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
Advocard [28]
3 years ago
9

A company had net income of $210600. Depreciation expense is $27000. During the year, Accounts Receivable and Inventory increase

d $16900 and $41700, respectively. Prepaid Expenses and Accounts Payable decreased $5000 and $6200, respectively. There was also a loss on the sale of equipment of $1800. How much cash was provided by operating activities
Business
1 answer:
ANTONII [103]3 years ago
7 0

Answer: The amount of cash provided by operating activities is $179,600.

Explanation:

<u>Statement of cash flows for the company</u>

Net income                                                            $210,600

Add Depreciation expense                                      27,000

Add Loss on sale of equipment                                  1,800

Increase in Accounts receivable                             (16,900)  

Increase in Inventory                                                (41,700)

Decrease in Prepaid expenses                                   5,000

Decrease in Accounts payable                                  (6,200)

Cash flows fron operating activities                   $179,600

You might be interested in
Name the non-partisan organization that has set the rules for U.S. presidential and
Oksi-84 [34.3K]

Answer:

The non-partisan organization that has set the rules for U.S. presidential and  vice presidential debates since 1987 is discussed below in details.

Explanation:

A non-partisan system is an arrangement of administration or organizations such that general and intermittent elections take place without relating to political parties. there are two types of Non-partisan organizations: De facto and De jure.

The commission of presidential debates was organized in the year 1987 to assure that the debates, as a constant part of every general election. The commission of presidential debate advocate and present debates for the United States presidential and vice-presidential candidate.

6 0
3 years ago
When boating on a river, you may encounter strainers. what is the danger of a strainer?
Yuri [45]
When boating on a river, you might encounter these strainers and the danger of these strainers is that they can possibly trap your boats and throw the passengers out of the boat. Strainer is the term that describes anything that obstructs the way in the river such as logs, or wire fence. 
7 0
3 years ago
Read 2 more answers
A researcher wants to find out if adults who watch violent television shows will behave more aggressively. Name the dependent va
densk [106]

The scientists are trying to find if TV causes aggressions. TV is the independent variable and aggression depends on if the adults watch the TV.

4 0
3 years ago
Read 2 more answers
The following bond investment transactions were completed during a recent year by Starks Company: Year 1 Jan. 31 Purchased 75, $
Nadusha1986 [10]

Answer and Explanation:

The Journal entries is shown below:-

Jan 31

Investment in Govt Bonds Dr, $75,000

Interest Receivable Dr, $375  

      To Cash 75,375

(Being cash is recorded)

July 31

Cash Dr $2,250  

      To Interest Receivable $375

       To Interest Income 1,875

($75000 × 6% × 5 ÷ 12)

(Being interest on bond is recorded)

Aug 30

Cash Dr, $34,650

Loss on Sale of Bonds Dr, $700

($35,000 - 980 × $35)                

     To Investment in Govt Bonds $35,000

      To Interest Income $350

(Being loss on sale is recorded)

Dec 31

Interest Receivable Dr,  $1,200  

To Interest Income $1,200

(40 × $1,000 × 6% × 6 ÷ 12)

(Being interest on bonds is recorded)

3 0
3 years ago
Lancaster salesperson Jamie Dafe has begun to branch out into mortgage brokering. She continues to show homes to clients, but ha
SSSSS [86.1K]

Answer:

A) Jamie may not act as a loan broker unless she is properly licensed as one, under the Mortgage Loan Broker Law, set forth under the California Business and Professions Code, Article 7.

Explanation:

The loan application must include information regarding the real estate broker and must be signed by both the borrower and the broker.

Section 10241 (i) of the California Business and Professions Code, Article 7 requires:

<em>"A statement containing the name of the real estate broker negotiating the loan, his or her license number, and the address of his or her licensed place of business."</em>

6 0
3 years ago
Other questions:
  • Sardi Inc. is considering whether to continue to make a component or to buy it from an outside supplier. The company uses 17,000
    15·1 answer
  • At the beginning of its fiscal year, Lakeside Inc. leased office space to LTT Corporation under a eight-year operating lease agr
    15·1 answer
  • Amelia loves to splurge on clothes. However, when she was out shopping the other day, Amelia bought much less than she usually d
    12·1 answer
  • On July 1, Crowe Co. pays $15,000 to Zubin Insurance Co. for a 3-year insurance policy. Both companies have fiscal years ending
    15·1 answer
  • The economy is in long-run equilibrium: Select one:
    5·1 answer
  • What was the main reason for the popularity of The Canterbury Tales in medieval England?
    11·2 answers
  • The following cost data pertain to the operations of Montgomery Department Stores, Inc., for the month of July. Corporate legal
    8·1 answer
  • Operating data for Bramble Corp. are presented below.
    12·1 answer
  • You receive results from the team engagement survey. According to the survey, your team members feel that the feedback they prov
    5·1 answer
  • What amount must be invested today at an interest rate of 5. 5% compounded monthly, if you want to purchase a $550,000 machine 5
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!