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Savatey [412]
3 years ago
7

Darwin Company, a manufacturer, has provided the following information pertaining to its recent year of operation: • Net income

$300,000 • Accounts receivable decreased $28,000 • Prepaid insurance increased $9,000 • Depreciation expense was $25,000 • Loss on sale of a building was $12,000 • Wages payable decreased $14,000 • Unearned revenue increased $21,000 Using the indirect method, how much was Darwin's net cash provided by operating activities?
Business
1 answer:
bearhunter [10]3 years ago
3 0

Answer:

$363,000

Explanation:

The computation of net cash provided by operating activities is shown below:-

Net Income                                               $300,000

Add: Depreciation                                     $25,000

Add: Loss on sale of Building                   $12,000

Add: Decrease in Accounts Receivable  $28,000

Add: Unearned revenue increased           $21,000

Less: Increase in prepaid expenses          ($9,000)

Less: Wages payable decreased               ($14,000)

Total Cash Flow from Operating Activities $363,000

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Idaho Industries Inc. is considering a project that has an initial aftertax outlay or aftertax cost of​ $450,000. The respective
lozanna [386]

Answer:

c

Explanation:

Internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested

IRR can be calculated using a financial calculator

Cash flow in year 0 =  $-450,000

Cash flow each year from year 1 to 4 = $95,000

Cash flow in year 5 = $95,000 + $60,000 = $155,000

IRR = 5.62%

Idaho would reject the project because the IRR is less than the hurdle rate

To find the IRR using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. After inputting all the cash flows, press the IRR button and then press the compute button.  

7 0
3 years ago
In regard to an operating budget identifiable costs may generally include _________.
PSYCHO15rus [73]

Answer:

Explanation:

Identifiable costs by definition are expenses that can be identified directly with a specific facility, activity or function. Operating budgets deal with short term expenses and expenses to be incurred in the next one year. Therefore, in regard to operating budget, identifiable costs may generally include cost of inventory, cost of fixed assets like land and equipment, supporting group and the direct care group wages.

6 0
3 years ago
6%/12%Your grandmother is giving you $100 a month for four years while you attend college to earn your bachelor's degree. At a 6
RoseWind [281]

Answer:

The answer is "0.39010989"

Explanation:

PMT= 100\\\\n= 4 \times 12 =48 \\\\r= \frac{6.0}{12}= 0.005

PV =?

PV= PMT\times \frac{(1-\frac{1}{1+r^n})}{r}

      =100 \times \frac{(1-\frac{1}{1+0.005^{48}})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{1+3.55})}{0.005}\\\\=100 \times \frac{(1-\frac{1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{4.55 -1}{4.55})}{0.005}\\\\=100 \times \frac{(\frac{3.55}{4.55})}{0.005}\\\\=100 \times 0.0039010989\\\\=0.39010989

3 0
3 years ago
7. Which situation indicates a mixed economy?
STatiana [176]

Answer:

C Services are provided by both private and public sectors.

Explanation:

In a mixed economy, the private sector has the freedom to participate in economic activities, although the government has a role to play.  A mixed economy allows the private sector to own the factors of production hence are free to decide what business they wish to run. Consumers have the liberty to select their suppliers.  There is competition in the market place as profits motivate entrepreneurs.

The government is involved in the provision of public goods such as roads, hospitals, and schools. It provides regulatory services to the private sector to ensure fairness in the economy.

5 0
3 years ago
A winning strategy is one that results in a company becoming the dominant industry leader. fits the company's internal and exter
Anastasy [175]

Answer:

The options are not properly aligned.Find the same question with proper alignment in the attached.

A winning strategy fits the company's internal and external situation, builds sustainable competitive advantage, and improves company performance.

Explanation:

For a strategy to be tagged a winning one,it must carefully take into the consideration the internal and external environments that the business operates in,such that internal strengths and weaknesses can be discovered as well as external opportunities and threats.

In addition, it must also consider the capabilities ans skills peculiar to the business that are difficult to imitate by others, in essence competitive advantage.

Above all, the strategy must positively impact the bottom-line,in that the business records positive strong performances period after period.

Download xlsx
4 0
3 years ago
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