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
STALIN [3.7K]
3 years ago
6

Exercise 21-17 Indirect method; reconciliation of net income to net cash flows from operating activities [LO21-4] The accounting

records of EZ Company provided the data below. Net income$54,750 Depreciation expense 9,250 Increase in inventory 2,625 Decrease in salaries payable 1,725 Decrease in accounts receivable 3,500 Amortization of patent 675 Amortization of premium on bonds 2,975 Increase in accounts payable 6,250 Cash dividends 14,500 Prepare a reconciliation of net income to net cash flows from operating activities. (Amounts to be deducted should be indicated with a minus sign.)
Business
1 answer:
saw5 [17]3 years ago
5 0

Answer:

$73,050

Explanation:

Net income                                                              $54,750

Adjustments to reconcile

Net Income to net cash

provided by Operating activities  

Depreciation expense                                              $9,250

Increase in inventory                                             -$2,625

Decrease in salaries payable                             -$1,725

Decrease in accounts receivable                              $3,500

Amortization of patent                                               $675

Amortization of premium on bonds                      $2,975

Increase in accounts payable                              $6,250

Net Cash Provided by Operating activities    $73,050

You might be interested in
Air bags are designed to __________. A. cushion impact in a collision B. work without passengers having to buckle up C. deploy a
goblinko [34]
All airbags deploy. That's what I think anyway.
6 0
3 years ago
Read 2 more answers
Spruce Company uses a job costing system. Spruce Company's schedule of cost of goods manufactured showed the following amounts f
julsineya [31]

Answer:

The amount of allocated manufacturing overhead costs for August is $47,150

Explanation:

For computing the allocated manufacturing overhead costs, first we have to compute the direct labor hours which is shown below:

=  Direct labor cost ÷ per hour rate

= $73,800 ÷ $36

= 2,050 hours

Now the allocated manufacturing overhead costs equals  to

= Direct labor hours × Manufacturing overhead rate

= 2,050 hours × $23

= $47,150

5 0
3 years ago
Tasteequik Food markets one line of food products to consumers looking for meals that are very simple and quick to prepare. Tast
Stolb23 [73]

Answer:

Letter A is correct. <u>Benefit segmentation.</u>

Explanation:

Benefit segmentation is a marketing strategy that consists of dividing your audience according to the benefits or advantages perceived by the consumer when purchasing a product or service. Segmentation can occur according to various variables such as performance, customer service, special features, quality, and more.

There are several benefits added to this benefit segmentation strategy, especially the conversion of interest in the product or service into new customers, as well as customer retention and satisfaction.

To be successful and achieve the benefits described, segmentation must be designed and targeted to create marketing and advertising that engages the customer and assists in building brand value.

4 0
3 years ago
What is codetermination?
valina [46]

Answer:

The answer is b.The inclusion of a corporation's employees on its board

Explanation:

Co determination involves  employees being legally allocated control rights over corporate assets through seats on the supervisory board (the board of non executive directors). The supervisory board oversees the management board (board of executive directors)  approving or rejecting its decisions, and appointing its members and setting their salaries.

7 0
3 years ago
In most high-tech industries, the fixed costs of developing a product are very _____, and the costs of producing one extra unit
topjm [15]

Answer:

Fixed costs are high, variable costs are low

Explanation:

The reason is that the fixed costs are high because these fixed costs are uncontrollable and their might not be an alternative which means we have to move with higher fixed costs. And this is because most of tasks in manufacturing are handled by the machines not humans. So the cost of maintenance, depreciation, etc are fixed costs which are uncontrollable.

Furthermore, the company has very small variable costs because the company enjoys economies of scales, fast paced manufacturing machines, etc. And this is controllable by investments in another more robust machinery.

7 0
3 years ago
Other questions:
  • Marketers are viewing information not only as an input for making better decisions but also as​ a(n) ______________.
    11·1 answer
  • Sharon fell while making an inspection of a machine at work and in the fall, she broke her arm. can she collect workers' compens
    10·1 answer
  • What is Food and Beverage Cost Control, Student Workbook?
    7·1 answer
  • Emily purchased a building to store inventory for her business. The purchase price was $760,000. Emily also paid legal fees of $
    15·1 answer
  • As real GDP falls: a. money demand rises, so the interest rate rises. b. money demand rises, so the interest rate falls c. money
    10·1 answer
  • Suppose the price of pepperoni falls. In the market for pizza, in which pepperoni of a popular ingredient, one would expect that
    15·1 answer
  • Good wireless and better wireless merged to form best wireless the federal government watches this merger carefully for evidence
    6·2 answers
  • Consider that you own the following position at the beginning of the year: 200 shares of US Bancorp at $29.89 per share, 300 sha
    13·1 answer
  • Barret has determinded that hecwould't be able to offord the lifestyle he wants if he is a teacher. Whitch stage of career match
    7·1 answer
  • Computing and other electrical equipment used in areas where water can accumulate must be uniquely grounded, using __________ eq
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!