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mote1985 [20]
2 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]2 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

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Homeowners insurance covers loss of a home caused by which of the following two factors? fire inability of owner to pay mortgage
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Answer:

fire & natural distaster.

Explanation:

homeowners insurance covers things that can't be prevented. :)

7 0
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3 years ago
If the European subsidiary of a U.S. firm has net exposed assets of 750,000 Euros, and the euro drops in value from $1.30/euro t
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The correct answer is:

b. loss of $75,000
6 0
2 years ago
Einstein Company is preparing its cash budget for the upcoming month. The beginning cash balance for the month is expected to be
sveta [45]

Answer:

$29,000

Explanation:

Calculation would be as follows:

Particular                                   Amount ($)

Beginning Cash                          10,000

Add: Cash Receipt                      85,000

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Cash Available                            29,000

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3 0
2 years ago
Suppose business decision makers become more optimistic about the future and, as a result, increase their investment spending by
Art [367]

Answer:

$80 million

Explanation:

We know that

Multiplier = (1) ÷ (1 - marginal propensity to consume)

                = (1) ÷ (1 - 0.75)

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4 0
2 years ago
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