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2 years ago

Determining Net Cash Flow from Operating Activities

Business

1 answer:

ivolga24 [154]2 years ago

5 0

Answer:

$67,150

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $12,750

Adjustment made:

Add : Depreciation expense $32,600

Add: Decrease in accounts receivable $21,500

Less: Increase in inventory -$18,300

Add: Increase in accounts payable $19,800

Less: Decrease in interest payable -$1,200

Total of Adjustments $54,400

Net Cash flow from Operating activities $67,150

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likoan [24]

No, Cobin should have been stay to see the result of the academic misconduct hearing because he has some facts available in this case.

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2 years ago

OneChicago has just introduced a single-stock futures contract on Brandex stock, a company that currently pays no dividends. Eac

-Dominant- [34]

Answer: 299750

Explanation:

Based on no-arbitrage approach, future price should be equal to spot price compounded by risk-free rate.

Spot price = $110

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3 years ago

Katie Homes and Garden Co. has 14,000,000 shares outstanding. The stock is currently selling at $66 per share. If an unfriendly

Nesterboy [21]

Answer:

a. 2,800,000 shares

b. $49.50

Explanation:

a. Poison is a tactic used by a company threatened with an unwelcome takeover bid to make itself unattractive to the bidder

Shares that the unfriendly outside group must acquire for the poison pill to go into effect is

= 20% of 14,000,000 shares.

= 14,000,000 × 20%

= 2,800,000 shares

b. The new purchase price for the existing stockholders will be

=$66 × (1 - 0.25)

= $49.50

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3 years ago

The supply chain contract that involves full refund for returned items as long as the quantity is below an agreed-upon threshold

Fudgin [204]

Answer:

B. False

Explanation:

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3 years ago

You want to invest in a hot dog stand near the ballpark. The hot dog stand will have $60,000 in fixed cost. Each hot dog costs y

aleksley [76]

Answer:

Break-even quantity is 20,000 hot dog

and,

to make profit of $30,000 , the number of hot dog sold should be 30,000

Explanation:

Given:

Fixed cost = $60,000

Cost of each hot dog = $3.5

Selling cost = $6.5

Now,

let the quantity at breakeven be 'x'

At breakeven point,

Total cost = Total revenue

Thus,

$60,000 + $3.5x = $6.5x

$6.5x - $3.5x = $60,000

$3x = $60,000

x = 20,000

To earn profit of $30,000

Now,

Profit = Revenue - Cost

Let the quantity for $30,000 profit be 'y'

Thus,

$30,000 = $6.5y - ($60,000 + $3.5y)

$30,000 = $6.5y - $3.5y - $60,000

$90,000 = $3y

y = 30,000

Hence,

Break-even quantity is 20,000 hot dog

and,

to make profit of $30,000 , the number of hot dog sold should be 30,000

8 0

2 years ago