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nordsb [41]
3 years ago
15

For each item listed below, indicate the effect on net income in arriving at cash flows from operations by choosing one of the f

ollowing code letters. Code Cash Flows from Operating Activities Add to Net Income A Deduct from Net Income D 1. A decrease in accounts receivable 2. Increase in inventory 3. Increase in prepaid expenses 4. A decrease in accounts payable 5. Decrease in accrued liabilities 6. Increase in income taxes payable 7. Depreciation expense 8. Loss on sale of investment 9. Gain on disposal of equipment 10. Depletion expense2) Please complete the following:Net Income......................................................................................... $177,000Adjustments to reconcile net income to net cash provided by operating activities:Depreciation expense, $15,000........................................................ _______Increase in accounts receivable, $45,000........................................... _______Increase in inventory, $22,000......................................................... _______Decrease in accounts payable, $11,800............................................. _______Increase in income taxes payable, $1,500.......................................... _______Gain on sale of land, $5,000............................................................ _______
Net cash provided (used) by operating activities.................................. _______
Business
1 answer:
Liono4ka [1.6K]3 years ago
6 0
1 2 5 são números par thank from e escreva-se
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All those are part of his marketing mix
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3 years ago
Why can the owner of a business withdraw assets from that business for personal use?
HACTEHA [7]
<span>Since the business owner, by definition, is the person who controls all those assets and is responsible for them, he/she can take parts of them home if they so choose. This is a way to manage resources, especially if those resources are still useful in some way.</span>
5 0
4 years ago
If the absolute price of good X is $10 and the absolute price of good Y is $14, then what is (a) the relative price of good X in
Yuri [45]

Answer:

 1X= 5/7Y

1Y= 7/5Y

Explanation:

Relative price of product of X in terms of product Y is the price of product X expressed a fraction of product of Y, that is $10/$14=5/7,and it is expressed in standard terms 1X=5/7Y

The relative price of  product Y in terms of product X is $14/$10=7/5 and also can be expressed in standard format as IY=7/5Y

All in all, product the relative price of product Y seems to be higher than the relative price of product x

8 0
3 years ago
Four roommates are planning to spend the weekend in their dorm room watching old movies, and they are debating how many to watch
denis-greek [22]

Answer:

1. Inside the dorm room, the movies are <em>Non-Rival</em> which means that one person can watch the movie and it will not diminish the ability of others to watch as well.

Also as they are all in the same dorm, the showing of the movie is <em>Non-Excludable</em> as well because no one can stop the other from watching.

Public good is both Non-Rival and Non-Excludable so the showing of a movie IS a public good.

2.

Musashi   Sean    Bob   Eric   Total Willingness to pay

10   9   8   3   30

8   7   6   2   23

6   5   4   1   16

4   3   2   0   9

2   1   0   0   3

The optimal number of movies that can be rented is dependent on their total willingness to pay. If their Total willingness to pay for the movie is above $8 which is the cost of a movie, then they will get it. From the table, the fifth movie is below the price of $8 so they <u>should rent 4 movie</u>s.

3. If they rent 4 movies and there are 4 of them then the cost per person is;

= (8 *4)/4 people

= 24/4

= $8

This means that each roommate will pay <u>$8</u>.

3 0
3 years ago
Toggle Company reported sales of $310,000 and cost of goods sold of $180,000 for 20X2. During 20X2, Toggle’s accounts receivable
kiruha [24]

Answer:

Cash Received from customers = $293,000

Cash payments to suppliers = $167,000

Cash flows from operating activities = $460,000

Explanation:

<u>Cash Received from customers is calculated as follows :</u>

Sales                                                      $310,000

Less Increase in accounts receivable  ($17,000)

Cash Received from customers         $293,000

<u>Cash payments to suppliers  is calculated as follows :</u>

Cost of goods sold                              $180,000

Decrease in Inventory                            $8,000

Decrease in Payable                            ($21,000)

Cash payments to suppliers                $167,000

<u>Cash flows from operating activities is calculated as follows :</u>

Cash Received from customers         $293,000

Cash payments to suppliers                $167,000

Cash flows from operating activities  $460,000

7 0
3 years ago
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