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larisa86 [58]
3 years ago
11

The following information is available from the current period financial statements:

Business
1 answer:
Galina-37 [17]3 years ago
8 0

Answer:

$166,000

Explanation:

The net cash flow from operating activities using the indirect method is computed below:

Cash flow from Operating activities - Indirect method

Net income $175,000

Adjustment made:

Add : Depreciation expense $28,000

Less: Increase in accounts receivable -$16,000

Less: Decrease in accounts payable -$21,000

Total of Adjustments -$9,000

Net Cash flow from Operating activities $166,000

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Surrealists emphasized _____________ instead of ____________.
liberstina [14]

The correct answer is irrationalism and rationalism. It is because surrealist are cultural movement in which they are likely to reunite cultures or different races in means of having to have unity, that’s why they are likely to focus more on irrationalism than rationalism.

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3 years ago
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Every society faces trade-offs because we live in a world of scarcity. Suppose a student-athlete has the opportunity to earn$400
ki77a [65]

Answer:

Earning $700,000 next year playing for a European professional football team

Explanation:

Opportunity cost is the sacrificed option in decision making. The value of opportunity cost is expressed as the forfeited benefits from the next best alternative. Opportunity cost arises due to scarcity of resources, including time and finances.

The student-athlete cannot be in school and engage in play in a professional league in the same year. The student has to pick one option as he or she cannot be in two places at the same time. The forfeited option is the opportunity cost. In the case of many options, the forgone option with the highest value is the opportunity cost. For this student-athlete, $700,000 missed for not playing for a European professional football team is the opportunity cost. It represents the next best alternative from the option chosen.

5 0
3 years ago
The market demand curve
Sidana [21]

Answer:

The answer is: A) is the sum of all individual demand curves.

Explanation:

By definition the market curve is the sum of all individual demand curves in a market. It shows the total quantity of goods that consumers demand (are willing and able to purchase) at varying price points. Usually the curve shows a downward slope since consumer demand decreases as the price of a good increases.

5 0
3 years ago
With an ATM checking account, you are typically charged a fee if you use teller services (walk-in or drive-through).
romanna [79]

<u>Answer: </u>

With an ATM checking account, you are typically charged a fee if you use teller services is a false statement.

<u>Explanation: </u>

  • The ATM facility has been rolled out in order to dispense convenience to the users of cashless transactions or of withdrawing cash whenever need.
  • This service is not charged as long as there are not any extra facilities demanded like that of international transactions.
  • Charging a fee for using an ATM would decrease the number of its users drastically.
5 0
3 years ago
. From the following list of account balances, calculate the correct amount of current liabilities: Accounts receivable $ 5,000
zhannawk [14.2K]

Answer:

The answer is A.

Explanation:

Current liabilities are the total amount of money due within a period of s year. Current liabilities must be repaid within a year(less than 12 months.

Current liabilities in this question are:

Payable. $5,300

Unearned revenue $900

Sales tax payable. $3,700

Estimated warranty payable $900

Note payable due in 90days $1,300

Total. $12,100

$12,100 is therefore the total current liabilities

6 0
3 years ago
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