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lara31 [8.8K]
3 years ago
13

During the last year, Len Corp. generated $1,170.00 million in cash flow from operating activities and had negative cash flow ge

nerated from investing activities (-640.00 million). At the end of the first year, Len Corp. had $200 million in cash on its balance sheet, and the firm had $280 million in cash at the end of the second year. What was the firm’s cash flow (CF) due to financing activities in the second year?
Business
1 answer:
Anit [1.1K]3 years ago
8 0

Answer:

The firm’s cash flow (CF) due to financing activities in the second year is    - $450 million

Explanation:

As we know that,

Net increase in cash = Operating activity - investing activity - financing activity

where,

Net increase in cash = Ending balance of second year  - ending balance of first year

= $280 million - $200 million

= $80 million

The other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

$80 million = $1,170 million - $640 million + financing activity

$80 million = $530 + financing activity

So, financing activity = $80 million - $530 million

                                   = - $450 million

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zubka84 [21]

Answer:

4.77 × 10^-4

Explanation:

Given that

Population of the city of Atlantis on March 30, 2003 = 193,000

No. of new active cases of TB occurring between January 1 and June 30, 2003 = 92

No. of active TB cases according to the city register on June 30, 2003 = 338

So, the incident rate of active cases is shown below:

= (No. of new active cases of TB occurring between January 1 and June 30, 2003) ÷ (Population of the city of Atlantis on March 30, 2003  - No. of active TB cases according to the city register on June 30, 2003)

= (92) ÷ (193,000 - 338)

= (92) ÷ (192,662)

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3 years ago
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Answer:

D product

Explanation:

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6 0
3 years ago
June
bazaltina [42]

Answer:

........................Income Statement for the month of June...............................

Service Revenue.....................................................................$5,544

Less Expenses

Rent Expense .................................................$440

Utilities Expense.............................................$220

Salaries and Wages Expense......................$880

Gasoline Expense...........................................<u>$88</u>

Total Expenses .........................................................................(<u>$‭1,628‬)</u>

Net Income (Loss).............................................................$‭3,916‬

Service revenue = Services performed on the 5th + Services performed on the 20th

= 4,224 + 1,320

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5 0
3 years ago
What is the present value of $1,400 a year at a discount rate of 8 percent if the first payment is received 7 years from now and
ioda

Answer:

P V = 1669,5

Explanation:

After seven years, future payment will be 9800$ and from there on we will have 23 annual payments more:

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A traditional GAAP income statement does not help managers to predict the financial results of their decisions. Which of the fol
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Answer:

A) The GAAP statement is based on cost function rather than cost behavior.

Explanation:

Income statements that follow GAAP rules categorizes expenses based on their business function: product, selling or administrative.

While cost behavior categorizes costs based on how they influence a company's activities: variable, fixed and mixed. When a manager wants to measure the impact of any decision he/she makes, they need to use this type of categorization. For example, if fixed costs increase, what is the new break even point? If variable costs decrease, how is the marginal cost affected?

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