Answer:
$11,175,000
Explanation:
The net sales of Siena Company for the last year shall be determined through following mentioned formula:
Net sales=Gross sales-sales returns and allowances-sales discounts
In the given question:
Gross sales=$11,720,000
Sales returns and allowances=$370,000
Sales discounts=$175,000
Net sales=$11,720,000-$370,000-$175,000=$11,175,000
Answer:
(C) $287,000
Explanation:
Income from Operations = $283,000
Add: Opening accounts receivables = $76,000
Less: Closing Accounts Receivables = $72,000
Therefore, Cash flow from operating activities = $287,000
Here, we assume that openings accounts receivables have been realized and closing are yet outstanding. Therefore, opening accounts receivables shall be added and closing shall be deducted.
Final Answer
Therefore, the correct option is = (C) $287,000
Answer:
<u>to pay for road improvements</u>
Explanation:
Remember, the term municipal bonds basically refers to a special kind of loan issued to a local government by its citizens or investors and<em> meant to be used by the government to fund public projects such as road construction, hospitals, and other forms of infrastructure that benefit the general public.</em>
Therefore, the city would most likely use these funds to pay for road improvements as this would benefit the general public.
Usually if you keep paying things from your credit card you will obviously have to get more money so i would advise getting a wallet and carrying money in there.
