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PIT_PIT [208]
3 years ago
5

Bardell, Inc. prepared its statement of cash flows for the year. The following information is taken from that statement: Net cas

h provided by operating activities $ 29,000 Net cash provided by investing activities 8,400 Cash balance, beginning of year 11,600 Cash balance, end of year 18,200 What is the amount of net cash provided by (used in) financing activities
Business
1 answer:
sladkih [1.3K]3 years ago
7 0

Answer:

The Net Cash <em>used</em> in Financing activities is $30,800

Explanation:

<em>Step 1 Determine the Movement in Cash during the period.</em>

Movement = Ending Cash Balance - Beginning Cash  Balance \

                  = 18,200 - 11,600

                  = 6,600 (inflow)

<em>Step 2 Determine the Cash flow in Financing Activities </em>

<u>Cash flow statement for the year</u>

Cash flow from Operating Activities                                              $29,000

Net Cash flow from Investing Activities                                          $ 8,400

Net Cash flow from Financing Activities (Balancing figure)        ($30,800)

Movement in Cash during the year                                                 $6,600

Therefore, The Net Cash used in Financing activities is $30,800

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Which information would most likely cause a company's stock price to go up?
Andrei [34K]

Answer:

A

Explanation:

consumers reduce spending because of a recession

8 0
3 years ago
"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night is what type of consideration?"
zimovet [89]
Statement: <span>"a promise to your mother to refrain from going to bed later than 11:00 p.m. on a school night

</span>The type of consideration: <span>A benefit to the promisor

Promisor is the person who makes a promise. A person promises to refrain to not got to the bed later than 11:00 pm at school night is for the long term benefit of the person who is making the and not who is asking for the promise.</span>
6 0
3 years ago
Economic systems differ from one another based on who owns the factors of production and.
Aliun [14]

Economic systems differ from one another based on who owns the factors of production and. <u>Who make decisions regarding what to produce and how it is produced</u>

<u />

<h3>What is Economic systems?</h3>

An economic system is a mechanism by which societies or governments manage and distribute public resources, services, and goods across a geographic region or nation. Economic systems control the factors of display, including land, capital, labor, and material resources.

<h3>What is represented by economic system?</h3>

An economic system is a means with the help of which the government plans and issues accessible services, resources, and things across the country. Economic systems manage aspects of production, combining wealth, labour, physical resources, and industry people.

To learn more about economic system, refer

brainly.com/question/26360576

#SPJ4

Complete Question is,

A. How much resources are available in the economy and where they are located

B. Who make decisions regarding what to produce and how it is produced

C. What kinds of products are produced in the economy and how plentiful they are

D. How big the population is, and the makeup of the population

5 0
1 year ago
Marshall's &amp; Co. purchased a corner lot in Eglon City five years ago at a cost of $640,000. The lot was recently appraised a
Gala2k [10]

Answer:

$1,780,000

Explanation:

The computation of the initial cash flow for this building project is shown below:

= Estimated building cost + appraised cost of the lot

= $1,110,000 + $670,000

= $1,780,000

Simply we added the estimated building cost and the appraised cost of the lot so that the initial cash flow amount can come.

All other information which is given is not relevant. Hence, ignored it

3 0
3 years ago
Chik’s Chickens has accounts receivable of $6,333. Sales for the year were $9,800. What is its average collection period?
MAXImum [283]

Answer:

The answer is 235 days

Explanation:

Average collection period can also be called Days' outstanding period. And it is the number of days it takes a business to collect its money or receivables from the goods or services sold on credit.

Days' reveivables period or Average collection period = 365 days / reveivables turnover.

Receivables turnover = Sales/ average receivable

$9,800/$6,333

= 1.55

Average collection period=

365 days/1.55

=235 days

6 0
3 years ago
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