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Zanzabum
4 years ago
14

Innovative Products reported net income of $226,000. Beginning and ending inventory balances were $48,000 and $49,000, respectiv

ely. Accounts Payable balances at the beginning and end of the year were $39,000 and $34,500, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of:
Business
1 answer:
Maslowich4 years ago
4 0

Answer:

The correct answer is $220,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

We can calculate the net operating cash flow by using following formula:

Net operating cash flow = Net income - ( Ending - Beginning Inventory) - ( Beginning - ending in AP)

By putting the value, we get

= $226,000 - ( $49,000 - $48,000 ) - ( $39,000 - $34,500)

= $226,000 - $1,000 - $4,500

= $220,500

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How are squared top balusters used
Serjik [45]

Initially, the handrail would not be possible without the balusters. Balusters also fill in the spaces between the posts, making the railing safer by reducing the number of potential entry points for a person to fall over. Finally, balusters are an apparent way to give your railing some more flare in terms of both design and structure.

This is further explained below.

<h3>What are balusters?</h3>

Generally, Staircases, parapets, and other architectural elements often feature balusters, which are vertical molded shafts, squares, or lathe-turned forms. Its primary use is as a spindle in the assembly of furniture. Wood, stone, and metal or ceramic are typical building materials.

In conclusion, To start, the railing is held up by balusters. To further enhance safety, balusters fill up the spaces between the posts. Lastly, balusters are an apparent way to give your railing some more flare in terms of both design and structure.

Read more about balusters

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7 0
2 years ago
The allowance for doubtful accounts, which appears as a deduction from accounts receivable on a balance sheet and which is based
Dmitry [639]

The answer is<u> "b.expense recognition principle".</u>


The expense recognition principle expresses that costs ought to be perceived in indistinguishable period from the incomes to which they relate. On the off chance that this were not the situation, costs would probably be perceived as acquired, which may originate before or take after the period in which the related measure of income is perceived.  

The expense recognition principle is a center component of the gathering premise of bookkeeping, which holds that incomes are perceived when earned and costs when devoured. On the off chance that a business were to rather perceive costs when it pays providers, this is known as the money premise of accounting.

7 0
4 years ago
Describe three ways that globalization is having a negative impact on the environment
Alchen [17]

pollution

building up in countryside

over population

5 0
3 years ago
The development of a nationwide computerized job bank listing of all job openings would be most likely to reduce:
Molodets [167]

Answer: (2) Friction unemployment

Explanation:

  The friction unemployment is one of the type of unemployment in which the employees or workers are jobless and they are searching for the healthy and good economy.

It is also known as the searching unemployment process as it is differentiated from all the other types of unemployment. The following are the types of friction unemployment are as follows:

  • Cyclical unemployment
  • Structural unemployment

 According to the given question, the friction unemployment is one of the development computerized job process in which the employees search the job on the basis of employee interest.

Therefore Option (2) is correct answer.

       

3 0
4 years ago
Dufner Co. issued 14-year bonds one year ago at a coupon rate of 7.9 percent. The bonds make semiannual payments. If the YTM on
valentinak56 [21]

Answer:

Bond price= $1,210.4

Explanation:

Giving the following information:

Coupon rate= 0.079/2= 0.0395

YTM= 0.056/2= 0.028

Face value= $1,000

n= 13*2= 26

<u>To calculate the price of the bond, we need to use the following formula:</u>

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond price= 39.5*{[1 - (1.028^-26)]/0.028} + [1,000 / 1.028^26]

Bond price= 722.67 + 487.73

Bond price= $1,210.4

4 0
3 years ago
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