All categories

3 years ago

Lacey Company prepared the tabulation below at December 31, 2022. Net Income $310,000

Business

1 answer:

valentinak56 [21]3 years ago

5 0

Answer:

Net cash provided by operating activities is $325,000.

Explanation:

Lacey Company

Cash Flow Statement (Operating Activities Only)

December 31, 2022.

<u>Details Amount ($)</u>

Net Income 310,000

Depreciation expense 45,000

Increase in accounts receivable (55,000)

Decrease in inventory 12,000

Increase in accounts payable 6,000

Increase in prepaid expenses (4,000)

Decrease in income taxes payable 3,500

Gain on disposal of land <u> 7,500 </u>

Net cash provided (used) by operating activities <u> 325,000 </u>

You might be interested in

Hilton's, a home-improvement store chain, reported these summarized figures:_______.

Nataly_w [17]

Answer:

a. 2017 ⇒ 1.50

2016 ⇒1.58

b. Deteriorate

Explanation:

a. Current ratio 2017

= Current Assets / Current liabilities

= 6,708,700 / 4,470,000

= 1.50

Current ratio 2016

= 5,848,000 / 3,700,000

= 1.58

b. The current ratio went from 1.58 in 2016 to 1.50 in 2017 which would mean that it deteriorated.

8 0

2 years ago

Which company attribute increases in value as stakeholders view that company in a positive light?

valentinak56 [21]

The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

<h3>What is the The company attribute about?</h3>

Goodwill by a firm is known to be one that needs to be earned or made in a given time period.

Note that it is one that is seen as the tool for success and profitability. A company's name, as well as their corporate logo, and their trademark will help to increase in value as stakeholders view of the company.

Therefore, The company attribute that increases in value as stakeholders view that company in a positive light is company name or logo.

Learn more about company logo from

brainly.com/question/3686713

#SPJ1

4 0

1 year ago

Anna-Marie senses that one of her employees feels excluded from the rest of the group. She is surprised by this, as she believes

cricket20 [7]

The best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.

Talking to the employee will reveal if they are out-group members and enable Anna-Marie to understand their views.

<h3>Who is an out-group member?</h3>

An out-group member is an individual in an organization who does not identify themselves as part of the group or unit.

An out-group member does not pursue the same goals as other group members and most times feels excluded from the group.

<h3>Answer Options:</h3>

A- She should talk to the employee to understand their perspective.

B- She should redistribute the company policy describing inclusion expectations.

C- No action is required; she is already acting ethically.

D- She should start documenting her efforts at inclusion.

Thus, the best action that Anna-Marie should take next is <u>A- She should talk</u> to the employee to understand their perspective.

Learn more about out-group members at brainly.com/question/7548841

3 0

1 year ago

PLEASE HELP ME

Olin [163]

Answer:

i clicked on this when i didnt mean to and i dont know how to exit

Explanation:

6 0

2 years ago

How is a game restarted if the ball is kicked out of bounds over the goal-line by the defensive team in soccer?

svp [43]

Answer:

If the ball goes over the goal line (end line), but not into the goal, and was last touched by the attacking team, it is put back into play by the defending team with a goal kick.

6 0

2 years ago