by operating activities after adjusting for capital expenditures and dividens paid.
1. Gross income - h. Total income before any deductions are taken
2. Net income - f. Take–home pay
3. Voluntary salary deduction - j. Money you have given
4. Involuntary salary deduction - a. Money taken from your gross pay that you have no control over
5. Fixed expenses - e. Expenditures that are constant from one time period to another
6. Discretionary spending - b. Expenditures that are under your control
7. Fixed income - i. Income that does not vary from one time period to another
8. Principal - d. The initial amount of money that was invested or borrowed
9. Salaried employee - g. Someone who receives a regular salary for employment
10. Insolvent - c. Unable to discharge liabilities or repay debts
A boat in the calm seas travels in a straight lir and ends the trip 22 km west and 53 km nort of its original position. To the nearest tenth of degree , find the direction of the trip. Assume the start is at (0,0 ) The end is at (-22,53 ) . direction =tan^ ^ -1(-53/22)=-67.46 But the angle is in the 2nd Quadrant. So, direction ion = - 67.46 + 180 = 112.54 degree Cheers Stan H.
