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
Andrew [12]
4 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]4 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

You might be interested in
The​ ________ is the optimum budget to managers that plan revenues and expenses at different sales volumes.
ddd [48]

A flexible budget is an optimum budget for managers that plan revenues and expenses at different sales volumes.

<h3>What is flexible budget?</h3>

A flexible budget is one that varies in response to changes in actual revenue or other activities. As a result, the budget is reasonably close to the actual results. This technique differs from the more conventional static budget, which comprises only fixed spending numbers that do not change in response to real revenue levels.

A flexible budget will include budget lines for various amounts. For example, if your monthly widget production is 100, your variable admin costs could be $200. However, if you produce 200 widgets every month, your variable admin costs will rise to $400.

Entrepreneurs can adapt with change thanks to flexible, rolling budgets. This nimble planning process lets you adjust spending throughout the year

To know more about flexible budget follow the link:

brainly.com/question/25353134

#SPJ4

4 0
1 year ago
A local business woman borrows $14,000.00 at $299.70 per month for 62 months, how much total
eduard
If you multiply $299.70x 62- 14,000months you get = 4,581.4 so yeah
4 0
3 years ago
If someone introduces himself using a formal introduction, you should _____.
stich3 [128]

Answer:

Follow his lead and address him formally

Explanation:

If someone addresses you formally, that is because that person expects the conversation to be formal, or because you both are in a formal enviroment, for example, a work meeting. For this reason, the best to do in such situation is to address the other person formally as well.

6 0
3 years ago
American express and discover card are examples of open loop systems. <br> a. True <br> b. False
PtichkaEL [24]
A. True
Btw that's a picture of me.

6 0
3 years ago
Argus Finnian is a calculating, self-centred salesperson. He never engages in relationship marketing. He looks on any sales situ
Korolek [52]

Answer:

c. pre-conventional morality

Explanation:

Preconventional morality is the first stage of moral development according to Kohlberg's model of moral development. It is the stage in which the children decides according to the consequences the actions will bring to them. The consequences which the behavior may is on the primary focus. In the above case, Finnian gives attention to the result before taking any of the steps.

6 0
3 years ago
Other questions:
  • Fleck's standard quantities for 1 unit of product include 2 pounds of materials and 1.5 labor hours. The standard rates are $4 p
    10·1 answer
  • Both buyers and sellers of a good are responsive to changes in the price of the product. An increase in the sales tax on the pro
    10·1 answer
  • Dorothy (an audit manager) has been assigned to the audit of Tandem Electric, Inc. Dorothy is concerned that Joanne, a friend fr
    10·1 answer
  • An increase in the money supply will have the greatest effect on real gross domestic product if
    14·1 answer
  • An employee that never directly communicates to her manager that she is pregnant in hopes that her manager will just assume, but
    9·1 answer
  • Crop-share lease is a kind of land lease, where a specified percentage of the crop is paid to the land owner for use of the land
    9·1 answer
  • A study was performed to examine personal goals of children in grades 4, 5, and 6. a random sample of students was selected in v
    13·1 answer
  • Waterway Industries provided the following information on selected transactions during 2021: Dividends paid to preferred stockho
    10·1 answer
  • The Pines Company, which manufactures office equipment, is ready to introduce a new line of portable copiers. The following copi
    15·1 answer
  • Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!