Lupita Corporation had payments to suppliers of $480 and employees of $190. The company's customer receipts totaled $810, and it paid $25 in interest. Calculate the net fund of the business from operating activities.
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- Bank Alfatih earned an annual profit amounting to USD1,500,000 through a Mudharaba Mutlaqah deposit account. The profit sharing ratio between the bank and the depositors of the Mudharaba deposit account is (40:60) respectively. The table below contains data on the deposit types that are available, average balance needed, and the weights that are used. Deposit Types Average balance Weights 1 month 300,000 0.5 3 months and less 400,000 0.8 6 months and less 600,000 1 12 months and less 800,000 1.25 Total 2,100,000 Calculate the total depositors’ share from the annual profit. Calculate the weighted average balance for each type of deposits.how much revenue should be recognized?Please provide the correct answer to this general accounting problem using valid calculations.
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