Answer: $22,000
Explanation:
The Statement of Changes in Equity records how the equity holdings of shareholders has change during the year. It includes drawings which reduce the balance and net income which adds to it.
Net income = Ending balance - Opening balance + Drawings
= 76,000 - 69,000 + 15,000
= $22,000
Answer:
(a) <em>z</em> = 0.53
(b) <em>z</em> -0.67
(c) <em>z</em> = -0.84
(d) <em>z</em> = 0.26
Explanation:
A standard normal distribution has mean 0 and standard deviation 1.
(a)
Compute the value of <em>z</em> for P (<em>Z</em> < <em>z</em>) = 0.70 as follows:
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is 0.53.
(b)
Compute the value of <em>z</em> for P (<em>Z</em> < <em>z</em>) = 0.25 as follows:
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is -0.67.
(c)
Compute the value of <em>z</em> for P (<em>Z</em> > <em>z</em>) = 0.20 as follows:
P (Z > z) = 0.20
1 - P (Z < z) = 0.20
P (Z < z) = 0.80
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is -0.84.
(d)
Compute the value of <em>z</em> for P (<em>Z</em> > <em>z</em>) = 0.60 as follows:
P (Z > z) = 0.60
1 - P (Z < z) = 0.60
P (Z < z) = 0.40
Consider the<em> </em>standard normal table for the value of <em>z.</em>
The value of <em>z</em> is 0.26.
Answer:
Net cash flow as at the year end= $22,100
Explanation:
The statement of cash flows for Moore shall be calculated as follows:
Cash balance as at January 1, 2018= $54,000
Cash inflow from operating activities= $35,600
Cash outflow from investing activities= ($43,000)
Cash outflow from financing activities= ($24,500)
Net cash flow as at the year end= $22,100
A flexible benefits plans refer to individualized rewards that allow each employee to choose the compensation package that best satisfies his or her current needs and situation.
<h3>What is the meaning of the term flexible benefits plan?</h3>
A benefit program is known to be a kind of a program that tends to offers employees some choice that is known to often range between a lot of benefits such as cash, life insurance, health insurance, and others
Note that A flexible- benefits plan, is one that is often called a full-flex plan, and it is seen as a kind of cafeteria plan benefit that exist under the Section 125 of the Internal Revenue Code that gives employees a lot of choice such as getting their compensation as cash or others.
Hence, A flexible benefits plans refer to individualized rewards that allow each employee to choose the compensation package that best satisfies his or her current needs and situation.
Learn more about benefits plans from
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