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GuDViN [60]
3 years ago
6

Use the following items to prepare a balance sheet and a cash flow statement. Determine the total assets, total liabilities, net

worth, total cash inflows, and total cash outflows.
Business
1 answer:
Iteru [2.4K]3 years ago
4 0

Answer:

The answer is:

Total \ liabilities = \$2,395\\\\Net \ worth = \$15,855 \\\\Total\ cash \ outflows = \$1,950

Explanation:

Please find the complete question in the attached file.

\text{Total assets} = (450 + 1,890 + 7,800 + 2,350 + 1,500 + 3,400 + 860)= \$18,250 \\\\\text{Total liabilities} =  (\$235 + \$2,160)= \$2,395 \\\\\text{Net worth} = (\$18,250 - \$2,395)= \$15,855  \\\\\text{Total cash inflows} = \$1,950 \\\\\text{Total cash outflows} = (650+345+230+180+110+65+80+90+70+130) = \$1,950\\\\

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Communication competence simply means the degree to which the goals of a communicator are achieved through appropriate and effective interaction.

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5 0
2 years ago
Ralph is a professional football player. He signs a valid contract with the Jets. Later, the Giants offer him more money, so he
svetoff [14.1K]

Answer:

C. The court will issue a preliminary injunction barring Ralph from playing with any team other than the Jets during the course of the lawsuit.

Explanation:

Signing a contract means that both the offering and the accepting parties are agreeing over the particular protocols. Offer, acceptance, and consideration are the important aspects of the contract. The acceptance of both parties over the same norms is the most essential part of the contract.

In the above situation, Ralph has violated the agreed contract with the Jets. He went forward and signed another contract with Giants. This action of Ralph was a strict violation of the contract agreed on by Ralph and Jets.  According to the judicial proceedings, Ralph was ordered to obey the contract and was barred from playing with any other team.

7 0
2 years ago
Company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example o
hammer [34]

Answer:

the globalization of production.

Explanation:

Since company ABC, based in Tennessee, sources goods from Southeast Asia to take advantage of labor cost savings. This is an example of the globalization of production.

Globalization of production can be defined as the process of sourcing goods and services from other countries (locations) around the world in order to take advantage of labor cost savings and quality of other factors of production such as land and capital.

Additionally, globalization can be defined as a strategic process which involves the integration of various markets across the world to form a large global marketplace.

<em>Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world</em>.

3 0
3 years ago
Suppose a small manufacturing business wishes to have a system to manage all its vital business operations, they should go for a
Stella [2.4K]

Answer:

The correct answer is d) enterprise resource planning (ERP) system

Explanation:

Enterprise resource planning (ERP) is a system utilized by corporations to administrate their businesses, implementing the resources to plan and integrate all of the processes needed to run their companies with a single system. An ERP software system combines planning, human resources, sales, marketing, finance and purchasing inventory.

7 0
3 years ago
Taylor Inc. has some material that originally cost $65,500. The material has a scrap value of $56,300 as is, but if reworked at
fgiga [73]

Answer:

-$2,350

Explanation:

In this question, we have to compare the cost which is shown below:

If we considered the reworked cost, then the sales would be

= Sales - reworked cost

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And the scrap value is $56,300

So, the financial disadvantage would be

= Sales without reworked cost - scrap value

= $53,950 - $56,300

= -$2,350

All other information which is given is not relevant. Hence, ignored it

5 0
3 years ago
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