Answer:
$9,000
Explanation:
The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.
The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.
The net cash flows from operating activities using the indirect method
= -5000 - 20,000 + 10,000 + 25,000 - 1,000 (all amounts in $)
= $9,000
This represents a net inflow.
Answer:
368 units
Explanation:
The Break-even point is calculated by dividing fixed cost by the contribution margin per unit.
Fixed cost = £140
Contribution margin per unit = Selling price per unit - variable cost per unit
Selling price = £0.63 : Variable cost : £0.25
Contribution margin per units =£0.63 - £0.25
=£0.38
Break-even point = £140 / £0.38
=368.42
=368 units
The current U.S. economy is based primarily on the production of services. Services are expert work performed by teams for customers, such as products, accountancy, consultation, banking, cleaning, education, insurance, and treatment, for example.
Answer:
$75,000
Explanation:
If the legally required reserve ratio is 20%, then the money multiplier = 1 / 20% = 5.
Since the bank's excess reserves are $15,000 (= $35,000 - $20,000), the total amount of money it can add to the money supply = excess reserves times money multiplier = $15,000 x 5 = $75,000
