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blondinia [14]
3 years ago
14

Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net in

come $ 86,600 Depreciation expense 13,300 Gain on sale of land 7,000 Increase in merchandise inventory 3,350 Increase in accounts payable 7,450 Multiple Choice $15,350. $38,000. $97,000. $31,000. $16,350.
Business
1 answer:
alukav5142 [94]3 years ago
3 0

Answer:

The correct answer is $97,000.

Explanation:

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

We can calculate the net cash provided by using the following formula:

Net cash = Net income + Depreciation expense - Gain on sale of land - Increase in merchandise inventory + Increase in accounts payable

By putting the following value in the formula, we get

Net Cash = $86,600 + $13,300 - $7,000 - $3,350 + $7,450

= $97,000

Hence, the net cash provided is $97,000.

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Potential gdp in the u.s. will be unaffected by ____________________.group of answer choicestechnologythe amount of capital avai
Burka [1]

The potential GDP in the U.S. will be unaffected by the unemployment rate.

What is meant by potential GDP?

An estimation of the value of the output that the economy would have created if labor and capital had been engaged at their maximum sustainable rates—that is, rates consistent with steady growth and stable inflation—is known as potential GDP.

What is the unemployment rate?

The number of persons actively seeking work as a percentage of the labor force is used to calculate the unemployment rate in the United States. In July 2022, the US jobless rate dropped from 3.6% to 3.5%, the lowest level since February 2020, despite analysts' expectations that it would remain steady.

What causes a high unemployment rate?

Numerous factors, including those from the supply side—the worker—and the demand side—the employer—contribute to unemployment. High-interest rates, a worldwide recession, and a financial crisis could all have an impact on demand. Frictional unemployment and structural employment are major contributors on the supply side.

Learn more about potential GDP: brainly.com/question/15682765

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4 0
2 years ago
On January 1, 2021, Red Inc. issued stock options for 250,000 shares to a division manager. The options have an estimated fair v
inn [45]

Answer: $583,333

Explanation:

Compensation expense for 2021 = Total compensation / Vesting period

Total compensation:

Assuming the goal given is probable, the total compensation is:

= Number of shares * fair value

= 250,000 * 7

= $1,750,000

Vesting period = number of years goal is to be in effect = 3 years

Compensation expense 2021 = 1,750,000 / 3

= $583,333

3 0
3 years ago
At Scorla Automobiles, a few machines in the assembly section were faulty and had to be shut down till they were repaired. This
allochka39001 [22]

Answer:

Internal failure costs

Explanation:

Internal failure costs are those costs that occur because of product failure when quality of goods is reviewed.

This occurs before goods are released from the factory for use by the consumer.

Discovery of these failures is done by the internal inspection team of the company.

We have 4 costs of quality: preventive cost, appraisal cost, external failure cost, and internal failure cost.

In this scenario a few machines in the assembly section were faulty and had to be shut down till they were repaired, resulting in reduced the output of automobiles for the quarter.

The incurred cost is internal failure cost

4 0
3 years ago
Which behaviors might lead someone to have a low credit score?
Gnesinka [82]
To return something and get money back
6 0
3 years ago
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Stan is an investment manager. He has recieved money from various investors with a promise of very high returns on their investm
Mama L [17]

Answer:

(a) operating a Ponzi scheme

Explanation:

Ponzi scheme -

It is a type of fraud , which attracts investors for getting better profit in returns , is referred to as Ponzi scheme.

These schemes , attracts investors , with fake promise and exceptional deals , and then does not fulfil , any promise , and can lead to a big scam.

Hence , from the question, the example shown is about a Ponzi scheme.

4 0
3 years ago
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