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Bond [772]
3 years ago
7

W.C. Cycling had $55,000 in cash at year-end 2013 and $25,000 in cash at year-end 2014. The firm invested in property, plant, an

d equipment totaling $250,000. Cash flow from financing activities totaled +$170,000.1. What was the cash flow from operating activities?2. If accruals increased by $25,000, receivables and inventories increased by $100,000, and depreciation and amortization totaled $10,000, what was the firm’s net income?
Business
1 answer:
Vera_Pavlovna [14]3 years ago
7 0

Answer:

This question requires us to calculate cash flows from operations and net income. Each of them is calculated as follow.

Cash flows from operations

Cash flow from operation comprises of cash generated or spend on core business related purchase and sale. It will be calculated as follow.

Cash from operations = 25,000 - 100,000 =($ 75,000).

Net income

Net income will be calculated using simple cashflow equation given below.

Closing cash balance = opening cashflow + net income + depreciation + cash flow from operations + cash flow investment + cash flow finance

25,000 = 55,000 + net income + 10,000 - 75,000 - 250,000 + 170,000

Net income = 115,000

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Discuss the rationale of organizing an industrial strike in resolving employee dispute with the state, focusing on the detriment
Charra [1.4K]

Answer: The answer is provided below.

Explanation:

Strike is a refusal to work organized by body of employees as a way of protesting typically in an attempt to gain concessions from their employer.

Causes of strike include demand for leave with pay, pay increase,health hazards in the workplace, inadequate working tools, excessive working hours; low wages, discrimination, and aggressive behaviour of the managers towards employees.

Eben though there are potential benefits from strikes, like improved labor productivity, better work morale, or lower absenteeism, strike action brings about economic costs which can be high, depending on the duration, number of workers involved and also the divisions affected.

Strikes results in negative impacts on the employees, the employers, their stakeholders, consumers, the government, and the economy.

Furthermore, it also affects the international trade as it can hinder the economic development of a country and create great economic uncertainty especially when the global media continues to share details, videos and images of violence, damage to property and clashes between strikers and security.

5 0
3 years ago
Ocean sediment cores provide a climate record for the past ________ years.
MrMuchimi

Ocean sediment core provides a climate record of the past 70 million years.

1880 is the reliable global record which we can say the climate began. Proxies(climate) helps the scientists to determine the climatic patterns even before starting record-keeping.

Some examples of proxies are sub-fossil pollen, lake and ocean sediments, tree rings, and ice cores. Climatic of the time influenced the growth rate of proxies material. It is from proxies where we can recover quantities of particular isotopes from climatic changes.

The combination of proxies can produce temperature reconstruction which is longer the instrumental temperature.

5 0
3 years ago
Read 2 more answers
Bradford company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. the company actually used 4,5
Ivahew [28]
Budgeted direct materials quantity
4000 pounds

Actual direct materials quantity
4500 pounds

Direct materials quantity variance
4500-4000=500 pounds ( underapplied)
5 0
3 years ago
George studies in a private institution. Because he comes from a low-income family, his parents use educational certificates pro
zimovet [89]

Answer: d. SCHOOL VOUCHER

Explanation:

SCHOOL VOUCHER

A School voucher, which is also known as an education voucher is a certificate of funding given by the government for a student studying at a school of their parent's choice. It is usually valid for a term or semester and may even be used to pay for home schooling expenses.

A 2006 survey of members of American Economic Association showed that over two thirds of economists believe that giving the vouchers to parents with low incomes can make a great impact.

8 0
3 years ago
Aqua Corporation purchases nonresidential real property on May 8, 2016, for $1,000,000. Straight-line cost recovery is taken in
Tems11 [23]

Answer:

Explanation:

Sale Value                                                                               1500000

less:Adjusted basis (1000000-89765)                                    910235

a)Gain recognized                                                                     589765

b) in case of sale of real property,cooperates are subject to section 291 to recapture.According to section 291,cooperates taxpayers to recaptures 20% of the lessor of the gain recognized or accumulated depreciation taken.

The recaptured gain is taxed as ordinary gain.

The remaining gain is taxed as section 1231 gain.

Section 1231 Gain           (589765-17953)             571812

Section 1250 recapture due to section 291  (89765×20%)  17953

3 0
4 years ago
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