Answer:
The balance of trade will not change but the balance of payment will improve.
Explanation:
A balance of trade is defined as the difference between country's export and import value during a given period of time.
A balance of payment can be defined as a statement which keeps record of all the monetary transaction, that are made between the country's resident and rest of the world during a specific period of time.
Purchase of U.S government securities by Japanese insurance company will surely improve the balance of payment from the U.S perspective but the balance of trade with Japan is not likely going to change.
Answer:
Revenue - 2016 = $60000
Explanation:
The accrual basis of accounting which follow the accrual principle states that the revenues and expenses for a period should match and should be recorded in the periods to which they pertain to. This means that even if a revenue has been earned and not yet received in cash, it will be recorded in the period in which it is earned.
To calculate the firm's revenue, we will use the following equation.
Revenue for the period = Closing Balance of Accounts receivable + Receipts - Opening Balance of Accounts receivable
Revenue - 2016 = 100000 + 30000 - 70000
Revenue - 2016 = $60000
Answer:
The adjusted cash balance per bank at July 31 is $8,615.
Explanation:
Outstanding checks are the ones which the business has issued and recorded, but which the bank has not yet cleared. Hence, Sandhill Co. should deduct this amount from the cash balance per bank.
Deposits in transit are the deposits that are received and recorded by the business, but which the bank has not yet processed. Hence, Sandhill Co. should add this amount to its cash balance per bank.
The bank service charge is already accounted for in the cash balance per bank and requires no further treatment.
Therefore,
Initial cash balance per bank $8,140
Less: Outstanding checks ($770)
Add: Deposits in transit $1,245
Adjusted cash balance per bank $8,615
Answer:
Stimulating conflict
Explanation:
The stimulating conflict would measures the new goals search and it would be lead to innovation. Also it would increase the members bonding.
Since in the given situation the manager would select the volunteers in order to compete for the correct work that would stimulate the group bonding because of the same interest also it would rise the volunteers efficiency
Hence, it is used stimulating conflict
Answer:
Dividends paid ⇒ Financing Activities (F)
Repayments of long term debt ⇒ Financing Activities (F)
Depreciation and amortization ⇒ (NA)
Proceeds from issuance of common stock to employees ⇒ (NA)
Change in accounts payable and accrued expenses ⇒ Operating Activities (O)
Cash collections from customers ⇒ Operating Activities (O)
Net repayments of notes payable to banks ⇒ Financing Activities (F)
Net income ⇒ Operating Activities (O)
Payments to acquire property and equipment ⇒ Investing Activities (I)
Change in inventory ⇒ Operating Activities (O)
