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Alla [95]
3 years ago
9

Brian Company recorded the following cash transactions for the year ended December 31, 2013:Received cash receipts from their cu

stomers totaling $600,000Paid $225,000 in salariesPaid $80,000 in rent and utilitiesPaid $6,000 in insuranceWhat is the net cash provided by operating activities on Brian Company's Statement of Cash Flows as of December 31, 2013?A. $600,000B. $577,500C. $295,000D. $289,000
Business
1 answer:
Svetlanka [38]3 years ago
4 0

Answer:

D. $289,000

Explanation:

The computation of the net cash provided by operating activities is shown below:

Cash flow from operating activities

Received cash receipts from their customers $600,000

Less:  

Salaries Paid In Cash -$225,000

Rent and Utilities Paid in Cash -$80,000

Insurance Paid in Cash -$6,000

Net Cash Provided by Operating Activities $289,000

The cash inflow indicates in a positive sign while the cash outflow indicates in a negative sign

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At​ year-end, Simple has cash of $ 22 comma 000​, current accounts receivable of $ 80 comma 000​, merchandise inventory of $ 24
oee [108]

Answer:

45.62 days

Explanation:

For computing the average number of days receivables, first, we have to calculate the account receivable ratio. The formula is shown below:

Account receivable ratio = Net credit sales ÷ Average accounts receivable

where,

Average account receivable = (Beginning account receivable balance + ending account receivable balance) ÷ 2

Now put these values to the above formula

So, the answer would be equal to

= $480,000 ÷ ($40,000 + $80,000 ÷ 2)

= $480,000 ÷ $60,000

= 8 times

Now, the average level of​ receivables equals to

= Total number of days in a year ÷ Account receivable ratio

= 365 days ÷ 8

= 45.62 days

5 0
3 years ago
23. The three steps of project management are _____.
Mrrafil [7]

Answer:

The correct answer is letter "B": creating the work plan, staffing the project, and controlling and directing the project.

Explanation:

Project Management is a discipline that comprehends the organization, planning, motivation, and control of a company's resources to reach objectives established to achieve success in one or many projects within the limits of the corporation.

The main three steps in every project management include project initiation -<em>plan creation</em>, staffing the project -<em>recruiting and selecting project members</em>, and controlling and directing the project -<em>monitoring the project progress</em>.

4 0
3 years ago
When the market is more optimistic about a firm, its share price will ______; as a result, it will need to issue _______ shares
galben [10]

Answer:

The answer is rise, fewer

Explanation:

When the market is more optimistic about a firm, its share price will RISE OR INCREASE as a result, it will need to issue FEWER shares to raise funds that are needed.

Share price can increase as a result of positive economic environment. For example, the company is making consistent profit, prevailing economic or environmental conditions are favouring the company.

When this happens, company will issue lower shares to raise fund because many investors will be looking to buy their shares.

6 0
3 years ago
Transcultural global ethics always maintains the value of human rights. Have Google’s operations been consistent with the value
sp2606 [1]
Many activists and watchdogs argue that Google has not always done enough to promote or even protect human rights around the world. This is usually the result of efforts by Google to market its search engine in nations like China, where the state has an interest in maintaining censorship of search results. The project, known as Dragonfly, was recently abandoned by Google.

In recent years, Google was among the companies that faced criticism for marketing an app that allowed men in Saudi Arabia to track the locations of their wives by using their cell phones. This was seen as an affront to women's rights, and the company withdrew the product after criticism from the media and shareholders. Google's interest in artificial intelligence has also led to criticism about its commitment to ethical practices and to human rights.

At the same time, there is no doubt that Google has expanded people's access to information and to many other online services around the world. It has made several global public statements against censorship. Its most vocal critics, indeed, have pointed to its previous stands for free access to information in pointing out the hypocrisy of Dragonfly and other ventures.
4 0
3 years ago
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liq [111]

Answer:

Emerging

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3 years ago
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