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
MrRissso [65]
2 years ago
5

Anthony Inc. reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000 and $2

1,000 respectively. Ending balances in these accounts were $10,500 and $29,000, respectively. Using just this information what is Anthony Inc.'s net cash flows from operating activities?
Business
1 answer:
Natalka [10]2 years ago
3 0

Answer:

$268,500

Explanation:

When you use the indirect method to calculate net cash flows, you start with net income and then adjust it by:

  • adding the amount by which accounts receivable decreased = ($17,000 - $10,500) = $6,500
  • deducting the amount by which accounts payable increases = ($21,000 - $29,000) = -$8,000

net cash flow from operating activities = $270,000 + $6,500 - $8,000 = $268,500

You might be interested in
Which of these government policies pursues the economic goal of equity?
Fudgin [204]

"Providing welfare benefits" government policies pursues the economic goal of equity.

<u>Option:</u> B

<u>Explanation:</u>

To ensure economic stability the government offers welfare benefits for the vulnerables. Welfare benefits are federal programs supported by the government for the families and individuals who need such assistance. Welfare benefits include reimbursement for unemployment, food stamps and support for health care. There seem to be six significant welfare programs in the United States. These include

  • Temporary Assistance for Needy Families (TANF),
  • Medicare,
  • Supplemental Nutrition Assistance Program (SNAP or food stamps),
  • Supplemental Security Income (SSI),
  • Earned Income Tax Credit (EITC), and
  • Housing Assistance.
4 0
3 years ago
Read 2 more answers
John Fare purchased $6,000 worth of equipment by making a $1000 down payment and promising to pay the remainder of the cost in s
vesna_86 [32]

Answer:

C $ 596.39

total payment          7,156.68

Interest expense     2,156.68

Explanation:

6,000  -  1,000 = 5,000 amount to finance

We will calcualte the cuota of an annuity of 6 years with semianual payment at 12% annual rate.

PV \div \frac{1-(1+r)^{-time} }{rate} = C\\

PV  $5,000.00

time   12 (6 years times 2 payment per year)

rate            0.06 (12% annual we divide by 2 to get semiannual)

5000 \times \frac{1-(1+0.06)^{-12} }{0.06} = C\\

C $ 596.39

The total amount paid will be the cuota times the time of the loan:

Total amount paid

596.39 x 12 = 7,156.68‬

The interest will be the difference between the total amount paid and the principal of the loan

Interest paid

total payment          7,156.68

principal                 (5,000)

Interest expense     2,156.68

7 0
2 years ago
Chet Bowes owns his own landscaping business, including all the land on which the company grows its plants, and all the equipmen
aliya0001 [1]

Answer:

Inheritance

Explanation:

The above question highlights example of inheritance. Whenever the ownership of business is transferred from one generation to another, it can be taken as an example of inheritance in a capitalist system.

The same has happened in the above question as well. Chet Bowes who owned his own lanscapped business has now transferred the ownership to his son Josh who has recently taken charge, now it is very much clear from the question neither Josh built the company on his own now was hired on the basis of his capabilities, the transfer happened on the basis of his relationship with the owner of the company. The question shows an example of inheritance.

5 0
3 years ago
Your current assignment at York Foods is to find the major benefits people look for in the packaged goods market, the kinds of p
Varvara68 [4.7K]

Answer:

People

Explanation:

People is the component of the marketing mix that deals with what the customer wants and how to effectively tailor products to meet those needs

It gives rise to segmentation of customers based on their preferences. Customers within a given segment are effectively catered for by because the company has an understanding of how to satisfy them.

In this scenario we want to find the major benefits people look for in the packaged goods market, the kinds of people who look for each benefit, and the major brands that deliver each benefit.

7 0
3 years ago
Identifying and appraising a company’s resource strengths and weaknesses and its external opportunities and threats is called: S
iren2701 [21]

Answer:

The correct answer is b. SWOT analysis.

Explanation:

SWOT analysis is a self-examination to determine the real strengths and weaknesses in order to establish the correct way to direct the operations of a company for the benefit of all. It is a way of visualizing the internal and external factors that affect business management, in order to propose solutions that allow an improvement in operations over time.

4 0
3 years ago
Other questions:
  • zyDE 8.14.1: Iterating over a dictionary example: Gradebook statistics. Write a program that uses the keys(), values(), and/or i
    15·1 answer
  • There are several reasons why a consumer might be reluctant to adopt a new product. For example, a consumer might be reluctant t
    15·2 answers
  • Freddy is purchasing a new car, and he has decided that gas mileage, price, reliability, and styling are important to him. These
    7·1 answer
  • Stockholders equity can be described as claims of
    5·1 answer
  • Identify how planned investment will change in each scenario. Airwings, a commercial airline manufacturer, becomes optimistic ab
    14·1 answer
  • Martinez, Inc. reported net income of $2.5 million in 2007. Depreciation for the year was $160,000, accounts receivable decrease
    15·1 answer
  • Which of the following is an other comprehensive income item found in the statement of stockholders equity? a. Extraordinary ite
    13·1 answer
  • A method of concealing receivables skimming by crediting one account while abstracting money from a different account is known a
    10·1 answer
  • The desired reserve ratio is 10 percent of deposits, and the currency drain ratio is 1 percent of deposits.
    12·1 answer
  • What is the corpus callosum?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!