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Triss [41]
3 years ago
14

Question 7 (1 point)

Business
1 answer:
krok68 [10]3 years ago
7 0

Answer: John's Savings account balance declined by $50 and his Checking account balance increased by $50

Explanation:

The checking account statement shows that there was an online funds transfer from Savings into the checking account.

The checking account will therefore increase by $50 because money was transferred into it and therefore added to its balance. The savings account on the other hand, will reduce by the same amount because it transferred the money into another account.

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Suppose an assistant professor of economics is earning a salary of $75,000 per year. One day she quits her job, sells $100,000 w
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Answer:

Economic profit  $10,000

Explanation:

Income earned as an assistant professor = Salary + Interest on bonds = 75000 + 5% on 100,000 = 75000 + 5000

Income earned as an assistant professor = $80,000

Income from the bookstrore = $90,000

In calculating economic profit, opportunity costs are deducted from revenues earned.

Economic profit = $90,000 - $80,000 = $10,000

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Suppose Ruston Company has the following results related to cash flows for 2018: Increase in Debt of $700,000 Dividends Paid of
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Answer:

Cash flow <em>generated </em>from financing activities 400,000

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<u>Notice: </u>There is no hint about the adjustment being related as negative, so it should be assuem are positive cashflow.

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Identify the possessive pronoun in the following sentence: "I love my new computer!"
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Carol works for firm x. she takes long breaks and often daydreams when she is being paid to work. carol is
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