pays salaries R250 000 entered on a general journal​

Answers

Answer 1

Answer:

What does this even mean?

Explanation:


Related Questions

You own a portfolio that is 31 percent invested in Stock X, 46 percent in Stock Y, and 23 percent in Stock Z. The expected returns on these three stocks are 11 percent, 14 percent, and 16 percent, respectively. What is the expected return on the portfolio?

Answers

Answer: 13.53%

Explanation:

The expected return on the portfolio will be calculated by multiplying the investment in each stock by the expected return of the stocks. This will be:

= (31% × 11%) + (46% × 14%) + (23% ×16%)

= 3.41% + 6.44% + 3.68%

= 13.53%

Zhao Co. has fixed costs of $429,000. Its single product sells for $187 per unit, and variable costs are $122 per unit. If the company
expects sales of 10,000 units, compute its margin of safety in dollars and as a percent of expected sales.
Dollars
Percent
Margin of safety

Answers

Answer:

$635,000 and : 34%

Explanation:

Margins of safety is the difference between expected sales and the break-even point.

For Zhao, expected sales are 10,000 units

The break-even points in units = fixed cost/ contribution margin per unit

fixed costs = $429,000

Contribution margin per unit = selling price - variable costs per unit

=$187 -  $122

=$65

break-even point in units = $429,000/$65

break-even point = 6600 units

Margin of safety = 10,000 - 6600 units

=3400 units

In dollars is equal to margin of safety in units x selling price

=3400 x 187

=$635,000

as a percent of expected sales.

=3400/10000 x 100

=0.34 x 10,000

=34%

Explain in detail the difference between the United States government's budget deficit versus the national debt.

Answers

Answer:

The debt is the total the U.S. government owes—the sums it borrowed to cover last year's deficit and all the deficits in years past.

Explanation:

1. If you deposit $120 in an account that pays 10% interest annually and you don't touch it for 3 years, what is the interest earned on your initial deposit after 3 years?

2. Given the information below use the formula for compounding interest to determine the increase in value of you $125 deposit after 3 years

1. If you deposit $120 in an account that pays 10% interest annually and you don't touch it for 3 years,

Answers

The interest earned on your initial deposit after 3 years will be $39.72.

How to explain the interest

After depositing $120 in an account with a yearly interest rate of 10%, the first year reflects earnings of $12. Once the earnings combine with the main balance, the total value amounts to $132.

The second-year earnings can then be calculated through the newfound balance of $132 and result in $13.20. Adding that to the initial balance yields $145.20. Following this pattern, the third year's interest calculation using the new balance of $145.20 brought forth $14.52 in earned interest, increasing the current balance to $159.72.

Ultimately, the original amount surged by $39.72 due to exceeding interest earnings over three years' time.

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Using your economic knowledge and the information you learned about Oprah Winfrey compose a well-written three-paragraph biography about her that illustrates the importance of the US market-based economy in the entrepreneur’s success.

Answers

Oprah Winfrey taught me that the power lies in your fear of it. Real freedom comes from facing the truth. Oprah always saw potential in taking chances, as any great leader would. The biggest risk in life, in her opinion, is not having the courage to take a chance.

Why it is called an entrepreneur?

A firm or enterprise's organizer, manager, and risk taker is referred to as the entrepreneur. An entrepreneur is a change agent. Finding innovative methods to combine resources is the process of entrepreneurship.

When the market value created by this novel combination of resources is higher than the market value that these resources separately or in other combinations could create elsewhere, the entrepreneur is successful.

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The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of government is that of _____.


one that reallocates income

a source of public good

a supervisory body

an entrepreneurship

Answers

Answer:

the correct answer is "a supervisor body" have a great day. also can I get brainliest?

The government is supposed to look out for the consumer when a new product or service is introduced to the market. This role of government is that of a supervisory body. Option (c) is correct.

What is a supervisory body?

Supervisory body a designated or authorized group charged with administering the organization's regular business operations, special projects, or other duties.

Government oversight, or control, takes the form of decisions made by the administration, the legislative, and even the court. Government oversight has an impact on a company through its facilities and oversight of an organization's management, accounting, and entrepreneurial operations.

The four roles of management, development, mediation, and support are all included in supervision.

Therefore, Option (c) is correct.

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If the money supply is $60 billion, the velocity of money is 8, and real gdp is $320 billion, then the price level equals.

Answers

The velocity of money (V=PQ/M), a measure of the health of the economy, can be computed as the nominal gross domestic product (GDP) to the money supply.

rises in the money supply while the real GDP and money velocity are fixed?

Money supply (M), money velocity (V), price level (P), and real gross domestic product (Y) are all related terms. The nominal GDP is denoted by PY. Inflation will result from an increase in the money supply (M) while keeping output (Y) and velocity (V) constant.

What is the money supply's equation?

Money supply is calculated using the formula MS = (MB x MM). By dividing the needed reserve established by the Federal Reserve by 1, the money multiplier, or MB, MM, is calculated.

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The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called

Answers

Answer:

Depletion

Explanation:

The process of transferring the cost of metal ores and other minerals removed from the earth to an expense account is called Depletion

The percentages in the table represent the performance change from the previous month. Consider the impact of each metric on customer questions.

Metric Month 1 Month 2 Month 3
% Customer Questions +8% +10% +12%
% Shipped On Time -10% -7% -5%
% Shipped Incorrectly +2% +4% +4%
% Discounted +18% +18% +14%
Units Shipped (Thousands) 80 85 100

Question 2 of 4
How impactful were shipping errors on customer questions?

Answers

Based on the metrics given, we can say that shipping errors were not very impactful on customer questions.

Relationships between metricsCustomer questions kept rising by 2% from the first month till the third month. Shipping errors (shipped incorrectly) rose by 2% from the first to the second month and then stayed constant.

What we then realize is that even though questions kept rising, shipping errors only rose once which means that shipping errors did not account for much of customer questions. If it did, the customer questions would have stayed constant as well.

In conclusion, shipping errors were not very impactful.

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Refer to Table 28-2. The labor-force participation rate of Aridia in 2012 was
O a. 88.9%.
O b. 53.3%
O c. 50%.
O d. 56.25%.

Refer to Table 28-2. The labor-force participation rate of Aridia in 2012 wasO a. 88.9%.O b. 53.3%O c.

Answers

Answer: 56.25%

Explanation:

The labor force participation rate refers to the active workforce of a country. The following information can be derived from the question:

Adult population = 3200

Number of employed = 1600

Number of unemployed = 200

The labor-force participation rate of Aridia in 2012 will be:

= {(Number of employed + Number of unemployed) / Adult population} × 100

= (1600 + 200) / 3200 × 100

= 1800/3200 × 100

= 0.5625 × 100

= 56.25%

Which of the following is an example of a macroeconomic statement?

Lay-offs have led to increasing unemployment in the RV industry.

John Smith was recently laid off from his job at Thor.

The Elkhart County unemployment rate is 2%.

The national unemployment rate is 4%.

Answers

Answer:

The national unemployment rate is 4%

Explanation:

The following statement is an example of a macroeconomic statement: "The national unemployment rate is 4%."

A macroeconomic statement refers to an economic statement or analysis that focuses on the broader economy as a whole rather than on individual markets or companies. In this case, the statement about the national unemployment rate refers to the overall labor market in the country and not to a specific company or industry. The other statements are either about an individual's experience (John Smith's layoff) or a specific regional unemployment rate (Elkhart County's unemployment rate).

For each statement about Direct Competition and Indirect Competition,
choose True or False.



Indirect Competition is a
business whose services are
different from yours but
satisfy the same need.


All Companies that sell
goods and services are
Indirect Competitors.


When your target audience
buys products from a
competitor instead from
you, that is Indirect
Competition.


Direct Competition is a
company that offers
the same thing you
offer.

1. True
2. False

For each statement about Direct Competition and Indirect Competition,choose True or False.Indirect Competition

Answers

Answer:

Explanation:

1) Indirect Competition is a business whose services are different from yours but satisfy the same need.

True

2) All Companies that sell goods and services are Indirect Competitors.

False

3) When your target audience buys products from a competitor instead from you, that is Indirect Competition.

False

4) Direct Competition is a company that offers the same thing you offer.

True

You have a portfolio that is invested 17 percent in Stock A, 38 percent in Stock B, and 45 percent in Stock C. The betas of the stocks are .62, 1.17, and 1.46, respectively. What is the beta of the portfolio

Answers

Answer:

The portfolio beta is 1.207

Explanation:

The portfolio beta is the weighted average of the individual stock betas that form up the portfolio. The weightage of each stock in the portfolio is calculated on the basis of investment in that stock as a proportion of total investment in the portfolio. The portfolio beta is calculated as follows,

Portfolio beta = Weight of Stock A * Beta of Stock A +  Weight of Stock B * Beta of Stock B + ... +  Weight of Stock N * Beta of Stock N

Portfolio beta = 0.17 * 0.62   +   0.38 * 1.17   +   0.45 * 1.46

Portfolio beta = 1.207

If you had a clause in your wage contract that increased your wage bythe rate
of inflation as measured by the CPI calculated above, wouldyour standard
of living increase, decrease, or stay the same over the years 2003–2005?
Why

Answers

If  wage is increased at the inflation rate measured by the CPI, the standard of living would increase. This is because the CPI overstates inflation.

What is the CPI?

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation.

Inflation is when there is a persistent rise in the general price levels in an economy. Inflation can be as a result of increase in the cost of production or an increase in the demand for goods and services. The consumer price index usually overstates inflation.

Consumer price index = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

One of the measures of the standard of living, is if wages rise in tandem with inflation. If the rate of increase in wages is greater than that of inflation, the standard of living is higher.

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The following costs were incurred in May: Direct materials $ 43,100 Direct labor $ 36,200 Manufacturing overhead $ 23,800 Selling expenses $ 18,000 Administrative expenses $ 40,700 Conversion costs during the month totaled:

Answers

Conversion costs during the month totalled: $ 60,000

What is conversion cost?

Conversion cost is the cost incurred by any manufacturing entity in the process of converting its raw material into finished goods capable of being sold.

The conversion cost is computed as:

Conversion Costs = Direct Labor Costs + Manufacturing Overheads

Given that:

Direct Labor Costs = $ 36,200

Manufacturing Overheads = $ 23,800

Therefore,

Conversion Costs = $ 36,200 + $ 23,800

Conversion Costs = $ 60,000

Hence, Conversion costs during the month totalled $ 60,000

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With perfect price discrimination, the marginal revenue curve
A) is equal to the demand curve.
B) is below the demand curve. C) is above the demand curve.
D) is horizontal.

Answers

Answer: b

Explanation: Because the monopolist must lower the price on all units in order to sell additional units, marginal revenue is less than price. Because marginal revenue is less than price, the marginal revenue curve will lie below the demand curve.

1. Health insurance policy:
$1000 Deductible /Year
$2500 Out of Pocket Max
80% Coinsurance Provision
If your first medical bill of the year is $1500, how much will the insurance company pay?

Answers

The insurance company would pay $1100


You'd pay all of the first $1000 (your deductible).

You'll pay 80% of the remaining $500, or $400 (your coinsurance).

So, your total out-of-pocket costs would be $1400 — your $1,000 deductible plus your $400 coinsurance.

If your total out-of-pocket costs reach $2500, you'd pay only that amount, including your deductible and coinsurance. The insurance company would pay for all covered services for the rest of your plan year.

So, the company would pay $2500-$1400= $1100

Co-insurance
is the splitting or spreading of risk among multiple parties in the insurance industry.

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Vijay Inc. purchased a three-acre tract of land for a building site for $310,000. On the land was a building with an appraised value of $125,000. The company demolished the old building at a cost of $12,600, but was able to sell scrap from the building for $1,610. The cost of title insurance was $880 and attorney fees for reviewing the contract were $410. Property taxes paid were $3,000, of which $170 covered the period subsequent to the purchase date. The capitalized cost of the land is:

Answers

Answer:

See below

Explanation:

Given the above information, the capitalised cost of the land is computed as seen below;

The importance of formal planning in organizations has grown dramatically. Companies have found that they can achieve competitive advantage through the formal six-step strategic planning process. Answer questions about how Ron Shaich and Panera Bread use this strategic process. Planning is not an informal or haphazard response to a crisis; it is a purposeful effort that is directed and controlled by managers and often draws on the knowledge and experience of employees throughout the organization. Because planning is an important management function, managers at all three levels use it. To be fully effective, the organization's strategic, tactical, and operational goals and plans must be aligned. The strategic management process has six major components, beginning with the establishment of the mission, vision, and goals of the company and ending with strategic control.
The narrator describes how someone creates the mission while someone else identifies the steps that make the mission happen. The steps are known as what?
a. Top of Form
b. strategic vision
c. strategy stepping
d. strategic mapping
e. strategic controls
f. strategy implementation

Answers

Explanation:

Strategic planning is important to an organization because it provides a sense of direction and outlines measurable goals. Strategic planning is a tool that is useful for guiding day-to-day decisions and also for evaluating progress and changing approaches when moving forward.

12. Hector works in a gas station and earns $8.60 per hour. Last week he
worked 29 hours. What was his gross pay?

Answers

I could be wrong but his gross pay is 249.4

A military organization is very structured. Ranks are very clear, defining who can give and who must take orders. This is an example of

Answers

Answer:

vertical management

Explanation:

The flow of information that takes flows from the top management to the subordinates is said to be vertical management. The information is passed from the managers to the employees at the lower levels. Primarily the feedback are communicated in this form of management. The control of the higher authority is high and strong.

The given excerpt is an example of vertical management that flows in the military organization.

Reggie, who is 55, had AGI of $35,200 in 2022. During the year, he paid the following medical expenses:
Drugs (prescribed by physicians)
Marijuana (prescribed by physicians)
Health insurance premiums-after taxes
Doctors' fees
Eyeglasses
Over-the-counter drugs
$ 570
1,470
1,280
1,320
445
270
Required:
Reggie received $570 in 2022 for a portion of the doctors' fees from his insurance. What is Reggie's medical expense deduction?

Answers

Reggie's medical expense deduction is $7,276.

AGI, or adjusted gross income, is a person's total income minus certain deductions and is used to calculate taxable income.

Reggie, who is 55 years old, had an AGI of $35,200 in 2022. During the year, he incurred the following medical expenses:

Drugs (prescribed by physicians): $5,701

Marijuana (prescribed by physicians): $1,470

Health insurance premiums-after taxes: $1,280

Doctors' fees: $1,320

Eyeglasses: $445

Over-the-counter drugs: $270

Reggie was reimbursed $570 by his insurance company for a portion of the doctors' fees. To calculate his medical expense deduction, we first need to subtract any reimbursements from his total medical expenses.

Total medical expenses: $5,701 + $1,470 + $1,280 + $1,320 + $445 + $270 = $10,486

Reimbursements: $570

Medical expenses after reimbursements: $10,486 - $570 = $9,916

To claim a medical expense deduction, the expenses must exceed a certain percentage of AGI, which varies depending on the taxpayer's age. For taxpayers who are 65 or younger, the threshold is 7.5% of AGI. For taxpayers who are over 65, the threshold is 7%.

Since Reggie is 55 years old, the threshold is 7.5% of his AGI or $35,200 x 0.075 = $2,640.

Therefore, Reggie can deduct the portion of his medical expenses that exceed $2,640.

Amount of medical expenses that exceed the threshold: $9,916 - $2,640 = $7,276

Therefore, Reggie's medical expense deduction is $7,276.

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why do we feel love?​

Answers

Answer:

We feel love because a relationship is what makes a human happiest. Its proven scienctficly. I can't spell :p

Explanation:

well um because they are different from other people. “Feeling them releases feel-good chemicals and we experience an intense longing to be with them. It pumps out the feel-good chemical dopamine and the hormone oxytocin, which binds people together. This progression implies that intense pleasure from the sexual desire stage can lead directly to love.” Basically, you feel amazing when you’re around them. There are many different reason you could start to feel love. It could be a bad experiences which they made better. or a personal connection. We feel love because love feels us and it’s a part of our humanly emotions

Company A has 279,000 basic shares outstanding and 26,000 outstanding options and warrants. The exercise price of these options is $3.75. The company also has $200,000 of convertible bonds with an effective conversion price of $4.00. The average market share price for the reporting period is $7.50. What is the diluted shares outstanding using the treasury stock method & if-converted methods?

Review Later
345,333
292,000
342,000
305,000

Answers

The diluted shares outstanding using the treasury stock method & if-converted methods is 342,000.

Diluted shares outstanding using the treasury stock method

First step

Additional shares issued if options are converted=26,000-(26,000×$3.75/$7.50)
Additional shares issued if options are converted=13,000

Second step

Shares issued if convertible bonds  are converted=$200,000/$4.00

Shares issued if convertible bonds  are converted=50,000

Third step

Diluted shares outstanding=Basic shares outstanding+Additional shares issued if options are converted+Shares issued if convertible bonds  are converted

Diluted shares outstanding=279,000+13,000+50,000

Diluted shares outstanding=342,000

Therefore the diluted shares outstanding using the treasury stock method & if-converted methods is 342,000.

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Question 1: Critique the case from a leadership, internal and external communication with stakeholders, and barriers to communication point of view.​

Answers

A general view from the leadership, internal and external communication with stakeholders has been provided

The leadership, internal and external communication with stakeholders

Leadership:

Efficient leadership necessitates setting a definitive vision, encouraging and motivating personnel, and making judicious decisions when required. A successful leader should succinctly verbalize the vision and objectives of the organization and guarantee that employees comprehend their positions in attaining those aims.

Internal communication with stakeholders:

Interior communication with stakeholders pertains to communication within an institution with staff, superior executives, and additional internal stakeholders. Successful internal communication can facilitate aligning the visions and aspirations of the corporation and guaranteeing that everybody is progressing towards common ambitions.

External communication with stakeholders:

External communication with stakeholders alludes to communication with purchasers, vendors, financiers, and other external parties. Effective external communication can promote constructing associations with these stakeholders, embellish the standing of the establishment, and elevate customer gratification.

Barriers to communication:

Certain obstructions to productive communication can affect the capability of leaders to communicate effectively with stakeholders. These impediments involve speakers barriers, cultural differences, physical detachment, and technological issues. Other hindrances consist of inadequate trust, deficient listening aptitudes, and indefinite or ephemeral messages.

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Explain how passengers benefited from the competition in South Africa.

Answers

The passengers benefited from the competition in South Africa by the deregulation as it included the variety of the airlines in the domestic countries.

what is deregulation?

Deregulation refers to the removal of the restrictions on any particular industry. The south Africa deregulated the airlines industries.

They were immensely benefited with removal of the restrictions through very low fares rate of the airlines in the domestic countries and by this decision the monopoly of any particular industry was removed.

Thus the passengers were greatly benefited by the deregulation of the airlines industries.

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what are some ways the financial crisis in 2008 could've been avoided

Answers

The financial crisis in 2008 could've been avoided in some ways by Regulating the housing market, Proper regulation banks and financial institutions, Introduction of better accounting standards, Encouraging greater transparency, and Regulating credit rating agencies.

The global financial crisis of 2008 was a significant economic event that had a far-reaching impact on the worldwide economy. The crisis resulted in the collapse of numerous leading financial institutions, which led to unprecedented losses in the stock market, a decline in economic growth, and high levels of unemployment. It is commonly believed that the crisis could have been avoided if appropriate measures had been taken at the right time.

Here are some ways the financial crisis in 2008 could have been avoided:

1. Regulating the housing market: The financial crisis of 2008 originated from the housing market collapse. Banks and financial institutions had given loans to people who could not afford them, and when the housing bubble burst, a massive number of mortgages went into default. If the government had regulated the housing market more effectively, the financial institutions would not have been able to give out loans to risky borrowers, and the housing market would not have collapsed.

2. Proper regulation of banks and financial institutions: If banks and financial institutions were regulated more effectively, they would not have been able to engage in risky financial practices that led to the crisis. Regulators would have spotted the risky activities early on and would have been able to take corrective action before it was too late.

3. Introduction of better accounting standards: During the financial crisis of 2008, banks and financial institutions engaged in creative accounting practices to hide their losses. This deception made it difficult to ascertain the real situation of the banks and financial institutions, leading to a lack of confidence in the market. If better accounting standards had been introduced, this could have been avoided.

4. Encouraging greater transparency: The financial crisis of 2008 was partly caused by a lack of transparency in the market. If regulators had encouraged greater transparency, there would have been more information available to investors, which could have led to greater confidence in the market.

5. Regulating credit rating agencies: Credit rating agencies played a significant role in the financial crisis of 2008. They gave high ratings to toxic financial products, which misled investors and led to the collapse of the market. If credit rating agencies were regulated more effectively, they would not have been able to give high ratings to risky products, and the market would have been more stable.

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Trey is the manager of a sales team in a corporation. If his team members are able to meet their daily targets regularly, they get an extra day off every month. However, if they fail to do so, Trey makes them work extra hours every week. In this scenario, Trey is using _____.

A. concertive control

B. bureaucratic control

C. adaptive control

D. normative control

Answers

The control used by Trey when he want employee to work extra hours every week is they failed to meet target is known as bureaucratic control.

The bureaucratic control refer to a form of control which is base on formal system of rules, roles, records, rewards etc

Typically, an organization uses the bureaucratic control to influence, monitor and assess its employee performance.

Hence, the control used by Trey when he want employee to work extra hours every week is they failed to meet target is known as bureaucratic control.

Therefore, the Option B is correct.

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One of the benefits of time management is that it takes away all of your leisure time.
True or false?

Answers

Answer:

false po ate or kuya

Answer:

false

Explanation:

Time management taking away free time isn't a plus, and that's not what it's supposed to do in the first place

1
Select the correct answer.
Stuart, an accountant, has just created a list of all the major expenses that his firm incurred in the previous month. He wants to find the smallest
expense that the business incurred. If Stuart is using the spreadsheet program OpenOffice Calc, which Subtotals function should he use after
selecting the necessary cells?
А.
SUM
В.
COUNT
C. MIN
D.
AVERAGE
Reset
Next
Edmentum. All rights reserved.
Type here to search
DU
A9x

Answers

Answer:

count

Explanation:

no explanation i got it right

Answer:MIN

Explanation: trust me

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Which of the following is NOT a common barrier to getting proper exercise?A.safetyB.health problemsC.injuryD.experience trips. Which of the following factors is influencing his activity selection?A.costB.personalityC.environmentD.equipment Use the passage to answer the question.Read the paragraph from the text."The party was such a big deal that Jesse had been in his bedroom for an eternity debating who he should invite. Should it be a massive party with everyone he knew, or should he keep it small so that he could spend more time with each of his closest friends?"Match the word from the text with the definition of the word. Choices may be used once or not at all.eternity l massive1) careful2) a moment3) very expensive4) punishment5) a long time6) larger than usualPLEASE HELP FAST! GIVING BRAINLIEST TO WHOEVER ANSWERS!!!!!! Two car collide in an intersection. The speed limit in that zone is 30 mph. The car (mass of 1250 kg) was going 17.4 m/s (38.9). 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Backtesting the P/E ratio quantitative signal in Portfolio123 shows that stocks that currently have low P/E ratios have delivered relatively high stock returns in the past.A. TrueB. False Which angle in ADEF has the largest measure?F611A. ZDOB. ZEC. ZFD. Cannot be determined Q:The performance of the cache memory is frequently measured in terms of a quantity called hit ratio. Hit ratios of 0.8 and higher have been reported. Hit ratios of 10 and higher have been reported. Hit ratios of 0.7 and higher have been reported. Hit ratios of 0.9 and higher have been reported. * 3 Statement of Cash Flows Championship Boxing, Inc. Championship Boxing, Inc. is a small manufacturer of cardboard boxes of all sizes. You have reported for your first day of work, and the company is in an uproar. Yearly financial statements are being prepared, but a computer malfunction of the company's new BOX-9000 computer has inadvertently erased parts of the company's balance sheet, along with almost all related data except the company's statement of cash flows. The IT department is working to retrieve earlier backups, but estimates that the reconstruction of the data will take about 24 hours. Unfortunately, financial statements are to be presented at a stockholders' meeting in one hour. The company uses the indirect method to prepare its statement of cash flows (rather than the direct method), so your new supervisor believes the missing data for the balance sheet can be prepared using the statement of cash flows. You are assigned this task, since you were top student in your business school class. Meanwhile, the supervisor will go to the stockholders' meeting and give some Introductory remarks. In addition to the statement of cash flows, the following data survived the computer mishap The investments were sold for $280,000 cash. Equipment was acquired for $152,000 cash. Land was acquired for $326,000 cash. There were no disposals of equipment during the year. 12,500 shares of common stock were sold for cash during the year There was a $96,000 debit to Retained Earnings for cash dividends declared. Statement of Cash Flows Your supervisor has provided you with the following statement of cash flows, prepared using the indirect method. Recall that the statement of cash flows consists of three sections: cash flows from operating activities, cash flows from investing activities, and cash flows from financing activities. Review the statement, and then proceed to the next panel Championship Boxing, Inc. Statement of Cash Flows For the Year Ended December 31, 2018 Cash flows from (used for) operating activities: Net income $185,540 Check My Work 3 more Check My Work uses remaning Cash flows from (used for) operating activities: Net Income Adjustments to reconcile net income to net cash flow from operating activities: Depreciation Gain on sale of investments Changes in current operating assets and liabilities: Increase in accounts receivable Increase in Inventories Increase in accounts payable Decrease in accrued expenses payable Net cash flow from operating activities Cash flows from (used for) investing activities: Cash received from sale of investments Cash paid for purchase of land Cash paid for purchase of equipment Net cash flow used for investing activities Cash flows from (used for) financing activities: Cash received from sale of common stock Cash paid for dividends Net cash flow from financing activities Net increase in cash Cash balance, January 1, 2018 Cash balance, December 31, 2018 Check My Work 3 more Check My Work uses remaining All work saved. MacBook Air $186,540 18,400 (50,000) (25,390) (33,450) 41,100 (12,480) $280,000 (326,000) (152,000) $187,500 (91,200) $124,720 (198,000) 96,300 $23,020 585,920 $608,940 Emall structur Submit Assignment for Grading Balance Sheet Using the information on above, complete the following comparative balance sheet. Championship Boxing, Inc. Comparative Balance Sheet December 31, 2018 and 2017 2018 2017 Assets Cash Accounts receivable (net) Inventories Investments Land Equipment Accumulated depreciation-equipment Total assets Liabilities Accounts payable (merchandise creditors) Accrued expenses payable (operating expenses) Dividends payable Total liabilities Stockholders' Equity Check My Work 3 more Check My Work unremaining 60,890 230,970 705,120 (166,400) 001 41,150 $498,080 All work saved, 000.0.0: $585,920 618,320 $391,830 19,200 Email Instructor Submit Assignment for Grading Cash Accounts receivable (net) Inventories Investments Land Equipment Accumulated depreciation-equipment Total assets Liabilities Accounts payable (merchandise creditors) Accrued expenses payable (operating expenses) Dividends payable Total liabilities Stockholders' Equity Common stock, 14 par Paid-in capital in excess of par Retained earnings Total stockholders' equity Total liabilities and stockholders' equity Check My Work more Check My Wos unes remang 60,890 230,970 705,120 (166,400) 41,150 $498,000 $1,858,320 All work saved $585,920 618,320 $391,830 19,200 $100,000 280,000 Email Instrutor Submit Assignment for Grading Ava planned to paint 5 flowerpots. She painted 4 already. What percentage of her work is complete?O 75%O 80%O 20%O 50% with bipartisan support, president biden signed a bill into law enshrining federal protection for... . Cause: Exotic goods from the Eastappeared in European marketplaces. rewrite this inequality so y is by itself:3x 4y 24. What was the House of Burgesses? A. The government of EnglandB. A representative assembly that managed the Virginia CompanyC. The governor's residence in VirginiaD. A representative assembly that managed VirginiaPlease just tell me which one it is out of the 4 and explain it, it's annoying enough as is In order to reach the persian gulf from iraq through which country must you travel.