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Andru [333]
3 years ago
8

Accounts receivable arising from sales to customers amounted to $40,000 and $55,000 at the beginning and end of the year, respec

tively. Income reported on the income statement for the year was $180,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is _________.
Business
1 answer:
Goryan [66]3 years ago
4 0

Answer:

$165,000

Explanation:

The computation of the cash flows from operating activities is shown below:

Cash flow from operating activities

Net income reported for the year = $180,000

Less: Increase in account receivable -$15,000 ($40,000 - $55,000)

Cash flow provided by operating activities $165,000

Since there is a $15,000 increase in account receivable and the same is deducted from net income so that the correct amount could arrive

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You have decided to open a pet store and have engaged in a contract with Dog N' Cat Centers, Inc. You and the company have drawn
podryga [215]

Answer:

franchisor; franchisee

Explanation:

Franchising is the system for the expanding business and distributing the goods and the services to meet the higher demand.

Franchisor is the big name and big company or business which offers small business for franchising in order to gain profits and expanding business.

Franchisee is small business owner who has purchased right to use existing business's trademarks and then uphold same standards as first business.

Hence, in the given case, Dog N' Cat is the <u>franchisor</u> and you are the <u>franchisee</u>.

5 0
3 years ago
To get detailed values of project schedule and cost performance, look at _____ and _____.
Olegator [25]

We need to look at the schedule variances and cost variances to get a detailed values of the project schedule and cost performance.

Basically, a project schedule helps to show what to be done, what to utilize and when the project is due.

  • The cost performance does show the financial effectiveness and efficiency of the project.

In conclusion, we definitely need to look at the <u>schedule variances</u> and <u>cost variances</u> to get a detailed values of the project schedule and cost performance.

Read more about schedule variances

<em>brainly.com/question/3521424</em>

8 0
2 years ago
Suppose that you have been given a summer job as an intern at Issac Aircams, a company that manufactures sophisticated spy camer
ELEN [110]

Answer:PRODUCT COSTS include; (1) Soap and paper towels used by factory workers in a shift(2) Heat, water and power consumed in the factory(3) Materials used for boxing products for shipments overseas (4) Workers compensation insurance for factory employees (5) cost of packaging the company's products(6) Rent on equipment used in the factory (7) Lubricants used for machine maintenance (8) Factory supervisors salaries.

While PERIOD COSTS include (1) Depreciation on sales persons cars (2) Salaries of personnel who work in the finished goods warehouse (3) Advertising costs (4) depreciation on chairs and tables in the factory lunch room (5) Wages of the receptionist in the administrative offices (6) Cost of leasing the corporate jet used by the company's executives (7) Cost of renting rooms at Florida Resort for the annual sales conference.

Explanation:

Product costs are those direct costs incurred in the production of a commodity for example, direct labour, direct materials etc while Period costs is any cost associated with passage of time. It is incurred whether production is in process or not.

6 0
3 years ago
Identify a romantic couple in a TV series or movie that goes through several of Knapp's Stages of Relational Development. Descri
Artyom0805 [142]

Answer:

Stagnation

Explanation:

There are several stages in Knapp's stages of relational development. The  stages are as,

Experimentation

Intensifying

Integration

Bonding

Differentiation

Circumscribing

Stagnation

Avoidance

Termination

I recently saw a movie in which there was a couple who was going through integration period of Knapp's relational development. They express their love for each other and plans to marry soon. Once they are married they identify the difference in their cultures because both of them belonged to different religion. The difference start to create problems between them and they now quarrel with each other over small things. The relation goes into circumscribing stage where there is less exchange of information between the couple and they avoid talking to each other. There is an increase communication gap between two. As the movie moves to climax both of them are in Stagnation stage where each of them feels stuck in this relationship and suddenly there is an accident and one of them dies. The movie ends with lifetime regrets for the one who survives.

3 0
2 years ago
A company had net sales of $30,800 and ending accounts receivable of $3,400 for the current period. its days' sales uncollected
sineoko [7]

Days of sales outstanding = 40.29 days

   365 x Account receivable/Net sales

  = 365 × 3400/30800 = 40.29 days

Net sales is the sum of a company's gross sales minus returns, rebates, and rebates. Calculating net sales is not always transparent to the outside world.

Gross sales do not include deductions, but net sales include all expenses incurred during the sales process.

In business and accounting, net income is a company's income less the cost of sales, expenses, depreciation, interest, and taxes for the accounting period.

Learn more about Net sales here: brainly.com/question/25623677

#SPJ4

8 0
2 years ago
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