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attashe74 [19]
2 years ago
6

In 2013, Salvage Yard Inc. had cash flows from investing activities of ($250,000) and cash flows from financing activities of ($

150,000). The balance in the firm's cash account was $90,000 at the beginning of 2013 and $105,000 at the end of the year. What was Salvage Yard Inc.'s cash flow from operations for 2013?
Business
2 answers:
PIT_PIT [208]2 years ago
7 0

Answer:

$415,000

Explanation:

Following is the formula for cash flow:

<em>Ending Cash Balance = CFO + CFI + CFF + Beginning Cash Balance</em>

<em>CFO = Cash flow from operating activities</em>

<em>CFI = Cash flow from investing activities</em>

<em>CFF = Cash flow from financing activities</em>

We can easily rearrange the formula to find CFO

<em>Ending Cash Balance - CFI - CFF - Beginning Cash Balance = CFO </em>

<em>or </em>

<em>CFO = Ending Cash Balance - CFI - CFF - Beginning Cash Balance</em>

<u>Solution</u>

CFO=105000-(-250000)-(-150000)-90000

<em>CFO = $415,000</em>

Kobotan [32]2 years ago
5 0

Answer:

Cash flows from operation activities : $505.000

Explanation:

The equation says:

Cash flows from operation activities + cash flows from investing activities + cash flows from financing activities = Cash account

Let's replace in the equation:

Cash flows from operation activities – 250.000 – 150.000 = 105.000

Cash flows from operation activities = 105.000 + 250.000 + 150.000

Cash flows from operation activities = 505.000

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The ratio of estrogen to progesterone remains constant throughout pregnancy into labor. false true
kati45 [8]

False, The ratio of estrogen to progesterone does not remains constant throughout pregnancy. Estrogen levels rise and progesterone levels fall in preparation for labor to begin.

<h3>What is Estrogen and progesterone ?</h3>

The two key hormones in a woman's body are progesterone and estrogen. These steroid hormones are in charge of giving the body its unique female traits.

The ovaries are a pair of ova-producing organs that support the health of the female reproductive system by creating egg cells.

The ovaries are an endocrine gland that secretes hormones, notably estrogen and progesterone, that are essential for normal reproductive development and fertility in addition to their function in ova production.

Therefore, it is False that, The ratio of estrogen to progesterone remains constant throughout pregnancy into labor.

Learn more about Estrogen here:

brainly.com/question/28202257

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5 0
1 year ago
Lent Corporation converts to S corporation status in 2018. Lent had been using the LIFO inventory method and held a LIFO invento
Licemer1 [7]

Answer:

The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250

The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns

Explanation:

FIFO Value/basis =$650000

LIFO value/basis =$510000

Difference =$140000

35% Tax =$140000*35% = $49000

The tax that must be added to the C corporation tax liability for the year before the S election = $49000*1/4=$12250

The rest of the three instalments of $12250 each will be paid with Lent Corporation's next three tax returns

7 0
2 years ago
A group of processes that seeks to combine the characteristics and advantages of more than one of the classic processes is known
olga55 [171]

Answer:

B. Hybrid manufacturing process

Explanation:

A group of processes that seeks to combine the characteristics and advantages of more than one of the classic processes is known as a <u>Hybrid manufacturing process</u>. In a hybrid manufacturing process, two types of processes are being combined in a single machine. The combined process consists of the features of the both of the processes being performed simultaneously.

5 0
3 years ago
In February of the current year, Paul and Jean, a married couple, cashed a qualified Series EE savings bond they bought in Novem
Sergeeva-Olga [200]

Answer:

Explanation:

Calculation of amount of interest income Paul and Jean can exclude =I \frac{E}{P+I}

where I = interest received, E = educational expenses, P = principle.

Proceeds received                                 $7,132  

Principle                                                         $5,000  

Interest                                                         $2,132  

Qualified Higher Educational expenses $4,000

=2132*(4000/(5000+2132))= $1,195.74  

Answer is 1,195.74 exclusion

4 0
2 years ago
On June 1, 2015 Heloise gave Henrietta a gift of stock worth $10,000. Heloise had purchased the stock on January 1, 2015 for $13
padilas [110]

Answer:

$500 short-term capital gain

Explanation:

Henrietta's gain = selling price - stock's basis = $13,500 - $13,000 = $500

Since Henrietta received the stocks on June 1, 2015, and sold them on January 1, 2016, only 7 months had passed, therefore, this transaction would be considered a short term capital gain.

When a gift is sold (in this case the stocks), a taxpayer can use the basis for computing gains. If the stocks were sold at a loss, Henrietta should use the lower value (at the moment of the gift) to determine her loss.

3 0
2 years ago
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