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
Zinaida [17]
3 years ago
12

Selected data for Kris Corporation’s comparative balance sheets for Year 1 and Year 2 are as follows:

Business
1 answer:
Mandarinka [93]3 years ago
3 0

Answer:

Correct option : c. a decrease of $150,000

Explanation:

Based on the information given in Year 1 inventory shows the amount of $100,000 while the inventory in Year 2 shows the amount of $250,000 which simply means that inventory that is purchased is higher than the inventory that is sold which will inturn lead to outflow of cash because cash is been paid , hence cash will decreased by the amount of $150,000($100,000-$250,000).

Therefore the cash flow from accounts receivable would be recorded as:a decrease of $150,000

You might be interested in
e. suppose the government changes the tax law so that individuals can now deduct the cost of health insurance from their persona
Elis [28]

Answer:

The amount of taxes owed by Vanessa won't alter. She will be able to purchase health insurance for $5000. She won't favour HeadBook anymore while purchasing insurance.

Explanation:

Vanessa's taxable income won't change as a result of the fact that people can now deduct the expense of health insurance. As a result, she will still owe the same amount of income tax (so that her taxes paid will increase by zero dollars.) The cost of her health insurance will be $5000. As she can now afford just as much if HeadBook gives her the $5000 raise as if HeadBook spent the $5000 directly buying her health insurance, she will no longer prefer for HeadBook to purchase insurance for her.

Learn more about Vanessa visit: brainly.com/question/27703998

#SPJ4

3 0
1 year ago
Good night everyone!! 30 points!
Vladimir79 [104]

Answer:

Good night

Explanation:

7 0
3 years ago
Read 2 more answers
Which of the following is NOT an advantage of international acquisitions over the establishment of a new subsidiary? a. The firm
Studentka2010 [4]

Answer:

c. International acquisitions are generally cheaper than the establishment of a new subsidiary.

Explanation:

  • An international acquisition is a company that buys and takes control of the other company and business is pwned and consolidated in to with other entities and despite the improvement in the performance of the mergers.  
  • The acquisitions often disappoint the companies that need to have a stable decision-making process and the problem of the fragmentation and integration are most complexes that needed to be handled thus acquisitions are not cheap er to establish.
3 0
3 years ago
How many lbs. of potatoes does of mcdonald's use in a year?
steposvetlana [31]
More than 3.4 billion lbs.
5 0
4 years ago
Accompanying the bank statement was a debit memorandum for an NSF check received from a customer. This item would require an adj
tamaranim1 [39]

Answer:

The correct answer is debit accounts receivable, credit cash.

Explanation:

Note debit is a receipt that a company sends to its client, in which it is notified that it has charged or debited a certain sum or value in its account, for the concept indicated in the same note. This document increases the value of the debt or account balance, whether due to an error in billing, interest for late payment, or any other circumstance that means an increase in the balance of an account.

6 0
3 years ago
Other questions:
  • Ruby enterprises ltd. has long-term bonds worth $20 million, retained earnings of $45 million, accounts payable of $10 million,
    6·1 answer
  • Select all the guidelines you should follow when changing the format of a spreadsheet.
    6·2 answers
  • Samantha put $18,500 into a savings account. after one month, the savings account grew to $18,962.50. after the second month, it
    12·2 answers
  • Why might prevention costs be referred to as an investment while failure costs might be referred to as true costs
    10·1 answer
  • In the post-Reconstruction era most African-Americans in the South had little opportunity for economic advancement, and worked m
    15·1 answer
  • • assuming the standard deviation of the payment times for all payments is 4.2 days, construct a 95% confidence interval estimat
    9·1 answer
  • At the beginning of the month, the Painting Department of Skye Manufacturing had 20,000 units in inventory, 70% complete as to m
    10·1 answer
  • Project management is not without its critics. As you have read, project management has experienced noteworthy failures in imple
    14·1 answer
  • You purchase a bond with an clean price of $1,129. The bond has a coupon rate of 10 percent, and there are 4 months to the next
    5·1 answer
  • creden follows all procedural steps in conveying his property to adam. however, the deed does not state what type of interest is
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!