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Grace [21]
1 year ago
7

in 2022 medrano manufacturing reported 3.9 billion in cash flows from operating actiivites but on ly 2.7 billion in net income w

hat is one possible reason that medrano coudl reporet this difference
Business
1 answer:
Sever21 [200]1 year ago
5 0

They recorded $1.2 billion in noncash expenses on their income statement.

One possible reason that Medrano could report this difference is 3.9 billion - 2.7 billion =$1.2 billion

In accounting terms, price is the operational fee that is paid to earn business sales. It manner the outflow of cash in going back to goods or offerings. prices also can be written as the sum of all the operations that normally convey income.

Price is any specific outflow of coins or different precious belongings from a person or organization to another man or woman or enterprise. This outflow is normally one facet of exchange for services or products which have identical or higher contemporary or destiny fees to the customer than to the vendor. Technically, a fee is an event in which a proprietary stake is dwindled or exhausted, or a liability is incurred. In terms of the accounting equation, costs reduce owners' fairness.

To learn more about Expenses visit here:

brainly.com/question/28448285

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The internal rate of return is that discount rate that equates the present value of the cash outflows (or costs) with the presen
Paladinen [302]

Answer:

True

Explanation:

The internal rate of return defines that return in which the net present value is zero that means the initial investment is equivalent to the present value of the yearly cash flows after considering the discounting factor

In other words we can say that the net present value is zero

Hence, the given statement is true

7 0
3 years ago
Which countries signed in the North American Free Trade Agreement in 1992?
TEA [102]

The correct answer is Canada, the United States, and Mexico

Explanation:

The North American Free Trade Agreement or NAFTA was an economic alliance between three important countries: Canada, the United States, and Mexico (main countries in North America). Additionally, the purpose of this alliance was to facilitate trade between these countries, and in this way promote the development of the economy in these territories. In terms of history, all countries signed for the agreement in 1992, but the alliance was official only in 1993 because of the opposition of some citizens and groups. Thus, in 1992 Canada, the United States, and Mexico signed this agreement.

4 0
3 years ago
Diana Mark is the president of ServicePro, Inc, a company that provides temporary employees for not-for-profit companies. Se rvi
Reil [10]

Answer: Please see explanation column for answers

Explanation:

1.To record the Purchase of office supplies on account.

Date         Account titles and explanation         Debit         Credit

April 2                Office Supplies                         $900

Accounts Payable                                                                  $900

2.To record performed services on account

Date         Account titles and explanation         Debit         Credit

April 5            Accounts Receivable                  $4,600

                    Service revenue                                                   $4,600

3.To record office supplies  bought previously on account.

Date         Account titles and explanation         Debit            Credit

April 8         Accounts Payable                           $330

                   Cash Credit                                                            $330

4.To record Payment of  advertising expense for cash

Date         Account titles and explanation         Debit            Credit

April 8         Advertisement expense                 $800

                          Cash                                                                 $800

5.To record the Purchase equipment for cash

Date         Account titles and explanation         Debit           Credit

April 9                Equipment                              $3,100

                               Cash                                                         $3,100

6. To record Paid wage expenses for cash

Date         Account titles and explanation         Debit            Credit

April 10             Wages Expenses                      $2,000

                                   Cash                                                     $2,000

7. To record Collected cash from customers provided services billed April 5.

Date         Account titles and explanation         Debit            Credit

April 11           Cash                                               $1,800

             Accounts Receivable                                                  $1,800

8.To record the Purchase of  land by  signing note and giving a  down payment.

Date         Account titles and explanation         Debit           Credit

April 12           Land                                          $14,000

                     Cash                                                                    $2,800

                Notes payable                                                         $12, 200

9. To record the Issuance of  common stock for building an office

Date         Account titles and explanation         Debit            Credit

April 13        Office Building ( 1700 x$40)          $68,000

                        Common Stock                                               $68,000

10.To record Performed services on account.

Date         Account titles and explanation         Debit             Credit

April 14         Accounts Receivable                  $2,800

              Service Revenues                                                      $2,800

11. To record unpaid utilities bill to be paid in the next month.

Date         Account titles and explanation         Debit             Credit

April 15           Utilities expense                          $700

               Utilities payable                                                          $700

7 0
3 years ago
Partnerships refer to more than one owner. a limited partnership ______________.
snow_lady [41]
Is it a multiple choice question? Anyway, this is the definition of a limited partnership:

<span>A Limited Partnership is a partnership consisting of a general partner, who manages the business and has unlimited personal liability for the debts and obligations of the Limited Partnership, and a limited partner, who has limited liability but cannot participate in management.</span>
7 0
3 years ago
Taxes represent __________ of the business. Multiple Choice an equity liability a cash inflow a cash outflow an accounts receiva
Eduardwww [97]

The taxes that are being paid by a business firm represents: C. a cash outflow.

Taxation can be defined as the involuntary and compulsory fees that are usually levied on individuals or business firms (entities) by the government, so as to generate revenues which are used in funding public institutions and activities.

Basically, these taxes that are being paid by individuals or business firms (entities) is considered as a cash outflow because it represents money that are flowing out of their accounts.

In conclusion, an amount of money that is flowing out of an account such as taxes is referred to as a cash outflow.

Read more: brainly.com/question/16477816

5 0
2 years ago
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