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xz_007 [3.2K]
3 years ago
14

The current period statement of cash flows includes the flowing: Cash balance at the beginning of the period $310,000 Cash provi

ded by operating activities 185,000 Cash used in investing activities 43,000 Cash used in financing activities 97,000 The cash balance at the end of the period is $45,000 $635, .000 $355,000 $125,000
Business
1 answer:
Roman55 [17]3 years ago
4 0

Answer: $355,000

   

Explanation: In simple words, cash flow refers to the financial statement in which an organisation depicts its sources and uses of cash in three categories operating , investing and financing activities.

Operating activities refers to the activities that are related to core operations of the business, investing activities are related to purchase and sale of fixed assets and activities related to procurement of liabilities and capital are termed as financing activities.

Thus any change in cash from beginning to end occurs due to change in these activities. Thus we can conclude cash at the end as follows :-

$310,000 + $185,000 - $43,000 - $97,000 = $355,000

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Answer:

D. period costs.

Explanation:

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8 0
3 years ago
Suppose payments will be made for 7 1/4 years at the end of each month from an ordinary annuity earning interest at the rate of
GaryK [48]

Answer:

The size of the payment = $628.63

Explanation:

<em>An annuity is a series of equal payment or receipt occurring for certain number of period. </em>

The payment in question is an example of an annuity . We can work back the size of the payment using the present value of the ordinary annuity formula stated below

The Present Value of annuity = A × (1- (1+r)^(-n))/r

A- periodic cash flow,= ? r- monthly  rate of interest - 4.25%/12= 0.354%  

n- number of period- (71/4×12)= 87.

Let y represent the size of the payment, so we have

47,000 = y × ( 1-1.00354^(-87))/0.00354

47,000 = y× 74.76

y =47,000/74.7656= 628.63

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3 0
3 years ago
Why is a high quality bond typically considered a lower risk investment than a stock
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3 0
3 years ago
NorthRim Inc. (NRI), imports extreme condition outdoor wear and equipment from The Allofit Territories Company (ATC) located in
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a

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3 years ago
A retail store is doing a $50 gift card giveaway by selecting 1 customer from a pool of registered customers. The pool of regist
Pani-rosa [81]

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False

Explanation:

Given

P(Female) = 52\%

P(Age>65) = 18\%

Required

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The events of being a female and over the age of 65 are non-mutually exclusive events.

We know this because the question says the pool is from all ages.

So, the required probability is calculated using:

P(A\ or\ B) = P(A) + P(B) - P(A\ and\ B)

In this case, it is:

P(Female\ or\ Age>65) = P(Female) + P(Age>65) - P(Female\ and\ Age>65)

This gives:

P(Female\ or\ Age>65) = 52\% + 18\% - P(Female\ and\ Age>65)

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P(Female\ and\ Age>65) < 70\%

The solution to this question is <em>b. False</em>

6 0
2 years ago
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