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
Whitepunk [10]
3 years ago
11

Bailey Hill Co. uses the indirect method to determine its net cash flows from operating activities. During the course of the yea

r, the company's Accounts Receivable increased by $28,000 and its Accounts Payable decreased by $14,000. If these are the only two adjustments required to convert net income to net cash provided by operating activities, the combined effect will be a(n):
Business
1 answer:
bazaltina [42]3 years ago
4 0

Answer: d. subtraction of $42,000.

Explanation:

An increase in Current Assets such as Accounts Receivable is considered to be a cash outflow because it means that more assets were not converted to actual cash.

A decrease in Current Liabilities is a cash outflow as well as it means that the company used cash to pay off these liabilities thereby reducing the cash balance.

Combined Effect is therefore = -28,000 - 14,000

= -$42,000

You might be interested in
Analyst 1 suggested that the demand curve for newspapers in Baltimore might have shifted to the right because people were becomi
krek1111 [17]

Answer:

A shift to the right of the demand curve can be caused by any factor other than price that increases the willingless of consumers to purchase a product of service (in this case newspapers).

Two other events can result in a shift to the right of the demand curve for newspapers:

  • Local elections are held in Baltimore - when local elections are held, people become more interested in following local news in order to decide their vote, therefore, they are willing to purchase more newspapers.
  • A dramatic event occurs in Baltimore - it could be a natural disaster, a massacre, or an economic crisis, if things become too far from normal, people will want to learn about what is happening, and will look out for information in newspapers.

8 0
3 years ago
Indicate whether the following statements are positive or normative. a. Raising interest rates encourages people to save: b. The
denpristay [2]

a. Raising interest rates encourages people to save: positive statement

b. The government ought to be more concerned with reducing unemployment: normative statement

c. The government should raise the tax on tobacco to discourage people from smoking: normative statement

d. The government should limit immigration: normative statement

e. Increasing gasoline taxes results in less disposable income: normative statement

f. The government should raise gasoline taxes and fix bridges: normative statement

<h3>What are normative and positive statements?</h3>

Normative statements come from a viewpoint or an opinion. As a result, the terms "should," "ought," or "it is preferable to" are commonly used. Normative statements can never be proven to be true.

Conversely, positive statements can often be put to the test in theory, if not always in practice. Positive statements are not value judgments. They are predictions of what it is, was, or will become.

Thus, option A is a positive statement and rest are normative statements.

Learn more about positive and normative statements here:

brainly.com/question/14408475

#SPJ4

3 0
2 years ago
Traditional career development programs of the past focused on helping an employee advance ________.
saveliy_v [14]
Traditional career development programs of the past focused on helping an employee advance <span>by holding a series of jobs in a single organization.</span>

3 0
3 years ago
What does ships in 1 2 business days mean?
Verdich [7]
It means your order should leave (usually does not mean always) the warehouse ( or the store) within 1 or 2 days after your order is received.

The arrival time will depend on how your order is shipped.
8 0
3 years ago
Read 2 more answers
How does an improvement in consumer confidence affect the consumption function and the aggregate demand curve?
puteri [66]
If the consumers are further confident they will expend additional dollars at entirely earnings stage and the consumption function moves upward. This increase in expenditure reasons the aggregate demand curve to move to the right. The ceteris paribus is known as a alteration in interest rates reasons a movement alongside the investment demand curve.
3 0
3 years ago
Read 2 more answers
Other questions:
  • The method of dividing the project scope into many parts that, when combined, would constitute the project deliverable is called
    10·1 answer
  • Release on recognizance is the pretrial release of a defendant who posts a minimum of 10% of the cash necessary for release on b
    15·1 answer
  • Cost of Quality Report
    11·1 answer
  • Stevens Company's inventory on March 1 and the costs charged to Work in Process—Department B during March are as follows:
    10·1 answer
  • American​ Exploration, Inc., a natural gas​ producer, is trying to decide whether to revise its target capital structure. Curren
    11·1 answer
  • embroidered dog apparel over the Internet. Her annual revenue is​ $128,000 per​ year, the explicit costs of her business are​ $4
    15·1 answer
  • A University is offering a charitable gift program. A former student who is now 50 years old is consider the following offer: Th
    8·1 answer
  • 4. Consumption as a component of GDP refers to the expenditure of A. banks. B. household. C. producers. D. government.
    10·1 answer
  • Evaluate the economic consequences of increasing progressive taxes in order to redistribute income (6)
    10·1 answer
  • The shona of zimbabwe organized to resist european imperialism under the leadership of?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!