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
zepelin [54]
3 years ago
12

Kela Corporation reports a net income of $450,000 that includes a depreciation expense of $70,000. Also, cash of $50,000 was bor

rowed on a 5-year note payable. Based on this data, the total cash inflows from operating activities are:
a. $380,000.
b. $470,000.
c. $520,000.
d. $570,000.
Business
1 answer:
Mariana [72]3 years ago
6 0

Answer:

option (c) $520,000

Explanation:

Data provided in the question:

Net income = $450,000

Depreciation expense = $70,000

Amount borrowed = $50,000

Now,

Here out of the given transactions, the amount borrowed is a financing activity.

Therefore,

The  total cash inflows from operating activities

= Net income + Depreciation expense

= $450,000 + $70,000

= $520,000

Hence,

The correct answer is option (c) $520,000

You might be interested in
Exquisite Expressions is a home decorating company that sells many different household accessories ranging from candles to enter
Serga [27]

Answer:

Explaining the motive of each task

Explanation:

According to the given situation, There are two issues i.e how to organize the activities of the business organization so that the organization can run in a smooth manner. The second issue is of delegation that means giving authority to some responsible person.  

In this scenario, the most appropriate delegation improvement is to explain the motive of each task to the employees or responsible paper so that the organization activities can run in a better and effective & efficient way which helps the company to accomplish its goals and objectives.

6 0
3 years ago
A recently issued FASB standard requires that companies recognize revenue when goods or services are_____to customers for the am
tensa zangetsu [6.8K]

Answer:

Transferred.

Explanation:

FASB is an acronym for Financial Accounting Standards Board. The financial accounting standards board (FASB) is a private, non-profit organization saddled with the responsibility of establishing and maintaining standard financial accounting and reporting for general guidance of individuals such as investors, issuers and auditors. It was founded in 1972 but began operations fully on the 1st of July, 1973 by replacing the Accounting Principles Board (APB) and American Institute of Certified Public Accountants (AICPA).

A recently issued FASB standard known as the core revenue recognition principle, requires that companies recognize revenue when goods or services are transferred to customers for the amount the company expects to be entitled to receive in exchange for those goods or services.

6 0
3 years ago
Gabriele Enterprises has bonds on the market making annual payments, with nine years to maturity, a par value of $1,000, and sel
Ulleksa [173]

Answer:

5.52%

Explanation:

For computing the coupon rate we first have to determine the PMT by applying the PMT formula

Given that,  

Present value = $954

Future value = $1,000

Rate of interest = 6.2%

NPER = 9 years

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the monthly payment is $55.18

Now the coupon rate is

= $55.18 ÷ $1,000

= 5.52%

7 0
3 years ago
Question 2 (multiple choice)
Paha777 [63]
A. $625.71
619+619×0.13/12
4 0
3 years ago
A financier plans to invest up to $500,000 in two projects. Project A yields a return of 9% on the investment of x dollars, wher
jonny [76]

Answer:

She should invest $300,000 in Project A, and $200,000 in Project B.

Explanation:

Solution

Since Project B yields a higher return, she should invest as much money as possible in it, which is 40% of the total investment  or

or (0.40)($500,000) = $200,000

so

The remaining $500,000 - $200,000 = $300,000 should be invested in Project A.

Therefore, she should invest $300,000 in Project A, and $200,000 in Project B.

5 0
3 years ago
Other questions:
  • Arrange the types of investments in the correct order from the least risky to the most risky investment.
    10·1 answer
  • Leah and santana have been requested to print a daily report of scheduled activities. their supervisor needs to know if each par
    13·1 answer
  • You're working on a project to develop a client-server application. Your company's collections department will equip their field
    7·1 answer
  • Jermaine, a member of a student organization, supports the move to increase the membership fees for their organization in order
    14·1 answer
  • On November 10 of the current year, Flores Mills provides services to a customer for $8,000 with credit terms 2/10, n/30. The cu
    8·1 answer
  • Zimmerman Company manufactures two products, Board 12 and Case 165. Zimmerman’s overhead costs consist of setting up machines, $
    12·1 answer
  • Assume that the 4K and OLED television sets industry is perfectly competitive. Suppose a producer develops a successful innovati
    5·1 answer
  • The days sales in recievable for baker sales is 35 the days sales in receivables for xanadu company is 25 this suggest xanadu is
    8·2 answers
  • Which type of estate is created when the landlord and tenant enter into an agreement for an indefinite time with no specific ter
    10·1 answer
  • Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,700 of its accounts receiv
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!