Answer:
Net Cash flow from operating $55,000
Explanation:
<em>To determine the net cash flow from operating activities. We will adjust the net income as follows; all decrease in assets and increase in liabilities are added and all increase in assets and decrease in liabilities are subtracted.</em>
Amazing Industries 2018
Cash flow from operating activities
$
Net Income 48,000
<em>Adjustments:</em>
less gain on sale of land (4,000)
Add depreciation expense 7.000
increase in current asset (1,000) i,e <em>(49,000 -48,000)</em>
Increase in current liabilities <u>5000</u> i.e <em>(42,000 -37,000)</em>
Net Cash flow from operating <u>55,000</u>
All decrease in assets and increase in liabilities are added. All increase in assets and decrease in liabilities are subtracte<u>d.</u>
Household spending on goods and services is known as consumption spending.
Explanation:
Consumption spending is the purchasing of goods and services by individuals or families. At the macroeconomic point, it is the bulk of aggregate demand. Household spending is the amount resident households pay for end-consumption spending to meet their daily needs.
Consumer spending is the overall money that individuals and households spend on the final goods and services for personal use and pleasure in an economy. Consumer spending is a major economic driving factor and a central principle in economic theory.
Answer:
475
Explanation:
The computation of the target level that should be set is given below:
= demand per day × (lead time + review period)+ safety stock
where
safety stock is
= z value at service level × standard deviation × √(review period + lead time)
= 1.64 × 5 × √(7 + 2)
= 24.67
Now the target level should be
= 50 × (7 + 2) + 24.67
= 474.67
= 475
Answer:
Deductible Interest is $11,250
Explanation:
Compute at the amount of $750,000 the interest Amy could deduct as follows:
Since the interest on loan secured by home could be deduct on the first $750,000 borrowing amount. Hence,
Deductible Interest = Interest Paid × ($750,000 / Loan Secured by income)
Deductible Interest = $12,000 × ($750,000 / $800,000)
Deductible Interest = $11,250
Hence, the Amy could deduct interest on borrowing $11,250
Answer:
Money owing to bank, Motor Van, Stock of goods
Explanation:
