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inn [45]
3 years ago
7

Vaughn Manufacturing reported net income of $1.5 million in 2017. Depreciation for the year was $153.008, accounts decreased $34

3,900, and accounts payable decreased $282,900 sige eg 15,000 orb,pare thesis eg.
Compute net cash provided by operating activities using the indirect approach (Show amounts that decrease cash flow with either.
Business
1 answer:
borishaifa [10]3 years ago
7 0

Answer:

..................................................Vaughn Manufacturing.......................................

Cash flows from operating activities 2017

Net Income.........................................................................$1,500,000

Adjustments to reconcile net income to Net Cash provided by Operating Activities  

Add Decrease in Accounts Receivable .........$343,900  

Less Decrease in Accounts Payable.............$(282,900)  

Add Depreciation.............................................$153,000....$214,000

Net cash provided by Operating Activities........................$1,714,000

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What is the last step of planing?​
Andrej [43]

Answer:

The last step in planning process is the implementation part. The planning should be put into action so that business objectives may be achieved. The implementation will require establishment of policies, procedures, standards and budgets.

7 0
3 years ago
Clara and Nathan have planned to merge their companies. They have met to put forth their respective proposals and the rationale
nikitadnepr [17]

Answer:

The correct answer is the option C: Clarification and justification.

Explanation:

To begin with, in the stage of <em>clarification and justification</em> of the negotiation process the parties do not need to be argumentative but instead they need to be educative to each other by showing the other what are the reasonable statements that are established in order to proove their positions on each argument done before. That is why, in this stage the positions of each party are discussed at length in order to comprehend what every party is supporting for and that is why this stage is called of ''justification''.

5 0
3 years ago
Rather than generating tax revenue as do tariffs, subsidies require tax revenue. Therefore, they are not an effective protective
KatRina [158]

Yes. Subsidies are benefits that the government can grant to institutions, households and businesses to promote economic efficiency and reduce market failures. They may be distributed through cash or by cutting tax rates. However, there is controversy about the effectiveness of using subsidies for the economy, often related to the inefficiency of promoting a free market, allocating resources that could be used for investment in productive resources and masking the results of economic efficiency. Another major concern with the use of subsidies is the formation of political alliances of those who receive them and those who provide them, creating political interests because of their use.

6 0
3 years ago
Zeus industries bought a computer for $2868. it is expected to depreciate at a rate of 18% per year. what will the value of the
Natali [406]
Year 1: $2351.76
year 2: $1928.44
year 3: $1581.32
year 4: $1296.69

Depreciation Amount = Asset Value x Annual Percentage

Decreased Value = Asset Value - Depreciation Value
5 0
3 years ago
Pab Corporation decided to establish Sollon Company as a wholly owned subsidiary by transferring some of its existing assets and
Burka [1]

Answer:

Debit : Cash $44,000

Debit : Inventory  $76,000

Debit : Land $109,000

Debit : Buildings $249,000

Debit : Equipment  $121,000

Credit : Accounts Payable $63,000

Credit : Shares (30,000 x $6) $180,000

Credit ; Gain on Bargain Purchase $356,000

Explanation:

Assets and liabilities are acquired at their Fair Value Amounts instead of Cost or Book Value.

A transfer of some of the asset of a Company is referred as a Asset acquisition transaction instead of Business Combination (Acquirer obtains control of one or more businesses).

This is an asset Acquisition Transaction and no consolidated Financial Statements will be prepared.

The excess of Net Assets Acquired over the consideration is called Gain on Bargain Purchase and this amounts to $356,000.

8 0
3 years ago
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