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elena-s [515]
3 years ago
8

Rick Corporation’s Accounts Receivable decreased by $25,000 during the year. What is the adjustment to the cash flow statement w

hen it’s prepared by the indirect method?
Business
1 answer:
viva [34]3 years ago
7 0

The correct answer is "Add the decrease to the net income in operating activities."

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Answer:

A. 5,000 boxes per order

B. 3.6 orders per yr

Explanation:

See attached file

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On January 1, Year 2, Kincaid Company's Accounts Receivable and the Allowance for Doubtful Accounts carried balances of $31,000
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If a firm borrows ​$8 comma 000 from households at an annual interest rate of 6 ​percent, how much will the firm pay in interest
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The firm will pay 480 dollars each year as interest payment.

Explanation:

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2 years ago
Dr. Lum teaches part-time at two different community colleges, Hilltop College and Serra College. Dr. Lum can teach up to 5 clas
Scrat [10]

Answer:

2 classes at Hilltop, 3 classes at Serra; and $20,600

Explanation:

We can generate two equations from the problem

Equation 1: Dr. Lum can teach up to 5 classes per semester at both colleges. If 'h' represents the number of classes taken at Hilltop College, and 's', the number of classes taken at Serra College,

<em>Equation 1 becomes: h + s = 5</em>

<em></em>

Equation 2: Dr. Lum spends 3 hours per week preparing for Hilltop classes, and 4 hours for Serra classes, subject to a maximum of 18 hours per week.

<em>Equation 2 becomes: 3h + 4s = 18</em>

Now solving using substitution method,

We can derive an equation 3 from equation 1, as follows.

<em>Equation 3: h = 5 - s.</em>

Substituting equation 3 into equation 2, equation 2 becomes

3(5 - s) + 4s = 18

= 15 - 3s + 4s = 18

= 15 + s = 18

= s = 3.

With s = 3, using equation 3, h = 5 - 3 = 2.

Therefore, Dr. Lum should teach 2 classes at Hilltop, and 3 classes at Serra.

His income will be

$4,000 (2) + $4,200 (3)

= $20,600.

3 0
3 years ago
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