Andy, a car

Blue Spruce Corp. reported net income of $194,740 for 2022. Blue Spruce Corp. also reported depreciation expense of $36,900 and

Svetlanka [38]

Answer:

Blue Spruce Corp

Statement of Cash Flows for the year ended December 31, 2022

Operating activities section:

Net income $194,740

add non-cash flow items:

Depreciation expense 36,900

Loss on disposal of plant assets 54,030

Adjusted operating income $285,670

Working capital changes:

Increase in accounts receivable (15,650)

Increase in accounts payable 15,880

Increase in prepaid expenses (4,250)

Net cash from operating activities $281,650

Explanation:

a) Data and Calculations:

Reported 2022 net income = $194,740

Depreciation expense = $36,900

Loss on disposal of plant assets = $54,030

Increase in accounts receivable = $15,650

Increase in accounts payable $15,880

Increase in prepaid expenses $4,250

b) The operating activities section is one section of the Statement of Cash Flows. It shows the cash inflows and outflows from Spruce's normal business activities. Other sections of Spruce's Statement of Cash Flows that show activities outside operating activities are the investment activities section and financing activities.

7 0

3 years ago

To increase sales of its low-fat pizzas in its established market, Dietizza is offering discounts on all its pizzas. According t

Artist 52 [7]

Answer:

market penetration

Explanation:

According to my research on different market strategies, I can say that based on the information provided within the question Dietizza has adopted the market penetration alternative. According to Ansoff's strategic opportunity matrix this alternative is defined as using an established product in the same established market in order to increase sales for the business. Which is what Dietizza is doing by lowering the the prize of the pizza and reintroducing it into the same market.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0

3 years ago

Western Wholesale Foods incurs the following expenditures during the current fiscal year. How should Wesernaunt for each of thes

levacccp [35]

Answer and Explanation:

The classification is as follows

1. Since it is a salary for the repair technicians so it would be an expense that is incurred

2. The remodeling should be capitalized and depreciated over their useful life of an asset

3, Since there is an annual maintenance cost, so it would be an expense that is incurred

4. The improvement of the line of production should be capitalized and depreciated over their useful life of an asset

5. Addition of a sprinkler system should be capitalized and depreciated over their useful life of an asset

8 0

3 years ago

Kim lives and works in a small town, even though she prefers life in a bigger city. She is quite dissatisfied with her current j

Sidana [21]

Answer:

The answer is: B) withdrawal cognitions

Explanation:

Withdrawal cognitions (in business) can also be referred to as "Quitting process", its definition is: the overall thoughts and feelings about quitting a job.

Anyone who has ever worked for someone else has either quitted his job or thought about quitting his job. There are lots of reasons for doing this, the main one is lack of job satisfaction (e.g. we don't like our work, we want to get paid better, we work too many hours, etc.).

But quitting a job is rarely an easy task, because a job is important to almost everyone, we need to work. Quitting itself is a whole process, where you evaluate the pros and cons of doing so, you might also doubt on your decision to either quit or stay. That process is withdrawal cognitions.

5 0

3 years ago

Everal items are omitted from the income statement and cost of goods manufactured statement data for two different companies for

Mice21 [21]

✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎✈︎ .............

6 0

2 years ago