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hodyreva [135]
3 years ago
5

Alvez reports net income of $355,000 for the year ended december 31. it also reports $119,700 depreciation expense and a $13,000

loss on the sale of equipment. its comparative balance sheet reveals a $52,200 increase in accounts receivable, a $13,200 decrease in prepaid expenses, a $20,200 increase in accounts payable, a $16,500 decrease in wages payable, a $97,000 increase in equipment, and a $130,000 decrease in notes payable. calculate the net increase in cash for the year.
Business
2 answers:
wolverine [178]3 years ago
7 0

Answer:

225400

Explanation

mash [69]3 years ago
4 0
The correct answer is $284,200
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An accountant increases the price he charges for his services by 14 percent. In​ response, the demand for his services decreases
blondinia [14]

Answer:

Decrease

Explanation:

Given that

Change in quantity demanded = 6%

change in price = 14%

Price elasticity of demand = (Percentage change in quantity demanded) ÷ (percentage change in price)

= 6% ÷ 14%

= 0.42

Price elasticity of demand is greater than 1 that which means demand is elastic. Therefore the increase in price, the revenue will decrease because demand is elastic.

5 0
2 years ago
You will receive $500 tomorrow. You will receive an additional nine cash flows growing at the rate of inflation of 2 percent per
kobusy [5.1K]

Answer:

please find the solution which is defined as follows:

Explanation:

please find the table in the attached file:

  • In point A, The Cashflow value = 5474.86 (premised on the description of cash flows).
  • In point B, the above table the PV of cash flow represents the real cost of its earned cash flow.
  • In point C, its actual value of the cash flow source is 3643.921.
  • In point D, The observation would be that the value of money year after year is depleting and is worth far more as inflation is weak.

7 0
3 years ago
Which of the following would not interfere with market equilibria? a. a non-binding price floor b. a binding price ceiling c. a
nignag [31]

Answer:

A) a non-binding price floor

Explanation:

A non-binding price floor is a price floor set below the current equilibrium price, so it really doesn't affect either the supply or demand of the product.

A binding price ceiling will result in a shortage since it decreases quantity supplied and increases quantity demanded. Rent control is a type of binding price ceiling. A minimum wage is a type of binding price floor which results in labor supply surplus since the quantity of labor supplied will increase but the quantity of labor demanded will decrease.

3 0
3 years ago
When using the indirect method to prepare the operating section of a statement of cash flows, which of the following is deducted
zysi [14]

Answer:

B

Explanation:

When using the indirect method to prepare the operating section of a statement of cash flows , the gain on sale of land will be deducted from the net income as it has already been included in the net income as the gain on the sales of the land , which was a non cash recognition in the course of the business.

Decrease in receivable means that there was an inflow of cash as some receivables had paid their debts , thus it is added.

The amortization is a non cash expenses that had been deducted which will need to be added back to the net income for the purpose of cash flow.

5 0
3 years ago
Listening involves understanding what is heard true false ?
8090 [49]

Answer:

true

Explanation:

8 0
2 years ago
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