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lisabon 2012 [21]
3 years ago
6

Bonds were retired during 2016 at face value, plant and equipment were acquired for cash, and common stock was issued for cash.

Depreciation expense for the year was $35,000. Net income was reported at $26,000.
(1) Prepare a statement of cash flows for 2016 using the indirect method in the Operating Activities section.
(2) Did Chrisman generate sufficient cash from operations to pay for its investing activities
Business
1 answer:
Zanzabum3 years ago
7 0

Answer:

Using Indirect Method

1. Cashflow from operating activities    $

Net income                                        26,000

Add: Depreciation                             35,000

Cashflow from operating activities   61,000

2. Chrisman has generated sufficient cashflow from operating activities to pay for its investing activities.

Explanation:

Cashflow from operating activities equals net income plus adjustment for items not involving movement of cash such as depreciation.

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lack of property rights diminish economic growth. diminish economic growth. increases productivity. increases productivity. enco
nikdorinn [45]

The answer is diminish economic growth.

  • The lack of property rights will produce difficulties in the daily lives of the people, and they will not be rectified unless the government intervenes with some property rights, because everyone would grab the property with power because the property rights are not there to claim the rights.
  • Negative growth is defined as a drop in a company's revenues or earnings, or a drop in an economy's GDP in any quarter. Negative growth is characterized by declining wage growth and a decline of the money supply, and economists consider negative growth as a precursor to a future recession or depression.
  • Economists usually believe that four variables drive economic development and growth: human resources, physical capital, natural resources, and technology.

Thus this is the meaning of diminish economic growth.

To learn more about economic growth, refer: brainly.com/question/18964806

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11 months ago
____ are examples of public goods provided by the government. They are accessible to all (even those
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The answer is A.- Roads, Mail delivery, and education
5 0
2 years ago
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Goods or services in standard-cycle markets reflect: a. numerous first-mover advantages. b. organizations that serve a mass mark
kogti [31]

Answer:

Option b.

Explanation:

In standard cycle, competitive actions are designed to serve large market shares, to gain customer loyalty and to control the firm's operations which in turn provide the same positive experience to customers.

Goods or services in standard-cycle markets reflect <u>organizations that serve a mass market.</u>

Standard-cycle markets refer to the markets where the firm's competitive advantages are shielded from imitation such that those advantages can be sustained longer but for a shorter period.

These advantages can be sustained for longer period in a slow-cycle market  than in fast-cycle markets.

Competitive advantages are sustainable in slow-cycle as these are shielded from imitation for longer periods of time such that imitation is costly.

Option b. is correct

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7 0
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Nichols Corporation's value of operations is equal to $600 million after a recapitalization (the firm had no debt before the rec
Daniel [21]

Answer:

The answer is $750 millions

Explanation:

After recapitalization, the Weight of Debts of Nichols Corporation is 25%. Hence, its Weight of Equity Capital is: 100% - 25% = 75%.

The formula of Value of Operations as follows:

Value of Operations = Weight of Debts x Value of Debts + Weight of Equity Capital x Value of Equity Capital

Because Nichols Corporation's value of operations is equal to $600 million after recapitalization, we have the following equation with S as the value of equity after the recap:

600 = 25% x 150 + 75% x S

=> S = (600 - 25% x 150) / 75% = 750

8 0
3 years ago
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