Answer:
The Cost of Goods Sold will be understated by $6,900 and the Sales Revenue will be understated by $2,500.
Explanation:
The sale of goods on credit will affect the Cost of sales and the Sales Revenue. The Cost of Goods Sold will be understated by $6,900 and the Sales Revenue will be understated by $2,500.
Create test plan, develope scenarios, implement, summarize feedback, and retest.
The planning of this project must have several stages, in general they can be classified as planning, execution and review.
<h3>What is planning?</h3>
Planning is a term that refers to the decision-making process to achieve a specific objective taking into account the current situation and the internal and external factors that may influence the achievement of the objectives.
According to the above, planning would be the first process because in this we are going to draw a route of action in which we are going to specify all the tasks prior to the realization of the web page. This stage includes activities such as:
- Interview with clients.
- Photos of services and products.
- Information gathering.
- Establishment of dates and objectives.
In the execution stage, the creators of the page begin to work on the design and publication of the page, including all the information previously collected.
In the review stage, the entire team reviews whether the objectives set are being achieved and the necessary corrections are made.
Learn more about planning in: brainly.com/question/1933524
Answer:
Option C. A positive cash flow to creditors represents a net cash outflow from the firm.
Explanation:
Cash flow is simply defined as The difference realised or gotten between the number of dollars that came in and out of the company. Cash is realised or generated by firm through activities and it is either paid to creditors or paid out to owners of Firm.
Cash flow to creditors simply connote the net payments to creditors and owners during year. Often called Cash Flow to Bondholders
Mathematically, Cash Flow to Creditors = Interest - (Long Term Debt of Current Year - Long Term Debt of Previous Year).
A positive cash flow shows that cash has enter into the company thereby increasing the asset levels.
Cash flow to creditors covers the amount of profit that a company pays to the debt holders in the space of an accounting term or period.
Answer:
the dividend paid to preferred stockholders and paid to common stockholders is $21,000 and $2,000 respectively
Explanation:
The computation of the dividend paid to preferred stockholders and paid to common stockholders is shown below:
For preferred stockholders
= (2,000 × 7% × $50) × 3 years (2019,2020 and 2021)
= $7,000 × 3 years
= $21,000
And, for common stockholders
= $23,000 - $21,000
= $2,000
Hence, the dividend paid to preferred stockholders and paid to common stockholders is $21,000 and $2,000 respectively
