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Norma-Jean [14]
2 years ago
11

Rogers Company reported net income of $35,000 for the year. During the year, accounts receivable increased by $7,000, accounts p

ayable decreased by $3,000 and depreciation expense of $8,000 was recorded. Net cash provided by operating activities for the year is
Business
1 answer:
grandymaker [24]2 years ago
8 0

As per the given question, the net cash provided by operating activities for the year is $33,000.

<h3>What is net income?</h3>

Net Income refers to the sales minus cost of goods sold and other operating expenses.

The net cash provided by operating activities for the year is $33,000 (35,000+8,000-7,000-3,000).

Therefore, Net cash provided by operating activities for the year is $33,000.

Learn more about Net income here:

brainly.com/question/15570931

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Carol has decided to open a Vietnamese restaurant in her neighborhood. She will be solely responsible for the management of the
bogdanovich [222]

Answer:

e. She may find it difficult to deal with the stress of rent increase.

Explanation:

Carol has decided to open a Vietnamese restaurant solely. She has adopted 'sole proprietorship' form of business.

Sole Proprietorship is a form of business owned, run & managed by a single entrepreneur (proprietor).

This form of business has following advantages & disadvantages:

  • Advantages : Easy formation, dissolution ; sole, flexible, quick decision making
  • Disadvantages : Limited Capital ; Entrepreneur Unlimited Liability ; Less expansion scope.  

So : Carol being a sole proprietor won't face problems like - difficulty in quick & independent decision making, adaptability to market demand, focus on specific consumer groups .

She as a sole proprietor, would rather face issue like limited capital funds & hence would - find it difficult to deal with stress of rent increase.

3 0
4 years ago
What is real flow and money flow?
Kipish [7]
Real flow is exchange of goods & services between firms & households. & Money flow is exchange between 2 sectors
8 0
3 years ago
You just sold 900 shares of Alcove stock at a price of $34.08 a share. Last year you paid $39.20 a share to buy this stock. You
ehidna [41]

Answer:

d. -$4,608

Explanation:

The computation of the total capital gain is shown below:

Total capital gains is

= (End value - Beginning value) × 900 shares

= ($34.08 - $39.20) × 900 shares

= -$4,608

Hence, the  total capital gain on this investment is -$4,608

Therefore the option d is correct

And, the same is to be relevant

5 0
3 years ago
The process of assimilating mass-media advertisements with other promotional elements such as direct marketing, public relations
VMariaS [17]

Answer: Integrated Marketing communication.

Explanation:

Integrated marketing communication is a form of marketing strategy, where a business brand sends out several interconnected adverts and promotions, which all function to highlight the need for a consumer to purchase a certain product/service.

4 0
3 years ago
how do managers resolve problems related to transactions including cash, checks, debit cards, credit cards, discounts, layaway,
zhenek [66]

Answer:

Explanation:

In order to solve such problems the managers analyze the financial transactions in their systems. They first obtain the transaction number that the client received upon making the purchase. Then they find this transaction number in their system and analyze the numbers. If the transaction was a mistake or had an error they can reverse the transaction which would return the money to the client and move that transaction off of the confirmed transactions in the system.

3 0
3 years ago
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