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zimovet [89]
3 years ago
11

Analysis reveals that a company had a net increase in cash of $21,540 for the current year. Net cash provided by operating activ

ities was $19,400; net cash used in investing activities was $10,700 and net cash provided by financing activities was $12,840. If the year-end cash balance is $26,100, the beginning cash balance was:
Business
1 answer:
Galina-37 [17]3 years ago
4 0

Answer:

$ 4,560

Explanation:

Given data:

The net increase in the cash = $ 21,540

Net cash provided by operating activity = $ 19,400

Net cash used in the investing activities = $ 10,700

Net cash provided = $ 12,840

The year end cash balance = $ 26,100

now,

the year end cash will be the total of the cash that was present initially and the net increase in the cash.

thus, mathematically

Year end cash balance = Beginning cash balance + Net increase in cash

on substituting the values, we have

$ 26,100 = Beginning cash balance + $ 21,540

thus,

the Beginning cash balance = $ 26,100 - $ 21,540 = $ 4,560

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Which of the following is true of public goods? Question 9 options: a) The market mechanism helps to signal the quantity that is
murzikaleks [220]

Answer:

c

Explanation:

A public good is a good that is non excludable and non rivalrous.

For example, if there is a statue in a park, Everyone has assess to the statue and because one person is enjoying the view of the statue does not means another person cannot enjoy the view of the statue

3 0
3 years ago
The slope of the demand for loanable funds curve represents the Group of answer choices positive relation between the real inter
Andreyy89

Answer:

negative relation between the real interest rate and investment.

Explanation:

Loanable funds can be defined as the total income that are being saved and lend out, other than personal use or as consumption.

Also, it's the total amount investors chooses to borrow to fund their projects.

The slope of the demand for loanable funds curve represents the negative relation between the real interest rate and investment.

This slope of the demand for loanable funds usually slopes downward.

The equilibrium interest rate and quantity of loanable funds falls, when the demand for loanable funds shifts to the left.

7 0
3 years ago
You live in a community with many teenagers, and you work during the summer bagging groceries for a low hourly wage. How might l
mario62 [17]

Answer:

D. Your wages would probably be higher because demand for baggers would be higher.

Explanation:

If I live in a community with fewer teenagers looking for grocery bagging jobs, the supply of labour would be lower. This would lead to an excess of demand over supply, wages would rise as a result.

I hope my answer helps you

4 0
3 years ago
What must owners of agricultural land do each year in order for it to qualify for protection under the Green Belt Law
LuckyWell [14K]

In order for the land to qualify for the green belt law, it has to be used primarily for the sake of agriculture or good faith commercial agricultural purposes.

<h3>What is the Green Belt law?</h3>

This is an exemption that is given to land owners in the state of Florida if the land is used for the bona fide purpose of agriculture.

The law has it that the land owner applies for classification if they want the law applicable to them.

Read more on agriculture here: brainly.com/question/17392167

3 0
2 years ago
Wu Company incurred $117,000 of fixed cost and $132,600 of variable cost when 3,400 units of product were made and sold. If the
Setler79 [48]

Answer:

If the company's volume increases to 3,900 units, the total cost per unit will be $69 per unit

Explanation:

Variable cost per unit = variable cost/3,400 = $132,600/3,400 = $39

If the company's volume increases to 3,900 units:

Total Variable cost = Variable cost per unit x 3,900 = $39 x 3,900 = $152,100

Total fixed cost will not change = $117,000

Total cost = Total Variable cost + Total fixed cost = $152,100 + $117,000 = $269,100

The total cost per unit = Total cost/3,900 = $269,100/3,900 = $69 per unit.

6 0
3 years ago
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