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katovenus [111]
3 years ago
14

Accounts receivable arising from sales to customers amounted to $80,000 and $65,000 at the beginning and end of the year respect

ively. Net income reported on the income statement for the year was $150,000. Exclusive of the effect of other adjustments, the cash inflows from operating activities to be reported on the statement of cash flows are: a.$259,000. b.$200,000. c.$120,000. d.$165,000.
Business
1 answer:
Fittoniya [83]3 years ago
4 0

Answer:

d. $165,000

Explanation:

Basically there are three types of activities:

1. Operating activities: It includes those transactions which affect the working capital, and it records transactions of cash receipts and cash payments.

2. Investing activities: It records those activities which include purchase and sale of the fixed assets

3. Financing activities: It records those activities which affect the long term liability and shareholder equity balance.  

The computation is shown below:

Cash flow from Operating activities  

Net income                   $150,000

Add: Decrease in accounts receivable $15,000      ($65,000 - $80,000)

Net Cash flow from Operating activities           $165,000

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Snowcat [4.5K]

Answer:

18.80%

Explanation:

Data given

Risk free rate = 4%

Beta = 1.85

Market return = 12%

The computation of rate of return is shown below:-

Using CAPM

Rate of Return = Risk free rate + Beta × (Market return- Risk free rate)

= 4% + 1.85 × (12% - 4%)

= 4% + 1.85 × 8%

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Therefore for computing the rate of return we simply applied the above formula.

6 0
3 years ago
Wyatt Co. has a probable loss that can only be reasonably estimated within a range of outcomes. No single amount within the rang
anygoal [31]

Answer:

D. The minimum of the range

Explanation:

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Furthermore, since it is reasonable within a rang of outcomes, Accounting Standards Codification Topic 450 (of the Financial Accounting Standard Board) dictates the amount to be accrued should be the better estimate of all amounts within the range.

The standard further states that in a situation where a better estimate can not be determined among the other amounts within the range then the amount accrued should be the one at the range's low end or the minimum amount of the range.

All these criteria shows that Wyatt CO's loss should accrue the minimum amount in the range

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3 years ago
Mr. and Mrs. Atoll are planning a party for 10 people and want to make sure they have enough soda for everyone to have two bottl
Rama09 [41]

Answer:

3. one case of 24 sodas @ $ 18.50

Explanation:

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Now comparing the various pack sizes available:

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The per serving costs are the same in 3 & 4 above, however, since the requirement is to have 20 sodas and the overall costs as well as the per serving costs is the best in option 3, this is the preferred option.

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3 years ago
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Alenkasestr [34]

Answer:

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