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
jenyasd209 [6]
3 years ago
5

Lense Laboratories' net income was $260,000. Given the account information below, what is the net cash flows from operating acti

vities for Lense Laboratories?
Business
1 answer:
Feliz [49]3 years ago
8 0

Answer:

The question is incomplete, below is the completed question:

Lense Laboratories' net income was $250,000. Given the account information below, what is the net operating cash flows for Lense Laboratories?

Increase In Accounts Receivable...$60,000

Increase In Salaries Payable...$50,000

Decrease In Inventory...$30,000

Depreciation Expense...$45,000

Increase In Prepaid Insurance...$3,000

a. $152,000.

b. $278,000.

c. $312,000.

d. $438,000.

The correct answer is:

$312,000 (c.)

Explanation:

operating cash flow is the number of cash generated by a business' regular operating activities within a specific time period.

The formula for net operating cash flow is as follows:

Operating cash flow = Net income + Non-cash expenses - increase in working capital

Net income = $250,000

Non-cash expenses = increase in salary payable + decrease in inventory + depreciation in expenses

Non-cash expenses = 50,000 + 30,000 + 45,000 = $125,000

increase in working capital = increase in accounts receivable + increase in prepaid insurance

increase in working capital = 60,000 + 3,000

increase in working capital = $63,000

∴ Operating cash flow = 250,000 + 125,000 - 63,000 = $312,000

Cash flow from activities = $312,000

You might be interested in
​Analysts who follow Howe Industries recently noted that, relative to the previous year, the company's net cash provided from op
tamaranim1 [39]

Answer:

Option B ​The company made large investments in fixed assets.

Explanation:

The reason is that the reaminder of the options talk about the increase of the cash not a decrease in cash amount. If the company cuts dividend then it is retaining cash, if the company is raising finance then it is increasing cash or if the company is selling its division or assets then it is raising cash.

These things constitutes to increase in cash flow.

The decrease is cash occurs when the company invests (cash outflow). So the company is making cash outflows which means cash level will decrease.

4 0
2 years ago
On December 31, 2017, Jerome Company has an accounts receivable balance of $316,000 before any year-end adjustments.
katovenus [111]

Answer:

The Allowance for Uncollectible Accounts at December 31, 2017 is $10,430

Explanation:

In order to calculate the Allowance for Uncollectible Accounts at December 31, 2017 we would have to make the following calculation:

Allowance for Uncollectible Accounts at December 31, 2017=Estimated Allowance 1-30 days+Estimated Allowance 31-60 days+Estimated Allowance 61-90 days+Estimated Allowance over 90 days

Estimated Allowance 1-30 days=Balance*% Uncollectible

Estimated Allowance 1-30 days=$152,000*1%=$1,520

Estimated Allowance 31-60 days=$87,000*2%=$1,740

Estimated Allowance 61-90 days=$50,000*3%=$1,500

Estimated Allowance over 90 days=$27,000*21%=$5,670

Allowance for Uncollectible Accounts at December 31, 2017=$1,520+$1,740+$1,500+$5,670

Allowance for Uncollectible Accounts at December 31, 2017=$10,430

5 0
3 years ago
Creating a chant that rhymes to remember information is a memorization technique.
jolli1 [7]

Answer:

OT

Explanation:

BECAUSE I AM SMART AND BECAUSE I TOOK THAT SAME CLASS

6 0
2 years ago
What would a central bank need to do to reverse the effects of a favorable supply shock on inflation? what would its reaction do
denis-greek [22]

A favorable supply shock is a sudden increase in supply that makes the short-run aggregate supply curve (SRAS) shift to the right, average price levels go down and real GDP also shifts to the right. In this case, average price levels go down as shown in the figure below from p1 to p2 SRAS shifts right.

This may make create deflation in an economy and discourage new producers to enter the market, to bring back inflation, the central bank may reduce interest rates and decrease the money supply in the market, and in short, will follow expansionary monetary policy. This will make people demand more and hence as aggregate demand shifts to correct average price levels may again go up. This move will create new jobs in the market as aggregate demand will increase in the short term.

A supply shock is an event that causes unexpected cost increases or production disruptions. This shifts the short-run aggregate supply curve to the left, boosting inflation and lowering real domestic production.

Learn more about supply shock at

brainly.com/question/9270152

#SPJ4

6 0
1 year ago
Jose, a bank officer, takes the time to fully explain to an applicant why he is being turned down for a loan and does his best t
sineoko [7]

Answer:

Interactional Justice

Explanation:

Interactional Justice is an organizational behavior that deals with how respectfully and dignified people affected by a decision are treated.

As a management or leadership, interactional justice is important as it shows how well managers/leaders can execute their decisions and use their authority with employees/subordinates while being fair, polite and open to them.

Interactional Justice can simply be said to be the fairness and openness with which decisions are made known to the affected individuals.

Cheers.

4 0
3 years ago
Read 2 more answers
Other questions:
  • A _____ is a price reduction offered to a consumer, an industrial user, or a marketing intermediary in return for prompt payment
    12·1 answer
  • In 1985, you received a
    11·1 answer
  • In a single sentence, contrast microeconomics and macroeconomics. Next, categorize each of the following issues as a microeconom
    12·1 answer
  • The _____ of a police officer would state that the purpose of the job is to protect citizens, patrol highways, provide safe and
    11·1 answer
  • The Tolar Corporation has 400 obsolete desk calculators that are carried in inventory at a total cost of $576,000. If these calc
    13·1 answer
  • If you find yourself part of a team at work , what is the best way to behave during a team meeting ?
    6·2 answers
  • A nation's ability to produce a product more efficiently than another country is referred to as
    6·2 answers
  • 4. What is the difference between a goal and a strategy as
    7·1 answer
  • Sandra wants to deposit $100 each year for her son. if she places it in an investment account that averages a 5% annual return,
    10·1 answer
  • The annual global growth rate of the human population peaked in the ________ and has been declining ever since.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!