Answer:
$2,730,000
Explanation:
The opening cash balance is netted off the cash flows from all activities namely; Operating, investing and financing activities to get the closing cash balance.
The operating activities includes elements such as net income, depreciation and amortization, changes in working capital etc.
Given;
Net income = $2,500,000
Depreciation = $160,000
accounts receivable decrease = $350,000 (inflow of cash)
accounts payable decrease = $280,000 (outflow of cash)
net cash provided by operating activities using the indirect approach
= $2,500,000 + $160,000 + $350,000 - $280,000
= $2,730,000
Answer:
Labor cost
Explanation:
Variable costs are the costs that can vary or depends on the output level of production.
Here,
In the given case the variable cost for the plant will be the labor cost.
The number of labor required for the production depends on the level of output volume.
For higher number of output more labor will be required and vice-versa.
Thus,
the labor cost will alter accordingly.
Answer:
$96,850
Explanation:
The net worth refers to the value of all the assets owned by a person or entity minus the value of all the liabilities. In Lana's case the assets are:
House $325,000
Guitar $750
Car $15,000
Stock investments $8,000
Savings Account $2,100
Total value of assets: $350,850
Lana's Liabilities:
Mortgage $245,000
Car loans $9,000
Total value of liabilities: $254,000
So, Lana's net worth would be:
$350,850-$254,000= $96,850
Six is your answer because if it cost $2.00 and you have 4 it makes sense
A trade surplus is C) the result of exporting more goods than it imports
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