Answer:
Net cash flow from operating activities = $62,200
Explanation:
EZ Company
Statement of Cash Flow
Particulars Amount ($)
Net Income 50,000
Net cash flow from operating activities:
Depreciation expense 7,000
Amortization of patent 500
Amortization of premium on bonds 1,000
Decrease in accounts receivable 2,000
Increase in inventory (1,500)
Decrease in salaries payable (800)
Increase in accounts payable <u> 4,000</u>
Net cash used or provided <u> 12,200</u>
Net cash flow from operating activities =$62,200
Cash dividend is a financing activities, that is why it is not added or deducted in the operating activities.
Answer:
$875,100
Explanation:
The values given in the question are as follows
Purchase price of land= $820,000
Title insurance= $1,200
Property taxes= $10,400
Amont of tax due for the current fiscal year= $3,200
Back taxes= $7,200
Cost of removing the building= $41,000
Salvaged materials= $5,600
Amount used to level the land= $11,300
The cost of land for McCoy's fish house can be calculated as follows
Total cost of land= Puchase price of land+Title insurance+Back property taxes+Cost of removing the building+Level the land-Salvage materials
$820,000+$1,200+$7,200+$41,000+$11,300-$5,600
= $875,100
Hence the total amount McCoy fish house should record as the cost of land is $875,100
Answer:
Labor union
Explanation:
The labor union is the individual group that works together to accomplish the company goals or the shared job goals in terms of high pay, less working hours, high benefits, better working conditions
So the given situation represent the labor union
Hence, the same is to be considered and relevent too
The fact that they will check hbefore making large purchases. is B. comparison shopping.
<h3>What is comparison shopping?</h3>
It should be noted that comparison shopping simply means choosing among the available suppliers to determine the best one.
In this case, the company is using the information to choose the best option.
Learn more about shopping on:
brainly.com/question/10310281
#SPJ1
The amount paid for the discount points is $2,700
What do 3 points on the loan mean?
The 3 points mean that the borrower needs to pay 3% of the loan amount in order to enjoy a lower interest on the mortgage loan, in other words, the amount paid for the discount points is 3% of the loan amount of $90,000
amount paid for the discount=points*loan amount
loan amount=$90,000(not $120,000 which is the property purchase price)
amount paid for the discount=3%*$90,000
amount paid for the discount=$2,700
Find out more about discount points on://brainly.com/question/26040338
#SPJ1
