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
VladimirAG [237]
3 years ago
9

JBS Inc. recently reported net income of $4,750 and depreciation of $885. How much was its net cash provided (used) by operation

s, assuming it had no amortization expense, added $200 to inventories, sold none of its fixed assets, and had a $200 increase in accounts payable
Business
1 answer:
stepan [7]3 years ago
7 0

Answer:

net cash provided is $5,635

Explanation:

                                                  Amount ($)

Net Income                                 4,750

Depreciation                                  885

Change in inventory                     (200)

Change in accounts payable    <u>    200 </u>  

Net cash flows from Operation<u>   5,635</u>

The depreciation is a none cash item that was initially deducted to get the net income, hence it is added back in the cash flows statement.

An increase in inventory represents an outflow of cash hence the negative value. The increase in trade payable is an increase in a liability representing an inflow of cash hence it is positive.      

You might be interested in
If the company budgets to need 4000 units to sell for a month, has a beginning inventory of 1000 units and a desired ending inve
Alecsey [184]

Answer:

5,500 units

Explanation:

The computation is shown below:

Given that

Need to sell the units in a month = 4,000 units

Beginning inventory = 1,000 units

Desired ending inventory = 2,500 units

So, by considering the above information, the units to be produced is

= Desired ending inventory + need to sell the units in a month - beginning inventory

= 2,500 units + 4,000 units - 1,000 units

= 5,500 units

5 0
3 years ago
Roseanna asked Henry, one of her team members, to purposefully think of and voice criticisms as the group discussed a popular id
enot [183]

Answer:

Devil's advocacy.

Explanation:

Devil's advocacy is defined as a person who pretends in a discussion. He/she pretends to be against an idea or plan many people support so as to make people discuss it in more detail. Here Rosana uses devil's advocacy on Henry by telling him to criticize the group's discussion.

8 0
3 years ago
 Margaret, a vegetarian, is looking for a mushroom with a meaty texture to grill and eat instead of a hamburger. Which of the fo
storchak [24]
C. Portobello, is a good example of a mushroom with a meat like texture.
4 0
3 years ago
Read 2 more answers
You purchase one IBM July 120 put contract for a premium of $3. You hold the option until the expiration date when IBM stock sel
ZanzabumX [31]

Answer:

Loss on putting for long time = $300 (Loss )

Explanation:

Given:

Strike price = $120

Stock price = $123

Premium amount = $3 per share

Realize on investment = ?

Computation of realizing on investment:

Given that strike price is lower than the stock price, So premium paid considers as a loss.

Loss on putting for long time = $3 × 100

Loss on putting for long time = $300 (Loss )

7 0
3 years ago
To understand how the weights of the cereal boxes vary among four different adjustable stabilizer settings of the rotary valve o
malfutka [58]

Answer:

The correct answer is letter "B": the independent variable.

Explanation:

Multiple regression is a mathematical model used concerning two or more variables when one value is to be used. The independent variable is the reason for the research, and the variables are dependent when they represent the value factors that need to be evaluated and are why the analysis is being carried out.

In the example,<em> the independent variable is the weight of the boxes</em> and <em>the dependent variables are the adjustable stabilizer settings of the rotary valve on the filling machine in three different production shifts</em>.

8 0
3 years ago
Other questions:
  • Marco Nelson opened a frame shop and completed these transactions: Marco started the shop by investing $40,200 cash and equipmen
    12·1 answer
  • The program whereby taxes are deducted from employees' checks, proceeds are put into a trust fund, and distributed to the elderl
    12·1 answer
  • Now, suppose that, rather than immediately lending out all excess reserves, banks begin holding some excess reserves due to unce
    7·2 answers
  • In the labor market, the supply curve represents A) the workers and the demand curve represents the product of the labor. B) the
    5·1 answer
  • What is the meaning of market in economics
    14·1 answer
  • Which leadership style best describes this Spider-Man? Why?
    5·1 answer
  • 50 POINTS
    14·2 answers
  • When certain brands are exclusively targeted to certain demographic groups, that is part of this market
    14·1 answer
  • Due to a downturn the wage of entry level workers has declined by 10 per cent, as a
    15·1 answer
  • As more and more firms around the world tighten their corporate governance mechanisms by setting up boards of directors made up
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!