Answer:
$480,000
Explanation:
Data provided as per the question below:-
Net income = $380,000
Depreciation = $70,000
Decrease in accounts receivable = $30,000
The computation of cash provided by operating activities is shown below:-
= Net income + Depreciation + Decrease in accounts receivable
= $380,000 + $70,000 + $30,000
= $480,000
Therefore we applied the above formula.
Answer:
COMMERCIAL TRANSACTIONS for the sale of and payment for goods.
Explanation:
In simple words, The Uniform Commercial Code (UCC), originally released in 1952, is among a series of Uniform Laws developed as legislation with the aim of harmonising selling as well as other business activity rules throughout the United States by some of the implementation of UCC by all of the 50 states , the District of Columbia, as well as the American Territories.
Answer:
B. $23,000
Explanation:
Recall that, assets are resources that an individual or an organization has which have future economic value that can be measured,
Thus,
Total current assets = Cash + account receivable + supplies + prepaid rents + inventories.
Therefore
Total current assets = 7000 + 6000 + 1000 + 4000 + 5000
= $23,000
Note: Land is not included in CURRENT asset. Land are longterm assets.
Answer:
$4,292,699.99
Explanation:
Calculation to determine How much in new fixed assets are required to support this growth in sales
Full capacity sales = $800,000/0.95 = $842,105.26
Capital intensity ratio = $480,000/ $842,105.26 = 0.57000000
Fixed asset need = ($890,000 × 0.57000000) - $480,000 = $4,292,699.99
Answer:
Attached image is the plotted and labeled graph.
Explanation:
- Bundle values are:
A. (9,1)
B. (3,7)
C. (4,0)
D. (8,8)
E. (6,5)
- Count over on the x-axis then count up on the y-axis.
- Start marking the values of y-axis above the x-axis on the graph.
