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
Tile Depot, specializing in retail of construction materials, carries a popular flooring tile. The annual demand is estimated to
natta225 [31]

Answer: D. 500

Explanation:

The Economic Order Quantity (EOQ) refers to an efficient number of units that a company should order to minimize the total costs of inventory such as holding costs, order costs, and shortage costs.

It is calculated by the formula below,

EOQ = √ (2 * Annual demand * Ordering Cost / Holding Cost)

EOQ = √ (2 * 5,000 * 250 /10)

EOQ = 500 units.

The economic ordering quantity (EOQ) for this item is 500 units.

6 0
3 years ago
TO: All Employees SUBJECT: New Accounting Supervisor at KBL Toys, Starting August 4
satela [25.4K]
Uh maybe it quiero be
7 0
3 years ago
Read 2 more answers
Zappos trains, educates, and gives its employees the knowledge to make decisions in the workplace. this philosophy is referred t
Elenna [48]
The philosophy discussed above is called enabling.
Enabling is providing workers with the education and tools they need to make decisions. Companies can empower workers by enabling them with the knowledge to make decisions that will benefit the company and satisfy the customers in the long run. This will lead to increase in profitability. 
6 0
3 years ago
Jeremy operates a business as a sole proprietorship. The proprietorship uses the cash method of accounting. He decides to incorp
ollegr [7]

Answer:

$13,000

Explanation:

Given that:

Jeremy operates a business as a sole proprietorship which uses a cash method of accounting. Now he is planning transfer them into a new corporation in  exchange for its stock.

The assets are :

$10,000 of accounts receivable with a zero​ basis

have a basis of​ $20,000  and an FMV of​ $40,000

Liabilities

payable of $12,000

The note payable on medical equipment is​ $7,000.

Therefore , Jeremy's basis for his stock is : $20,000 -$7,000 = $13,000

since  that will reduce the  basis by amount of the note payable.

The liabilities payable will be deducted and taken care of by the corporation.

8 0
3 years ago
A sole proprietorship:
vovangra [49]

Answer:

D. has its profits taxed as personal income.

Explanation:

Characteristics of a sole proprietorship :

1. It Is Owned by one person

2. The onwer has an unlimited liability.

3. It doesn't usually have an unlimited life. It usually ends with the death of the owner.

4. Profits are taxed as personal income. 

5. It is very easy to form. It requires little legal cost.

3 0
3 years ago
Other questions:
  • A client will soon be completing a course of inpatient treatment for the treatment of schizophrenia. At what point should the ca
    14·1 answer
  • Linsenmeyer Company produces a common machine component for industrial equipment in three departments: molding, grinding, and fi
    7·1 answer
  • Support functions manage and improve the efficiency of an organization's conversion processes so that more value is created.
    5·1 answer
  • If the price of Product E decreasing by 9 % causes its quantity demanded to increase by 14 % and the quantity demanded for Produ
    12·1 answer
  • A cost that cannot be avoided or changed because it arises from a past decision, and is irrelevant to future decisions, is calle
    9·1 answer
  • A company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following data: D
    14·1 answer
  • Sunland Company reports the following operating results for the month of August: sales $382,500 (units 5,100), variable costs $2
    12·1 answer
  • Mark and Mike are having a few beers together. Mike tells Mark about his lifelong quest to find the elusive pink elephant in the
    5·1 answer
  • 13
    14·1 answer
  • The present value of a cash flow will _________ be less than the future dollar amount of the cash flow
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!