Cash flow, accounting, Basic Statistics

Assignment Help:
A business starts out with a cash balance of £1,000. It then makes the following transactions:
Buys inventory on credit for £500
Sells a non-current asset for £100 cash
Sells goods on credit £200
Buys a non-current asset for £400, paying a 10% cash deposit with the balance to be paid later.

What is the cash balance after these transactions?

Related Discussions:- Cash flow, accounting

Estimate the probability , The Video Club Martin rents movies at "regular p...

The Video Club Martin rents movies at "regular price" andat  "half price". Usually if the films are regularly priced one day, they will be at regular price the next day with probab

How will the adoption of ifrs change financial reporting, How will the adop...

How will the adoption of IFRS change financial reporting by companies? Manager 1: The new rules will definitely change the way our organization prepares financial statements.

Identify interaction between estimators and jobs, Q1.(i) The logistics depa...

Q1.(i) The logistics department of a large firm employs three "estimators" whose job it is to decide the likely cost of delivering their products to their customers.  This enables

Group project in statistics, I) Introduction 1) Topic (s) 2) Survey Questi...

I) Introduction 1) Topic (s) 2) Survey Question 3) Type of Sampling 4) Why? II) Calculations 1) Data Analysis (Charts, sample mean, sample standard deviation) 2) Probability 3) E

Computing, compute and interpret sample covariance for the data

compute and interpret sample covariance for the data

What is a valuation account, What is a valuation account? In accounting...

What is a valuation account? In accounting, an assessment consideration is usually a stability sheet consideration that is used in combination with another stability sheet cons

Sample space of an experiment, 1.The resumés of 2 males applicants for a co...

1.The resumés of 2 males applicants for a college teaching position in chemistry are places in the same file as the resumés of 2 female applicants. Two positions become available a

Absorption overheads, Give a brief discussion of the existing traditional ...

Give a brief discussion of the existing traditional method of absorbing overheads

Construct simulation model-estimate the probability, CBT has agreed to fina...

CBT has agreed to finance the needs of a stereo wholesaler for the next month. To complete the loan agreement, the wholesaler must estimate the cash on hand during the first 90 day

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd