Answer:
$12,000 for 2013 and $300,000 for 2018
Explanation:
Jamison Enterprises acquired a franchise to operate a Good Burger Joint in January, 2013. The cost of the franchise was $360,000 and was estimated to have a limited life of 30 years.
Hence the yearly franchise cost at this point is 360,00 / 30 years = $12,000
Early in the year 2018, the franchise was forced out of business due to lawsuits.
At this point the company had only operated for 5 years and have incurred franchise cost to date of 5 years x $12,000 = $60,000
Jamison should record $300,000 ($360,000 - $60,000 to date) balance of the franchise cost in its expenses to their income statement for the years 2018
I would say that John Lennon inspired the other 3 beatles to make important compositional contributions and thus continue to create popular music to build on the excellent reputation they already had in the music business and with their fans.
Answer: $355,000
Explanation: In simple words, cash flow refers to the financial statement in which an organisation depicts its sources and uses of cash in three categories operating , investing and financing activities.
Operating activities refers to the activities that are related to core operations of the business, investing activities are related to purchase and sale of fixed assets and activities related to procurement of liabilities and capital are termed as financing activities.
Thus any change in cash from beginning to end occurs due to change in these activities. Thus we can conclude cash at the end as follows :-
$310,000 + $185,000 - $43,000 - $97,000 = $355,000
Answer:
The correct answer is letter "D": export packer.
Explanation:
An Export packer is usually a third party in charge of classifying objects by bulk considering features such as weight, size, and fragility. Those materials are subject to exportation thus the export packer analyzes if the objects meet the international standards before the packages shipped. Export packers fasten the flow of packaging supervision in countries' customs.