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r-ruslan [8.4K]
3 years ago
9

Portions of the financial statements for Peach Computer are provided below.

Business
1 answer:
Novay_Z [31]3 years ago
4 0

Answer:

Net cash flows from Operating activities = $139,000

Explanation:

                                  Statement of Cash Flows

<u>Cash-flows from Operating activities</u>

Net income for the year                                          $100,000

<u>Adjustment for non-cash effects</u>

Depreciation expenses                        $50,000

Decrease in Accounts receivables      $4,000

Increase in Inventory                           -$20,000

Decrease in Prepaid rent                      $2,000

Increase in Accounts payable               $8,000

Decrease in Income tax payable         <u>-$5,000</u>        <u>$39,000</u>

Net cash flows from Operating activities               <u>$139,000</u>

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Let x be the number of children
Let y be the number of adults

Equation 1: x + y = 9
Equation 2: y = 9 - x

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The manager of a bank branch is concerned about the number of mistakes the tellers were making, so he started manipulating diffe
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