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3 years ago

I WILL MARK AS BRAINLIEST

1 answer:

5 0

Hello.

The answer is: yes

minors are able to work buy getting a work permit at ages 12 to 15 and can get emplyed. But if your at the age of 15 your not able to get a job if you didn't not attend school and you can not work during local school hours.

have a nice day

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Prepare a statement of cash flows using the indirect method for the year ended June 30, 2019. (Amounts to be deducted should be

juin [17]

Answer:

IKIBAN INC.

Statement of cash flow using indirect method for

the year ended June 30, 2019

Particulars Amount $

Cash flow from operating activities

Net Income 145,510

Adjustments to reconcile net income to net

cash provided by operating activities

Adjustment for non cash effects

Depreciation 81,600

Gain on sale of equipment -4,300

Change in operating assets & liabilities

Increase in accounts receivable -25,500

Decrease in inventory 34,200

Decrease in prepaid expenses 3,300

Decrease in accounts payable -16,500

Decrease in wages payable -11,300

Decrease in income taxes payable -2,700

Net cash flow from operating activities (A) 204,310

Cash Flow from Investing activities

New equipment purchased -80,600

Equipment sold 12,300

Net cash Flow from Investing activities (B) -68,300

Cash Flow from Financing activities

Cash dividends paid -162,310

($31,000 + $145,510 - $14,200)

Common stock issued 83,000

Notes payable paid -30,000

Net cash Flow from Financing activities (C) -109,310

Net Change in cash = A+B+C $26,700

($204,310 - $68,300 - $109,310)

Beginning cash balance $67,000

Closing cash balance $93,700

5 0

4 years ago

The forecast for your company’s headquarters predicts the area hit head on by a hurricane,. The company sends you to their cold

zubka84 [21]

Answer:

The correct answer is The site will have all of the company’s applications.

Explanation:

It is the only way to ensure a minimum or zero level of inactivity, because otherwise people will not have the necessary tools to execute their work.

It is hardly obvious that due to the nature of the tasks it is impossible to try to adapt a space that is not adequate to execute them, since the conditions must be the necessary ones to guarantee it.

5 0

3 years ago

On July 23 of the current year, Dakota Mining Co. pays $7,147,920 for land estimated to contain 9,048,000 tons of recoverable or

Korolek [52]

Answer:

ore deposits 7,147,920 debit

cash 7,147,920 credit

--to record purchase of land with ore deposit--

machinery 1,900,080 debit

account payable 1,900,080 credit

Account payable 1,900,080 debit

Cash 1,900,080 credit

--to record machine installation and payment of it 2 days later--

depletion expense 368,535

depreciation expense 97,965

ore deposit 368,535‬

equipment accumulated depreciation 97.965‬

Explanation:

the first entries are quite self-explanatory

Now, to calculate the depreication and depletion:

The machine will be depreciate at the same phase as the ore deposit As the asset is relate to it and will have no value after the miniming project ends.

depreciation for the year:

466,500 / 9,048,000 x 7,147,920 = 368.535‬ ore deposit amortization

466,500 / 9,048,000 x 1,900,080 = 97.965‬ equipment depreciation

3 0

3 years ago

A government deficit occurs when government expenditures are greater than the revenue collected in a given year. A government de

STALIN [3.7K]

Answer:

Explanation:

A.private investment decreasesB.it has no immediate effect on the economy.C.the government can stimulate the economy when income is unusually low.D.the public does not voice concern about the national budget

A deficit occurs when government spending exceeds income either because it spends more than it earns or taxes are too low

A balanced budget is when government spending equals income

benefits of a budget deficit

it allows the government to carry out stabilization policies
it allows the government spread discretionary tax overtime

8 0

3 years ago

Proceeds from Notes Payable On January 26, Nyree Co. borrowed cash from Conrad Bank by issuing a 45-day note with a face amount

Gemiola [76]

Answer:

a) $1,875

b) $ 2,083

Explanation:

a) Notes Payable $150,000

Interest Rate (10%) $15,000

Proceeds from Note $1,875 - 15000/8

b) Notes Payable $150,000

Discount Factor (10%) $166,667

Finance Cost $16,667

Proceeds from Note $2,083.33 - 16667/8

3 0

4 years ago