Answer:
A. an outflow or decrease of $1,000.
Explanation:
Ending balance of cash = Opening balance of cash + Net cash flow of the period
Ending balance of cash = Opening balance of cash + ( Cash flow from operating activities + cash flow from investing activities + cash flow from financing activities )
$11,000 = $4,000 + $10,000 + cash flow from investing activities - $2,000
$11,000 = $12,000 + cash flow from investing activities
Cash flow from investing activities = $11,000 - $12,000
Cash flow from investing activities = -$1,000
Answer:
Credit sales= $69,000
Explanation:
Accounts receivable is a transit account that is used to show revenue that is owed to the business by other parties such as vendors.
The portion of accounts receivable that is collected contributes to profits, while the portion that is not collectible results in loss to the business.
When customers pay the balance in the account reduces, while when credit sales are made the balance increases.
Final balance of account receivable= Opening balance+ credit sales- customer payments
33,000= 40,000+ credit sales- 76,000
Credit sales= 33,000+ 76,000- 40,000
Credit sales= $69,000
Answer:
D.28000
Explanation:
Lets first understand what market supply is? Market supply is the accumulation/aggregation of total supply made by individual suppliers/vendors who are willing to provide at the current/prevailing prices. The market supply basically reflects the willingness of the vendors to supply goods/services at a given rate. Market supply can be either expressed in monetary terms or in terms of quantity.
So the market supply at $7.50 is as follows:
Market supply @ $7.50 = 12000 + 16000
Market supply @ $7.50 = 28000
It can be generally agreed that an increase in price can lead to an increase in supply by vendors, owing to the fact that the suppliers find a greater margin for themselves. Now in this question, we can see that at the price of $5 per pack of battery Duracell and Energizer sell 10000 and 15000 packs respectively and when the price rises to $7.50 both Duracells and Energizer sell more than what they were selling at $5 per pack.
Answer:
a. summarizes the operating, financing, and investing activities of an entity
Explanation:
The statement cash flows is a part of the financial statement that shows how much cash was generated or used by the company in its operating, investing and financing activities.
It shows the movement between the opening cash balance and the cash balance at the end of the period as a result of the operating, investing and financing activities of the company.
Answer:
$17.04
Explanation:
Book value per share of equity = $5,125,000 / 490,000 = $10.46
Market price per share = $27.50
$27.50 - $10.46 = $17.04