1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alona [7]
2 years ago
6

Valley Technology had Net Income for 2021 of $9,600,000. The firm invested $5,000,000 in manufacturing equipment during 2020 but

made no additional capital investments in 2021. The equipment is being depreciated over five years using straight-line depreciation, starting in 2020. Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2021 with amounts in thousands. What is the Net Cash Flow in 2021
Business
1 answer:
suter [353]2 years ago
3 0

If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000.

<h3>Net cash flow</h3><h3>Cash Flow from Operating Activities</h3>

Valley Technology Statement of Cash Flows For the year ended 2021

Cash Flow from Operating Activities:  

Net Income $9,600,000

Add Depreciation Expense $1,000,000

($5,000,000/5)

Net Cash provided (used) by operating activities:  $10,600,000

Cash Flow from Investing Activities:  

Purchase of manufacturing equipment -$5,000,000  

Net Cash provided (used) in Investing activities -$5,000,000

Cash Flow from Financing Activities:$0

Net cash flow in 2021 $5,600,000

Therefore  If Valley Technology had Net Income for 2021 of $9,600,000. The Net Cash Flow in 2021 is:$5,600,000

Learn more about net cash flow here:brainly.com/question/735261

#SPJ1

You might be interested in
Diego has been hired as a consultant to review a company’s contracting and purchasing procedures. He began by reviewing recent c
MatroZZZ [7]

Diego applying the systems model of change as a diagnostic framework

<h3><u>Explanation:</u></h3>

The Business Diagnostics Framework is a systemized way to diagnose the form of your business. The framework emerges from the external concentric rings, evaluating primary the outside environment and then penetrating down into the essential functional areas of the business processes.

Business diagnosis is a means of operating rearward to recognize causes for inadequate execution by making the relevant links within causes and effects. Thus, it is a method of knowing the signs or conditions of a problem. The Business Diagnostics system is a different framework that assists resolve even the most complicated business circumstances.

6 0
3 years ago
MasterCard managers are motivated to increase (1) the number of individuals who have and use a MasterCard credit card, (2) the n
frez [133]

MasterCard could use the data warehousing strategy by making its cards acceptable for any transaction in any place.

Data warehouse plays an important role in the competitive market for MasterCard. As the data has been turned into Business Intelligence (BI), which enables individuals, banks and companies to make strong decisions with regard to payment through electronic means.

The data warehousing could be used by MasterCard to gain a distinct advantage over its competitors. As previously Visa represents around 50% of charges for products sold overall while MasterCard was only at 25%.

An example of using Data warehousing is such that banks can issue MasterCard which if used on Aircraft or Restaurants then these banks can use this data to arrange offers and other benefits to motivate cardholders to spend more with their MasterCard. They could even offer limited time openings such as to pay for room or buy exclusive items during shopping.

5 0
2 years ago
Business can handle risks through which of the following
lana [24]

Answer:

offering a wide range of products

Explanation:

5 0
3 years ago
Read 2 more answers
Tatum Company has four products in its inventory. Information about the December 31, 2021, inventory is as follows: Product Tota
balu736 [363]

Answer:

Tatum Company

1. The carrying value of inventory at December 31, 2021, assuming the LCNRV rule is applied to individual products is:

=  $ 303,000

2. Adjusting Journal Entry:

Debit Cost of Goods Good $38,000

Credit Inventory $38,000

To write-down the value of ending inventory.

Explanation:

a) Data and Calculations:

Product   Total Cost     Total Net Realizable Value    LCNRV

101            $ 136,000        $ 108,000                           $ 108,000

102               99,000             118,000                               99,000

103               68,000             58,000                                58,000

104               38,000             58,000                                38,000

Total        $ 341,000       $ 342,000                          $ 303,000

Write-down:

Cost of inventory =    $341,000

LCNRV of inventory    303,000

Inventory write-down $38,000

8 0
3 years ago
When managers determine that an organization is not making sufficient progress toward achieving its goals and objectives and the
Alekssandra [29.7K]

Managers are involved in controlling when they conclude that an organization is not making adequate progress toward reaching its goals and objectives and develop remedial actions.

  • Control is a management activity that aids in the detection of problems and the implementation of corrective actions. This is done to reduce deviation from standards and guarantee that the organization's overall goals are met as desired.
  • Controlling is the process of assessing an organization ’s objectives toward its objectives. It comprises monitoring the implementation of a strategy and correcting errors from that plan.
  • Control management is a process that helps your firm spot problems, make adjustments, and keep project management on track. Control management increases your firm's chances of achieving its goals.
  • Controlling is one of the most important management duties of a goal-oriented organization. Management control approaches are classified into two types: modern and classic control strategies. Feedforward, feedback, and concurrent controls are examples of management control techniques.

Thus the correct answer is controlling.

To learn more about controlling, refer: brainly.com/question/28109846

#SPJ4

7 0
1 year ago
Other questions:
  • Write down parts of the report
    11·1 answer
  • Someone help me please?
    11·1 answer
  • TB MC Qu. 9-291 Kartman Corporation makes a product with ... Kartman Corporation makes a product with the following standard cos
    12·1 answer
  • Government can raise economic efficiency through all of the following policies, except:_______.a) outlawing various forms of com
    11·1 answer
  • At March 1, 2017, Candy Inc. had supplies on hand of $2,000. During the month, Candy purchased supplies of $2,900 and used suppl
    15·1 answer
  • A company estimates that warranty expense will be 4% of sales. The company's sales for the current period are $185,000. The curr
    7·1 answer
  • Why do grocery stores put canned pears on sale?
    8·2 answers
  • Bramble Corp. applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the under-
    6·1 answer
  • why did the gradute students and professors score lower than chimpanzees in Rosling's global health pre test?​
    9·2 answers
  • Question 2 (5 points) Based on the following data, determine the amount of total assets, total liabilities, and net worth. Liqui
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!