All categories

3 years ago

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

In general, the ex-ante risk-return tradeoff

suter [353]

In general, the ex-ante risk return tradeoff is to slopes downward.

Answer is B.

Hopes it helped

5 0

3 years ago

When you compare prices for high definition televisions at various stores, you are using money as a(n)medium of exchange.standar

Mila [183]

Answer:

standard of value

Explanation:

The standard of the value permits all types of merchants and the economic entities to set the fix price for the goods and services in order to stable the economy

So as per the given situation since it is mentioned that in the case when you do the comparision for HD television so you are using the money via standard of value

So the same is relevant

4 0

3 years ago

Under what circumstances would a privately held company be obligated to make sec filings?

Ghella [55]

Public debt securities have been registered by the business is the circumstances would a privately held company be obligated to make sec filings.

<h3>What is public debt securities?</h3>

The owners of financial instruments referred to as debt securities are entitled to recurrent interest payments. In contrast to equity securities, debt securities demand repayment of the principal borrowed.

The interest rate on a debt security will be influenced by the borrower's perceived creditworthiness. Although there are many different types of debt securities, corporate and governmental bonds are among the most common.

Thus, Public debt securities have been registered by the business.

For more details about Public debt securities, click here:

brainly.com/question/15236346

#SPJ4

7 0

2 years ago

Custom Creations Furniture Company manufactures furniture at its Akron, Ohio, factory. Some of its costs from the past year in

exis [7]

Prime costs & manufacturing overhead costs for Comfy Furniture Company totaled $214,000 and $252,000 respectively.

The direct costs of production which includes raw materials and labor is known as "Prime Cost".

The computation of Comfy Furniture Company Prime cost is as follows:

Particulars Amount

Fabric used to upholster furniture $7,000

Freight-in (on raw materials) $2,500

Wages paid to assembly-line workers $132,500

Lumber used to build product $72,000

Total prime cost $214,000

The indirect costs of production which includes depreciation of equipment, salary and wages is known as "manufacturing overhead costs"

The computation of Comfy Furniture Company manufacturing overhead costs is as follows:

Particulars Amount

Depreciation on factory equipment $16,000

Factory supervisor salary $52,500

Lubricants used in factory equipment $3,000

Wages paid to factory maintenance workers $115,000

Utilities in factory $44,500

Total manufacturing overhead costs $252,000

See related question here

brainly.com/question/13405387

6 0

3 years ago

A key modifying assumption in internal control is that the internal control system is the responsibility of management.

adelina 88 [10]

Answer:

a) true

Explanation:

Internal control system is the whole system of control financial and otherwise established by management in order to carry on the business of the enterprise in an efficient and orderly manner and to secure the integrity of the records and books of accounts.

The internal control is a management control tools used to ensure efficiency in operations.

6 0

3 years ago