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xxTIMURxx [149]
3 years ago
11

California has an average rainfall of 3 inches for the month of January. This year California had over 12 inches, which is equiv

alent to what percentage increase?
Business
1 answer:
crimeas [40]3 years ago
8 0
Does not belong in high school
12/3 = 4 
we - 1 because 3 inches annually (100% increase would mean 6 inches)
300% increase


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Macrosoft Company reports net income of $61,000. The accounting records reveal depreciation expense of $76,000 as well as increa
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Answer:

Cashflow from Operating Activities                  $

Net income                                                         61,000

Add: items not involving movement of cash

Depreciation                                                    <u>76,000</u>

                                                                          137,000

Changes in working capital:

Increase in prepaid rent                                   (56,000)

Increase in accounts payable                           <u>11,000</u>

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Less: Tax                                                           <u>  16,000</u>

Cashflow from operating activities                   <u> 76,000</u>

Explanation:

Cashflow from operaing activities  using the indirect method equals net income plus depreciation minus increase in prepaid rent plus increase in accounts payable minus tax.

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