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Diano4ka-milaya [45]
3 years ago
15

Determining Net Cash Flow from Operating Activities: Burch Company reported the following items in its balance sheet and income

statement: increase in cash account, $20,000; increase in accounts receivable, $5,000; increase in inventory, $20,000; increase in accounts payable, $10,000; decrease in income taxes payable, $1,000; net income, $70,000; depreciation expense, $25,000. Required: Compute the net cash flows from operating activities using the indirect method.
Business
1 answer:
Tanya [424]3 years ago
3 0

Answer:

$9,000

Explanation:

The cash flow statement is the financial statement where the cash flows from the various activities of a business are recorded. These activities include Operating, Investing and Financing. The statement may be shown using gthe direct or indirect method.

The operating activities include the changes to current assets and liabilities. Increases in assets (apart from cash) represents an out flow of cash while increases in liability represents and in flow of cash and vice versa.

The net cash flows from operating activities using the indirect method

= -5000 - 20,000  + 10,000 + 25,000 - 1,000 (all amounts in $)

= $9,000

This represents a net inflow.

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One mile = 1.60934 km
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Thus, 105 kilometer = 65.24 mile.
The correct option is D.
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3 years ago
If all of the logical conditions are true, the and function returns the logical value _____. select one:
anastassius [24]
False is the answer to this question. 

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Calculate the net debt of the company based on the information below:
galina1969 [7]

Answer:

$28,300

Explanation:

Calculation to determine the net debt

Using this formula

Net debt=(Short-term interest bearing debt +

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Let plug in the formula

Net debt=($ 3,000 +$25,000+$ 1,500)-$ 1,200

Net debt=$29,500-$1,200

Net debt=$28,300

Therefore Net debt is $28,300

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3 years ago
What is the return on common stockholdersâ equity based on the following: Beginning Common Stockholdersâ Equity: $10,317,000 End
Slav-nsk [51]

Answer:

13.28%

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return on stockholders' equity = ($1,429,000 - $36,000) / $10,489,500 = 13.28%

5 0
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valentinak56 [21]

When you get hired for a well-paying job, you will most likely view older used cars as<u> inferior goods.</u>

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The word "inferior" refers to the product's price and perceived worth rather than its quality. The quality may occasionally be inferior to an equivalent standard good, but it may also occasionally be the same. In reality, there are occasions when the only distinctions between regular goods and equal substandard goods are the packaging and price of the goods.

Learn more about inferior goods with the help of the given link:

brainly.com/question/13377225?referrer=searchResults

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