1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Papessa [141]
3 years ago
11

During the year, Next Tec Corp. had the following cash flows: receipt from customers, $12,000; receipt from the bank for long-te

rm borrowing, $7,500; payment to suppliers, $5,400; payment of dividends; $1,500, payment to workers, $2,600; and payment for machinery, $11,500. What amount would be reported for net financing cash flows in the statement of cash flows
Business
1 answer:
Amiraneli [1.4K]3 years ago
8 0

Answer: $6000

Explanation:

Financing activities are all activities that a corporation undertakes to affect the company's long-term liabilities or equity.

You list the following activities

  • receipts from customers
  • receipt from bank for long-term borrowing
  • payment to suppliers
  • payment of dividends
  • payment to workers
  • payment for machinery

Any receipts to customers or payments to suppliers are short-term reimbursements for labor or purchase of product, and as such are not included in the financing activity cash flows. Your payments for machinery are not financing activities either as machinery is not considered a liability, rather, it is an asset for the company.

However, your receipt from the bank for long-term borrowing and payments of dividends affect both long-term liabilities and equity, and those are reflected on the financing cash flows as such

Receipts from the bank for long-term borrowing - $7500

Payment of dividends                                             - ($1500)

Net cash flows from financing activities                - $6000

You might be interested in
The Electronic Signatures in Global and National Commerce Act makes digital signatures as valid as non-digital pen-and-ink signa
uranmaximum [27]

Answer:

Here is the question with option

The Electronic Signatures in Global and National Commerce Act makes digital signatures as valid as non-digital pen-and-ink signatures.  This act created a demand for software and hardware that would collect, transmit, and receive digital signatures.  This example indicates how __________ forces can work together in the marketing environment.

a.technological and regulatory

b.technological and competitive  

c.social and competitive

d.social and economic

e.regulatory and economic

The answer is A. Technological and Regulatory

Explanation

A marketing environment refers to all internal and external factors that is capable of affecting the company’s ability to establish a relationship and serve its customers.

The component of market environment includes:  Internal environment  and the external environment.

One of the external environment component is the technological environment  which constitute research and development in technology, innovation that is capable of influencing the firms relationship with its customers.

The regulatory forces  are agencies which influence or limit the working of the business in the society. ( In this case The Electronic signatures in Global and National commerce Act )

The Electronic signatures in Global and National commerce Act making digital signature as valid as non - digital pen and ink signature is an example of technological  innovation that is backed up by the regulatory forces.

Hence the answer to this question is A. Technological and Regulatory

7 0
3 years ago
Defining the communications objectives to be accomplished and then, estimating the costs associated with the performance of the
ra1l [238]

Answer: E. objective and task

Explanation: This is simply the objective and task method of budgeting which uses a build-up approach and defines clearly the communication objectives to be accomplished (isolating advertising objectives) and the estimation of the associated costs of the performance of the required strategies and activities to achieve the communication objectives. This method of budgeting, however, is most difficult to use when the product to be promoted is new to the market.

6 0
3 years ago
The answer for number 1, and 2 please
crimeas [40]

Answer:

where's the picture I cant find it

8 0
3 years ago
Read 2 more answers
Which of the following is NOT a step in the strategic planning process?A) defining the company missionB) setting company objecti
Colt1911 [192]

Answer:

Which of the following is NOT a step in the strategic planning process?

E) evaluating all members of the value chain

Explanation:

Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy. It may also extend to control mechanisms for guiding the implementation of the strategy

4 0
3 years ago
Blue Spruce University sells 6,800 season basketball tickets at $45 each for its 10-game home schedule. Prepare a tabular summar
JulsSmile [24]

Answer: Blue spruce university Basketball games

Explanation: The Sale of Season tickets = $45 *10= $450

while the total revenue accrued after the first game=6800*450=$3,060,000

4 0
3 years ago
Other questions:
  • Marcie conducted a study of the cost of breakfast cereal. She recorded the costs of several boxes of cereal. However, she neglec
    8·1 answer
  • Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
    12·1 answer
  • The following lots of Commodity D were available for sale during the year. Use this information to answer the questions that fol
    9·1 answer
  • Bond valuationThe process of bond valuation is based on the fundamental concept that the current price of a security can be dete
    11·1 answer
  • Pina Corporation factors $268,100 of accounts receivable with Kathleen Battle Financing, Inc. on a with recourse basis. Kathleen
    11·1 answer
  • Ivanhoe Choice sells natural supplements to customers with an unconditional sales return if they are not satisfied. The sales re
    13·1 answer
  • Please help this is for economics
    11·1 answer
  • UNIT 3 MACROECONOMICS POS... Question 5 V Pause Q ABC Question 5
    10·1 answer
  • As a high school student, which of the three error types would you be most concerned about? Why?
    10·1 answer
  • Many developed countries have deindustrialized and are transitioning to a postindustrial economy. A. Identify and describe the e
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!