Steuben Company produces dog houses. During the current year, Steuben Company incurred the following costs:

The comparative balance sheets for 2021 and 2020 are given below for Surmise Company. Net income for 2021 was $88 million.

Alinara [238K]

It can be deduced that the cash flow shows that the net cash provided by operating activities will be $58 million.

<h3>How to compute the statement of cash flow</h3>

<u>Cash flow from operating activities</u>

Net income = $54 million

Add: Depreciation $15 million.

Add: Bad debt = $6 million

Add: Amortization expense = $3

<u>Changes in operating assets and liabilities</u>

Decrease in account receivable = $4 million

Increase in inventory = ($9 million)

Increase in prepaid expense = ($2 million)

Decrease in account payable = ($10 million)

Decrease in accrued liability = ($3 million)

Net cash provided by operating activities = $58 million

In conclusion, the net cash provided by operating activities is $58 million.

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8 0

2 years ago

Amber arrives for her first interview with Overseas Ventures, Inc., fifteen minutes early, wearing a dress blouse and a business

Blababa [14]

Answer:

She should not have brought up salary.

Explanation:

From the question we are informed about Amber who arrives for her first interview with Overseas Ventures, Inc., fifteen minutes early, wearing a dress blouse and a business suit whose skirt hem hits her knees. During the interview, she mentions a successful cost-cutting measure she implemented on her current job. She expresses gratitude for the opportunity her current employer gave her. She mentions what her current salary is and says she hopes the prospective employer can better it. After the interview, she sends a thank-you note to the manager who interviewed her. In this case, What she did wrong was that should not have brought up salary.

An interview can be regarded as

a structured conversation between

interviewer as well as an interviewee, the interviewee could be a participant seeking for job. It is one-on-one conversation, during interview

information from a person can be obtained through oral responses of a participant. In case of the question, she should not have brought up salary.

Though she mentioned Cost reduction which was one of her strength and it's regarded as is the process engaged by companies in reducing their costs and also brings increase to their profits.

4 0

2 years ago

During the year, Patriot Partners had $245,000 in revenues, $120,000 and expenses, and $40,000 in declared dividends. What was P

Bezzdna [24]

Answer:

Patriots net income for the year = $245,000

Explanation:

Data provided in the question:

Revenue of Patriot Partners during the year = $245,000

Expenses of Patriot Partners during the year = $120,000

Declared dividends by Patriot Partners = $40,000

Now,

The Patriots net income for the year will be

= Revenue of Patriot Partners - Expenses of Patriot Partners

or

Patriots net income for the year = $245,000 - $120,000

or

Patriots net income for the year = $125,000

3 0

3 years ago

Using fiscal policy to stabilize the economy is difficult because:a. potential income is known.b. the effects of policy changes

Ray Of Light [21]

Using fiscal policy to stabilise the economy is difficult because there are time lags involved in the use of fiscal policy.

Explanation:

Tax policy applies to the implementation of government spending and tax measures, including competition for goods and services, wages, inflation and economic development to affect the dynamics of the economy.

Taxes policy is decisions of the government on investment and taxes. When a government wants to promote economic growth, spending on goods and services must increase. The need for goods and services would then increase. A reduction in government expenditure would reduce the economy's total demand.

8 0

3 years ago

The Fed wants to increase the money supply (which is currently $4,000) by $200. The money multiplier is 3, and people hold no ca

Greeley [361]

Fed can achieve its goals using the given tools as shown below.

<h3>What is money supply?</h3>

The money supply (or money stock) in macroeconomics refers to the entire volume of currency held by the public at a given point in time.
There are numerous definitions of "money," but common measures often include currency in circulation and demand deposits (depositors' easily accessible assets on financial institutions' accounts).
A country's central bank may utilize a definition of what constitutes legal money for its own reasons.
Money supply data is recorded and released, typically by a government agency or the country's central bank.
Changes in the money supply are monitored by public and private sector experts because it is believed that such changes affect the prices of securities, inflation, exchange rates, and the business cycle.

In the given situation, Fed can achieve its goals using the given tools:

Change the reserve requirement - The Fed should lower the reserve requirement to 48 ± 1 percent.
Change the discount rate - The Fed should lower the rate by 12.50 ± 0.01 percentage points.
Use open market operations - The Fed should buy $125.00 ± 0.01 worth of bonds.

Therefore, Fed can achieve its goals using the given tools as shown.

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The complete question is given below:
The Fed wants to increase the money supply (which is currently $5,000) by $250. The money multiplier is 2, and people hold no cash. For each 1 percentage point, the discount rate falls, and banks borrow an additional $10. Explain how the Fed can achieve its goals using the following tools:

a. change the reserve req.

b. change the discount rate.

c. use open market operations.

5 0

2 years ago