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Anika [276]
1 year ago
8

Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's cash flow from operating activities for 201

2 was _______. $749,000$719,000$744,000$618,000
Business
1 answer:
Helen [10]1 year ago
7 0

The firm's cash flow from operating activities for 2012 was D. $618000.

<h3>What Is the Definition of Cash Flow From Operating Activities (CFO)?</h3>

The cash flow from operating activities formula shows you whether or not your core business activities are successful. If your company generates a positive cash flow from operations, you may be able to fund expansion projects, launch new products, pay dividends, reduce debt, and so on.

The amount of money a company earns from ongoing, regular business activities such as manufacturing and selling goods or providing a service to customers is referred to as cash flow from operating activities (CFO).

It should be noted that the cash flow from operating activities is calculated thus:

= Operating Income + Depreciation – Taxes + Change in Working Capital

= $500000 + $140000 - $50000 + $28000

= $618000.

Learn more about cash flow on:

brainly.com/question/735261

#SPJ1

Flathead Lake Manufacturing Company has the following in it's financial statement:

Operating Income = $500000 Depreciation = $140000

Taxes = $50000

Change in Working Capital = $28000

The firm's cash flow from operating activities for 2012 was _______. $749,000$719,000$744,000$618,000

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7 0
3 years ago
Read 2 more answers
Maria, a certified financial planner, must also be a licensed attorney to be appointed Trustee of a bankruptcy estate. A. True B
seropon [69]

Answer: False

Explanation:

Bankruptcy Trustees are usually lawyers and this is why people think that they must always be lawyers but this is not the case.

The United States Trustee who is an officer of the Department of Justice and the one in charge of appointing Bankruptcy Trustees, can appoint a person other than a licensed attorney to be the representative of an estate for bankruptcy related matters (trustee) such as accountants or financial planners.

6 0
3 years ago
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Nata [24]

The six career tracks that make up the business management and administration career cluster are general management, business information management, human resources management, operations management, accounting, and administrative support.

<h3>What is business management and Business administration?</h3>

Business administration, which is sometimes focused on certain industries, concentrations, or job titles within a corporation, is the study of business as it relates to operations and leadership. Students can prepare for a range of jobs within a company by earning a degree in business administration, which provides leadership and analytical skills essential to the current corporate world. Concentrations on a particular industry or job, such human resource management or healthcare, are available for some business administration degrees.

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5 0
2 years ago
Milton Friedman, Karthik Ramanna, and Peter Singer walk into a bar. Unfortunately, itâs not a joke. You are the unlucky bartende
Lilit [14]

Answer:

Consider the following explanation

Explanation:

The discussion started with Mr. Friedman explaining how the want and setting up on MNCs have become way more easier than it was a couple of decades ago. This is because the role of business in the society has increases. With increasing population the demand needs to be met on that level as well. Agreeing with the latter point Mr. Karthik said that yes, the demand needs to met but that should not make MNC and their setup easy. The quality according to him suffers.

Mr.Karthik said that the MNCs are also huge retail shops who must make sure that their production of goods and services are worth opting for. This is actually what business is supposed to do. Unlike the two gentlemen who are busy taking out the judgement on what is right and wrong in business and role it plays in the society, Mr.SInger started to add an important aspect. According to his view the greater role of business today, lies in the fact that it must benefit the society and reap positive externalities.

This is where the Corporate social responsibility comes in. The usage of resources and then replenishing it back into the nature is very very important according to Mr.Singer. He explained why the industries should not be given the liberty to discharge waste anywhere but must be either penalised or made to indulge in the act of social responsibility. With such conclusive thought s all th three agreed on a larger perspective of business.

3 0
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