Answer:
a.$520,000
Explanation:
Amount($)
Sales for the year 500,000
Opening accounts receivable 100,000
Closing accounts receivable <u> (80,000)</u>
Cash received from customers <u> 520,000</u>
Cash received from customers to be reported on the cash flow statement using the direct method is $520,000.
Cash flow statements are usually stated using the direct method or indirect method.
Answer: $650,000
Explanation:
Given that,
Fair and par value of issued bonds = $150,000
Prior acquisition, McGuire reported
Total assets = $500,000
Liabilities = $280,000
Stockholders’ equity = $220,000
At that date, Able reported
Total assets = $400,000
Liabilities = $250,000
Stockholders’ equity = $150,000
Account payable to McGuire = $20,000
Total assets reported by McGuire after acquisition:
= Total assets + Fair value of investment
= $500,000 + $150,000
= $650,000
Answer:
B) there is a decrease in the quantity supplied of ice cream
Explanation:
normal market supply curve provide the relationship between quantity supply and the price of the community.
In this question the ice cream is the quantity supply,Given a normal market supply curve for ice cream,
In case, surgeon general states that ice cream causes cancer, then there will be decrease in the quantity supplied of ice cream because the value(price) has decreased then the quantity supplied of ice cream decreases.
Answer:
True
Explanation:
Primary deliverable delivers the project to the customer as a house so that they can go through about it and communicate with the seller regarding their queries and the seller has a responsibility to solve their queries timely in an effective and efficient manner so that the buyer can take interest to purchase.
And on the contrary, by doing this the seller makes his relationship with the buyer strong and long-lasting so seller provides customer support to the buyer. And when a buyer takes interest in the project so it is important that all the documentation should be fulfilled.
I believe the answer is A
