Answer:
The correct answer would be $2,852.
Explanation:
The equation here to understand is:
Ending net working capital = Opening net working capital - Cash flow to Stockholders + operating cash flow - net capital spending - cash flow to creditors.
$8,930 = $7,083 - $16,497 + $40,016 - $18,820 - X.
X = 2,852.
For calculating ending working capital we need to keep in mind that all cash inflows are added in opening working capital and all cash outflows are subtracted.
Answer:
The correct answer is competitive intelligence.
Explanation:
Competitive intelligence is the systematic collection of open information, which once combined and analyzed provides a better understanding of the structure, culture, behavior, capabilities, and weaknesses of a competitor's firm.
It is a very important activity because it helps companies to better understand how the business works. This way you can learn to be better than your competitors.
Companies use competitive intelligence to compare themselves with others, allowing them to make informed decisions. Most firms today realize the importance of knowing what their competitors are doing, and the information collected allows organizations to find out about their strengths and weaknesses.
Answer:
You can put this solution on YOUR website!
A 1987 advertisement in the New Yorker solicited offers on a 1967 Mercury Cougar XR7 (Motor Trend's 1967 car of the year) that had been stored undriven in a climate controlled environment for 20 years.
If the original owner paid $4000 for this car in 1967, what price would he have to receive in 1987 to obtain a 10 percent annual return on his investment?
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If the 10% is compounded yearly the price is as followed.
A(10) = 4000(1+(0.10/1))^(10*1)
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A(10) = 4000(1.1)^10
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A(10) = $10,374.97
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Cheers,
Stan H.
Answer:
The journal entries shown below:
Explanation:
On October 1
Dividends A/c.................................Dr $3,000
Dividend Payable A/c...................Cr $3,000
Being company declared the dividend of 4,000 shares at the rate of $0.75 per share.
On October 15
No Journal Entry Required
On October 31
Dividends Payable A/c...................Dr $3,000
Cash A/c......................................Cr $3,000
Being Dividend is paid, so cash is decreasing and any decrease in asset is credited. Therefore, cash account is credited. And the account of dividend payable is debited.