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Setler [38]
3 years ago
6

In 2008, Upper Crust had cash flows from investing activities of −$270,000 and cash flows from financing activities of −$163,000

. The balance in the firm's cash account was $86,000 at the beginning of 2008 and $118,000 at the end of the year. What was Upper Crust's cash flow from operations for 2008?
A- $118,000
B- $465,000
C- $32,000
D- $433,000
Business
1 answer:
Vikentia [17]3 years ago
5 0

Answer:

Cash flows from operating activities = $465,000

so correct option is B- $465,000

Explanation:

given data

investing activities = - $270,000

cash flows = - $163,000

cash account at the beginning = $86,000

cash account at the end of year = $118,000

solution

we get here Cash flows from operating activities that is express as

Cash flows from operating activities = closing cash balance - (cash flows from financing activities + cash flows from investing activities + beginning cash balance)    .....................1

put here value and we get

Cash flows from operating activities = $118,000 - (-$163,000 - $270,000 + $86,000)  

Cash flows from operating activities = $465,000

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In 2000 Amelia was being paid $7,200 per week. The CPI was 0.418 in 2000. In 2020 Amelia found a job paying $35,000 per week. Th
AleksAgata [21]

Answer:

Explanation:

Real wage is defined as the nominal wage divided by the general price level, CPI. It is also the purchasing power of nominal wage.

Nominal wages are the wages received by a worker in the form of money.

Given:

In 2000:

Amelia nominal salary = $7,200 per week. CPI = 0.418

In 2020:

Amelia nominal salary = $35,000 per week

CPI = 2.40

Where CPI is an inflation measure.

Real salary = salary /(1 + inflation rate)

Inflation rate = (CPI2 - CPI1)/CPI1 × 100

Real salary I = salary/CPI

Real salary in 2000 = 7200/0.418

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Nominal salary in 2000 compared to that in 2020,

Finding the difference = $7200 - $35000

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7 0
3 years ago
A firms supply curve is equal to _________________ above the minimum point on the ________________curve. Select the correct answ
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Answer:

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Explanation:

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3 years ago
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Answer:

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2 years ago
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