Answer:
A) Total current assets are reduced
Explanation:
The account receivables are included in the Current Assets side and when the company writes off the debt of a client it reduce the value of the assets in the balance sheets to reflect that the amount to be collected it's less that the current amount.
This reduction in the Current Assets have an impact in the Losses of the company in the Income Statement and it must be reflected.
Answer:
b. -$350,000
Explanation:
The calculation of net cash used in financing activities is shown below:-
Net cash used in cash flow from financing activities = Borrow from bank - Dividend paid + Issue common Stock - Loan repaid
= $1,250,000 - $1,200,000 + $500,000 - $900,000
= -$350,000
Therefore for calculating the net cash used in financing activities we simply applied the above formula.
Answer:
The pertinent focuses for Dan Jacobs choice are referenced beneath.
- The new hardware would cost GreenLife $4,500,000
-
The new hardware would twofold the creation yield of the old apparatus
The expense of new hardware and the expansion in the creation yield by 100% are the future expenses and incomes and thus they are significant for dynamic.
The old apparatus is bought previously. Consequently, the price tag of the old apparatus is immaterial for dynamic procedure. Tho director ought to consider the resale estimation of old apparatus in the dynamic. Tho resale estimation of old apparatus ought to be deducted from the expense of new hardware so as to ascertain the net money surge to buy the new apparatus.
The director ought to set up an expense and advantage examination or ascertain NPV (net present estimation) of the venture (capital planning investigation) to introduce it before the leader of the organization. The extra costs identified with extra creation ought to likewise be thought of. This investigation would support the supervisor and the president in dissecting that whether they should buy the new machine or not.
Answer:
DR Cash $589
DR Credit Card expense $31
CR Sales $620
<em>(To record sales via credit card)</em>
<u>Working</u>
Cash
= 620 * ( 1 - 5%)
= $589
Credit Card Expense
= 620 * 5%
= $31
Answer:
False
Explanation:
Signing a project charter rarther than project portfolio signal the trasition of a project from high level initiating phse into a more detailed project planning stage.
cheers.
