Answer:
Net cash flow from investing activities -$5.3 million
Explanation:
The computation of the net cash flow from investing activities is shown below:
Purchase stock -$2.2 million
Short term investment purchase -$0.5 million
Sold equipment $0.8 million
Purchase new equipment -$3.4 million
Net cash flow from investing activities -$5.3 million
Answer:
Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. It is important for budgeting purposes but also for determining how much a company must charge for its products or services to make a profit
Explanation:
Answer:
b. are well aware that their opportunity cost of attending college is very high.
Explanation:
Since the College-age athletes are able to play professional sports; (which is one of the things an athlete longs for in his career) without finishing college. Going back to college would seem like a waste of time to them because they have achieved a milestone even without finishing college.
Hence, they are well aware that their opportunity cost of attending college is very high.
Answer:
Transactions that create revenue :
Transaction B
Transaction C
Transaction D
Journal Entries :
<u><em>Transaction B</em></u>
Cash $900 (debit)
Sales Revenue $900 (credit)
<u><em>Transaction C</em></u>
Cash $10,000 (debit)
Unearned Revenue $10,000 (credit)
<u><em>Transaction D</em></u>
Cash $3,500 (debit)
Accounts Receivable $3,500 (credit)
Explanation:
Transactions that create revenue
Hint ; Revenue is the increases in income that results in increases in assets and decreases in liabilities
Explanation: If the legal drinking age is increased it will just make people feel more rebellious and more likely to drink underage out of impatience. We already have a lot of people that drink before its legal which is 21 imagine if it were 25 underage drinking would spike.