1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Crank
3 years ago
14

Tiger Trade has the following cash transactions for the period.

Business
1 answer:
Valentin [98]3 years ago
8 0

Answer:

1. Ending balance of cash is $31400

Explanation:

<u>1.</u>

Balance of cash at the beginning of the period is $4,300

+Cash received from sale of products to customers $ 36,500  

+Cash received from the bank for long-term loan 41,500

-Cash paid to purchase factory equipment (46,500 )  

-Cash paid to merchandise suppliers (11,300 )  

+Cash received from the sale of an unused warehouse 12,300  

-Cash paid to workers (23,300 )  

-Cash paid for advertisement (3,300 )  

+Cash received for sale of services to customers 26,500  

-Cash paid for dividends to stockholders (5,300 )  

Balance of cash at the beginning of the period is $31,400

<u>2.</u>

Cash Flow Statement

Cash flow from Operating Activities

Cash received from sale of products to customers $ 36,500  

Cash received for sale of services to customers 26,500  

Cash paid to merchandise suppliers (11,300 )

Cash paid to workers (23,300 )

<u>Cash paid for advertisement (3,300 )</u>

Total Cash Inflow / outflow from Operating Activity                               25,100

Cash flow from Investing Activities

Cash paid to purchase factory equipment (46,500 )

Cash received from the sale of an unused warehouse 12,300

<u>Cash paid for dividends to stockholders (5,300 )</u>

Total Cash Inflow / outflow from Investing Activity                             (39,500 )

Cash flow from Financing Activities

<u>Cash received from the bank for long-term loan 41,500</u>

Total Cash Inflow / outflow from Financing Activity                                41,500

Net cash Inflow / Outflow                                                                         27,100

Balance of cash at the beginning of the period is                                   <u>4,300</u>

Balance of cash at the beginning of the period is                                 <u>31,400</u>

You might be interested in
When a company pays its bill from a plumber for previous services on account:(A) Its debt to equity ratio always decreases. Corr
Daniel [21]
The correct answer is B
8 0
3 years ago
If a Starbucks tall latte cost $3.20 in the United States and 3 euros in the Euro area, then purchasing-power parity implies the
Nataliya [291]

Answer:

a. .938 If the exchange rate is less than this, it costs more dollars to buy a tall latte in the U.S. than in the Euro area.

Explanation:

We can see in the example that the Euro is cheaper than the dollar in purchasing-power parity. More specifically, the exchange rate is .938 euros per dollar.

This is why it is more expensive to buy a tall latte in the U.S. than in Europe. The Euro is cheaper.

5 0
3 years ago
When is a liability considered "current"?
MrRa [10]
B. When it is due to be paid within one year.
6 0
3 years ago
Susan, 56 years of age, and her daughter beverly, 28 years of age, are both secretaries. they both apply for the same job, and a
svetoff [14.1K]
This attitude reflects ageism.
It is a type of discrimination based on somebody's age - even though Susan is more experienced than her young daughter when it comes to this job, Beverly got the job because she is younger. So, Susan has been discriminated against because she is way older than Beverly. 
5 0
3 years ago
Due to increased corporate responsibilities, the manager of a sporting goods store has asked the assistant manager to take respo
Dahasolnce [82]

Answer:

B. Leadership

Explanation:

Leadership is the art for encouraging the people towards attaining a common goal. In this, it give directions to the workers & colleagues in order to meet out the needs of the company by having a strategy.

Since in the question it is mentioned that manager permit the assitant to make the decision but also scheduled the weekly meeting

So here the manager represent the leadership attribute

6 0
3 years ago
Other questions:
  • Which is an example of a withholding you might see on your pay stub?
    10·1 answer
  • Congratulations, you are a millionaire. No, the Delaware Lottery office did not call. However, an officer from Bank of America h
    14·1 answer
  • Pitkin Enterprises produces animal figurines for children and young adults. For children, it makes hard-to-break figurines that
    12·1 answer
  • You’ve received your raise pool for the year and it’s not as big as you had hoped. You fear that you won’t be able to provide th
    9·1 answer
  • Why do countries pursue the macroeconomic goal of stable prices? O )A. Stable prices help businesses plan future economic decisi
    14·2 answers
  • Tools used in a particular career depend on the _____.
    14·2 answers
  • A firm’s income statement included the following data. The firm’s average tax rate was 20%. Cost of goods sold $ 9,000 Income ta
    6·1 answer
  • Interorganizational systems are examples of _____.
    5·1 answer
  • Martha used a SWOT analysis to assess her own internal business plan. Her store would cater to students who could also use the l
    8·1 answer
  • After getting married, Joe, 32, and Melinda, 29, decide to take out life insurance policies. Joe would like a 15-year term polic
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!