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
puteri [66]
1 year ago
9

Coronado Company reported net income of $69000 for the year. During the year, accounts receivable decreased by $8100, accounts p

ayable increased by $4200 and depreciation expense of $4500 was recorded. Using the indirect method, net cash provided by operating activities for the year is $64500. $85800. $68400. $56700.
Business
1 answer:
Black_prince [1.1K]1 year ago
4 0

Coronado Company reported the indirect method as answer is 85800. Thus, the option (b) is correct.

What is net income?

The term “net income” refers to the company's earnings less all costs, such as salaries, taxes, raw materials, and cost of products sold. After subtracting an individual and business's expenses, the net income is what remains.

The net cash provided by operating activities are:

Net income = $69000

The accounts receivable decreased = $8100

The accounts payable increased = $4200

Depreciation expense = $4500

The addition of the details are:

$69000 + $8100 + $4200 + $4500

= 85800.

Therefore, option (b) is correct.

Learn more about on net income, here:

brainly.com/question/15570931

#SPJ1

You might be interested in
What is one explanation for why this labor supply curve is upward sloping over the range of wages from low wage to high wage?
hjlf

Answer:

Option 1 - the opportunity cost of leisure decreases as wages decrease.

Explanation:

The labour supply curve of any occupation will always be upward sloping because when wages, (the opportunity cost of leisure) rises, the more hours of leisure a staff will relinquish to do more work.  

The opposite of this is true as seen in option 1 of the question.

Opportunity costs will reduce with a consequent reduction in average wages. When fewer people want to retain their employment due to decrease in wage rates, it would lead to a fall in demand for leisure.  

6 0
3 years ago
In intrapersonal communication, you use the language and symbols that were communicated to you through your culture.
steposvetlana [31]

Answer:

Idek what that is XD

Explanation:

6 0
3 years ago
You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties
sdas [7]

You have a franchised planet fitness gym. you began the business by paying your initial franchise fees and now you pay royalties on a regular basis. this typical fee structure for a franchise is an Example Of an advantage For An Franchisor.

In the aforementioned scenario, we first pay the initial franchise fees and then we are required to pay royalties on a regular basis. As a result, it is obvious that the franchisor benefits financially and that overall growth also benefits because the franchisor does not assume any risk in the Planet Fitness Gym; instead, they merely provide their franchises and receive regular basis income.

Additionally, they lower market and gym startup costs, among other things. They also gain from the fact that opening a new gym raises the value of their brand in the marketplace, which helps the franchisor long-term and accelerates their overall growth.

A franchise is a kind of license that gives a franchisee access to a franchisor's confidential company information, operational procedures, and trade names, enabling the franchisee to conduct business under the franchisor's brand.

Learn more about franchise here

brainly.com/question/14034124

#SPJ4

3 0
2 years ago
All are examples of independent regulatory agencies except:
11111nata11111 [884]
The Department of Justice is not an example of an independent regulatory agency.
5 0
3 years ago
Which of the following statements is more likely if cash and marketable securities increase by $5,000 during a period in which c
Goryan [66]

Answer:

C) Debt increases by more than cash dividends paid

Explanation:

Based on the information given the statements that is more likely based on the below calculation will be : DEBT INCREASES BY MORE THAN CASH DIVIDENDS PAID reason been that the NET INCREASE IN THE CASH from financing activities was the amount of $4,500

Net Increase In The Cash from financing activities = $5000 - $1000 + $500

Net Increase In The Cash from financing activities= $4500

4 0
3 years ago
Other questions:
  • Match each definition with its related term by selecting the appropriate term in the dropdown provided. There should be only one
    12·1 answer
  • What fee may be collected prior to delivering required disclosures?
    9·1 answer
  • Economic models:
    14·1 answer
  • Keenan Industries has a bond outstanding with 15 years to maturity, an 8.25% nominal coupon, semiannual payments, and a $1,000 p
    14·1 answer
  • A wealthy art collector has decided to endow her favorite art museum by establishing funds for an endowment which would provide
    5·1 answer
  • QUESTION 1 When several alternative investment proposals of the same amount are being considered, the one with the largest net p
    13·1 answer
  • Suzette is receiving $10,000 today, $15,000 one year from today, and $25,000 four years from today. She will immediately invest
    8·1 answer
  • Peyton earns $1,700 every other week, but only brings home $1,100 due to deductions, what is Peyton’s gross pay?
    15·1 answer
  • Inflation makes certain things less valuable in real terms, including: Group of answer choices your full college scholarship. re
    11·1 answer
  • The force that leads to zero economic profits for monopolistically competitive firms in the long run is:_________
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!