Answer: $87,300
Explanation:
Net cash provided by operating activities are those that are generated from the operations of the company.
The calculation is:
= Net income + Depreciation - Accounts receivable increase - accounts receivable decrease
= 87,300 + 9,700 - 5,820 - 3,880
= $87,300
Answer:
100%
Explanation:
the money would decrease to 4500$ and the ratio of 500 is 10% so its maximum would be 100% that is 10000$
Answer:
The correct answer is option (B).
Explanation:
According to the scenario, the given data are as follows:
Net income = $110,000
Dividends paid = $60,000
Common stock owns = 15%
So, we can calculate the income for particular investment by using following method:
Income to be recognized = Dividends paid × Common stock owned
by putting the value, we get
= $60,000 × 15%
= $60,000 × 0.15
= $9,000
Hence, the income to be recognized on this investment is $9,000.
Answer:
The percentage change in net income was smaller in 2017 than 2016.
Explanation:
The percentage change in net income in 2016 was:
⇒ 150/120 -1 = 0.25 or 25%.
Whereas, the percentage change in net income in 2017 was:
⇒ 170/150 -1 = 0.1333 or 13.33%.
Hence, this statement is correct that percentage change in 2017 was 13.33% which was smaller than percentage change of 25% in 2016.
Reducing the use of Ozone depleting substances and turning to the use of renewable energy sources.