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GenaCL600 [577]
3 years ago
6

Assuming Net Income for the year is $250,000, what is the net operating cash flows given the following information:

Business
1 answer:
Musya8 [376]3 years ago
6 0

Answer:

Operating Cash Flows $215,850

Explanation:

Calaculation of Net operating Cash flow

Net Income$250,000

Adjustments for noncash effects:

Depreciation Expense 6,000

Loss on sale of asset 1,350

Changes in current assets and current liabilities:

Increase in Salaries Payable 19,500

Increase in Prepaid Rent(29,000)

Increase in Accounts Payable 29,000

Increase in Inventory(61,000)

Operating Cash Flows $215,850

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Morgarella [4.7K]

Answer:

The correct answer is letter "B": legislation cannot repeal basic economic motives.

Explanation:

Government price controls are regulations imposed by the central government of a country to set limits on prices of certain goods or services because of a surplus, shortage or simply to maintain the demand and supply of those products at their equilibrium level.  

However, the demand for some of those products could be unpredictable because individuals could react in opposite directions even if the government has set rules against consumers' favor. <em>Customers' motives might not be always repealed by legislation</em>.

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3 years ago
Calculate the equivalent annual costs of (a) overhauling and operating the Maracas for 12 more years (with and without the new e
dangina [55]

Answer: See attachment

Explanation:

7 0
3 years ago
The chi-square goodness-of-fit test for multinomial probabilities with 5 categories has _____ degrees of freedom.
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Answer:

4

Explanation:

The chi-squared test tests whether distribution of a population of something (such as people, traits etc) into categories deviates significantly from expected values.

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Therefore, the degrees of freedom in this example is 5-1 = 4

3 0
3 years ago
A company is considering investing in a new machine that requires a cash payment of $47907 today. The machine will generate annu
swat32

Answer:

12%

Explanation:

Calculation for the internal rate of return if the company buys this machine

Using this formula

IRR = Initial investment/Annual Cash flow

Where,

Initial investment =$47,907

Annual Cash flow =$19,946

Let plug in the formula

IRR= $47,907/$19,946

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Therefore internal rate of return if the company buys this machine will be 12%

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