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Snezhnost [94]
2 years ago
13

Based on the spreadsheet below, what is the net cash flow? A 2-column spreadsheet showing Cash Inflows and Cash Outflows. Total

Cash inflow is 2,040 dollars and total cash outflow is 1,750 dollars. A. $290 b. $390 c. $1,750 d. $2,040 Please select the best answer from the choices provided A B C D.
Business
1 answer:
Vadim26 [7]2 years ago
6 0

The net cash flow is <u>A. $290.</u>

<h3>What is net cash flow?</h3>

The net cash flow is the difference between the cash inflows and the cash outflows.  It can be positive or negative.  When the cash inflows are greater than the cash outflows, the net cash flow is positive.  The opposite is the case when the cash outflows exceed the cash inflows.

<h3>Data and Calculations:</h3>
  • Total Cash Inflows = $2,040
  • Total Cash outflows = $1,750
  • Net cash flows = $290 ($2,040 - $1,750)

Thus, the net cash flow based on the spreadsheet is <u>A. $290.</u>

Learn more about the net cash flow here: brainly.com/question/4326360

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5 0
3 years ago
Prepare journal entries to record each of the following sales transactions of EcoMart Merchandising. EcoMart uses a perpetual in
Rudik [331]

Answer:

Oct 1

Debit  : Accounts Receivable $2,600

Debit : Cost of Sales $1,450

Credit : Sales Revenue $2,600

Credit : Merchandise $1,450

Oct 6

Debit : Sales Revenue $260

Debit : Merchandise $145

Credit : Accounts Receivable $260

Credit : Cost of Sales $145

Oct 9

Debit  : Accounts Receivable $1, 250

Debit : Cost of Sales $1,450

Credit : Sales Revenue $1, 250

Credit : Merchandise $1,450

Oct 11

Debit  : Cash $2,340

Credit : Accounts Payable $2,340

Explanation:

The perpetual method ensures that the cost of sales and inventory values are calculated after every transaction made.

Therefore, remember to show the cost of sale journal and the resulting decrease in inventory after every sale.

8 0
2 years ago
The nth term of the GP is (-1)^n(2)^n.
Bingel [31]

Answer:

-2, 4 and -8

Explanation:

Given the nth term of a GP expressed as;

a_n = (-1)^n(2)^n

When n = 1

a_1 = (-1)^1(2)^1\\a_1 = -1 * 2\\a_1 = -2\\

when n = 2

a_2 = (-1)^2(2)^2\\a_2 = 1 * 4\\a_2 = 4\\

when n = 3

a_3 = (-1)^3(2)^3\\a_3 = -1 * 8\\a_3 = -8\\

Hence the first three terms of the sequence are -2, 4 and -8

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LO 2.1Which of the following represents the components of the income statement for a manufacturing business?
Gennadij [26K]

Answer:

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where,

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And, the cost of goods sold would be

= Opening inventory + Purchase - ending inventory

By deducting the cost of goods sold from the sales revenue the gross profit can arrive

6 0
3 years ago
Currency Transaction Reports mandated by Anti-Money Laundering rules require a report to be filed in which of the following situ
oksian1 [2.3K]

Answer: A -  Throughout the course of the trading day, an investor performs several cash transactions in his account which total $12,000.

Explanation: Currency Transaction Reports mandated by Anti-Money Laundering rules require a report to be filed when any of the below stated transactions occur in an account.

1. If the daily aggregate cash transactions of an individual exceeds $10,000

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