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3 years ago

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

Cash-flows from Operating activities

Net income for the year $100,000

Adjustment for non-cash effects

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 -$5,000 $39,000

Net cash flows from Operating activities $139,000

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For an auto insurance company, the average cost of collision claims is $500 per year for careful drivers and $3000 per year for

Rainbow [258]

Answer:

option (c) $875 per year

Explanation:

Given;

Average cost of collision claims for careful drivers = $500 per year

Average cost of collision claims for for poor drivers = $3000 per year

Poor drivers known by the company = 15%

thus,

Careful drivers = (100% - 15%) = 85%

Therefore,

Insurance company's breakeven price for the collision insurance

= (Poor drivers known × Average cost of collision for poor drivers ) +( Careful drivers × Average cost of collision claims for careful drivers)

= 0.15 × $3000 + 0.85 × $500

= $450 + $425

= $875 per year

Hence, the correct answer is option (c) $875 per year

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3 years ago

Customer complaints communicated directly to the company and no one else are important because Group of answer choices they can

OverLord2011 [107]

the correct answer is (e) which is all of the above.

Explanation: Customers are king, their satisfaction is the ultimate goal for a business. Unsatisfied customer are difficult to retain as well, hence, their problems must always be welcomed and solved. It also aware the firm or give an idea about what needs to be changed or added. Negative word of mouth is also prevented. Its a chance for an organization to convert dissatisfied customer into highly satisfied customers and chances of retention increases as well.

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3 years ago

The owners of Arthouse Inc., a national artist supplies chain, are contemplating purchasing Craftworks Inc, a smaller chain. Art

Elodia [21]

Answer:

It can purchase at most, $18.13 per share.

Or 72.52 millions for the total 4,000,000 shares

Explanation:

We are given with the present value of the merger at Craftworks discount rate. The shares can be purchase at most at the same level of the present value of the increase in the free cash flow.

That way, the net present value will be zero and the merger will yield the 16% required.

72,520,000 Millions

4,000,000 shares outstanding

price per share 18.13

The crafworks shares can be purchase at most for 18.13 above this, it would yield the 16% required

Currently the share are at 16.25 so it could be possible to do the take-over

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3 years ago

What is one good way to find out how well prospects will do a job?

amid [387]

Answer:

do an interview

Explanation:

.........

7 0

3 years ago

Read 2 more answers

20. To add body to a hearty broth, you may use

Sophie [7]

Answer:

The correct answer would be A, Onions.

Explanation:

Meat, vegetables, herbs, etc are simmered with water on a low to medium flame to make a broth. Broths are usually thin and after some time, due to simmering, it starts to get body. The nutrients in the meat or vegetables or herbs start to mix in the water and give it a delicious taste. But the broth is still thin and needs to be thickened. So in order to make the broth thick, we need to add onions into the broth. Now when it will cook on a slow flame, the broth will get a hearty body and all the nutrients of the broth will make an appetizing dish.

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3 years ago