How does the federal government's fiscal policy affect the U.S. economy?(1 point)

The following is a list of items for Witts Company's 2016 statement of cash flows:

chubhunter [2.5K]

Answer and Explanation:

The preparation of the statement of cash flows is presented below:

Cash flows from operating activities

Net income $13,500

Add: depreciation expense $8,700

Add: loss on sale of equipment $2,200

Less: increase in inventory $3,900

Less: increase in prepaid expense -$800

Add: decrease in account receivable $1,700

Net cash provided by operating activities $19,900

Cash flows from investing activities

receipt from sale of equipment, $2,700

Less: payment for purchase of building, $29,000

Net cash used by investing activities -$26,300

Cash flows from financing activities

receipt from issuance of bonds, $8,000

Less: payment of dividends, $5,200

Net cash provided by financing activities $2,800

Net decrease in cash -$3,600

Add: opening cash balance $10,200

Ending cash balance $6,600

3 0

3 years ago

Every year, management and labor renegotiate a new employment contract by sending their proposals to an arbitrator, who chooses

Bogdan [553]

Answer:

1. Please find it attached.

If both of them don't get lawyers they will each make half of the $5 million being $2.5 million a piece.

If one side hires a lawyer and the other doesn't, the side with the lawyer will win 0.9 of $5 million which is $4,500,000. However they would have paid the lawyer $200,000 so that payout drops to $4,500,000. The other would make 0.1 which is $500,000.

If they both get a lawyer they will each get half which is $2,500,000 but they would both have paid their lawyers $200,000 a piece so the net payout would be $2,300,000.

2. The Nash Equilibrium is the alternative that it would not serve either party to deviate from as it serves them both well. The Nash Equilibriums would be If both don't get a lawyer or if both get a lawyer.

3. Yes they would because without lawyers they would make more money as they would not have to pay the $200,000 in fees.

6 0

3 years ago

Consider the following company balance sheet and income statement.Balance Sheet:Assets Liabilities and EquityCash $4,000 Account

Gnom [1K]

Answer:

Current Ratio = Current assets/Current liabilities

= 96,000/42,000

= 2.29

Cash flow to Debt services ratio = Ending Cash/Interest Expense

= $4,000/$4,800 = 0.833

Debt to Assets ratio = Total liabilities/Total assets

=$58,000/$140,000

= 0.41

The previous year's financial statements would enable one to properly calculate the cash flow to debt service ratio. The figures used in this situation were approximations of the correct figures.

Explanation:

a) Data and Calculations:

Balance Sheet:

Assets Liabilities and Equity

Cash $4,000 Accounts payable $30,000

Accounts receivable 52,000 Notes payable 12,000

Inventory 40,000 Total current liabilities 42,000

Total current assets 96,000 Long-term debt 36,000

Fixed assets 44,000 Equity 62,000

Total assets $140,000 Total liabilities and equity $140,000

Income Statement

Sales (all on credit) $200,000

Cost of goods sold 130,000

Gross margin 70,000

Selling and administrative expenses 20,000

Depreciation 8,000

EBIT 42,000

Interest expense 4,800

Earning before tax 37,200

Taxes 11,160

Net income $26,040

Current Ratio = Current assets/Current liabilities

= 96,000/42,000

= 2.29

Cash flow to Debt services ratio = Ending Cash/Interest Expense

= $4,000/$4,800 = 0.833

Debt to Assets ratio = Total liabilities/Total assets

=$58,000/$140,000

= 0.41

7 0

3 years ago

a new restaurant recently opened and the owner wants to create an ad promoting the curbside delivery service.

Luba_88 [7]

brand awareness marketing objective does this ad align with.

What is Brand Awareness Marketing?

The degree to which consumers can recall or recognise a brand under various circumstances is known as brand awareness. The associative network memory model of brand knowledge has two aspects, one of which is brand awareness. Consumer behaviour, advertising strategy, and brand management all heavily rely on brand awareness. The choice to buy something is mostly based on the consumer's capacity to recognise or recall a brand. Consumers must first be aware of a product category and a brand within it in order to proceed with a purchase.

To learn more about Brand Awareness Marketing

brainly.com/question/1875826

#SPJ4

7 0

1 year ago

Today, most union members work as Select one:

Karolina [17]

Answer:

(d.) teachers, police, and civil servants.

Explanation:

Trade union can be defined as an association of workers that forms a legal unit and acts as a legal representative for the workers in that unit in solving matters that may arise from law or right infringement.

In today union, members work as engineers, security, students, teachers.

5 0

3 years ago