The reason why business fail is because they find it extremely hard to compete with the well known business. for example a man that opens up a buisiness that sells soap and decides to name the soap and company labbi but everyone goes to dove because it's more well known and been out for years and delivers high quality
Answer:
b. Liabilities are understated by $4,167 accrued interest payable
Explanation:
Answer:
(B) $45,000.
Explanation:
The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:
Cash flow from Operating activities - Indirect method
Net income $74,000
Adjustment made:
Add : Depreciation expense $52,000
Less: Increase in accounts receivable -$36,000
Less: Increase in inventory -$16,000
Less: Decrease in accounts payable -$29,000
Total of Adjustments -$29,000
Net Cash flow from Operating activities $45,000
Answer:
$33,900 (none of the options given in the question are correct).
Explanation:
George's adjusted gross income (AGI) will include his personal earnings from his salary, the interest that he has earned from savings, and the dividends that he got from mutual funds, but it will not include his contribution to his individual retirement account, because individual retirement accounts are not included in AGI.
Therefore, George's AGI is equal to:
$34,000 + $800 + $600 - $1,500 = $33.900
Answer:
$14.50
Explanation:
Given;
Charge for first 2 hours = $5.00 and
$0.75 for each additional half hour or part thereof.
If he parks his car for 8 hours, then the first 2 hours will be charged at a rate of $5.00
Time left to charge is 6 hours. This will be charged at a rate of $0.75
Therefore cost to Sam for parking his car for 8 hours
= (2 × $5) + (6 × $0.75)
= $10 + $4.50
= $14.50
Sam paid $14.50 for parking.
