Answer:
173,500
Explanation:
Operating income is income derived from a business's operations, after deducting operating expenses e.g. wages, depreciation, and cost of goods sold
Operating income = sales - operating expenses- cost of merchandise sold
$764,000 - 52,500 - 538,000 = 173,500
I hope my answer helps you
Answer:
Adjusted cash balance is $ 60,224.
Explanation:
Detailed steps of solution are below
Answer: 6 months
Explanation:
The Securities and Exchange Commission (SEC) of the United States uses Rule 144 to control and regulate sales transactions involving restricted, unregistered, and control securities.
When an unaffiliated investor to a company whose stock falls under Rule 144 wishes to sell them, they are indeed not bound by volume limitations if they sell after the holding period requirement of 6 months has been met.
This means that from the day the unaffiliated investor purchases and fully pays for the shares, they cannot sell them until 6 months from that very day have elapsed.
Answer:
The net cash flows from financing activities is -$45,000
Explanation:
The computation of the net cash flows from financing activities is shown below:
= Additional common stock issued - purchase of treasury stock - dividend paid - long term note payable issued
= $160,000 - $75,000 - $40,000 - $90,000
= -$45,000
The other items which are mentioned in the question have come under the investing activities
Answer:
2. raises interest rates, causing aggregate demand to shift to the right.
Explanation:
Expansionary Fiscal Policies try to increase Aggregate demand by :-
- Decrease in taxes by government ; or / and
- Increase in government spending
The government injecting more money in public : by reduced taxes & increased govt spending - increases the aggregate demand .
The government finances this increased public spending with same or decreased taxes - through borrowings.
The government borrowing funds reduces the loanable funds in capital market, this loans' excess demand in capital markets increase their price i.e Interest.
