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baherus [9]
3 years ago
13

Kela Corporation reports net income of $550,000 that includes depreciation expense of $76,000. Also, cash of $53,000 was borrowe

d on a 4-year note payable. Based on this data, total cash inflows from operating activities are:a) $603,000b) $679,000c) $626,000d) $474,000
Business
1 answer:
Bogdan [553]3 years ago
3 0

Answer:

$626,000

Explanation:

Kela corporation has a net income of $550,000

Depreciation expense is $76,000

Cash is $53,000

Therefore the total cash inflows from operating activities can be calculated as follows

=$550,000 + $76,000

$626,000

Hence the total cash inflow from operating activities is $626,000

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Compared to a perfectly competitive market, a monopoly produces a ____ output and charges a ____ price, provided economies of sc
nlexa [21]

Answer:

lower, higher

Explanation:

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8 0
2 years ago
During fiscal 2016, Shoe Productions recorded inventory purchases on credit of $337.8 million. The financial statement effect of
iren2701 [21]

Answer:

A. Increase liabilities (Accounts payable) by $337.8 million

Explanation:

The journal​ entry will be: Inventory (Credit - Increased) 337,860,000 and Accounts payable (Debit - Increased) 337,860,000.

The company must recognize the increase in the Inventory and the medium of payment (Accounts payable).

B is false because this operationn can also be a decrease in cash, but the amount in the operation is too high for this payment medium.

C is false because, the inventory is not sold, and COSG will be increased when the goods are sold.

D is also false because the inventory is increasing, not decreasing.

6 0
3 years ago
When a monopolistically competitive firm raises its price,
Bas_tet [7]
B, because monopolistic market sells homogeneous goods.When a firm raises its price,it loses all of the customers
4 0
3 years ago
A bank customer receives an e-mail from a sender claiming to be a bank employee. The e-mail asks the customer to provide persona
Strike441 [17]

The most likely response by the customer that will be a privacy risk is b) Calling the phone number given in the e-mail and providing the personal information over the phone.

<h3>How can you avoid Phishing?</h3>

Phishing refers to attempts by criminals to steal your personal information and use it to drain you financially.

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6 0
2 years ago
Marin Company’s general ledger indicates a cash balance of $22,340 as of September 30, 2021. Early in October Marin received a b
Lina20 [59]

Answer:

See below

Explanation:

With regards to the above, Marin's correct September 30, 2016 cash balance is computed below;

Balance as per cash book

$22,340

Add: Error in recording cash receipt

($550 - $500)

$50

Less: Bank service charge

($45)

Less: NSF check

($1,500)

Corrected cash book

$20,845

7 0
3 years ago
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