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puteri [66]
9 months 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]9 months 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

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​U(X,Y)equals=20Xplus+80Yminus−Upper X squaredX2minus−2Upper Y squaredY2 where X is his consumption of CDs with a price of ​$11
ankoles [38]

Answer:

The number of CDs = 111.36

The number of movie videos = 242.72

N/B: I choose not to round up the answers.

Explanation:

The method used is the Lagrangian method. Basically, the optimization problem we are trying to solve is  the utility function u(x,y) = 20x+80y -x^2 -y^2

subject to the constraint

11x + 22y = 6565.

So the optimization problem(Lagrangian) is

\Delta = 20x + 80y -x^2 -y^2- \lambda(11x+22y-6565),

where \lambda is a constant called the Lagrange multiplier.

To find the optimal consumption, we need to maximize the Lagrangian with respect to the variables x,y,\lambda. This we do by differentiating \Delta with respect to each variable and then equate to 0.

\Delta_x : 11\lambda = 20 - 2x ........................(1) \\\Delta_y: 11\lambda = 40 -y .........................(2) \\\Delta_\lambda = 11x + 22y = 6565............................(3) \\

Equate (1) and (2), to get y = 20+2x and substitute into (3) to get x = 111.36. Substituting x = 111.36 into 20+2x to get the corresponding value of y.

7 0
3 years ago
Which is bigger 100,000 or .000157
Fudgin [204]
100,000? because .000157 is a decimal, right?
7 0
3 years ago
Read 2 more answers
Which is the BEST definition of the term economics?
Hunter-Best [27]
I would say b or c because I learned that economics is the making and distributing of good and services. If i was answering i would pick c
3 0
3 years ago
Why is using money as a medium of exchange preferable to bartering?
Y_Kistochka [10]

Answer:

Money as a medium of exchange is more preferable because of its less cumbersome nature.

Explanation:

Money as a medium of exchange is more suitable because of its less cumbersome nature. Money was invented because of the inefficient nature of the barter system.

Money is easily stored compared to a barter system.

Money as a medium of exchange eliminates the barter system's problem of double coincidence of wants. Barter works when you trade things you own for things you want. If for example you want a bicycle and you own a goat, you have to look for someone who wants a goat and owns a bicycle willing to make an exchange, which can be quite difficult.

Money is an acceptable medium of exchange to all parties which makes it more preferable to bartering.

8 0
3 years ago
Rosita purchased a bond for $989 that had a 7% coupon and semiannual interest payments. She sold the bond after 6 months and ear
Len [333]

Answer:

The price she sold the bond is $1,001.47

Explanation:

The formula for yield return in given as ;

Yield to maturity= (Annual interest+ per value - market price ÷ numbers of years to maturity)/per value+ market price÷ 2

048 = (Selling price + [(.07 × $1,000)/2] - $989)/$989

Making selling price the subject of formula we have this as the abswer

Selling price = $1,001.47

3 0
3 years ago
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