On August 5, 2021, Blossom Furniture shipped 30 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set was $450 each. The cost of shipping the dining sets amounted to $4600 and was paid for by Blossom Furniture. On December 30, 2021, the consignee reported the sale of 20 dining sets at $950 each. The consignee remitted payment for the amount due after deducting a 7% commission, advertising expense of $700, and installation and setup costs of $880. The amount cash received by Blossom furniture is

$16,280

Explanation:

The computation of Cash received is shown below:-

Sale of Dining Set - 20 Nos × $950     $19,000

Less: Deduction by Consignee

Commission - 6%                                     $1,140

($19,000 × 6%)

Less: Advertisement expenses               $700

Less: Installation and setup costs           $880

Cash received                                          $16,280

Therefore for computing the cash received we simply deduct the all expenses from Sale of Dining set

net worth is the difference between what you own and what you have. if you exceed your liabilities you have a positive net worth. if your liabilities are greater than your assets you have a negative net worth. its a snapshot of your financial situation. if you calculate your net worth you will see the end result of everything you've earned and spent as of now. net worth statements and all you asked of can you determine where you are, how to get where you want to be, if your spending   to much. honestly it can tell you a lot of things. i can go on, but you can paint the picture from here.

explanation:

answer; i believe that the correct answer is ( owners investment)