Answer:
B. the cost of living in that country is different from that of the employee's home
Explanation:
Answer:
The ending cash account balance for Apricot Inc is $8,297.
Explanation:
There are three components in the statement of cash flows:
- Operating activities - Here, non-cash items applied to deriving the net income based on the accrual basis are adjusted for. Also, the movement in working capital and liabilities are accounted for.
- Investing activities encompass the assets purchased to generate the net income.
- Financing activities: These include activities that are geared towards improving the capital structure of the organization.
In deriving the cash flows at the end of the period, the balances in the activities above are added up, either outflow or inflow. Then the addition is added to the beginning balance of cash flows. This is done below.
Net cash flow provided by operating activities $45,042
Net cash flow used in investing activities ($20,831)
Net cash flow used in financing activities ($27,997)
Beginning cash account balance $12,083
Ending cash account balance $8,297
Answer:
Cash receipt:
Particulars Amount
................................................................
Sales = $1,500
Sales tax @4.00 % = $60
................................................................
Total = $1,560
.................................................................
Explanation:
Data :
Merchandise cost in the sales slip = $1,500
sales tax rate for the merchandise = 4%
Now,
the cash receipt data will include the merchandise cost, the amount of tax and the total amount after including the tax
Thus,
The amount of tax on the merchandise = sales tax rate × Merchandise cost
or
The amount of tax on the merchandise = 0.04 × $1,500 = $60
Hence,
the total cost = cost of merchandise + the sales tax = $1,500 + $60 = $1,560
Cash receipt:
Particulars Amount
................................................................
Sales = $1,500
Sales tax @4.00 % = $60
................................................................
Total = $1,560
.................................................................
Answer:
Examples of creating intellectual property includes:
1. Liam draws a picture
2. Riley designs a logo for a company he is starting.
3. Makayla writes and publishes a book.
4. Sydney invents a new style of safety collar for pets.
Explanation:
Intellectual property is a term refer to intangible creation from human intellect. Creating intellectual property requires the creator to have the activity of making new thing or idea from scratch and requires for the creation of mind of a human. Several examples of intellectual property creation are artworks, designs, literary, etc. So that, the 4 above answers are the true examples.
