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Juliette [100K]
3 years ago
7

The income statement, balance sheet, and additional information for Video Phones, Inc., are provided.

Business
1 answer:
Alina [70]3 years ago
8 0

Answer:

Net increase in cash position is $18,960

From operations $128,160

From investing activities -$83,200

From Finance activities -$26,000

Explanation:

The income statement has been uploaded for your benefit.

The schedules attached tagged "workings" explains how we arrived at each change in cash flow by line item.

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The cash ratio helps measure the liquidity of the company as it shows if it can cover its short-term debt with the cash aand cash equivalents it has. When the ratio is less than 1, as in this case, it means that  the company doesn't have enough cash to cover the short-term debt.

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All businesses encounter difficulties and must deliver bad news. Bad news can be disappointing, irritating, and even maddening t
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A negative message which is insincere could be irritating, maddening and frustrating to the receiver. So, the message should not lead the reader to trust or believe.

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