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Kruka [31]
1 year ago
13

Use the following items to prepare a balance sheet and a cash flow statement.

Business
1 answer:
Natali5045456 [20]1 year ago
8 0

Answer:

Total Assets=$18,170     Networth=Assets-Liabilites=$15,855

Total Liabilties=$2,315         Cash Outflows =$3,925  

Cash Inflows=$0

Explanation:

Total Assets  

Checking Account   450.00  

Savings Account   1,890.00  

Automobile   7,800.00  

Loan payment   (80.00)

Household Possession   3,400.00  

Stereo Equipment   2,350.00  

Computer                 1,500.00  

Stock Investment         860.00  

                       18,170.00  

Total Liabilties  

Loan                  2,160.00  

Credit balance   235.00  

Loan payment   (80.00)

                    2,315.00  

Networth=$18,170-$2.315=$15,855

 Cash Outflows  

Rent   650.00  

Salaries   1,950.00  

Food   450.00  

telephone    65.00  

Insurance   230.00  

Electricity   90.00  

Lunch/Parking   180.00  

Donation              70.00  

Purchase             110.00  

Restaurant Spending   130.00  

                          3,925.00  

Cash Inflows=$0

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Let's say that you're the sole IT person in your company, and your boss wants a way to block certain websites from employees. Wh
forsale [732]

Answer:

proxy server

Explanation:

A proxy server is an application on a server that manages the requests when a a client tries to get the resources from the server and when someone is trying to get into a website the proxy server makes the request, provides the response from the web server and sends the data so it can be visualized and in this process, it can block the access to certain websites. According to that, the answer is that you have to set up a proxy server to help with this request as it will allow you to block the websites.

8 0
1 year ago
Suppose you are running a carnival. You are selling hamburgers and sodas. A hamburger is $1.75 and a soda is .75. You expect to
Sunny_sXe [5.5K]

Answer:

<em>Hamburgers = 27</em>

<em>Sodas = 93</em>

Explanation:

Let        x = Hamburgers

             y= Sodas

Now form a system of equation aX + bY = C

where

a= 1.75 = coefficient of variable X

b= 0.75 = coefficient of variable Y

C= 117.50

Put these values in above equation

           1.75x + 0.75y = 117.50 . . . . . (1)

Since I sold total of 120 hamburgers and sodas, we can write

            x + y = 120  . . . . . (2)

or          y = 120 - x          ....... put this value in eq.1

           1.75x + 0.75( 120 - x ) = 117.50

           1.75x + 90 - 0.75x = 117.50

            90 + x = 117.50

             x = 117.50 - 90

             x = 27     .......... put this in equation 2

     

          x + y = 120

          27 + y = 120

          y = 120 - 27

           y = 93

3 0
1 year ago
A company borrowed $40,000 cash from the bank and signed a 6-year note at 7% annual interest. The present value of an annuity fa
Nat2105 [25]

Answer: $8,391.90

Explanation:

So the company borrowed $40,000 from a bank.

They are to pay 7% interest on the note per year for 6 years.

We are to find the annual payments.

7% represents a constant payment schedule per year so we can use an Annuity formula.

Seeing as the Annuity factor has been calculated for us already we don't need to formula though.

The present value of an annuity factor for 6 years at 7% is 4.7665.

Calculating the present value of the annual payment can be done as follows,

= Amount / PVIFA (Present Value Interest Factor for an Annuity)

= 40,000/4.7665

= 8391.90181475

= $8,391.90

The annual payments equal $8,391.90.

5 0
2 years ago
Your company wants to set aside a fixed amount every year to a sinking fund to replace a piece of industrial equipment costing $
nika2105 [10]

Answer:

If the company makes 8 deposits, one per year earning 7% per year, in order to get $375000 at the 8 year, the company has to deposit $34,874.16 each year.

Explanation:

To get this number the best option is to use a excel spreadsheet and solver add-in. In a table with 8 columns (8 years), organize the payments and the rule of interest: payment year 1*(1+7%)^8+payment year 2*(1+7%)^7+payment year 3*(1+7%)^6+payment year 4*(1+7%)^5+payment year 5*(1+7%)^4+payment year 6*(1+7%)^3+payment year 7*(1+7%)^2++payment year 8*(1+7%)^1 where all the payments are equal (payment 1=p2=p3...=P8)

4 0
2 years ago
The Cycling Company suggests a list price of $850 for its brand bicycle. If the series trade discounts are 30 percent for retail
DochEvi [55]

850x.45=340 wholesaler has to pay

8 0
2 years ago
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