1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
What is the standard deviation of a portfolio of two stocks given the following data: Stock A has a standard deviation of 18%. S
Lerok [7]

Answer:

Stock B has a standard deviation of 14%. The portfolio contains 40% of stock A, and the correlation coefficient between the two stocks is -.23. A) 9.7% B)

Explanation:

Stock B has a standard deviation of 14%. The portfolio contains 40% of stock A, the portfolio contains 60% of stock B, and the correlation coefficient between the two stocks is -.23. A. 9.7% B. 12.2% C. 14% ... The standard deviation of return on investment A is .10, while the standard deviation of return on investment B is .05.

5 0
3 years ago
Ottawa, Inc. provides the following data: 2019 2018 Cash $23,000 $22,000 Accounts Receivable, Net 37,000 37,000 Merchandise Inve
Kaylis [27]

Answer:

The days' sales in inventory for 2019 is 85.88 days

Explanation:

For computing the days' sales in inventory first we have to compute the inventory turnover ratio.

Inventory turnover ratio =  Cost of goods sold ÷ average inventory

where,  

Average inventory = (Opening balance of inventory + ending balance of inventory) ÷ 2

= ($25,000+ $ 55,000 ) ÷ 2

= $40,000

And, the cost of good sold is $170,000

Now put these values to the above formula  

So, the answer would be equal to  

= $170,000 ÷ $40,000

= 4.25 times

Now days sales inventory = Total number of days in a year ÷ inventory turnover ratio

= 365 days ÷ 4.25 times

= 85.88 days

4 0
3 years ago
The business earns $700 of consulting revenue. How would these earnings affect the total equity of a business?a. Liabilities are
Sliva [168]

Answer:

d. Revenues increase, so total equity is increased.

Explanation:

Consulting Revenue of $700 will increase the total revenue of the business and total equity of the business as the revenue will increase the net profit which will ultimately be added to the equity balance. Increase in revenue will result in increase in equity and Increase in expenses will decrease the equity.

3 0
3 years ago
Read 2 more answers
Cash collected from customers during the year ended December 31, 2019 amounted to $314,000, and accounts receivable decreased by
noname [10]

Solution:

Given,

The sums of consumer cash earned during the year ending December 31, 2019 were $314,000 and accounts receivable were lowered by $42,000.

Sales on account for the year ended December 31, 2019 :

Credit sales = Cash collected + Increase / ( Decrease ) of accounts receivable

Credit sales = $ 314,000 - $ 42,000

Credit sales = $ 272,000

6 0
4 years ago
3. A politician makes the following argument: The economy would operate more efficiently if structural unemployment is completel
diamong [38]

Answer:

Agree with the statement.

Explanation:

Structural unemployment refers to the mismatch of the abilities of the workforce of the economy with the changing ability requirements demanded by the industries in the economy.

This mainly happens because of the new technological innovations and the obsolete education system in a country. One a new technology or a new innovation comes in, the knowledge and the experience possessed by the workers become obsolete.

To eliminate the structural unemployment, the education system, higher education system, professional education system and national employee training and development policies has to be changed and updated accordingly with the changing global market skills demand.

6 0
3 years ago
Other questions:
  • Which of the following is not a distortion in perception
    5·1 answer
  • Which relates primarily to cases involving issues of search and seizure
    11·2 answers
  • In a make-or-buy decision, a. the company must choose between expanding or dropping a product line. b. the company must choose b
    9·1 answer
  • I really need help I don't know how to do this its Accounting II
    6·2 answers
  • Prepare a trial balance and an income statement for Residential Relocators. The trial balance is for December 31, 2019, and the
    14·1 answer
  • Which of the following has the largest impact on opportunity cost
    5·2 answers
  • During summer vacation, you charge people $8 per hour for swimming lessons and a $20 registration fee. If you make $52 one day,
    9·1 answer
  • Productivity measures Group of answer choices the changes in real wealth caused by price level changes the amount of capital goo
    14·1 answer
  • An uber ride is considered a ________ because of its intangible nature.
    9·1 answer
  • In each diary kept by the owner/engineer's or contractor's personnel, entries should be made: A. to document every working day,
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!