Answer:
The statement is: False.
Explanation:
Business is one of the fields that require paperwork and reports to be transmitted seriously because of the type of information handled. <em>Inflation rates, the annual Gross Domestic Product (GDP) </em>or <em>a country's economic policy</em> are typical topics dealt in this field. For that reason, business writers <em>must be formal</em> without being afraid of using technical terminology where necessary.
True. It will use up valuable space.
Complex decision often needed to be done by cutting off several corners for the most efficient decision to be enactdd.
For example, during the period when business slowed down, one of the most efficient method to maintain the level of profit is simply by cutting down excessive amount of empployees, but that action is considered unethical
Hi there
The share of profit and loss based on their proportion of their capital
Total capital is
100000+60000=160000
Allison's share of profit is
80,000×(60,000÷160,000)=30,000
joshs share of profit is
80,000×(100,000÷160,000)=50,000
Good luck!
Answer:
1. Cash at December 31, 2017 is $413,000.
Explanation:
As per IAS-7, which deals with the Statement of Cash Flow, the year end Cash balance should be calculated as follows under indirect method:
Cash opening balance
Add: Net cash provided by operating activites
Less: Net cash used by investing activities
Add: Net cash provided by financing activities
Note: The terms "Provided" and "Used" are the basis of addition and subtraction.
<u>Calculation</u>
300,000 + 486,000 - 932,000 + 559,000 = $413,000.
