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
liubo4ka [24]
3 years ago
12

At the beginning of the year, Gonzales Corporation had $100,000 in cash. During the year, the company undertook a major expansio

n. From the statement of cash flows, operating activities generated $300,000 of cash, while investing activities required cash expenditures of $800,000. At the end of the year, the company's cash position was $50,000. What was the net cash provided by the company's financing activities?
a.$350,000
b.$400,000
c.$300,000
d.$450,000
e.$500,000
Business
1 answer:
hram777 [196]3 years ago
6 0

Answer:

The correct answer is option (D).

Explanation:

According to the scenario, the given data are as follows:

Beginning cash flow = $100,000

Operating activities generated = $300,000

Investing activities required = $800,000

End Cash = $50,000

So, we can calculate the net cash provided by company's financing activities by using following formula:

So, first we analyze Cash flow after operating activities, then

Cash flow (after operating activities ) = Beginning cash flow + Operating activities generated

= $100,000 + $300,000

= $400,000

Now, cash flow after investing = $400,000 - $800,000

= -$400,000

Given that closing cash balance = $50,000

So, Net cash provided = $400,000 + $50,000

= $450,000

Hence, the net cash provided by the company's financing activities was $450,000.

You might be interested in
As of 2011, about how large was the world's human population, and about how long will it take to add another billion
Vaselesa [24]
As of 2011, the world's population has reached 7 billion. The annual population growth rate is 1.2%, thereby there would be an additional 1 billion population growth at approximately 11 years or by 2021 the population would be 8 billion.
5 0
2 years ago
Read 2 more answers
Debra notes that Theo Chocolate has started holding its own operations to the same IMO standards of fair trade to which it holds
slamgirl [31]

Answer:

The correct answer is letter "A": Ethical leadership.

Explanation:

Ethical leadership is the set of managerial practices that executives use to give an example to their subordinates and promote good values among the organization. This is typically achieved by promoting fair treatment among workers and social awareness with the external environment of the firm.

In the example, <em>Theo Chocolate started to follow the International Maritime Organization (IMO) standards that promote the safety and security of international shipping and forbid marine pollution from ships</em>.

8 0
3 years ago
______________ specifies sales revenues and selling distribution and marketing costs.
frez [133]
To answer the question above as the which specifies the sales revenue and selling distribution and marketing costs is letter B, Sales budget. The answer lies in the question itself. Sales revenues,distribution and the marketing cost are all related to the sales budget. Sales budget controls the expenditure or resources related to sales.
3 0
2 years ago
Nolte Co. has 4,800,000 shares of common stock outstanding on December 31, 2017. An additional 200,000 shares are issued on Apri
Artist 52 [7]

Answer:

3. 5,110,000 and 5,170,000

Explanation:

Number of shares to be used in computing basic earnings per share

= 4800000*12/12 + 200000*9/12 + 4800004/12

= 4800000 + 150000 + 160000

= 5,110,000

Number of shares to be used in computing dilute earnings per share

= 4800000*12/12 + 200000*9/12 + 4800004/12 + (6000000/1000)*40*3/12

= 4800000 + 150000 + 160000 + 60000

= 5,170,000

Therefore, The number of shares to be used in computing basic earnings per share and diluted earnings per share on December 31, 2018 is 5,110,000 and 5,170,000.

5 0
3 years ago
For the population of firms in the chemical industry, let rd denote annual expenditures on research and development, and let sal
Dmitry_Shevchenko [17]

Answer:

See the attached pictures for detailed answer.

Explanation:

See the attached pictures for explanation.

6 0
3 years ago
Other questions:
  • Use the following data to answer QuestionAccounts payable $30,000Accounts receivable 65,000Accrued liabilities 7,000Cash 20,000I
    7·1 answer
  • If investors expect a total return of 14.60%, what will be Goodwin’s expected dividend and capital gains yield in two years—that
    13·1 answer
  • While terri cannot remember what she ate for lunch, she recalls a wide number of facts and is someone you always want on your te
    15·2 answers
  • What is the marginal product? (A.)amount of input used in the coat of production (B.)increase in input added by the last unit ou
    13·1 answer
  • A homeowner sued a plumber for damages resulting from the plumber's allegedly faulty installation of water pipes in her basement
    11·1 answer
  • Hope receives an $18,500 scholarship from State University. The university specifies books, supplies, and equipment, while $10,0
    6·1 answer
  • Organizing the second level of the Work Breakdown Structure by major design components facilitates rolling wave planning.True /
    15·1 answer
  • How do we find an interest rate?​
    9·1 answer
  • In X1, Adam and Jason formed ABC, LLC, a car dealership in Kansas City. In X2, Adam and Jason realized they needed an advertisin
    5·1 answer
  • Using the following information, determine the location quotient for Motor City: employment in motor vehicle manufacturing withi
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!