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
sweet-ann [11.9K]
2 years ago
7

Yowell Company began operations on January 1, Year 1. During Year 1, the company engaged in the following cash transactions: 1)

issued stock for $66,000 2) borrowed $38,000 from its bank 3) provided consulting services for $64,000 cash 4) paid back $28,000 of the bank loan 5) paid rent expense for $15,500 6) purchased equipment for $25,000 cash 7) paid $4,300 dividends to stockholders 8) paid employees' salaries of $34,000 What is Yowell's net cash flow from operating activities?
Business
1 answer:
solniwko [45]2 years ago
5 0

Answer:

The Yowell's net cash flow from operating activities is $14,500

Explanation:

In the direct method, the operating activities record revenues and expenses which are earned and incurred during a particular year.

The computation of the net cash flow from operating activities is shown below:

= Consulting services revenue - rent expense - employees' salaries expense

= $64,000 - $15,500 - $34,000

= $14,500

The other items which are mentioned in the question are related to the investing and the financing activities. So, these items would not be considered in the computation part.

You might be interested in
One of the operations in the United States Postal Service is a mechanical mail sorting operation. In this operation, letter mail
sineoko [7]

Answer:

Detailed solution is given below:

8 0
3 years ago
What brief document should always include the six basic story elements?
Verdich [7]

Answer: ?

Explanation: Did anyone get the answer

8 0
3 years ago
Read 2 more answers
A(n) ________ has no barriers to trade among member countries, includes a common external trade policy, and allows factors of pr
EleoNora [17]

Answer:

A common market

Explanation:

A common market has no barriers to trade among member countries, includes a common external trade policy, and allows factors of production to move freely among members.

A monetary union has all the features of a common market and participating countries have a common currency.

I hope my answer helps you.

6 0
2 years ago
The Wet Dog Surf Company borrows $27,000 at 5.00% for 10 months. Calculate the total interest amount (rounded to the nearest pen
earnstyle [38]

Answer:

total interest = $1125

Explanation:

given data

principal = $27,000

rate = 5 %

time = 10 months

to find out

total interest

solution

we get here total interest that is express as

total interest = principal × rate × time   ....................1

put here value and we get

total interest = $27,000 × 5 % × \frac{10}{12}    

total interest = $1125

7 0
3 years ago
anchors enterprises is trying to predict the cost associated with producing its anchors. at a production level of 5300 anchors,
Sonja [21]

Answer:

The total cost of producing 5300 anchors is $302,100

Explanation:

Average cost per unnit is calculated by dividing ethe total cost with number of unit produced.

Number of Unit = 5,300 anchors

Average Cost per anchor = $57

Total Cost of Production = Average Cost per anchor x Average Cost per anchor

Total Cost of Production = $57 x 5,300 anchors

Total Cost of Production = $302,100

8 0
3 years ago
Read 2 more answers
Other questions:
  • Gains from trade
    10·1 answer
  • If an increase occurs in the demand for the output of industry A, we would expect all of the following to happen except:A. an in
    6·1 answer
  • Many businesses today appear to have some type of corporate social responsibility edict. When might the need for social responsi
    10·1 answer
  • True Taste's Restaurant and Catering serves delicious vegetarian and vegan dishes. So, when the local community became intereste
    7·1 answer
  • What are the key choices a company must make before reaching the final decision to go global?
    12·1 answer
  • Those who believe in
    7·1 answer
  • Which company is most exposed to the ups and downs of the aircraft engine industry? a) General Electric b) MTU Aero Engines c) U
    13·1 answer
  • Halp! I need an answer right away<br> Thank you
    5·1 answer
  • Question 13 of 20
    12·1 answer
  • bookmark question for later what is a common axiom for information technology professionals? communicate! become an expert know
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!