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3 years ago

Tiger Trade has the following cash transactions for the period.

Business

1 answer:

insens350 [35]3 years ago

7 0

Answer:

Cash flow from operating activities

Cash inflows

Cash received from sale of products to customer $35,000

Cash received from sale of services to customer $25,000

Cash outflows:

Cash paid to merchandise suppliers ($11,000)

Cash paid to workers ($23,000)

Cash paid for advertisement ($3,000)

Net cash flow from operating activities $23,000

Cash flow from investing activities

Cash paid to purchase factory equipment ($45,000)

Cash received from sale of warehouse $12,000

Net cash flow from investing activities ($33,000)

Cash flow from financing activities

Dividend paid ($5000)

Cash received from bank loan $40,000

Net cashflow from financing activities $35,000

Net cash increase $25,000

Cash at the beginning of the year $4,000

Cash at the end of the year $29,000

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HACTEHA [7]

If firm in a perfectly competitive market triples the quantity of output sold, then total revenue will exactly triple.

<h3>What Is Perfect Competition? </h3>

Perfect competition do take place in a market as a result of a situation when all companies sell identical products and un this case, market share does not influence price.

Therefore, in this market, quantity of output sold and total revenue will be the same.

Learn more about Perfect Competition at;

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2 years ago

Define the limits of the principle of commonality in regards to individuals, government, and corporations.

Mandarinka [93]

Answer:

The answer is below

Explanation:

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2. Economic power: for most common goods that are considered beneficial to society are often capital intensive. Be either corporation, government, or individuals, need a good amount of capital to facilitate necessarily sustainable advancement.

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4 years ago

Match the following Teamwork Skills to their descriptions

kolbaska11 [484]

Answer:

See below

Explanation:

1. Cooperative

Works well with others: A cooperative person fits into teams easily. They willingly undertake tasks and requires no ''pushing'' to fulfill their obligations.

2. Participates

You are involved in activities. It is getting involved in events, functions, or processes as opposed to spectating.

3. Flexible

You adapt to others' ideas. A flexible person accepts and implements other people's ideas. They are not rigid and can work in different environments.

4. Committed

You are responsible and dedicated. A committed individual shows enthusiasm and willingness to achieve the set goals

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You are willing to share ideas and knowledge. One is not shy or mean in expressing their ideas and feeling with team members or third parties.

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3 years ago

The manager of the bank where you work tells you that your bank has $6 million in excess reserves. She also tells you that the b

sukhopar [10]

Answer and Explanation:

The computation of the reserve requirement is given below;

Required reserves is

= Deposits - loans - excess reserves

= $400 - $362 - $6

= 32 million

And,

Required reserve ratio is

= Required reserves ÷ Deposits

= 32 ÷ 400

= 8%

In this way, it should be determined so that the correct value & percentage could come

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3 years ago

Although a major advantage of the corporate form of entity is the liability protection for its principals, there are some cases

Triss [41]

Answer:

A) This is called piercing the corporate veil and may result in significant liability for the corporation's principals.

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The phrase "Piercing the corporate veil" is used to describe a situation where a court will put aside limited liability and hold a corporation's shareholders or directors liable for the actions and liabilities of the corporation.

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"unity of interest and ownership": interest of the shareholders doesn't stand together anymore.
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3 years ago