Answer: $545,000
Explanation:
Using the indirect method of formatting the Cash flow statement, the cash from operating activity is:
= Net income + Depreciation + Loss on sale of depreciable asset + Patent amortization expense + Accounts receivable decrease + Wages payable increased - Accounts payable decrease - Prepaid assets increased - Unearned revenue decrease
= 500,000 + 53,000 + 31,000 + 5,000 + 41,000 + 19,000 - 42,000 - 31,000 - 31,000
= $545,000
Answer:
The correct answer would be option B, Summary Judgement.
Explanation:
A summary judgement is a ruling passed by the courts that no trial is necessary because there are no essential facts in dispute. The purpose of trial is to determine the facts other the case; that is, to decide who did what to whom, why, when and with what consequences. So if there is no essential evidence or facts about the dispute, the court has the right to stop the trial and either dismiss the case or orders to provide the evidence all over again if any.
Answer:
Mitigate her damages.
Explanation:
In this scenario, Velma contracts with Gordon, who agrees to build a stone retaining wall and French drain on her property. The wall and drain are necessary to prevent erosion of her land, which is falling into the creek on her property at a rapid rate. If Gordon breaches the contract by failing to get to work, Velma is under a legal obligation to mitigate her damages.
Velma has the legal rights and responsibilities to make sure she does anything humanly possible to reduce or lessen the damages to her property.
She could sue Gordon for not getting to work or failing to start work thereby causing more damage.
Answer: 2.67%
Explanation:
Periodic interest rate refers to the Annual Percentage Rate (APR) converted to the periods in question. It is calculated by dividing the APR by the number of periods it is to be converted to.
If for instance a monthly periodic rate is needed, divide APR by 12 as there are 12 months in a year.
If it is a daily periodic rate needed, divide the APR by 365 as that is the number of days in a year.
This question is asking for a monthly periodic interest rate:
= 31.99% / 12
= 0.026658
= 2.67%
I think it’s a sorry if i’m working
