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
mote1985 [20]
3 years ago
5

The Goodyear Tire & Rubber Company's December 31, 2016, financial statements reported the following (in millions). Cash Dece

mber 31, 2016 $ 1,132 Cash from operating activities 1,504 Cash from investing activities (973 ) Cash from financing activities (875 ) What did Goodyear report for cash on its December 31, 2015 balance sheet? Select one:
A. $1,476 million.
B. $2,281 million.
C. $3,711 million.
D. $ 715 million.
E. None of the above.
Business
1 answer:
Gnom [1K]3 years ago
6 0

Answer:

A. $1,476 million.

Explanation:

Cash at beginning of the year + cash from operating activities + Cash from investing activities + cash from financing activities

Cash at beginning of the year + $1,504 -$973 -$875 = $1132

Cash at beginning of the year - $344 = $1132

Cash at the beginning of the year = $1132 + $344

Cash at the beginning of the year = $1,476 million

You might be interested in
Fasetech, Inc. has collected the following data.? (There are no beginning? inventories.)
Dominik [7]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Units produced= 510 units

Sales price= $150 per unit

Direct materials= $16 per unit

Direct labor= $10 per unit

Variable manufacturing overhead= $10 per unit

Fixed manufacturing overhead= $16,000 per year

Variable selling and administrative costs= $9 per unit

Fixed selling and administrative costs= $10,500 per year

Units sold= 500

Under the absorption costing method, the fixed overhead costs get allocated as a product cost.

Unitary fixed overhead= 16,000/510= $31.37

Total unitary cost= direct material + direct labor + total overhead

TUC= 16 + 10 + (10 + 31.37)= $67.37

Income statement:

Sales= 500*150= 75,000

COGS= 67.37*500= (33,685)

Gross profit= 41,315

Total variable selling and administrative costs= (9*500)= (4,500)

Fixed selling and administrative costs= (10,500)

Net operating profit= 26,315

5 0
3 years ago
EBay's customers enrich the Web site by giving their reviews after every purchase. These reviews are used by buyers to evaluate
Tatiana [17]

The options are:

A) reverse engineeringB) value chain extensionC) focused strategyD) niche market

Answer:

Value chain extension.

Explanation:

Value chain extension are the steps a company takes to extend the reach of their products to customers, and multiple relationships are built that impacts the bottom line.

In this instance eBay customers write a review after each purchase and the reviews are now used by buyers to evaluate the seller's.

EBay in turn gives special privileges. This is eBay creating an extended value chain in delivering it's products to customers.

4 0
3 years ago
PLS Help like fast im on a test and its timed!!!!!Workers typically get dirty if they work at a job site for: 1.both the Constru
mylen [45]

Answer:

the first one

Explanation:

animae is gay

7 0
3 years ago
Read 2 more answers
A bank reconciliation with the headings "Balance per Books" and "Balance per Bank" lists three adjustments under the former and
Vlada [557]

Answer:

a. 3

Explanation:

Bank Reconciliation: The Bank reconciliation works with the balance of the bank statement and the balance of the cash statement. The aim is to compare those two statements to allow the company to run smoothly.  

There are different transactions because of which the balance of the bank statement and the balance of the cash statement do not match. We adjust the transactions accordingly to match those statements.

Based on the cash balance, there would be three adjusting entries which are given below:

a. Bank service charges

b. Notes collected

c. Interest earned

These adjusting entries are required so that the cash balance should balance with the valid cash balance.

5 0
3 years ago
Quasio foods inc. is a large food manufacturing corporation that earns more profits than its competitors. the company uses only
Nikitich [7]
<span>Quasio foods are more likely to have adopted the concept of sustainability.More over the company focuses to give the nutritional food to people so that all will be healthy. The company which strives for people's goodness will sustain in the future definitely.Then they also supporting non profit agencies so that their company will grow vigorously.</span>
3 0
3 years ago
Other questions:
  • Lili spent $120 on a new sweater rather than using this money to buy her personal finance textbooks. The cost of doing without t
    6·1 answer
  • After you set a price for your product you discover that your competitors are selling the same thing at a significantly lower pr
    13·2 answers
  • Constant cost industries:
    5·1 answer
  • Any idle resource held for future use dash- those stocks or items used to support production​ (raw materials), supporting activi
    15·1 answer
  • Suppose an economy’s national accounts are GNP = 100, C = 70, I = 40, G = 20 and EX = 20 where GNP is gross national product, C
    7·1 answer
  • Indicate how each of the following would shift the (1) marginal-cost curve, (2) average-variable-cost curve, (3) average-fixed-c
    6·1 answer
  • Riley Company received a notice with its bank statement that the bank had collected a note receivable for $5,000 plus $150 of in
    8·1 answer
  • Which of the elements of this scenario represent a flow from a firm to a household? This could be a flow of dollars, inputs, or
    8·1 answer
  • Due Monday by 5:29pm Points 100 Submitting a file upload Available Nov 30 at 12am - Dec 7 at 5:29 pm 8 days ACG2021 - Comprehens
    6·1 answer
  • Latiker, Inc., manufactures and sells two products: Product Y9 and Product W0. Data concerning the expected production of each p
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!