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Question - A founder is comparing the fiscal year-end balance sheet of her startup as of December 31, 2021, with the balance sheet at the end of the first quarter on March 31, 2022. What is the total net cash flow impact of the changes in the following balance sheet accounts from December 31, 2021 to March 31, 2022?
December 31, 2021
Accounts receivable $75,000
Inventory $140,000
Accounts payable $60,000
Long term debt $45,000
Share capital $250,000
March 31, 2022
Accounts receivable $125,000
Inventory $80,000
Accounts payable $110,000
Long term debt $42,000
Share capital $1,000,000
Wilson Company makes all sales all sales of industrial bearings under terms of FOB shipping point. The company usually receives orders for sales approximately one week before shipping inventory to customers.
Discuss how the term affects living beings (including humans) and/or the physical environment. Provide two examples as needed.
presented below is informatin related to anderson inc. 1balance as per books at 1.31.2013 41847.85 receipts 173523.91
the gillett companys breakeven point in units is 25000. assuming that variable costs are 50 and fixed costs are 500000
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At March 31, Bandstra Co. had a book balance in its cash account of $5,500. At the end of March the company determined that it had outstanding checks of $900, deposits in transit of $600, a bank service charge of $20, and an NSF check from a customer..
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The estimate of the remaining lifetime capacity of the mine was raised to 2,400,000 tons at the start of 2020. How much should be recognized as depletion
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