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RUDIKE [14]
3 years ago
13

"Stimpleton Company engages in the following cash payments: Purchase equipment $ 3,900 Pay rent 500 Repay loan to the bank 4,300

Pay workers’ salaries 1,100 What is the total amount of cash paid for operating activities?"
Business
1 answer:
DENIUS [597]3 years ago
6 0

Answer:

csh used for operatng activities 1,600

Explanation:

the operatng activities will be the cash outflow for business day-to-day operation

the rent is an operational cost, as the rented space is used daily for the business.

the workers salaries are operating activities, they work and provide their work to make the business operate

The equipment is an investment activity. the equipment will generate cash over the course of his useful life, is an investing activity. It decreases cash now, to increases in the future.

The Loan is a financing activity, the company is paying a loan which in a previous period provide cash.

So, total operating activities:

rent 500

salaries 1,100

total 1,600

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Producers in a monopolistic competition usually engage in advertising.

Advertising increases the awareness of a good or service to consumers which should increase the demand for the good. Increase in demand for the good, would shift the demand curve of the good to the right.

I hope my answer helps you

3 0
3 years ago
Expenses paid and recorded as assets before they are used are called.
attashe74 [19]

Answer:

Prepaid expenses

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Smith Company exchanges assets to acquire a building. The market price of the Smith stock on the exchange date was $35 per share
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3 years ago
Jessica isn't invited to a super bowl party her co-workers are throwing, simply because she's a woman. jessica is experiencing _
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4 years ago
Select all that apply On November 1, 2019, Movers, Inc., paid $24,000 for 2 years' rent beginning on November 1 (assume rent is
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Answer:

Rent expense of $2,000

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Explanation:

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