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
Sunny_sXe [5.5K]
3 years ago
9

The net income reported on the income statement for the current year was $240,000. Depreciation was $52,000. Accounts receivable

and inventories decreased by $5,000 and $15,000, respectively. Prepaid expenses and accounts payable increased, respectively, by $500 and $14,000. How much cash was provided by operating activities?a. $277,500.b. $287,500.c.$295,500.d.$228,500.
Business
1 answer:
Tpy6a [65]3 years ago
4 0

Answer:

$325,500

Explanation:

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

Cash flow from Operating activities - Indirect method

Net income $240,000

Adjustment made:

Add : Depreciation expense $52,000

Add: Decrease in accounts receivable $5,000

Add: Decrease in inventory $15,000

Add: Increase in accounts payable $14,000

Less: Increase in prepaid expenses -$500

Total of Adjustments $85,500

Net Cash flow from Operating activities               $325,500

This is the answer and the same is not provided in the given options

You might be interested in
Decisions today are becoming _____ complex, due to _____ uncertainty in the decision environment. Question 25 options: 1) less,
denis-greek [22]

The answer is option 4 more and increased.

Explanation:

Decisions today are becoming more complex, due to increased uncertainty in the decision environment.

Decision making is planning, organizing, directing and controlling the functions of a manager at achieving organizational goals.

It provides more information and alternatives, improves the quality of decisions and helps in strengthening the organization.

In the decision phase of the decision making process the managers construct a model that reduces the problem. The decision rights identify and define the framework for how they will be made through operating process and support tools.

6 0
3 years ago
What decision rule should be followed when deciding if a business segment should be eliminated?
dusya [7]
Here is the answer of the given question above. The decision rule that should be followed when deciding if a business segment should be eliminated is this: Segments with revenues which are less than avoidable expenses should be considered for elimination. <span>Unavoidable expense are those expense which will continue to be incurred whether segment is continued or discontinued. Hope this helps.</span>
5 0
2 years ago
Read 2 more answers
One of the least desirable and routine tasks members of your team must do is taking minutes (notes) at team meetings. Proof that
Lubov Fominskaja [6]

Answer:

C. Create a rotating assignment so each team member shares note taking.

Explanation:

In the case noted in the question above, there is a situation that could be unpleasant if it were decided by some type of bias.

Therefore, the most appropriate alternative for the team to address this situation would be to create a rotating assignment for each team member to share the notes. This way it would not happen that a team member is always chosen to perform a task that causes dissatisfaction in the whole team. Creating a rotating assignment to carry out the task would guarantee the uniformity of the task assignment and avoid possible dissatisfactions, inequalities and interpersonal conflicts that could arise.

5 0
3 years ago
: When you go looking for a job after graduation, what sources do you expect to use? Why?
Anna71 [15]

Answer:

you can use different types of research n ask people about information

Explanation:

it will make things easier for you about the challenges you will face and how to deal with them

8 0
2 years ago
The combination of product lines offered by a manufacturer is called the firm's:
aliina [53]

Answer:

product mix

Explanation:

The combination of product lines offered by a manufacturer is called the firm's: product mix.

7 0
1 year ago
Other questions:
  • The value of all taxes collected by the various levels of government in the united states is
    10·1 answer
  • Imagine that a researcher wants to test the hypothesis that getting married increases happiness. he finds 100 people who are mar
    9·2 answers
  • The following annual amounts pertain to ABC Company: Estimated Overhead Costs $ 101,988 Estimated Direct Labor hours 67,992 If a
    7·1 answer
  • To distinguish those combinations of goods and services that are affordable from those that are​ not, households need informatio
    12·2 answers
  • Aptitude is (1) the native skills and abilities a person brings to the job, (2) the physical and mental capabilities of a person
    9·1 answer
  • If demand for personal computers increases as a result of an increase in income, a. personal computers must be a normal good b.
    12·1 answer
  • I NEED HELP NOW PLEASE CAN SOME BODY HELO BY 9:20 OTHER WISE YOU WILL NOT GET THE BRAINLY CROWN
    9·1 answer
  • What is the main responsibity of the national government ?​
    6·2 answers
  • Which of the following methods may be used to report comprehensive income? (Select all that apply.) Check All That Apply In a si
    15·1 answer
  • Taxes that include Social Security and Medicare withholdings.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!