1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
attashe74 [19]
3 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]3 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]3 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

You might be interested in
The windsong automobile manufacturing company produces luxury automobiles made to order. the ownership of the firm recognizes th
notsponge [240]
The core job dimension which describes this work team is TASK IDENTITY.
Task identity refers to the overall extent to which an identifiable job is done from the starting point to the finish point by a single worker. Task identity is an important component of job satisfaction and employers use this technique to increase the satisfaction that the employees derived from their works.
6 0
3 years ago
Cavan Company prepared the following reconciliation between book income and taxable income for the current year ended December 3
nadezda [96]

Answer:

b. $80,000

Explanation:

The computation of the deferred portion of its provision for income taxes should be given below:

= $300,000 ÷ 3  years

= $100,000

Now

= 30% of $100,000 + 25% of $100,000 + 25% of $100,000

= $30,000 + $25,000 + $25,000

= $80,000

Therefore the option b is correct

5 0
2 years ago
Type the correct answer in the box. Spell all words correctly.
Cerrena [4.2K]

Explanation:

Donna is going to engage in

buying <u>raw materials</u>?

3 0
3 years ago
What piece of information is most helpful when you're comparing investments?
padilas [110]
The ROI percentages 

Hope this helps!
3 0
3 years ago
Lawrence Wright is slow in math. He has before him the equation of (ending value minus beginning value) and income return totall
Aleks [24]

The equation of (ending value minus beginning value) and income return totalled, then divided by beginning value is used to find "rate of return".

<h3>What is income returns?</h3>

The portion of a fund's total returns that came through income distributions is known as the income return. For bond funds, income return will frequently be larger than capital return, while for stock funds, it will typically be lower. The fund's total return is calculated by adding the income return and the capital return together.

Rate of Return- The net gain or loss of an investment over a given time period, stated as a percentage of the investment's starting cost, is known as a rate of return (RoR).

Some key features of rate of return are-

  • ROI is computed by first dividing the net return by the investment's cost, then multiplying the result by 100. This new number, which represents the net return, is then obtained by subtracting the investment's original value from its final value.
  • According to conventional thinking, a fair return on an investment in stocks is one that is at least 7 percent annually. Additionally, this relates to the S&P 500's average annual return when inflation is taken into account.

To know more about internal rate of return, here

brainly.com/question/24301559

#SPJ4

7 0
2 years ago
Other questions:
  • In the following examples, state how you would use the principle of marginal analysis to make a decision.
    6·1 answer
  • You are planning to save $1,000,000 for retirement over the next 30 years. If you are earning interest at the rate of 6% and you
    14·1 answer
  • Karen’s monthly cell phone bill is $75. What type of budget item would her cell phone bill be?
    11·2 answers
  • Becka borrowed $420 from her cousin at the rate of 8% per year. If the inflation rate was 2.5% that year, what is her cousin's a
    15·1 answer
  • Sales for January are budgeted at 50,000 units, and the company expects sales to increase 4% each month. How many units will nee
    7·1 answer
  • If cost of goods manufactured is $306,790, beginning work in progress inventory, $25,000, and cost to manufacture, $300,000, the
    14·1 answer
  • Application of science and research the human life environments
    7·2 answers
  • Which is not a type of payroll deduction?
    6·2 answers
  • Explain 3 factors that change supply elasticity.
    12·1 answer
  • QS 20-18 (Static) Schedule of cash receipts LO P2 X-Tel budgets sales of $60,000 for April, $100,000 for May, and $80,000 for Ju
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!