Answer:
option a. 8.3%
Explanation:
Data provided in the question:
Sales = $3,500,000
Net cash flow from operating activities = $350,000
Net cash flow used for investing activities = $100,000
Net cash flow used for financing activities = $200,000
Free cash flow = $290,000
Now,
The Free Cash Flow to Sales Ratio = [ Free Cash Flow ÷ Sales ] × 100
%
= [ $290,000 ÷ $3,500,000 ] × 100
%
= 8.3%
Hence,
The correct answer is option a. 8.3%
The answer is: "peer-to-peer lending" .
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Answer:
D
Explanation:
Allowance for bad debt reduces the AR balance on the balance sheet, so will always be a credit balance. As the existing balance is $1,300 and the final balance needs to be $41,900, an adjusting entry of $40,600 is required on the credit side of the balance sheet.
The right answer is <span>D) Surplus.</span>