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
bearhunter [10]
3 years ago
13

A company reports the amounts below in its statement of cash flows.

Business
1 answer:
ludmilkaskok [199]3 years ago
3 0

Answer:

C. 1.20

Explanation:

The total net cash flow consist of net cash flows from 3 activities namely; Operating activities, Investing activities and Financing activities.

Let the cash flows from operating activities be y

Therefore,

123,000  = y + 66,480  + 30,780  

y = 123,000 - 66,480  - 30,780  

y = 25,740

Current liabilities = (23,400 + 19,500)/2

                            = 21450

The company's operating cash flows to current liabilities ratio

= 25,740 /21450

= 1.20

You might be interested in
Given that Jacob's Chocolates Company had beginning retained earnings of $4,000; net income during the period of $10,000; and di
natta225 [31]

Answer:

C. $13,700

Explanation:

Given that;

Beginning retained earnings = $4,000

Net income during the period = $10,000

Dividends = $300

Computation of Ending balance in the retained earnings account

= Beginning retained earnings + Net income during the period - Dividends

= $4,000 + $10,000 - $300

= $13,700

Therefore, the ending balance in the retained earnings account is $13,700

5 0
2 years ago
Allison invested $23,000 in an account paying an interest rate of 6.7% compounded annually. Assuming no deposits or withdrawals
Vadim26 [7]

Answer:

18 years

Explanation:

Given that;

P= $23,000

A= $76,300

r= 6.7%

From

A = P(1 + r/100)^n

76,300 = 23,000 (1 + 0.067)^n

3.3 = (1.067)^n

Taking logarithm of both sides

log 3.3 = log (1.067)^n

log 3.3 = nlog(1.067)

n= log 3.3/log 1.067

n= 0.5185/0.0282

n= 18 years ( to the nearest year)

8 0
3 years ago
When firms purchase new capital we call this _____
tatuchka [14]

Answer:

Business fixed investment

Explanation:

The <u><em>purchase by firms of new capital goods</em></u> such as machinery, factories, and office buildings. (Remember that for the purposes of calculating GDP, long-lived capital goods are treated as final goods rather than as intermediate goods.) Firms buy capital goods to increase their capacity to produce.

6 0
3 years ago
Read 2 more answers
The Yamaha Aggressive Growth Fund has an expense ratio of 1.83 percent. If you invest $58,500 in this fund, what is the dollar a
astra-53 [7]

Answer:

$1070.55

Explanation:

Expense ratio is the fee charged by fund managers for managing your investment.

so if you invest $58,500 assuming no return this year, the fee deductible would be simply 1.83% of $58,500

This amounts to $1070.55

Hope this helps.

3 0
3 years ago
Ruben, the owner of Fitstem, a popular gym, analyzes the competition that the gym faces and understands the changing needs of it
Llana [10]
Planning skills is what I think
4 0
3 years ago
Other questions:
  • Which of the following communication network structures has the highest centralization?
    6·1 answer
  • which of the following statements about taxes is FALSE? A-Taxes are collected a the local, state and federal level. B-Some state
    11·2 answers
  • Cesario Corporation purchases a machine for $125,000. It has an estimated salvage value of $10,000 and is expected to produce 50
    15·1 answer
  • Who files one of the 1040 series of tax forms??
    14·2 answers
  • If the United States were to produce all of its own steel, rather than importing large quantities of steel from other nations, t
    8·1 answer
  • Assume that a speculator purchases a put option on British pounds (with a strike price of $1.50) for $.05 per unit. A pound opti
    5·1 answer
  • Sheffield Company has the following production data for March: no beginning work in process, units started and completed 30,500,
    14·1 answer
  • Can someone pls answer this economics question? (ignore that i have b selected)
    12·1 answer
  • A project that costs $25,000 today will generate cash flows of $8,600 per year for seven years. What is the project's payback pe
    15·1 answer
  • The variance that measures the amount of variable overhead that should have been saved (or incurred) because of the efficient (o
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!