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
EleoNora [17]
3 years ago
11

Shamrock Company's accounts receivable arising from sales to customers amounted to $142000 and $124000 at the beginning and end

of the year, respectively. Income reported on the income statement for the year was $539000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Business
1 answer:
aleksandr82 [10.1K]3 years ago
8 0

Answer:

$557,000

Explanation:

Operating activities: It includes those transactions which affect the working capital. It means that the increase in current assets and a decrease in current liabilities would be deducted and a Decrease in current assets and an increase in current liabilities would be added.  

The computation is shown below:

= Income reported on the income statement + decrease in account receivable

= $539,000 + $18,000

= $557,000

The decrease in account receivable

= $142,000 in beginning of the year - $124,000 in end of the year

= $18,000

You might be interested in
Joel owns the following portfolio of securities. What is the beta for the portfolio?Company Beta Percent of PortfolioExxon-Mobil
alex41 [277]

Answer:

the beta of the portfolio is 1.1375

Explanation:

The computation of the beta of the portfolio is as follows:

= Company beta × portfolio percentage

= 0.95 × 0.40 + 1.20 × 0.35 + 1.35 × 0.25

= 0.38 + 0.42 + 0.3375

= 1.1375

Hence the beta of the portfolio is 1.1375

We simply applied the above formula so that the correct beta could come

7 0
3 years ago
An interactive, Internet-enabled system that allows individual customers to design their own products by answering a few questio
lara31 [8.8K]

Answer:

A. Choiceboard.

Explanation:

An interactive, Internet-enabled system that allows individual customers to design their own products by answering a few questions and choosing from a menu of product or service attributes, prices, and delivery options, is referred to as a choiceboard.

7 0
3 years ago
On July 1, Wildhorse Co. purchases 560 shares of its $5 par value common stock for the treasury at a cash price of $10 per share
vodomira [7]

Answer:

Please see the journal entries for the two treasury stock transactions.

Explanation:

• Purchase of treasury stock

Treasury stock Dr $5,600

To Cash account Cr $5,600

(Being the purchase of treasury stock that is recorded)

For recording the above, treasury stock was debited because it increased the treasury while cash credited because it decreased the assets.

• Sale of treasury stock

Cash account Dr $4,070

To Treasury stock Cr $3,700

To paid in capital- treasury stock Cr $370

Explanation

° Purchase of treasury stock

Treasury stock

= 560 shares × $10 per share

= $5,600

° Sales of treasury stock

Cash receipt

= 370 shares × $11 per share

= $4,070

Treasury stock

= 370 shares × $10 per share

= $3,700

Paid in capital treasury stock

= 370 shares × ($11-$10)

= $370

4 0
3 years ago
The information needed to identify lines and other symbols on a construction drawings can be found in the
serious [3.7K]
Where is the picture?
8 0
3 years ago
The short run is defined as A. a period of time of five years or less. B. the period of time in which all factors of production
allochka39001 [22]

Answer:

C. the period of time in which at least one factor of production is fixed.

Explanation:

  • The short-run is a condition, were some controls and market are not in fair equilibrium, some factors like the variables and other that are foxed have limited entry or exit to the industry.  
  • In the macroeconomics a long run is a time when the general price, and contractual wage rates, along with the expectations are adjusted entirely to the states of the economy. and this contrast to the short-run where the variable is not fully fixed or adjusted.
  • <u>The short-run for a firm will increase the production of the marginal costs is less than the marginal revenue. The transition from the short to the long-run market equilibrium may be done on considering the supply and demands.</u>
4 0
3 years ago
Other questions:
  • Cooley company's stock has a beta of 1.28, the risk-free rate is 2.25%, and the market risk premium is 5.50%. what is the firm's
    11·1 answer
  • Listed options on U.S. exchanges are available on all of the following currencies except:_________.A) Canadian dollar. B) Japane
    10·1 answer
  • Braxton Corp. has no debt but can borrow at 6.7 percent. The firm’s WACC is currently 8.5 percent, and the tax rate is 35 percen
    15·1 answer
  • Dusty would like to buy a new car in six years. He currently has $13,500 saved. He’s considering buying a car for around $17,500
    15·1 answer
  • A(n)__________is a branch of decision support systems (DSSs) that gives managers easy access to internal and external data and t
    12·1 answer
  • You are considering investing $1,000 in a complete portfolio. The complete portfolio is composed of Treasury bills that pay 5% a
    9·1 answer
  • Have my points uf7ttg vgh
    10·1 answer
  • Glacier Bicycle Company manufactures commuter bicycles from recycled materials. The following data for October are available: Qu
    7·1 answer
  • Pearson Electric Company uses the high-low method to analyze mixed costs. The following information relates to the production da
    9·1 answer
  • Blue Ice Inc. is an American corporation. The company started out as a partnership between Nick Selver and Rita Andrew in 1985.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!