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zhenek [66]
3 years ago
12

In 2018, Usher Sports Shop had cash flows from investing activities of $440,000 and cash flows from financing activities of −$45

0,000. The balance in the firm’s cash account was $625,000 at the beginning of 2018 and $600,000 at the end of the year.
Required:
Calculate Usher Sports Shop’s cash flow from operations for 2018. (Amounts to be deducted should be indicated by a minus sign.)
Business
1 answer:
Kipish [7]3 years ago
3 0

Answer:

$15,000

Explanation:

Calculation for Usher Sports Shop’s cash flow from operations for 2018

Cash flows from investing activities $440,000

Less Cash flows from financing activities ($450,000)

Less Net change in cash and marketable securities ($25,000)

($625,000-$600,000)

Cash flow from operations for 2018 $15,000

Therefore Usher Sports Shop’s cash flow from operations for 2018 will be $15,000

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Answer:

a. Price ceiling

b. see graph

c. Increases

d. Increases, decreases

Explanation:

a. Price ceiling is the maximum price or ceiling so to speak imposed by government for a particular commodity inorder to relieve purchase burden from the consumers.

b. Take note of the price ceiling in the graph attached.

c. Number of demanded check-ups increases, since they are now more affordable.

d. Consumer surplus increase by $10, while the producer surplus decrease by $10 ($50-$40).

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3 years ago
A monopolist is a price maker because
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Answer:

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Explanation:

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3 years ago
The cash remaining after a firm has met its operating expenses, payments to creditors, and taxes is called
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Answer:

residual cash flow

Explanation:

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5 0
3 years ago
On January 1, 2019, in a merger transaction, Maxi Company paid $371,000 in cash for 100% of the outstanding common stock of Mini
boyakko [2]

Answer:

$224,000

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8 0
3 years ago
Monroe county levies a tax on the value of real property located within the county. The tax equals 3 percent of the property's a
Vikentia [17]

Answer:

a. $39,000

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Explanation:

The computations are shown below:

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= $1,300,000 × 3%

= $39,000

b. Tax on real property would be

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= $2,000,000 × 3% + $2,500,000 × 1%

= $60,000 + $25,000

= $85,000

8 0
3 years ago
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