Answer:
$1,512,625
Explanation:
The computation of the total stockholders’ equity is shown below:
= Common stock balance + retained earnings balance + net income - dividend paid - purchase of common stock
= $975,000 + $535,000 + $127,000 - $24,375 - $ $100,000
= $1,512,625
We added the Common stock balance, retained earnings balance, net income and deducted the dividend paid and purchase of common stock so that the accurate amount can come.
Answer:
$20 million is expected to have cash balance at the end of the year.
$39 million is the maximum possible investment funds that company is expected to invest.
Yes it is true net cash flow is likely to decrease in the next quarter if the company allows customer to pay in 90 days instead of 60 days.
Answer: D. Both countries
Explanation:
The options include:
A. neither country
B. the country with lower production costs
C. the country with higher production costs
D. both countries
Comparative advantage occurs when a particular country produces a certain goods based on the fact that it has a lower opportunity cost of its production when compared to the other country. This typically occurs in international trade.
Comparative advantage is beneficial to both countries that are involved as the countries purchase the goods that it doesn't have a comparative advantage in from the other country.
Answer:
Accounts Payable 8900 Inventory 178 Cash 8722
Explanation:
The journal entry is shown below:
Accounts payable $8,900
To inventory $178 ($8,900 × 2%)
To Cash $8,722
(Being the payment is recorded)
Here the account payable is debited as it decreased the liabilities and the inventory and cash is credited as it also decreased the assets
Therefore the last option is correct
Answer:
Collection float
Explanation:
Collection float is defined as the time interval between check payment made into a bank and the time the payment is cleared and credited to the beneficiary.
It is also caused when check payment received are not yet deposited or checks posted by customer but it is not yet received.
It is a major factor of discrepancy between the bank statement and the cash book record .