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stellarik [79]
3 years ago
5

Sauder Corporation reports the following information: Net income $380,000 Depreciation expense 70,000 Increase in accounts recei

vable 30,000 Sauder should report cash provided by operating activities of A. $340,000. B. $280,000. C. $420,000. D. $480,000.
Business
2 answers:
Flauer [41]3 years ago
8 0

Answer: D. $480,000.

Explanation: OCF ( operating cash flow) is usually calculated using the following formula: Operating Cash Flows = Net income + Noncash Expenses ( Depreciation Expense) + Changes in Working Capital.

Net income =$380,000

Depreciation = $70,000

Increase in accounts = $30,000

OCF = $380,000 + $70,000 + $30,000

= $480,000

kodGreya [7K]3 years ago
5 0

Answer:

Cashflow statement gives the true state of affairs of a business with respect to cash and cash equivalent. Whereas a company may report good profit, it may be running an unhealthy business because of its poor management of cash resources. As a result, such a business may run into troubles.

Cash from operating Activities is a healthy way of evaluating the core operations of the business, to make good investment judgment around the profit reported.

Net Income = $380,000

Add Depreciation (non- cash expense) = $70,000

Deduct Increase in Accounts receivables (non-cash income) = $30,000

Cash from operations = $420,000.

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IRISSAK [1]

Answer: Derivative security

Explanation:

Derivative security is referred to as the security that provides a payoff which depends on the values of other assets.

A derivative security is referred to as the financial instrument whereby the value depends on the value of another asset. There are different types of derivatives such as options, swaps, futures, and forwards. Example of derivative security is convertible bond.

6 0
3 years ago
Which statement is true of passive radio frequency identification (RFID) tags?
Mumz [18]

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8 0
3 years ago
Jack has 3 months more experience than jill, but jill's aptitude score is 20 points higher than jack's. who is expected to be mo
ddd [48]
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3 0
3 years ago
1. The risk free rate of return is often measured by the return on US Treasury Bills. True or False?
ivanzaharov [21]
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5 0
3 years ago
Selected financial data regarding current assets and current liabilities for ACME Corporation and Wayne Enterprises, are as foll
gavmur [86]

Answer:

1-a. ACME corporation is 1.26

Wayne corporation is 1.09

1-b. ACME corporation

Explanation:

                                     ACME ($ in millions)               Wayne ($ in millions)

Total current assets          $ 12,987                                 $ 8,258

Total current liabilities      $ 10,301                                  $ 7,545

1-a) Formula for calculating current ratio: Current ratio = Current assets ÷ Current liabilities

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1-b. The higher the current ratio, the better the liquidity position. ACME corporation has the better ratio.

5 0
3 years ago
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