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kkurt [141]
3 years ago
14

Mary's Music Store reported net income of $142,000. Beginning balances in Accounts Receivable and Accounts Payable were $25,500

and $18,500, respectively. Ending balances in these accounts were $30,500 and $12,200, respectively. Assuming that all relevant information has been presented, Mary's net cash flows from operating activities would be:
Business
1 answer:
Oliga [24]3 years ago
7 0

Answer:

Net cash flow will be $117200

Explanation:

We have given net income = $142000

Account receivable = $2500

And account payable = $18500

So increase in account receivable = $25000 - $18500 = $6500

Ending balance in account is $30500 and $12200

So decrease in account payable = $30500-$1200 = $18300

Now we have to fond the cash flow

So cash flow = $142000 - $6500 - $18300 = $117200

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If a gain of $5,278 is realized in selling (for cash) office equipment having a book value of $50,852, find the total amount rep
Alina [70]

Answer:

B) $56,130

Explanation:

The cash flow statement shows how the company's operating, investing and financing activities affect the flow of cash by generation or use.

The investing activities section is where the purchase of fixed assets and the amount received for the disposal of these assets are accounted for.

Given that a gain was realized and the book value of  the asset was given, the amount received for the disposal

= $5,278 + $50,852

= $56,130

This is the amount that will be reported in the investing activities section of the statement of cash flows as an inflow.

6 0
3 years ago
_____1. The price paid for the use of someone else’s property.
jonny [76]
The correct term to fill in the blank would be rent. The price paid for the use of someone else's property is called rent. It is a periodic and fixed amount of money paid by one that uses the possession of one.
7 0
3 years ago
Suppose you want to quickly perform a customer marketing survey, while allowing some measure of anonymity and keeping costs as l
zepelin [54]
Suppose you want to quickly perform a customer marketing survey, while allowing some measure of anonymity and keeping costs as low as possible. D. Telephone of survey would be a good choice for this purpose
8 0
3 years ago
Read 2 more answers
A rightward shift in aggragate Demand (for US) can be caused by which of the following Increase in consumer waelth, increase in
Rudiy27

Answer:

Option A Increase in consumer wealth

Explanation:

The reason is that when the consumer wealth increases his purchasing power increases which enables him to opt to items which greater in value and also that the person starts satisfying his personal needs and wants which means that the person is spending more and if the person is spending more then the aggregate demand of the product and services will increase. Furthermore the increase in taxes, costs and value of US dollar decreases the demand because it increases the prices of the product and increase in price of the product or services decreases the demand of the product both in the domestic and international market. So the right option is A.

5 0
3 years ago
Based on its perceived riskiness, the annual required rate of return is 11.5% for shares of Cyberdyne Inc. The company just paid
Ugo [173]

Answer:

the  estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

Explanation:

The calculation of the estimated price of the stock in 5 years is given below:

= 5th Year dividend ÷ (Required return - Growth Rate)

Dividend at year 5 should be

=Dividend at year 0 × (1 + Growth Rate)^5          

= $8.69 × (1.061)^5 ÷ (0.11.5 - 0.061)

= $216.38

Hence, the  estimated price of the stock in 5 years, using the Dividend Discount Model is $216.38

4 0
2 years ago
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