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Andrew [12]
3 years ago
6

Earned net income of $ 72,000 after deducting depreciation of $4,000 and all other expenses. Current assets decreased by $3,000​

, and current liabilities increased by $8,000. How much was The Watch Shop's cash provided by operating activities​ (indirect method)?
Business
1 answer:
geniusboy [140]3 years ago
3 0

Answer:

$87,000

Explanation:

The computation of the cash provided by operating activities​ (indirect method) is given below:

Cash flow from Operating activities

Net income $72,000

Add: Depreciation expense $4,000

Add: Current assets decreased $3,000

Add: Current liabilities increased $8,000

Net Cash flow provided by operating activities $87,000

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Answer:

The Oklahoma City Zoo

A. What is the B/C ratio?

The B/C ratio is the benefit/cost ratio.

B. What is the B-C?

The benefits = $63,000 (90,000 x $0.70)  in the first year

Additional visits = 27,500 x 9 = 247,500

Additional benefits = $173,250 (247,500 x $0.70)

Total benefits = $236,250

The costs =

Initial cost = $305,000

Upkeep, etc = $800,000 ($80,000 x 10 years)

Less salvage value = $63,000

Interest cost = $213,500 (7% of $305,000 x 10 years)

Total costs = $1,255,500

B/C ratio = $236,250/1,255,500 x 100 = 19% approx.

Explanation:

The B/C or Benefit/Cost Ratio is a financial measure that compares the benefits of a project with the costs associated with the project.  It attempts to show how the benefits will outweigh the costs.

The benefits that will accrue from the project when compared to the costs will be 19%.  This implies that less benefit will be derived from the project.

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Categorize the statements according to whether they promote economic growth or inhibit economic growth. Promote economic growth
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Answer:

Categorization of Statements

Promotion of Economic Growth:

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- the enforcement of trademarks

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- the use of competitive markets to allocate goods and services

Inhibition of Economic Growth:

- the creation of a price floor on sugar

- the development of regulations that make creating small businesses difficult

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Explanation:

Economic growth can be increased by the reduction of the borrowing costs and interest rates and encouraging consumer spending and business investments.

The factors that inhibit economic growth also create market inefficiencies. They include lack of basic infrastructure, healthcare, and education, capital flight and economic uncertainties, ageing population, political instability, and rampant corruption.

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Answer:

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x= number of vehicles

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