Cash flows during the first year of operations for the harman-kardon consulting company were as follows: cash collected from customers, $295,000; cash paid for rent, $31,000; cash paid to employees for services rendered during the year, $111,000; cash paid for utilities, $41,000. in addition, you determine that customers owed the company $51,000 at the end of the year and no bad debts were anticipated. also, the company owed the gas and electric company $1,100 at year-end, and the rent payment was for a two-year period. calculate accrual net income for the year.

Dr. sperry, a biologist, is using excel to track growth rates of different populations of bacteria. she has a very complex formula in one cell. it begins with “round”. dr. sperry would like to see exactly how excel’s calculation reached the final rounded value that she sees in the cell. what could dr. sperry do to best understand how the calculation was made? try different formulas on her own until she reaches the value shown in excel click on the evaluate formula button in the formulas tab and then click “step in” select the cell and then look at the formula in the formula field of the ribbon remove “round” from the formula in order to see the actual value before rounding