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fiasKO [112]
3 years ago
10

Hilton company reported net income of $30,000 for the year. During the year, accounts receivable increased by $7,000, accounts p

ayable decreased by $3,000 and depreciation expense of $5,000 was recorded. Using the indirect method, net cash provided by operating activities for the year is:_______
a. $25,000.
b. $45,000.
c. $29,000.
d. $30,000.
Business
1 answer:
Alina [70]3 years ago
7 0

Answer:

a. $25,000

Explanation:

The computation of net cash provided by operating activities is shown below:-

Particulars                                                   Amount

Net Income                                                $30,000

Add Depreciation                                     $5,000

Less Increase in Accounts Receivables -$7,000

Less Decrease in Accounts Payable        -$3,000

Net cash Provided by Operating Activities $25,000

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VMariaS [17]

Answer:

Explanation:

INCAPITALIST SYSTEM ,INDIVIDUALS ARE KEY BECAUSE THE GOVERMENT DOES NOT CONTROL ECONOMY .ALL ECONOMIC DECISIONS AND ACTIONS ARE CONTROLLED.......

3 0
3 years ago
If the inflation rate decreased from 3.33% to 2.90% between October and November, while the nominal interest rate increased from
Rudiy27

Answer:

1.90%

Explanation:

There is the accordance or connection between nominal and real interest rates. It is basically possible to convert from nominal interest rates to real interest rates. According to the Fisher, there is a equation that's called the Fisher Equation:

Real interest rate ≈ nominal interest rate − inflation rate.

On our example,

Inflation rate in October- 3.33%

Inflation rate in November- 2.90%

Nominal interest rate in October- 4.75%

Nominal interest rate in November- 4.80%

In October,

Real interest rate=4.75%-3.33%=1.42%

In November,

Real interest rate=4.80%-2.90%=1.90%

As a result, we see that there is 1.90% real interest rate in November and the real interest rate has increased 0.48% in November compared to October.

7 0
3 years ago
Read 2 more answers
Fixed costs Blank______. Multiple choice question. are only as fixed as production volume remain at the same level despite chang
zheka24 [161]

Answer: remain at the same level despite changes in production

Explanation:

4 0
1 year ago
select the correct answer. which type of work would include providing advice to managers on how to reduce the organization’s cos
notka56 [123]

H.R manager includes providing advice to managers on how to reduce the organization’s costs.

An HR manager is a member of staff who oversees all activities related to hiring and selection, training and development, employee relations, and salary and benefits for the company.

Therefore, the HR manager would advise management on how to lower the costs of the company, particularly in areas like compensation and benefits, training, and development.

Managers of human resources plan, organize and oversee an organization's administrative operations. They supervise the hiring, interviewing, and onboarding of new employees, assist chief executives with strategic planning and act as a liaison between management and personnel in a business.

Learn more about HR Managers here:

brainly.com/question/25806768

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7 0
1 year ago
A commercial bank buys a $50,000 government security from a securities dealer. the bank pays the dealer by increasing the dealer
stealth61 [152]

Answer:

Increased by $50,000

Explanation:

When the Federal Reserve or a any private bank buys government securities from another private company or investor, they "create" money in the same way as a loan creates money.

Therefore, when the commercial bank bought government securities worth $50,000 from a private securities dealer, the money supply increased by $50,000.

3 0
3 years ago
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