All categories

2 years ago

For the current year, Klay Corporation reports the following information:

Business

2 answers:

DerKrebs [107]2 years ago

7 0

Answer:

The company’s cash flows from operating activities was a cash inflow of $5,000

Explanation:

Cash at the end of the year = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities + Net cash inflows from operating activities

Therefore,

Net cash inflows from operating activities = Cash at the beginning of the year + Net cash inflows from investing activities + Net cash inflows from financing activities - Cash at the end of the year = $340,000 + $40,000 + $45,000 - $420,000 = $5,000 >0

The company’s cash flows from operating activities was a cash inflow of $5,000

Doss [256]2 years ago

4 0

Answer:

A cash outflow of $5,000

Explanation:

the sum of cash flows from the operating, investing and financing activities must equal the net change in cash during the period

You might be interested in

Why do I have pay for answers when I'm going to school to be able to earn money? Yes, I'm 16, almost 17 and don't have a job bec

sammy [17]

Explanation:

Thank you for this brilliant question, the truth is that you do not have to pay the fee yourself, you parents are meant to pay the fee for you, think of it, when you are asked for school fee in school, who is expected to pay? your mom i guess right, same thing with paying for answers, which is still part of your education, now paying for answers so that you keep learning is the obligation of your parents (mom or dad).

Thank you if you need for clarification do not hesitate to ask more questions

3 0

3 years ago

A company uses a periodic inventory system. On April 1, the company had 9 items of beginning inventory with a cost of $13 per un

____ [38]

Answer:

$190.75

Explanation:

In this question, we are asked to use weighted average method to find the cost to which the 14 units sold is closest to.

We proceed as follows;

On April one, there were 9 items in the inventory with a cost of $13 per item. The total cost here would be 13 * 9 = $117

On April 18th, we had 15 items at $14 cost per piece which gives a total of 14 * 15 = $210

On April 29, 14 units were sold. We need to find the cost to which this was closest using the weighted cost approach.

The total costs for April 1 and 18 would be $117+ $210 = $327

The weighted average cost per unit on both dates is $327/24 = $13.625

The cost of 14 units sold would be = 14 * $13.625 = $190.75

8 0

3 years ago

Read 2 more answers

Carlos owns a hardware store he currently is not using any software to track what he has in the store and wanted to sentences de

zubka84 [21]

I don't understand this question well, but try a Windows.

8 0

3 years ago

Campbell Home Maintenance Company earned operating income of $6,821,100 on operating assets of $58,300,000 during Year 2. The Tr

ASHA 777 [7]

Answer:

Return on investment = operating income divided by operating Assets

A. Return on investment on Campbell business = $6,821,100 / $58,300,000 x 100%

= 11.7%

B. Return on investment on Tree cutting business = $1,174,670 / $6,790,000 x 100%

= 17.3%

C. Return on new investment on tree cutting business :

i. Only new investment = $434,000 / $2,170,000 x 100%

= 20%

ii. Total new investment = $1,608,670 / $8,960,000

= 18%

Residual income = controllable Margin - (required return % x average operating assets)

Residual income on Campbell business = $6,821,100 - (9.70% x $58,300,000)

= $1,166,000

B. Residual income on Tree cutting business = $1,174,670 - (9.70% x $6,790,000)

= $516,040

C. Residual income on tree cutting business :

i. Only new investment = $434,000 - (9.70% x $2,170,000)

= $223,510

ii. Total new investment = $1,608,670 - (9.70% x $8,960,000)

= $739,550

6 0

3 years ago

The three components that are most important for establishing credibility are competence, caring, and.

goldfiish [28.3K]

The three components that are most important for establishing credibility are competence, caring, and Character

Credibility includes objective and subjective elements of the credibility of a source or message. Authenticity goes back to Aristotle's rhetorical theory. Aristotle defines rhetoric as the ability to see potentially persuasive things in any situation. He classified the means of persuasion into three categories: ethos (reliability of sources), pathos (emotional or motivational appeals), and logos (logic used to support claims). Affect the recipient of the message. According to Aristotle, the term "ethos" deals with the personality of the speaker.

The speaker's intention is to appear believable. In fact, the speaker's psyche is the rhetorical strategy employed by the speaker with the aim of "instilling confidence in the audience." Credibility has two key components, he said, credibility and expertise, both of which have objective and subjective components. Reliability is based on subjective factors, but can also include objective measures such as perceived reliability.

Learn more about credibility here

brainly.com/question/1279931

#SPJ4

8 0

1 year ago