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
nadya68 [22]
3 years ago
10

What was the firm's end-of-year cash balance? Recreate the firm's cash flow statement to arrive at your answer. Write out your a

nswer completely. For example, 5 million should be entered as 5,000,000. Round your answer to the nearest dollar, if necessary.
Business
1 answer:
FinnZ [79.3K]3 years ago
8 0

Answer:

$340,000

Explanation:

Statement of cash flow ( year-end December 31, 2012)

Operating activities Cashflow

Net Income                         = $5,000,000

Add back: Depreciation     = $440,000

Net cashflow                      = $5,440,000

Investing activities Cashflow

Cash paid for machinery   = ($5,400,000)

Net cashflow                      = ($5,400,000)

Financing activities Cashflow

Cash receipt from issuing long term debt  =$1,000,000

Cash paid for dividends                               =(800,000)

Net cashflow                                                 =$200,000

Net increase              = ($5,440,000-$5,400,000+$200,000)

Net increase in cash = $240,000

Opening balance as at 1 Jan 2012    =$100,000

Closing balance as at 31 Dec 2012    =($100,000+$240,000) = $340,000

You might be interested in
A. Define progressive income tax. Briefly create a few numbers to explain it.
Arisa [49]
How do i sent it to you
4 0
3 years ago
Seahorse Incorporated, which only has one product, has provided the following data concerning its most recent month of operation
ra1l [238]

Answer:

Unit product cost = $107

Explanation:

<em>Absorption costing is a method of costing where production units and inventories are value at the full cost per unit. Here, fixed overheads are charged to all units produced using an overhead absorption rate</em>

The full cost per unit = D.mat cost + D.labour cost + Variable overheads+ Fixed overheads

Fixed production overhead cost per unit

=Fixed manufacturing overhead/units produced

=  $43,700/ 1,900 Units

=$23 per unit

Full cost per unit

= $42  + $31 + $11 + 23

= $107

7 0
3 years ago
Bayside Marina just announced it is decreasing its annual dividend from $1.48 per share to $1.45 per share effective immediately
sleet_krkn [62]

Answer:

the stock price <u>has decreased in the same proportion as the dividend. </u>

Explanation:

Since we are told that the dividend yield remained the same, and the dividend decreased by 2.03%, we know that the price of the stock decreased by 2.03%.

= [($1.45 - $.148) / $1.48] x 100 = -2.03%

5 0
3 years ago
The ___________ is a flexible market that allows you to work short-term
dem82 [27]

Answer:

The <u>gig economy</u> is a flexible market that allows you to work short-term.

Explanation:

The gig economy is a market in which temporary jobs are offered for a specific period of time. This refers to working as a freelancer taking specific activities without a job contract or working exclusively for that organization. According to this, the answer is that the gig economy is a flexible market that allows you to work short-term.

7 0
3 years ago
Discuss how construction of a portfolio can lower the risk of an investor.
Firdavs [7]

Answer:

Simply put, the other meaning portfolio construction is diversification of risk. Portfolio construction is the one of simplest way of reducing risk without significantly affecting the returns.  

Ways of diversifying risk includes Pension Funds, Mutual Fund, Equity, Stocks, Debt / Bonds, Retirement Saving, etc.  If someone had made their investment in only one asset class, then there will be less returns available with high risk. while doing portfolio investment, it will give a systematic and controlled risky investment with higher return opportunities because some assets will perform well while other do poorly. but next year scenario could be changed or reversed. There are some thumb rules while doing portfolio investment, but it can be changed based on individual's personal goal.

7 0
2 years ago
Other questions:
  • Amber is writing to an accountant that she would like to interview to gain information about the career field. What information
    12·2 answers
  • An increase in common stock would be reflected in the statement of stockholders' equity. Select one: True False
    14·1 answer
  • Alan runs a small manufacturing business. One day, a subordinate informed Alan about a problem in the production process because
    10·2 answers
  • A computer company has $3540000 in research and development costs. Before accounting for these costs, the net income of the comp
    9·1 answer
  • Granfield Company has a piece of manufacturing equipment with a book value of $36,000 and a remaining useful life of four years.
    12·1 answer
  • Ventaz corp manufactures small windows for back yard sheds.​ historically, its demand has ranged from 30 to 50 windows per day w
    14·1 answer
  • On December 31, 2021, Interlink Communications issued 6% stated rate bonds with a face amount of $100 million. The bonds mature
    15·1 answer
  • Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ
    11·1 answer
  • He following transactions are for Alonzo Company.
    11·1 answer
  • Frankenstein Enterprises received two notes from customers for sales that Frankenstein made in 2021. The notes included: Note A:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!