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
IrinaVladis [17]
3 years ago
9

Zokro, a nongovernmental not-for-profit organization, uses the indirect method to prepare its statement of cash flows. In determ

ining its net cash provided (used) by operating activities, Sokro must add back which of the following to the change in net assets?
A. Purchase of equipment.
B. Payment on long-term debt.
C. Depreciation.
D. Decrease in accounts payable.
Business
1 answer:
pogonyaev3 years ago
8 0

Answer:

C. Depreciation.

Explanation:

The Indirect method reconciles the Operating Profit to the Operating Cash flow by adjusting the following items - (1) Non-cash items previously added or deducted from Operating Profit and (2) Changes in Working Capital.The only item added back on the list is depreciation - non-cash item previously deducted from Operating Income.

You might be interested in
Hello kumusta ang lahat
Ira Lisetskai [31]

Answer:

hello right back to to you

whats up?

3 0
2 years ago
You plan to borrow $40,000 at a 6% annual interest rate. The terms require you to amortize the loan with 7 equal end-of-year pay
STALIN [3.7K]

Answer:

Interest for second year $2,114.08

Explanation:

given data

loan Amount = $40,000.00  

Interest rate r = 6.00%  

time period t = 7  

solution

we get here first Equal Monthly Payment EMI that is express as

EMI = \frac{P \times r \times (1+r)^t}{(1+r)^t-1}      ................1

here P is Loan Amount and r is rate and t is time period  

put here value and we get  

EMI = \frac{40000 \times 0.06 \times (1+0.06)^7}{(1+0.06)^7-1}    

EMI = $7165.40  

now

we get here interest for second year that is

Closing balance at year 1 = opening balance + Interest - EMI Payment

Closing balance at year 1 =  $40,000  + $2400 - $7165.40  

Closing balance at year 1 =   $35234.60

so Interest for second year $2,114.08

8 0
3 years ago
Brevard Company uses the weighted-average method in its process costing system. The Packaging Department started the month with
kipiarov [429]

Answer:

For conversion costs, the equivalent units of production are 1,610 units. The right answer is B

Explanation:

According to the given data we have the following:

begging work in progress = 280  units

units started=1450 units

Therefore, total input= 280  units + 1450 units

Total input = 1730  units

There is end work in process of 120 units

Therefore, the equivalent units of production are=Total input-end work in process

The equivalent units of production=1,730 units-120 units

The equivalent units of production=1,610 units

For conversion costs, the equivalent units of production are 1,610 units

4 0
3 years ago
The december 31, 2015, balance sheet of maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $9
Vitek1552 [10]

Net working capital is the difference between the Total Current Assets and Total Current Liabilities.

The December 31, 2015, balance sheet of Maria's tennis shop, inc., showed current assets of $1,145 and current liabilities of $935.

Hence, Net working capital as on December 31, 2015 shall be (1145-935) = $210


The December 31, 2016, balance sheet showed current assets of $1,360 and current liabilities of $1,035.

Hence, Net working capital as on December 31, 2016 shall be (1360-1035) = $325


So the change in the net working capital in the year 2016 shall be (325-210)= <u>$115</u>







7 0
3 years ago
The price of a stock on February 1 is $84. A trader buys 200 put options on the stock with a strike price of $90 when the option
Andrews [41]

Answer:

The net loss of the trader amounts to $1,000, which means the correct option is A

Explanation:

The payoff is computed as:

Payoff = Strike price - Option's Stock price

where

Strike price is $90

Option's Stock Price is $85

Putting the values above:

Payoff = $90 - $85

= $5 per option

The trader bought 200 options, so the payoff would be:

Payoff = Options × Price per option

= 200 × $5

= $1,000

And the option cost would be:

Option cost = Options × Option Price

= 200 × $10

= $2,000

So, there computing net loss or gain as:

Net loss or gain = Payoff - Option cost

= $1,000 - $2,000

= $1,000 ( net loss)

Therefore, the correct option is A

7 0
3 years ago
Other questions:
  • When buyers refuse to pay a product’s stated price or when improvements in other items or fashion changes reduce the appeal of t
    11·1 answer
  • Judd owns a struggling farm that is not making a lot of money. He wonders if he is doing something wrong and brings in an expert
    5·2 answers
  • If you're a manufacturer, and you want to showcase your product in a store that has a narrow but deep selection of merchandise a
    10·1 answer
  • Deferred revenue is revenue that is a.not earned and the cash has not been received b.not earned but the cash has been received
    8·2 answers
  • If Jordan drives an average of 11,234 miles a year, how many miles will she have on her car in seven years?
    12·2 answers
  • Jill lives in a large metropolitan area. She is thinking about starting a senior citizen van service, where she will pick up sen
    9·1 answer
  • The account, Stock Investments, is:________.
    5·1 answer
  • Materials from a source text without property citing the source is an example of plagiarism -(drivers Ed).
    7·2 answers
  • Select the correct answer from each drop-down menu.
    8·1 answer
  • The security that represents the residual ownership of a firm and has no priority in bankruptcy is called:________
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!