Answer:
a. $118,000
Explanation:
When preparing a cash flow statement, using indirect method we add decrease in current assets and we deduct increase in current assets.
Here it is provided that income reported = $110,000
Opening balance of accounts receivables = $40,000
Closing balance of accounts Receivables = $32,000
Change in Accounts receivables = Closing - Opening = $32,000 - $40,000 = - $8,000
Therefore there is decrease in accounts receivables which is a current asset.
Thus Cash Flow from operating activities
Net Income = $110,000
Add: Decrease in current assets = $8,000
Net cash flow from operating activity = $118,000
Correct option is
a. $118,000
Pina adjusted cash balance on April 30 is $ 6,685
Solution:
Given,
As of April 30, Pina Colada Corp. has the following bank information:
Cash balance per bank $7600
Outstanding checks $460
Deposits in transit $900
Credit memo for interest $15
Bank service charge $30
Now To find Pina adjusted cash balance on April 30 :
Adjusted Cash Balance Formula is : Cash balance + Notes receivable - Check Printing - NSF Check
Adjusted Cash Balance = $7600+ $15 - $30 - $900
Adjusted Cash Balance = $ 6,685
Pina adjusted cash balance on April 30 is $ 6,685
Answer:
Without financial stability, and office can not function properly.
Explanation:
Ex:
unpaid light bill = dysfunctional office
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
Firm A’s worth as a stand-alone entity = $27,000
Firm B’s worth as a stand-alone entity = $12,000
But if Firm A acquired Firm B it’s increase worth of Firm B at $18000.
Firm A is acquired Firm B, this acquisition create value of
= $18,000 - $12000
= $6000.
With this acquisition equity holders of Firms received $18,000 which is $6,000 more than Firm B stand alone.
Answer:
it would be 10,000 for 4.00% interest for 4 years.
Explanation:
the reason is the amount would turn out at 10,824 dollars and you earned 824 dollars in income.
