You could be a coach of some sort or you could try to be a profesinal athlete or you could be a triner
Answer:
David is a stockholder and Max is a bondholder.
Explanation:
Since David will share the net profit as for 1/3 rd share, he will be deemed as a shareholder as there is no promise to pay back the amount he lend although there is share in profits.
Also in case of Max he had paid $5,000, on which interest will be paid, basically interest is treated as an expense and a compulsion to incur even in case of loss.
Accordingly Max posses to hold a bond with interest of 7% on face value of $5,000. On the other hand David holds equity share worth of $10,000 and the share is 1/3 rd in profits.
Answer:
$239,900
Explanation:
Cash Flows from Operating Activities section
Particulars Amount
Net income $225,000
Add Depreciation expenses $25,000
Less Gain on disposal of equipment $20,500
Add Decrease in accounts receivables $14,000
Less Decrease in accounts payable <u>$3,600 </u>
Net cash flow from operating activities <u>$239,900</u>
B.) his counselor certification
D.) His years of teaching experience