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beks73 [17]
3 years ago
10

Which of the following is added to net income to reconcile to cash from operations?

Business
1 answer:
skad [1K]3 years ago
7 0

Answer:

E. None of the above

Explanation:

The only two accounts that you must add to net income are the amortization and depreciation

In order to reconcile net income to cash from operations the Amortization and Depreciation must be added to Net Income.

Why? because These accounts: Amortization and Depreciation are not cash accounts. This means that the figures in amortization and Depreciation are not actual outflows of cash but just a bookkeeping figure.  

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Your local pawn shop loans money at an annual rate of 23 percent and compounds interest weekly. What is the actual rate being ch
Eddi Din [679]

Answer:

D. 25.80 percent

Explanation:

The formula to compute the effective annual rate of the loan is shown below:

= (1 +  annual interest rate ÷ periods)^ number of period - 1

= (1 + 23% ÷ 52)^52 - 1

= (1 + 00442)^52 - 1

= 1.00442^52 - 1

= 1.2579618615  - 1

= 25.80%

There are 52 weeks in a year and we considered the same in the above calculation

6 0
3 years ago
Your business partner describes this as a high positive correlation. Is your partner correct? Why or why not? (2 points)
Nina [5.8K]

Answer:

The trend line lies on the points (0,100) and (15,900)

Explanation:

5 0
2 years ago
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Kathy is taking a break from her job so that she can reflect on solving a problem that she is having. Kathy is demonstrating Gro
asambeis [7]

Answer:

The correct answer is: intrapersonal communication.

Explanation:

Intrapersonal communication is the reflective personal communication individuals handle with themselves. This typically happens when individuals must take personal decisions according to their beliefs and values or when deciding solutions for problems that could have a big impact on their lives.

4 0
3 years ago
Rico Petricelli Industries invests $960,000 in plant assets with an estimated 10-year service life and no salvage value. These a
Nesterboy [21]

The payback period for this Rico Petricelli Industries' investment is 6 years.

Data and Calculations:

Cost of investment in plant assets =$960,000

Estimated useful life = 10 years

Estimated salvage value = $0

Annual depreciation = $96,000 ($960,000/10)

Annual net income = $64,000

Annual cash net inflow = $160,000 ($64,000 + $96,000)

Payback period = 6 years ($960,000/$160,000)

Thus, to compute the payback period as 6 years, add the annual depreciation to the annual net income to obtain the annual cash net inflow.  Then divide the cash outlay ($960,000) by the product above.

Learn more: brainly.com/question/17109529

5 0
2 years ago
Fraudulent financial reporting is the only type of fraud that involves making false or misleading entries in the books of the co
Goshia [24]
The correct answer is true
6 0
3 years ago
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