Answer:
a. $70,500
b. $7,500
c. $9,000
Explanation:
a. The computation of the amount of revenue is shown below:-
Amount of revenue = Ending balance of accounts receivable + Cash collected - Beginning balance of accounts receivable
= $10,500 + $72,000 - $12,000
= $70,500
b. The computation of net income earned during the accounting period is shown below:-
Net income = Revenue generated - Expenses
= $70,500 - $63,000
= $7,500
c. The computation of amount of cash flow from operating activities is shown below:-
Net cash flow from operating activities = Cash collection - Amount paid for operating expenses
= $72,000 - $63,000
= $9,000
Answer: 1. cutlet knife 2.carving 4.steak knife 5. salmon knife 6. Paring
7. Boning 8. Chef's knife 9. peeling knife 10. bread knife
Explanation:
Internal obstacle can rise from within the organization causing problems while external obstacle is from outside
Most important education systems for employment generation. With vocational and soft skills, people can enhance their competency, thereby increasing their chances of securing a job.
Answer:
A curve showing various combinations of two products a consumer can purchase with a specific amount of income.
Explanation:
Budget Line is a term or form of indication of consumer's budget constraints, which is used to describe several combinations of two commodities a consumer can buy considering both the prices of these commodities and a certain amount of income available to the consumer over a given period.
Hence, in this case, Budget Line can be best described as "a curve showing various combinations of two products a consumer can purchase with a specific amount of income."
