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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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When a company is able to expand its operations by exporting globally, it can often achieve greater economies of scale which res
gogolik [260]

When a business is able to grow by exporting its products around the world, it can frequently attain larger economies of scale, which leads to reduced unit costs.

A company's production unit cost often goes down as it grows. This reduction is the result of economies of scale. By employing the least expensive production techniques, profits will be maximized.

Consumers' prices are lowered as a result of lower cost-per-unit, which increases their real wages overall and makes it easier for them to locate affordable goods.

Businesses from one country offer their goods and services to clients or consumers in another country through the exporting process.

When a company produces more goods at a larger scale while paying less money on average per unit of output, this is a phenomenon known as economies of scale.

Learn more about economies of scale here:

brainly.com/question/23633985

#SPJ4

8 0
1 year ago
Wisdom Toys has budgeted sales and production over the next quarter as follows: Unit Sales Production September 43,000 44,400 Oc
baherus [9]

Answer:

$12,800

Explanation:

This can be calculated as follows:

November sales in unit = 64,000

Since Wisdom Toys requires that 20% of the next month’s sales in units are on hand at the end of each month, we have:

Number of video games in inventory at October 31 = November sales in unit * 20% = 64,000 * 20% = 12,800

Therefore, 12,800 video games in inventory at October 31.

7 0
3 years ago
Certain closing costs will be prorated to account for the period of time during which the seller occupied the house. If a transa
tankabanditka [31]

Answer:

Option (a) $372.60

Explanation:

Data provided in the question:

Number of days during which the seller occupied the house = 136 days

Estimated cost for the entire year = $1,000

Now,

The period of time during which the seller occupied the house in years

= Number of days during which the seller occupied the house ÷ Total number of days in a year

= 136 ÷ 365

= 0.37260

Therefore,

The amount that the buyer will be credited = 0.37260 × $1,000

= $372.60

5 0
3 years ago
Which of the following statements is most correct concerning a project with normal cash flows (i.e., a cash outflow in Year 0 fo
Bond [772]

Answer: D. If the NPV of a project is zero, then the IRR of the project will be equal to the discount rate for the project.

Explanation:

Net present value (NPV) refers to the difference that exist between the present value of the cash inflows and that of the cash outflows for a particular period of time.

The net present value is used in capital budgeting to determine if a projected investment or project will be profitable or not. For a project with normal cash flows, if the NPV of a project is zero, then the IRR of the project will be equal to the discount rate for the project.

Therefore, the correct option is D.

7 0
3 years ago
Which of the following statements, if any, represent a principal's duty to an agent who works on a commission basis?
Lena [83]

Answer:

C

Explanation:

Here both statements I and II  represent a principal's duty to an agent who works on a commission basis.

that is The principal is required to maintain pertinent records and pay the agent according to the terms of their agreement  and also he is required to reimburse the agent for all authorized expenses incurred unless the agreement calls for the agent to pay expenses out of the commission.

Hence, option C is correct

4 0
3 years ago
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