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anastassius [24]
3 years ago
15

Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net in

come $ 86,300 Depreciation expense 13,000 Gain on sale of land 7,300 Increase in merchandise inventory 3,050 Increase in accounts payable 7,150
Business
1 answer:
a_sh-v [17]3 years ago
6 0

Answer:

The correct answer is Net cash= 96.100,00

Explanation:

Depreciation expenses must be added back to net income.

Also,  Increase in accounts payable is added to net income

Gain on sale of land and Increase in merchandise inventory are subtracted from net income

So,

Indirect Method

Net income                       86.300,00

Depreciation expense       13.000,00

Increase in accounts payable   7.150,00

Gain on sale of land       (7.300,00)

Increase in merchandise inventory (3.050,00)

   

Net cash  96.100,00

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Bachmann Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the f
DaniilM [7]

Answer:

Time needed to complete the 4th unit = 57.80 hours

Explanation:

<u><em>The learning curve theory</em></u><em> states that as the cumulative output doubles the cumulative average time taken till date is reduced to a certain percentage of the previous time. This percentage is called learning rate</em>

Total time = Average time × cumulative number of units

The cumulative average time is determined using the formula below:

Y= aX^b

a - time taken for the first unit produced

b = log LR/Log 2

X- cumulative units till date

Y - cumulative average time taken for X units

LR- Learning rate

LR = 68/80 = 0.85 = 85%

<em>Time needed to complete the 4th unit</em>

= Learning rate × time take for the 2 unit

= 85% × 68

= 57.80 hours

Time needed to complete the 4th unit = 57.80 hours

8 0
2 years ago
Which interest-bearing account is best for people who won't need access to their money for several months or longer?
Alecsey [184]
The answer is A. 
CD(<span>Certificate of Deposit)</span> is similar to a saving account, but it has additional perks. There is a minimum amount of money you have to deposit and you have to deposit that money for a certain amount of time (term). CDs have better interest rate than savings accounts, but if you withdraw your money before the term you pay penalties.
This makes them a good option for people have some extra money that they won't need in a near future.
3 0
3 years ago
An advertisement that informs people what a company is, what it can do, and where it is located is referred to as a(n competitiv
STatiana [176]
A competitive institutional advertising is a marketing strategy wherein a company describes itself and where is it located. It is an effective means of advertising because it creates a good image and has its unique philosophy that causes significant attraction to the consumers. 
4 0
3 years ago
In response to threats from such companies as Amazon, established manufacturers and retailers became "brick-and-click" oriented
docker41 [41]

Answer:

Re-intermediation

Explanation:

Re-intermediation is the method applied by most businesses in using the internet to bring together new customers for a business. The advent of technology can afford business owners the possibility of eliminating physical intermediaries in a business. For example, house agents help people who are seeking for new places to live in, find houses easily. Through the internet, however, landlords can directly advertise their vacant houses, thus eliminating the agent relationship which would have served as an intermediary.

So, when established manufacturers by-pass Amazon (which is an intermediary between buyers and sellers) by adding online services to their existing offerings, they have done a re-intermediation.

6 0
3 years ago
Investment X offers to pay you $6,900 per year for 9 years, whereas Investment Y offers to pay you $9,300 per year for 5 years.
Oliga [24]

Answer:

$44,955.10

$38,131.84

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Investment X

Cash flow each year from year 1 to 9 = $6900

I = 7%

PV = $44,955.10

Investment Y

Cash flow each year from year 1 to 5 = $9300

I = 7%

PV = $38,131.84

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

7 0
3 years ago
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