8,400 is your answer all you have to do is add the 4 sales and subtract the discounts and the returns
Answer:
Both an initial cash outflow and future cash inflow
Explanation:
Net value cash flow is the different cash flows that happens at different times. It takes into account the initial cash outflow or capital investment and the amount that it would be getting in the future that is the future cash inflow.
The net present value gives us a difference between cash inflows and cash outflows in their present values over a period of time.
I believe the answer is: B. <span>businesses making the same product agree to limit production.
In a monopoly, only one single business exist that control the production of a certain goods in the market.
For cartel, there are a lot of established businesses with different ownership, but they agreed to control their production in order to maintain the price level in the market.
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Answer:
A. An asset would be debited and a Liability credited.
Explanation:
Purchasing on account means buying on credit. The debts of the business increase. As a result, liabilities increase.
Equipment is a business asset. Purchasing equipment increases assets.
In the double-entry accounting system, An increase in an asset is recorded by debiting the asset account. An increase in liabilities is captured by crediting the liabilities account.
Answer:
4. Each $1.00 of assets in the firm generates $1.55 of sales revenue.
Explanation:
Given that
The asset turnover ratio is 1.55 times
Also, it could be calculated by applying the following formula
Asset turnover ratio is
= Sales ÷ Average assets
In this the comparison is made for generating the sales by considering the assets
Therefore in the given case, the last option is correct and hence the same is to be considered
