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2 years ago

Capital 4. Cash flows from Operating Activities + Activities Net increase/decrease in cash

1 answer:

6 0

If the balance of an asset increases, coins glide from operations will decrease. If the balance of an asset decreases, cash drift from operations will boom. If the balance of a legal responsibility increases, coins waft from operations will grow.

If the balance of a liability decreases, coins waft from operations will decrease. the lowest line at the assertion is the internet boom (lower) in cash and cash Equivalents. it's determined by using calculating the whole cash inflows and outflows for every one of the three sections in the cash go with the flow assertion.

Four simple rules to bear in mind as you create your coins go with the flow announcement: Transactions that display a boom in property bring about decrease a in cash go with the flow. Transactions that show a lower in belongings result in a boom in coin flow. Transactions that display a boom in liabilities bring about an in increases coins float.

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Alex and Bess have been in partnership for many years. The partners, who share profits and losses on a 70:30 basis, respectively

Usimov [2.4K]

Answer:

Alex and Bess Partnership

Part A: Step-by-step Distribution:

Cash Noncash assets Liabilities Alex Bess

December 31 $48,000 $135,000 $36,000 $94,500 $52,500

Safe cash

distribution (26,400) 0 0 (18,480) (7,920)

1st Liabilities (21,600) 0 (21,600) 0 0

Sale of noncash 147,000 (135,000) 8,400 3,600

Safe cash distrib. (100,000) (70,000) (30,000)

Final liabilities (14,400) 0 (14,400) 0 0

Liquidation expense (4,100) 0 (2,870) (1,230)

Final distribution (28,500) 0 (11,550) (16,950)

Part B: Final Statement of Partnership Liquidation:

Cash Noncash assets Liabilities Alex Bess

December 31 $48,000 $135,000 $36,000 $94,500 $52,500

Sale of noncash 147,000 (135,000) 8,400 3,600

Payment of liabilities (36,000) (36,000)

Liquidation expenses (4,100) 0 (2,870) (1,230)

Distribution (154,900) 0 0 (100,030) (54,870)

Explanation:

a) Data and Calculations:

Profits and losses sharing ratio = 70:30

Estimated liquidation expenses = $5,500

Balance Sheet at Liquidation Date:

Cash $48,000 Liabilities $36,000

Noncash assets 135,000 Alex, capital 94,500

Bess, capital 52,500

Total assets 183,000 Total liabilities and capital $ 183,000

3 0

3 years ago

Draw five sector of macroeconomic model

solong [7]

Answer:

Here's my Macroeconomic model.

Explanation:

Thus, the five-sector model includes (1) households, (2) firms, (3) government, (4) the rest of the world, and (5) the financial sector. The financial sector includes banks and non-bank intermediaries that engage in borrowing (savings from households) and lending (investments in firms).

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3 years ago

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Reptile [31]

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3 years ago

For question 2b, can anyone explain to me whether this statement is correct or. not

lawyer [7]

Its correct because tge more cheeper it is the more will eat and she will make goid money and the higher price will take her shop in loss

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3 years ago

Sole proprietorships are often owned by __________.

azamat

Sole proprietorships are often owned by financial institutuins

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3 years ago