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
Angelina_Jolie [31]
2 years ago
5

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
When a single broker represents both parties in a real estate transaction, a _______ agency may exist.
Nataliya [291]

Answer:

Dual

Explanation:

real estate transaction,which is used to convey ownership of a particular property to the buyer whereby there is a mutual agreement on some terms. The contract may be long it in shirt time.the end process is usually reffered to as “closing,” and this is a term that explains that both parties need to fulfill all terms and conditions that is associated with the exchange.

It should be noted that When a single broker represents both parties in a real estate transaction, a dual agency may exist.

7 0
2 years ago
If a regulatory commission imposes upon a nondiscriminating natural monopoly a price that is equal to marginal cost and below av
denpristay [2]

Answer:

The correct answer is letter "D": The firm must be subsidized or it will go bankrupt.

Explanation:

A subsidy is a benefit given to an individual, business or institution, typically by the government. Subsidies are given to promote a social good or economic policy. The government usually provides subsidies in the form of cash or tax breaks, low-rate loans, and certain types of rebates.

In the example, as the commission sets the price of the monopoly products below the average total cost, it will be translated in losses. Then, a subsidy will be necessary to be provided otherwise the company will file for bankruptcy.

3 0
3 years ago
Wreckorp wants to maintain an exclusivity image for its product line of sports equipment. It limits its distribution to 100 stor
lara31 [8.8K]

Based on the fact that Wreckorp wants to maintain an exclusivity image and limits its distribution to 100 stores in each region, it is Impossible to determine legality based on the information provided.

<h3>Are Wreckorp's actions legal?</h3>

It is not possible to know if Wreckorp's actions are legal or illegal because the information provided does not give the full facts.

The actions of Wreckorp may be legal if no region is being disadvantaged but it could be illegal if this is the case. More information is therefore needed.

Options for this question are:

  • Strictly illegal
  • Impossible to determine legality based on the information provided
  • Strictly Legal

Find out more on the legality of business actions at brainly.com/question/4556120.

#SPJ1

6 0
1 year ago
Do all accounts serve the same function? Why or why not?
lara [203]

No<span>, </span>accounts serve<span> the </span>purpose<span> that their owners choose. They do not have the same function.

>>>Accounts are f</span><span>inancial records of an organization that register all financial transactions, and must be kept at its principal office or place of </span>business<span>.
In accounting, it means </span><span>the chronological </span>record<span> of </span>changes<span> in the </span>value<span> of an </span>entity's assets<span>, </span>liabilities<span>, and the </span>owners' equity<span>

In banking,it means c</span>ontinuing financial relationship<span> between a </span>bank<span> and a </span>customer<span>,whereby </span>deposits<span> and </span>debts<span> are </span>held<span> and processed within a </span>framework<span> of </span>established rules<span> and </span>procedures.<span>


<span /></span>
3 0
3 years ago
Read 2 more answers
For each situation listed below, indicate the effect on the debit and credit column of the trial balance.a. Journal entry for sa
Ray Of Light [21]

Answer and Explanation:

The indication of the following transactions are as follows in the trail balance

Particulars          Debit                   Credit

a.                     Overstated            Overstated

b.                     Understated          Overstated

c,                     Overstated             No effect

d.                    Overstated            Understated

e.                    Overstated            Understated      

These are the effects for each of the given transaction

5 0
2 years ago
Other questions:
  • Question 5<br><br> Industry is the supply side of the market.<br><br> A)True<br><br> B)False
    12·1 answer
  • Sol-tex has net income of $1,300,000 and 400,000 shares outstanding. it has preferred dividends of $300,000. what are the earnin
    15·1 answer
  • WILL GIVE BRAINLIEST! Why would someone choose to start a company as a Franchise rather than a Sole Trader or Partnership?
    6·1 answer
  • What is one way that critical thinking can help in career exploration?
    6·2 answers
  • Should all companies use blind recruiting in place of traditional recruiting, or are there exceptions that must be considered? ​
    15·1 answer
  • What is an economic indicator and why is it important? Use at least two complete sentences to provide your response.
    15·1 answer
  • Solomon Services Company has 69 employees, 29 of whom are assigned to Division A and 40 to Division B. Solomon incurred $413,310
    7·1 answer
  • Paula weeded 40% of her garden in 8 minutes. How many minutes will it take to weed all of her garden at this rate ?
    13·1 answer
  • Better Houses, Inc. has been contracted to build an addition on the Joyners' house. It built half of the addition and then unexp
    15·1 answer
  • Question content area preferred stockholders must receive their current-year dividends before the common stockholders can receiv
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!