Answer:
1. Cash payments for merchandise is $446,030
2.Cash payment for operating expense is $77,870
Explanation:
1. In order to calculate the Cash payments for Merchandise we would have to use the following formula:
Cash payments for Merchandise= cost of goods sold +decrease in accounts payable-decrease in inventory
Cash payments for Merchandise=$448,500+$4,290-$6,760
Cash payment for Merchandise=$446,030
2. In order to calculate the Cash payments for operating expenses we would have to use the following formula:
Cash payment for operating expense=operating expense - decrease in prepaid expense +decrease in Accured
Cash payment for operating expense=$78,000 -$650+$520
Cash payment for operating expense=$77,870
Answer:
Progressive education
Explanation:
Based on the information provided within the question it seems that the company's management wants Peggy to use the Progressive education model. This is a teaching method which focuses on learning from hand-on experience as opposed to traditional pen and paper methods. Therefore the company Management wants Peggy to experience life as a local in order to gain the experience and fast-track her learning.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
Increase profits by $40,000
Explanation:
The computation of the net impact of stopping production of love seats is shown below:
= Contribution margin × increased percentage - segment margin
= $900,000 × 10% - $50,000
= $90,000 - $50,000
= $40,000
Since the amount comes in positive which means that the profits is increased by $40,000
All other information which is given is not relevant. Hence, ignored it
Answer:
The answer is yes, it will function as a medium of exchange.
Explanation:
Money has three functions, store of value, unit of account and medium of exchange. Money that can be used as a medium of exchange is money that is accepted as such by both buyers and sellers, and that is comfortable, or convenient enough, to be carried and exchanged
In this example, the nation of Newbie will issue a currency that can be easily transported. While heavy stock cardboard is a little bit heavier than the paper in which most modern-day currencies are printed, the weight is still light, and does not impede easy transportation and exchange of the currency bills.
Besides, the new Newbie Nugget will be what is know was the legal tender of the nation. The legal tender is the currency that a specific country accepts to collect taxes. This gives more legitimacy to Newbie Nugget and makes it a classical example of a medium of exchange.
Answer:
Answers for related statements are given below.
Explanation:
1.
Corporation
2. Is
3. Smith services
4. Did
5.
Was and was not
6.
Was
7.
Limited
8. Their investment in the corporation
9. Lost
lo. Might
11.
Pierce the corporate veil
12.Abused and indistinguishable
13.Does not appear
14.Does not appear and does not appear
15.Is no and is no
16.
Should not
