Determine cash withdrawals for the period if net income is $53,000, beginning owner's equity is $47,000, and ending owner's equity is $63,000. a. $18,000. b. $8,000. c. $60,000. d. $37,000. Choose the correct answer
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Determine cash withdrawals for the period if net income is $53,000, beginning owner's equity is $47,000, and ending owner's equity is $63,000. a. $18,000. b. $8,000. c. $60,000. d. $37,000. Choose the correct answer
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- What is the value on 1/1/16 of the following cash flows? Use a 10% discount rate, and round your answer to the nearest $1.00. Date Cash Received 1/1/18 1/1/19 1/1/20 1/1/21 1/1/22 OA. $1,065 OB. $1,500 OC. $880 OD. $968 Amount of Cash $100 $200 $300 $400 $500Need answer pleaseWhat is the value on 1/1/95 of the following cash flows? Date Cash Received Amount of Cash 12/31/96 $100 12/31/97 $200 12/31/98 $100 12/31/99 $100 12/31/00 $100 Use a 10% discount rate and round your answer to the nearest $1.
- Provide Financial Accounting QuestionDirections: Read each senterce carefully and determine whether the statement is TRUE or FALS E. Write your answers on the space provided before each number. 1. At the beginning of the day, you have P200 cash in your pocket. At the end of the day, you have P50 left. If you make a horizontal analysis of your cash, you would conclude that your cash has decreased by 80% during the day. 2. In 2019, Entity A reported sales of P100 and profit of P20. In a vertical analysis, a financial statement user would conclude that Entity A was able to generate 20% profit from every peso of its sales during the period. 3. Entity A reported irventory balances of P100 and P50 in 2019 and 2018, respectively. In a horizontal analysis, a financial statement user would conclude that Entity A's inventory has increased by 50% from2018 to 2019. 4. An analysis of the intenelationships of infomation in a single period, expressed as parcentages of a common denomirator, is called horizortal analysis. 5. A comparison…General Finance Question Solution
- For each separate case, compute the required cash flow information for BioClean. Case A: Compute cash interest received Interest revenue $5,000 Interest receivable, beginning of year 600 Interest receivable, end of year . 1,700 Case B: Compute cash paid for wages Wages expense $9,000 Wages payable, beginning of year . . . . . . . 2,200 Wages payable, end of year . . . . . . . 1,000What is the IRR of the following set of cash flows? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) Cash Year Flow $17,100 1 7,800 9,100 7,600 3 IRR %Assume that the interest rate is greater than zero. Which of the following cash-inflow streams totaling $1,500 would you prefer? The cash flows are listed on order for year 1, year 2 and year 3 respectively. Select one: a. $300; $500; $ 700 b. $700; $500; $ 300 c. Any OF the above since they all sum to $1,500 d. $500; $500; $ 500
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