Answer:
D. $ 10,300
Choice D is correct: Net income = $ 10,300
Explanation:
Cash Received = $ 16000
Less Rent Paid= ( $ 2000)
Add income = $ 3000
Less Salaries for the month of March = ($ 6200)
Less utilities paid ($ <u>500)</u>
<u>Net income=</u> $ 10,300
Treatments.
Net income is found by deducting expenses from revenues earned
$ 100,000 is the retained earnings so it is not accounted for net income.
Equipment is an asset so it is not accounted for net income.
Cash received is the revenue so it is accounted.
Rent is an expense account so it is subtracted.
Income for service $ 3000 provided is also taken into account on matching principle basis.
Advance received will be adjusted when the services will be rendered on matching principle.
Answer:
Creditors expected claim is $37,800
Explanation:
If operation cash flows are enough to pay off the debt, then creditors are expected to claim the whole debt amount while shareholders will claim the residual value. The expected cash flow from operations is:
The debt value next year at an 8% interest rate is:
Since Cash flows exceed debt, creditors are expected to claim $37,800
While Shareholders are expected to claim:
The correct answer is: Creditors expected claim is $37,800.
Product positioning.
Product positioning is the place a product occupies in consumers' minds based on important attributes relative to competitive products
Explanation:
A supply chain can be defined as the management of an integrated business network as people, activities, resources and information whose objective is to transport the product or service from suppliers to the customer.
Management must take place strategically, so that the product or service reaches the customer in the right way, in the right quantity and at the right time. Therefore, it is ideal for companies to seek knowledge of each stage of the chain's execution to achieve advantages such as reduced costs and losses.
An effective strategy would be to implement technological systems for tracking and monitoring cargo transports to prevent fraud and obtain greater control over activities.