Answer: $185,500
Explanation:
Total cash received = Sales revenue - Accounts receivable + owner's investment + amount borrowed
= $362,000 - $46,400 + $42,000 + $30,000
= $387,600
Total cash disbursement = Merchandise purchased - Accounts payable + Salaries + Interest + Insurance
= $200,000 - $38,600 + $28,100 + $2,700 + $9,900
= $202,100
Ending cash balance = Total cash received - Total cash disbursement
= $387,600 - $202,100
= $185,500
Answer:
In a capitalistic society, the production and pricing of goods and services are largely determined by supply and demand the free market but some government regulation and oversight may occur. In contrast, a free market system is ruled entirely by demand and supply, and there is little or no government regulation.
Explanation:
He is the important member of the informal structure of the
company. The informal organization is the linking social structure that
oversees how people collaborate in practice. It is the collective of behaviors,
communications, standards, and private/specialized connections over which work
gets done and connections are constructed among people.
Answer:
The answer is D.
Explanation:
Option D is correct because gains on the cash sales of property, plant, and equipment: are recognized in the operating activities under cash flow statement. They are subtracted from net income.
Option A and C are incorrect because gains on PPE are excess of cash proceeds over the FAIR VALUE and not the book value
