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ANEK [815]
3 years ago
7

Stormer Company reports the following amounts on its statement of cash flow: Net cash provided by operating activities was $28,0

00; net cash used in investing activities was $10,000 and net cash used in financing activities was $12,000. If the beginning cash balance is $5,000, what is the ending cash balance?
$55,000.
$45,000.
$31,000.
$6,000.
$11,000.
Business
1 answer:
mixas84 [53]3 years ago
6 0
The ending cash balance will be $11,000.

$28,000- $12,000
$16,000
$16,000-$10,000
$6,000
$6,000+$5,000
$11,000
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Answer:

Option A is the correct approach.

Explanation:

  • This is indeed a connection to compulsory tax and government expense stabilizers which weren't at the discretion including its government. Throughout the event of a recession, expenses are cut, rising discretionary income to something like the extent that the economic depression is pacified.
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The other options offered are also not relevant to the scenario presented. So, the solution above is the right one.

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3 years ago
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Answer:

C) a local school district

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So if someone is seeking for a grant to fight malnutrition, they should go to their local authorities first and get in touch with the school district.

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3 years ago
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Answer: <em>Cost of Goods Manufactured = $ 660,000</em>

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Direct labor                                                               $ 250,000

Manufacturing overheads applied                          $ 150,000

Total manufacturing Cost                                        $ 640,000

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7 0
3 years ago
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Hello, to get the current yield of the bond, determine first the<span> annual interest payment which is calculated as stated interest rate times the face value of the bond. In this question, the bond’s value is $1,000 and the stated interest rate is 6.5 percent, therefore, the annual interest payment is 65. Finally, the annual interest payment of 65 is divided by the current market price quote of 101.23 to get the current yield of 64.21%. Hope this helps.</span>

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