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3 years ago

Zwilling Corporation’s comparative balance sheet for current assets and liabilities was as follows:

Business

1 answer:

gayaneshka [121]3 years ago

5 0

Answer: $202,700

Explanation:

Given that,

Dec. 31, Year 2 Dec. 31, Year 1

Accounts receivable $27,830 $33,340

Inventory $18,140 $15,290

Accounts payable $15,680 $13,780

Dividends payable $49,220 $52,490

Adjust net income = $198,140

Net cash flow from operating activities:

= Net income + Decrease in Accounts receivable - Increase in inventory + Increase in accounts payable

= $198,140 + $5,510 - $2,850 + $1,900

= $202,700

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Pilfer Company acquired 90 percent ownership of Scrooge Corporation in 20X7, at underlying book value. On that date, the fair va

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C) $100,000

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Based on the information given we were told

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2 years ago

One defining characteristic of pure monopoly is that the:.

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Answer:

No close substitutes for the product exist and there is one seller.

Explanation:

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2 years ago

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Assuming a current ratio of 1.00 and an acid test ratio of .75 how will the purcahse inventory with cash affect each ratio

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The current ratio will remain the same as 1 only

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The current ratio will stay the same because there won't be a change in current liabilities, and the change in current assets won't have any net consequences because the asset will grow due to an increase in inventory, but it will also decrease by the same amount due to a decrease in cash, so the current ratio will stay the same.

The acid-test ratio will decline since the numerator will shrink owing to a cash shortage, and the growth in inventory won't be taken into account because current assets aren't included in this ratio.

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2 years ago

You are the manager of a project that has an operating leverage rating of 2.8 and a required return of 14 percent. Due to the cu

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Answer:

The change should you expect in operating cash flows next year would be 19.60%

Explanation:

In order to calculate the change should you expect in operating cash flows next year given your sales forecast we would have to make the following calculation:

change should you expect in operating cash flows=operating leverage rating*percentage of decrease sales next year

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The change should you expect in operating cash flows next year would be 19.60%

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3 years ago

the fixed cost of producing wedding cakes is $10,000 per month. the variable cost for producing 10 wedding cakes per month is $1

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The fixed cost of producing wedding cakes is $10,000 per month. The variable cost for producing 10 wedding cakes per month is $12,000. The average cost of producing 10 wedding cakes per month is $2,200.

The average fixed cost curve associated with a given level of output decreases as output expands. The total product produced by a firm for each level of output or unit of input used. Fixed costs include rent building or machinery. Variable costs are plant products water and seeds.

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1 year ago