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borishaifa [10]
3 years ago
11

Given :

Business
1 answer:
KIM [24]3 years ago
8 0

Answer:  

Direct Method

          Operting Activities

$1,390 Cash Collected from Services

-$7,864 Cash to rent Equipment

-$0,864 Cash to repair facilities

$24,285  Collected from customers  

        Financing Activities

-$0,150  Repaid Long Term  

$16,797  Net Cash  

Explanation:

These others activities are not included because doesn't inclulde movements of cash.

(2) Purchased new equipment costing $3,434; signed a long-term note.

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when modifying commercial to meet accessibility requirements, owners should focus their attention on these four areas:

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3 0
1 year ago
Stella, Inc. purchased 75 telescopes for $25 each from Luna Co. When they unpacked the telescopes, Stella found
cupoosta [38]

Answer:

A. The company would debit the Allowance account instead of Purchase Returns.

Explanation:

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Purchases returns are goods that the company had purchased from suppliers but have returned them for some reason. They could be defective or inappropriate.

8 0
3 years ago
An investment project provides cash inflows of $615 per year for eight years. a. What is the project payback period if the initi
aksik [14]

Answer:

It will take 3 years and 66 days to pay for the initial investment.

Explanation:

Giving the following information:

Cash flows= $615 for 8 years

Initial investment= $1,750

<u>The payback period is the time required to cover for the initial investment.</u>

<u></u>

Year 1= 615 - 1,750= -1,135

Year 2= 615 - 1,135= -520

Year 3= 615 - 520= 95

Exactly:

(95/520)= 0.18*365= 66

It will take 3 years and 66 days to pay for the initial investment.

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3 years ago
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<span>Applicants describe how they handled specific problems and situations in previous jobs in a(n) behavioral structured interview.</span>
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3 years ago
Why does a bank sometimes hold excess reserves?
svetoff [14.1K]
The answer is d: to protect against high prices
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