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r-ruslan [8.4K]
3 years ago
5

g Brief Exercise 5-13 Bridgeport Company reported 2017 net income of $158,800. During 2017, accounts receivable increased by $18

,000 and accounts payable increased by $9,740. Depreciation expense was $47,500. Prepare the cash flows from operating activities section of the statement of cash flows.
Business
1 answer:
Serhud [2]3 years ago
8 0

Answer:

16,000

Explanation:

I had this on my test

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After an analysis of political currents in Central and South America, you conclude that future coffee prices will be lower than
11Alexandr11 [23.1K]

Answer:

a. Short futures

b. $37,500

Explanation:

Since the price of the future coffee would be lower than the future prices so it would reflect the short futures, not the long futures

And, the impact would be

= Number of coffee pounds × number of contract position × coffee price per pound in cents

= 37,500 pounds × 10 × 0.10

= $3,7500

We simply multiply the coffee pounds, contract position and per pounds in cents so that the accurate value can come.

7 0
3 years ago
Lucy and Everly, a clothing retail company, wants to collect secondary data on the buying behavior of teenage customers in its n
MrRissso [65]

The action that Lucy and Everly will most likely take is obtaining of data compiled by databases created by marketing research firms within the new geographic market.

Marketing research means a process of gathering, recording, analyzing and drawing conclusion on collected data from potential customers of a product to facilitate decision making.

  • Main purpose of the marketing research is to provides information which are relevant for decision making in the firm.

  • A marketing research data are also provided by marketing research firms to firms who need them.

In conclusion, the action that Lucy and Everly will most likely take is obtaining of data compiled by databases created by marketing research firms within the new geographic market.

Read more about Marketing research

<em>brainly.com/question/24967957</em>

5 0
2 years ago
The employee retirement income security act (erisa) is intended to protect only disabled workers who are still too young to reti
Anit [1.1K]

The statement is "false".

The Employee Retirement Income Security Act secures the retirement resources of Americans by executing rules that qualified plans must take after to guarantee design trustees don't abuse plan resources. Under ERISA, plans must provide members with data about arrangement highlights and financing, and outfit data routinely and for nothing out of pocket.

 ERISA additionally sets least benchmarks for interest, vesting, advantage collection and subsidizing. The law characterizes to what extent a man might be required to work before getting to be plainly qualified to take an interest in an arrangement, to collect advantages and to have a non-forfeitable appropriate to those advantages. It additionally sets up point by point subsidizing decides that require design patrons to give sufficient financing to the arrangement.

4 0
3 years ago
For each of the following​ accounts, identify whether that item is an​ asset, liability, or equity account. Account Classificati
Ulleksa [173]

Answer:

a. Bonds payable   Liability account

b. Equipment   Asset account

c. Accounts payable    Liability account

d. Salaries payable   Liability account

e. Common stock   Equity account

f. Retained earnings    Equity account

g. Cash   Asset account

h. Accounts receivable   Asset account

i. Sales revenue   Equity account

j. Inventory  Asset account

Explanation:

All the assets account is debit in nature, so the equipment, cash, account receivable and Inventory accounts are debit in nature and these are classified as asset.

All the account with credit nature is either classified as Liability or Equity accounts. Equity accounts are common stock, retained earning and sales revenue. Liabilities accounts are bond payable, account payable and salaries payable.

8 0
3 years ago
Effective corporate governance is essential in large corporations because corporate ownership (by shareholders) is separated fro
nalin [4]

Answer:

False

Explanation:

Outside directors are members of the board of directors that are not employees of the corporation. While an inside director is a member of the board that is also employed by the corporation, e.g. CEO.

Corporations are separate entities form their stockholders, that is why limited liability applies to them. The board of directors doesn't have to include stockholders or employees, they usually do, but it is not required by law. Outside directors should very experienced and capable individuals that possess certain expertise that can help the corporation. Also, the board should control and supervise upper management, but if only inside directors were admitted into it, then who would control them?

7 0
3 years ago
Read 2 more answers
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