Answer:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
Cr Cash $6600
Explanation:
Preparation of the entries to record the $6600 payment of salaries in January of the following year.
Based on the information given Appropriate journal entries to record the $6600 payment of salaries in January of the following year will be:
Dr Salaries Payable $3000
Dr Salaries Expense $3600
($6600-$3000)
Cr Cash $6600
(To record payment of salaries)
Answer:
A. prosumer; crowdsourcing
Explanation:
Prosumers are people who both produce and consume goods and services. Communities are made of of people who co-create goods, and so are independent of external communities in meeting their needs.
Crowdsourcing is a growing way of working which involves duties being open to a large number of people. The advantage is that there is a large pool of talent to solve problems and accomplish jobs.
Answer:
Residual supply = Quantity supplied - Quantity demanded = (p - 20)/0.02 - (80 - p)/0.02
= (p - 20 - 80 + p)/0.02 = (2p - 100)/0.02 = 100p - 5000
So, Excess or residual supply function is: A) Sr(p) = - 5000 + 100p
At price of $ 60, Excess supply = - 5000 + 100(60) = - 5000 + 6000 = 1000
Explanation:
Answer:
$1.78 million
Explanation:
Firm’s projected free cash flow for the year 20X1:
= cash flow from operating activities - capital investment - Common stock dividend - preferred stock dividend
= $12 million - $9.5 million - $0.40 million - $0.32 million
= $1.78 million
Therefore, the firm’s projected free cash flow for the year 20X1 is $1.78 million.
