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SIZIF [17.4K]
2 years ago
8

Paige noted that she disbursed $7,847 in payments for operations in her travel agency and received $7,162 in cash receipts for s

ervices rendered. She had no cash receipts or disbursements from investments or financing activities. Thus, Paige had a
Business
1 answer:
AnnyKZ [126]2 years ago
6 0

There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. Hence, the correct option is negative cash flow.

<h3>What do you mean by cash flow from operating activities?</h3>

Cash flow from operating activities (CFO) shows the quantity of cash an organization brings in from its ongoing, everyday commercial enterprise activities, together with production and promoting items or presenting a service to customers.

The missing information in the question is:

Multiple Choice:

negative cash flow.

positive disbursement.

bad debt allowance.

tax credit payment.

Hence, There is negative cash flow of $685 in the case given as the total amount of cash disbursements was $7,847 and the cash receipts $7,162 for services rendered. The correct option is negative cash flow.

learn more about cash flow from operating activities here:

brainly.com/question/25716101

#SPJ1

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A city government purchased a new fire truck in Year 1 for $270,000. The city incurred an additional $ 30,000 in transportation
erica [24]

Answer:

correct option is  $0

Explanation:

given data

purchased  truck = $270,000

transportation and calibration costs = $30,000

life = 20 years

financed period = 15 year

solution

we know here that some expenses like insurance and depreciation etc is allocated by systematic and the rational procedure for some period

so that during that period related asset is expected to provide the benefit

and acquisition of capital asset is not record as expenses

we know  appropriate property and  plant or the equipment assets account are debit on  purchases

so that Depreciation expenses are recorded to reflect the allocation of costs of the asset to operation over service life of assets

so here correct option is  $0

6 0
3 years ago
The table below shows a summary of Kaitlin's credit card statement for the month of February.
den301095 [7]

Answer:

A) 32 percent interest B) Yes it will be paid

Explanation:

23 times 42 divided by 7

6 0
3 years ago
many say that companies have a right to drug-test their employees because drug use impairs an employee's performance. how do des
marin [14]

The workplace is the location of the arbitrary drug testing. This is done to see if any of the workers are using drugs. The testing aids in determining the quantity and frequency of recent alcohol and illegal substance usage.

The impairment brought on by stress or other factors is not tested during random testing.Employees are subjected to random exams, which are probably inspections of their physical conditions to determine whether they are drug users and how their bodies have been impacted by drugs to the point where they are unable to perform their regular jobs.

Employees who are discovered to be using illicit drugs receive warnings and are fired from their positions.Any unannounced, without prior notice chemical screening for the presence of typically illicit narcotics in a sample of one's blood, hair, or urine is known as a "random drug test."Being unexpected and without prior notice, it is random. This is done to weed out workers who use heavy drugs, which frequently renders them ineffective or ineligible for employment.

To know more about drug- testing visit:

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7 0
10 months ago
One function of a firm to its employees is to provide them with proper working conditions and pay them accurate wages and salari
Juliette [100K]

Answer:

true

Explanation:

6 0
3 years ago
Read 2 more answers
You have found an asset with an arithmetic average return of 14.60 percent and a geometric average return of 10.64 percent. Your
Ksju [112]

Answer:

return of the asset =  13.94%

return of the asset =  13.11%

return of the asset = 11.46 %

Explanation:

given data

average return = 14.60 percent

geometric average return = 10.64 percent

observation period = 25 years

solution

we get here return of the asset over year  by Blume formula that is

return of the asset = ( T- 1 ) ÷ ( N - 1)  × geometric average + ( N -T)  ÷ ( N - 1)  × arithmetic average   ..................1

here N is observation period and T is time

put value in equation 1

return of the asset = \frac{5-1}{25-1} *0.1064 + \frac{25-5}{25-1} * 0.1460

return of the asset = 0.1394 = 13.94%

and

return of the assets = \frac{10-1}{25-1} *0.1064 + \frac{25-10}{25-1} * 0.1460

return of the asset = 0.13115 = 13.11%

and

return of the assets = \frac{20-1}{25-1} *0.1064 + \frac{25-20}{25-1} * 0.1460

return of the asset = 0.11465 = 11.46 %

6 0
3 years ago
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