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3 years ago

Sheridan Beverage Company reported the following items in the most recent year.

Business

1 answer:

Sindrei [870]3 years ago

6 0

Answer:

Net cash provided by operating activities $49,660

Net change in cash $55,850

Explanation:

Computation for the Net cash provided by operating activities

Net income$49,000

Add Increase in accounts payable 8,660

Add Depreciation expense 5,660

Less Increase in accounts receivable (13,660)

Net cash provided by operating activities $49,660

Cash flow from investing activities

Less Purchase of equipment (capital expenditure) (9,020)

Cash flow from financing activities

Add Issue of notes payable 22,020

Less Dividend (6,810)

Cash flow from financing activities 15,210

(22,020-6,810)

Net change in cash $55,850

($49,660-9,020+15,210)

Therefore Net cash provided by operating activities will be $49,660 and the Net change in cash will be $55,850

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Which of the following makes it more difficult for an incumbent to successfully engage in limit pricing? Multiple Choice Complet

kirill115 [55]

Answer:

Complete information

Explanation:

A limiting pricing can be described as a strategy that is employed by an incumbent to prevent entry by maintaining a price lower than the monopoly price.

In situation whereby there is completion information, it will be more difficult for an incumbent to successfully engage in limit pricing because knowledge about the incumbent, the market, product, and others is available to others.

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3 years ago

Paul Osborne is an agent for a major insurance company. He is responsible for building his own network of clients who purchase i

Scorpion4ik [409]

Answer:

B. Order getter

Explanation:

There are three types of personal selling. It includes:

1. Order taker

2. Order getter

3. Customer sales support activities.

Order getter: This is a situation in which a salesperson uses his/her skills to obtain orders from customers. The primary duty of the order getters is to persuade Customers to purchase their products. They are also responsible for acquiring new customers for a firm.

Order getters helps to increase sales of products in a firm thereby increasing revenue and profits. Order getters are solicitors for customers.

Order getters should maintain a very good relation with customers and must be patient with Customers so as to achieve a good result.

Order takers: They take orders from new and existing customers.

Paul Osborne is an order getter.

He is responsible for getting customers for the insurance for a major insurance company.

6 0

4 years ago

A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what

belka [17]

Hi Ddestinyclark8385,

<span><u>A corporation has $80,000 in total assets, $36,000 in total liabilities, and a $12,000 credit balance in retained earnings. what is the balance in the contributed capital accounts?</u>
</span>b. $32.000

7 0

4 years ago

Estimating Share Value Using the DCF Model Following are forecasts of Whole Foods sales, net operating profit after tax (NOPAT),

tiny-mole [99]

Answer:

Check the explanation for the answer

Explanation:

The price been estimated is bit lower than trading price

The price of the stock is also bit lower with the cents than the whole Foods market price, this indicate that we agree that Whole Foods stock is fixed priced.

Further calculations are been done in the file attached using excel

6 0

3 years ago

Presented below is information related to Swifty Corporation.

lbvjy [14]

Answer:

1) Oct 1

Dr Cash $21,688

Cr Common stock $21,688

2. No entry

3. Oct 3

Dr Cost of real estate service $2,494

Cr Accounts payable $2,494

4. Oct 1

Dr Accounts receivable $3,904

Cr Reality service revenue $3,904

5. Oct 27

Dr Accounts payable $922

Cr Cash $922

6. Oct 30

Dr Cost of real estate service $2,711

Cr Cash $2,711

Explanation:

Preparation of the debit-credit analysis for each transaction.

1) Oct 1

Dr Cash $21,688

Cr Common stock $21,688

[Being to record Issued common stock to properties]

2. No entry

3. Oct 3

Dr Cost of real estate service $2,494

Cr Accounts payable $2,494

[Being to record Purchased on account office furniture]

4. Oct 1

Dr Accounts receivable $3,904

Cr Reality service revenue $3,904

[Being to record Sold reality estate and bill raised]

5. Oct 27

Dr Accounts payable $922

Cr Cash $922

[Being to record paid dues of Oct 3 in part]

6. Oct 30

Dr Cost of real estate service $2,711

Cr Cash $2,711

[Being to record Salary paid to administrative staff]

5 0

3 years ago