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Ksenya-84 [330]
3 years ago
15

The cash flows from operating activities are reported by the direct method on the statement of cash flows. Determine the followi

ng: If sales for the current year were $753,500 and accounts receivable decreased by $48,400 during the year, what was the amount of cash received from customers
Business
1 answer:
kow [346]3 years ago
8 0

Answer:

The answer is $801,900

Explanation:

Cash received from customers is a line item under operating activities in the cash flow. It is the total amount of money collected from customers for the period.

Cash received from customers equals sales plus decrease in accounts receivable.

Sales = $753,500

Decrease in accounts receivable = $48,400.

Therefore, Cash received from customers = $753,500 + $48,400

$801,900

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Five years of realized returns for BLM are given in the following table.
Anastasy [175]

Answer:

The correct answer is 6.35%.

Explanation:

According to the scenario, the given data are as follows:

Stock return for 2012 = 6.25%

Stock return for 2013 = 4.25%

Stock return for 2014 = 7.50%

Stock return for 2015 = 10.50%

Stock return for 2016 = 3.25%

Number of years = 5

So, we can calculate the average return by using following formula:

Average return = Sum of all stock return ÷ Number of years

= (6.25% + 4.25% + 7.50% + 10.50% + 3.25%) ÷ 5

= 31.75% ÷ 5

= 6.35%

5 0
3 years ago
Determining Cash Flows from Financing Activities Nichols Inc. reported the following amounts on its balance sheet at the end of
avanturin [10]

Answer:

Explanation:

First of all we will perpare the T-Accounts for the identification of shares issued and dividend paid during the year as follows :

Share Capital And premium Account  

Opening Balance  -105000

Closing Balance  164000

Shares Issued  59000

Retained Earnings      

Opening Balnce                   376750

Net Income During the Year       96100

Closing Balance                     -455490

Dividend Paid Balancing figure       17360

Now We will Draft the inancing section of the statement of cash flows.

<u>Cash flow from investing Activities</u>  

Issuance of shares                                    59000

Dividend Paid                                            -17360

Net cash from finance activity                  41640

5 0
3 years ago
If you are a project manager and have the choice of forming your core team either before or after charter approval, which would
Serggg [28]
First i would wait that my letter be approved and the i would choose my work team
4 0
3 years ago
Third parties suffering from the effects of factory pollution is an example of.....
seraphim [82]
For me i would say the answer is C
I really hope i helped
let me know if it is right!
Have a great day :)
3 0
3 years ago
Read 2 more answers
Which of the following directly influences an employee's voluntary behavior and performance?
astraxan [27]

Answer:

Letter A. Role perceptions.

Explanation:

Role perception is the main factor that impacts an employee's behavior and voluntary performance, as individual perceptions are responsible for determining a person's set of actions and behaviors in a given situation. It is influenced by the set of values, experiences, emotional and social interaction with society.

Therefore, the perception of their role in the organization will directly influence their performance. Ideally, it should be determined with ethical and normative bases that benefit the employee and help in self-motivation and self-accomplishment of the work.

5 0
2 years ago
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