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balandron [24]
3 years ago
12

Net income for the year was $45,500. accounts receivable increased $5,500, and account payable increased by $11,200. under the i

ndirect method, the cash flow from operations is
Business
1 answer:
krek1111 [17]3 years ago
6 0
The cash flow from operations is $51,200 ($45,500-$5,500+$11,200) under the indirect method. The indirect method is one of two methods which used for calculating the cash flow from operation amount. This method aims to eliminate the effect of accrual from company's net income in order to find cash basis income<span>.</span>
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Bank loans from the Federal Reserve are called ________ and represent a ________ of funds for the bank.
marishachu [46]

Answer:

B) discount loans; source

Explanation:

The central bank has a role in acting as the lender of last resort. Commercials banks and other institutions will turn to the Fed if they cannot borrow funds from any other sources. The central bank, through the Fed, uses the discount window facility to lend to commercial banks.

The loans that the fed advances to commercial banks are called the discount loans.  Discounts loans are short term in nature and are used to meet liquidity shortfalls. The interest rate that the Fed charge for discount window loans is the discount rate. Banks prefer to borrow from other banks because it is cheaper. If a bank cannot get funds from other banks, the discount loans serve a source of funds to the bank.

7 0
3 years ago
While on vacation, Kyle Kingston, the president and chief executive officer of Remstat, Inc., is called by the CEO of Viokam Cor
Damm [24]

Answer: A. Kingston may be held liable to Remstat because he usurped a corporate opportunity.

Explanation:

Based on the information given in the question, the correct option is that Kingston may be held liable to Remstat because he usurped a corporate opportunity.

Usurpation of a corporate opportunity is typically regarded as a form of breach of duty and it arises when a worker in a particular company uses the information that he has for his own personal gain.

In this case, Kingston is the 100 percent shareholder of KKIM and uses the information that he has regarding the sabres to his benefit.

Therefore, the correct option is A.

6 0
3 years ago
Assuming there are only two types of outputs in a country: consumer goods and nuclear missiles. All else being constant, as the
kotykmax [81]

Answer:

C. every additional missile will reduce consumer goods production more and more.

Explanation:

As more missiles are being produced, there would be less resources available to produce consumer goods. So, the production of consumer goods would reduce.

The production possibility frontier explains this concept

The Production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  

As more quantities of a product is produced, the fewer resources it has available to produce another good. As a result, less of the other product would be produced. So, the opportunity cost of producing a good increase as more and more of that good is produced.

8 0
3 years ago
"at the clearing house, bank x has $300 in checks drawn on bank y and bank y has $200 in checks drawn on bank x. how does the cl
Gre4nikov [31]
The clearing house settle the accounts by hiring an accountant to do the work.
8 0
3 years ago
What are the four types of consumer goods?
kakasveta [241]
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6 0
3 years ago
Read 2 more answers
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