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
MatroZZZ [7]
3 years ago
13

Statement of cash flows

Business
1 answer:
likoan [24]3 years ago
4 0

Answer:

a.

Palmetto Statement of Cashflows      

<u>For the Year Ended December 31, 2013 </u>    

   

Cashflow from Operating Activities    

Net Cashflow from Operaing Activities     $15,600

   

Cashflow from Investing Activities    

Net Cashflow from Investing Activities     ($23,000)

   

Cashflow from Financing Activities    

Net Cashflow from Financing Activities     ($4,500)

   

Net Increase (Decrease)    <u>($11,900)</u>

   

Add: Beginning of Period Cash balance    $32,000

   

Ending Cash Balance    <u>$20,100</u>

b. Operating Cash flow relates to the normal business operations of the business. A Net Cash Inflow from this therefore means that the business made a profit from its normal operations of selling fast food during 2013.

c. Investing Activities relate to transaction involving Fixed Assets as well as the stocks and bonds of other companies. The Net Cash flow was probably caused by Palmetto buying more Fixed Assets than they disposed of in the year 2013.

d. Financing activities relate to how the business is financed in terms of Equity and debt. The payments of Dividends therefore fall under here as they relate to Equity. A net cash outflow here therefore probably means that Palmetto paid out dividends to shareholders. They might have also repaid some loans but judging by how small the outflow is, the loans were either small or it was only dividends that were paid out.

You might be interested in
Reinhardt Furniture Company has 40,000 shares of cumulative preferred 2% stock, $150 par and 100,000 shares of $5 par common sto
OverLord2011 [107]

Answer:

20

Explanation:

ok boomer

6 0
3 years ago
Of the automobiles produced at a particular plant, 40% had a certain defect. suppose a company purchases five of these cars. wha
Stells [14]

The expected value for the number of cars with defects can be obtained by multiplying the probability of success (i.e. the percentage of products with defects - 40%) by the number of cases (i.e. the number of cars purchased – 5).

 

40 / 100 X 5 = 2

 

Therefore, the expected value for the number of cars with defects will be the percentage of products with defects is 2

6 0
3 years ago
How will a new law mandating an increase in required levels of automobile insurance affect the equilibrium price and equilibrium
Degger [83]

Equilibrium price will fall; equilibrium quantity will fall.

What does Equilibrium price mean?

An Equilibrium price, also known as a market-clearing price, is the consumer cost assigned to some product or service such that supply and demand are equal, or close to equal.

The manufacturer or vendor can sell all the units they want to move and the customer can access all the units they want to buy.

What is Equilibrium quantity?

Equilibrium quantity is when there is no shortage or surplus of a product in the market.

Supply and demand intersect, meaning the amount of an item that consumers want to buy is equal to the amount being supplied by its producers.

Learn more about Equilibrium price and quantity here:

brainly.com/question/28182532

#SPJ4

4 0
1 year ago
Reasons why in business,staff are restricted to communicate with press?​
Evgen [1.6K]

Answer:

Limited communication media can force employees to deliver messages using ineffective methods. Inappropriate upward communication tools can create confusion

Explanation:

4 0
3 years ago
28. Considered alone, which of the following would increasea company’s current ratio?
natka813 [3]

Answer:

d.An increase in accounts receivable.

Explanation:

The current ratio is one of the liquidity ratios. It measures the company's ability to meet its current liabilities. The higher the ratio, the more financially healthy a company is.  The calculation of the current ratio is by dividing current assets by current liabilities.  

Current assets include inventory,  cash and cash equivalents, accounts receivable, and prepaid expenses .  Examples of current liabilities include accounts payable, accrued liabilities like dividend, and payroll,  Short-term debt, and  the current portion of long-term debt.

An increase in current liabilities increases the current ration. The bigger the numerator is over the denominator, the better the current ratio.

7 0
3 years ago
Other questions:
  • Marci Luner is going over the finances of her clothing boutique firm. If her firm has a net income of​ $131,000 and net sales of
    15·1 answer
  • Match each of the definitions that follow with the term it defines.
    10·1 answer
  • Sherri's Tan-O-Rama is a local tanning salon. The following information reflects its number of appointments and total costs for
    10·1 answer
  • In a recent meeting at​ work, Nick was asked to deliver the sales projections for the next month. Wanting to leave some room for
    15·1 answer
  • On June 30, 20X5, Mill Corp. incurred a $100,000 net loss from disposal of a business segment. Also, on June 30, 20X5, Mill paid
    10·1 answer
  • 18. The creation of a quota on Canadian softwood lumber sold in the U.S. may affect prices and quantities of Canadian softwood l
    10·1 answer
  • Splish Brothers Inc. accepted a national credit card for a $11200 purchase. The cost of the goods sold is $7200. The credit card
    6·1 answer
  • When coffee Is traded between countries it is called a________.
    12·1 answer
  • A whole supermarket shelf of snack food bags is marked, "Frito-Lay." This is an example of a(n)
    14·1 answer
  • Xunder the original constitution, congress could not ban the slave trade until ________.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!