Answer:
c. The net cash flow is positive.
Explanation:
A net positive balance occurs when the total cash inflow exceeds total cash outflows. Inflow is cash coming in, while outflow is cash leaving the business. In a business, sales represent cash inflows, while expenditure represents cash outflows.
In this case, the sales total to $1,600 while expenses are $1,490. The net cash flow is the difference between the inflows and the outflows. Here, the difference is a positive $110.
Answer: $828
Explanation:
Given the following :
Semi-annual payment = $40
Period = 20 years
Number of payments = (20 * 2)(semiannual) = 40 payments
Par value = $1000
Interest rate = 5%
Using the PV table:
PV at $1 (40, 5%) = 0.1420
PVA at $1 (40, 5%) = 17.159
[Par value * PV at $1 (40, 5%)] + [$40 * PVA at $1 (40, 5%)]
= ($1000 * 0.1420) + ($40 * 17.159)
= $142 + $686.36
=$828.36
= $826
Answer:
The answer is: Union shop
Explanation:
Union shop refers to an agreement between a company and a labor union making it mandatory that all employees must belong to the labor union or if they are hired recently, they must join the union within a certain period of time.
In this case the time given to Max was 8 weeks for him to join the union or he would not be able to work there.
Answer:
The correct answer is letter "C": "Mission Statement".
Explanation:
A company's mission statement represents the objective that the firm must set. That objective must last and should be adaptable to the changes it could be exposed to. It clearly states the purpose of the company and why it exists and operates. The mission statement also identifies by whom the entity is formed and their respective functions.
already answered this question for you in a previous post.
