Answer:
Debit cost of goods sold $40,000
Explanation:
As with the details of inventory we have:
Opening value of inventory = $50,000
Purchases = $100,000
Thus, total inventory = $150,000
On the closing date we have the balance of inventory in hand = $110,000
Therefore, cost of goods sold = Total inventory - Closing
= $150,000 - $110,000 = $40,000
Cost of goods sold is an expense, and shall be debited.
It helps you save a lot of money, if you are on zero budget you wont be as willing to spend money on non sense rather than if you were to have say a weekly budget to where you know how much money you can spend on non sense. hope that makes sense.
Answer:
OPtion (C) is correct.
Explanation:
Given that,
Issuance of common stock = $100,000
Dividends paid to the company's stockholders = $2,000
Depreciation expense = $6,000
Repayment of principal on bonds = $40,000
Proceeds from the sale of the company's used equipment = $39,000
Purchase of land = $230,000
Cash flow from financing activities:
= Issuance of common stock - Dividends paid to the common stockholders - Repayment of principal on the company's own bonds
= $100,000 - $2,000 - $40,000
= $58,000
Therefore, the net cash inflow from financing activities is $58,000.
Answer:
Answer is $10,500.
Refer below.
Explanation:
Camille's Café is considering a project that will not produce any sales but will decrease cash expenses by $12,000. If the project is implemented, taxes will increase from $23,000 to $24,500 and depreciation will increase from $4,000 to $5,500. The amount of the operating cash flow using the top-down approach is:
$10,500
If Xerox commercializes PC technology and its rivals do not Xerox payoff is expected to be $250m, whereas the competitors’ payoff is $75m.
<h3>What is game theory?</h3>
This is the game strategy that involves two players where each of the players have to pick the most favorable choice based on the choice of the other person.
Here it would be best for Xerox to pick option B because this is where they would be able to get the most advantage.
Read more on game theory here:
brainly.com/question/13548182
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<h3>Complete question</h3>
Game theory can help us understand why Xerox did not successfully exploit the opportunity it had inIT. If both Xerox and competitors continue with old technology the payoff for XeroxSelect one:a.
is $150m, whereas the competitors’ payoff is $325m.
b. is $2
50m, whereas the competitors’ payoff is $75m.
c.
is $75m, whereas the competitors’ payoff is $250m.
d.
is $325m, whereas the competitors’ payoff is $150m.