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
aliya0001 [1]
3 years ago
8

During the year, Next Tec Corp. had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-te

rm borrowing, $6,000; payment to suppliers, $5,000; payment of dividends, $1,000; payment to workers, $2,000; and payment for machinery, $8,000. What amount would be reported for net financing cash flows in the statement of cash flows?
Business
1 answer:
VikaD [51]3 years ago
5 0

Answer:

The net financing cash flows is $5000 as shown below.

Explanation:

The net financing cash flows is calculated below:

Receipt from bank for long-term borrowing  $6000

Payment of dividends                                    <u>  ($1000)</u>

Net financing cash flows                                  $5000

Receipt of $10000 relates to operating cash flows as it is cash receipt in the ordinary course of business

Payment to suppliers of $5000 is an operating cash flow as well as suppliers are paid for supplying the items that the business deals in, same applies to payment to workers of $2000.

Lastly, the payment for machinery of $8000 relates to investing activities of the business as it an expenditure incurred to generate more returns.

You might be interested in
When you purchase shares of a company in the market, who are you buying those shares from?
leva [86]

Answer:

Investor

Explanation:

A stock is a speculation. At the point when you buy an organization's stock, you're buying a little bit of that organization, called an offer. Investors buy stocks in organizations they think will go up in esteem. On the off chance that that occurs, the organization's stock increments in esteem also.

Investor is a person who purchase shares of a company in the market.

3 0
3 years ago
Indicate whether it would appear on the statement of cash flows as a(n)? operating activity, investing activity, or financing ac
nikitadnepr [17]

Indicate whether it would appear on the statement of cash flows as operating activities.

There are three types of cash flow: operating cash flow, investment cash flow, and financial cash flow. Operating cash flow is generated from the company's normal operating activities. This includes cash proceeds from sales, cash outlays on goods sold (COGS), and other operating expenses such as overheads and salaries.

Investing cash flows include amounts spent to purchase securities intended to be held as investments, such as securities. B. Stocks or bonds of other companies or the Treasury. Inflows are generated by interest and dividends paid on these holdings.

Learn more about cash flows at

brainly.com/question/735261

#SPJ4

7 0
1 year ago
What is the median of the following string of values ? 55,18,58,49,8,77,62,26,7,91
Zinaida [17]

The median of all the string numbers would be 52

6 0
3 years ago
Read 2 more answers
Mcdougald Corporation is a service company that measures its output by the number of customers served. The company has provided
ANEK [815]

Answer:

The spending variance for "Employee salaries and wages" for March would have been closest to $1,200F .

Explanation:

Customers served (q)

Employee salaries and wages ($58,400 + $1,000q)

The spending variance for "Employee salaries and wages" for March would have been closest to

         Actual Results      Flexible Budget     Revenue and Spending Variances

(q)          26                 26      

($58,400 + $1,000q) $ 83,200 $ 84,400    $1,200F

6 0
3 years ago
Kenny you works with an IT company his company is about to launch new software in the market he has to ensure that his new softw
motikmotik

Answer

Hi,

Kenny is likely to have the job profile of a software developer

Explanation

A job profile defines the functions, accountabilities and requirements of a job position. In this case, Kenny is a software developer tasks with designing, installation, testing and maintenance of software systems. In this position, he has to ensure the software properly functions and meets the design standards that were agreed in the planning stages.

Good Luck!

7 0
2 years ago
Other questions:
  • The principle of comparative advantage asserts that a. the world price of a good will prevail in all countries, regardless of wh
    8·1 answer
  • As referred to in the NSMIA, the term "covered security" would apply to
    7·1 answer
  • When a PR firm actively combines public relations, marketing, advertising, and promotion into a more or less seamless communicat
    12·2 answers
  • Adrian and Fran operate their computer tech support company "Best Techs," as an S corporation, file the appropriate incorporatio
    5·1 answer
  • Rudy and his publisher require Katherine's expertise in writing a chapter of a book that will be published under Rudy's name. Th
    6·1 answer
  • Epic Inc. has 10,600 shares of $2 par value common stock outstanding. Epic declares a 11% stock dividend on July 1 when the stoc
    12·1 answer
  • In November 2019, Yammy Fun Inc. purchased advertising for $1,000 that ran in the local November news paper. All purchases and s
    12·1 answer
  • Zappos' product selection includes performance athletic shoes, outdoor coats, contemporary shirts, couture accessories, and more
    8·1 answer
  • Which Energy Generation careers are expected to have a decline in jobs between 2010 and 2020? Check all that
    7·2 answers
  • Balance Sheet
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!