All categories

2 years ago

Condensed financial data of Saffordville Company are shown below.

Business

2 answers:

Ann [662]2 years ago

5 0

Answer:

Explanation:

The statement of cash flow is given below;

SAFFORDVILLE COMPANY

CASH FLOW STATEMENT

Cash flow from operating Activities

Net Income $112660

Add or subtract that effect net income

Depreciation $30500 $30500

Changes in operating Assets & Liabilities

Cash(102700-33400) $69300

Accounts receivable(37000-60800) $-23800

Inventory(102650-126900) -$24250

Equipment(205000-315000) -$110000

Investments(107000-79500) $27500

Accounts Payable(57000-48280) $8720

Accrued expenses payable(15100-18830) -$3730

Bond payable(145000-70000) $75000

Common stock(250000-200000) $50000

Retained earnings(172600-107940) $64660

New equipment purchased in cash -$146000

(assume that which is not considered

in given Balance sheet)

Cash Dividend -$48000 -$60600

(assume that which is not

considered in the given

Balance sheet)

Net Cash Balance as on 31.12.2017 $82560

konstantin123 [22]2 years ago

4 0

Answer:

The answer is attached

Explanation:

Because of the lots of workings and calculation, the question is solved in excel sheet and attached for ready reference.

Download xlsx

You might be interested in

Briny Sail Makers manufactures sails for sailboats. The company has the capacity to produce 35,000 sails per year and is current

mixas84 [53]

Answer:

Effect on income= $439,000 increase

Explanation:

Giving the following information:

Variable costs per unit:

Manufacturing= 62

The fixed manufacturing costs increase by $100,000 for every 500 units produced beyond the maximum capacity of the plant.

Special offer: 5,500 units for $160

To determine the effect on income, we will consider the contribution margin and incremental fixed costs.

Effect on income= 5,500*(160 - 62) - 100,000

Effect on income= $439,000 increase

8 0

2 years ago

_____ is a measure of the number of times an individual is exposed to a brand message via advertising. it is used to measure the

Reika [66]

Frequency is a measure of the number of times an individual is exposed to a brand message via advertising.

6 0

2 years ago

Location externalities (skilled labor force, supporting industries in place, etc.) are considered a __________ factor when choos

Scilla [17]

Location externalities (skilled labor force, supporting industries in place, etc.) are considered a country-specific factor when choosing a location of production.

In economics, an externality or outside fee is an indirect cost or benefit to an uninvolved third party that arises as an effect of some other celebration's interest. Externalities may be taken into consideration as unpriced items are concerned in either customer or manufacturer marketplace transactions.

Location externalities describe the mutual interplay among marketers, which at a micro-stage manner that the vicinity of one or extra families and/or companies in a neighborhood modifies the nice of that neighborhood.

There are 4 predominant forms of externalities – positive consumption externalities, tremendous production externalities, negative consumption externalities, and negative production externalities. Externalities create a social fee in which items are undersupplied or create harm to the surroundings.

Learn more about externalities here brainly.com/question/14018373

#SPJ4

6 0

1 year ago

What important element of the watergate scandal, investigation, and court cases was not covered by the constitution?

grigory [225]

The answer to the question is the "Executive Privilege".

The executive privilege is an important element of the watergate scandal, investigation, and the court cases that was not covered by the constitution.This executive privilege is carried by the president of the executive branch.

8 0

3 years ago

On December 31, year 3, Byte Co. had capitalized software costs of $600,000 with an economic life of four years. Sales for year

Scrat [10]

Answer:

correct option is b. $450,000

Explanation:

given data

capitalized software costs = $600,000

expected total sales = 10%

sale = 4 year

net realizable value = $480,000

solution

we get here net capitalized cost of computer software that is express as

net capitalized cost of computer software = Year 1 balance - Year 2 amortization .................1

here

Year 2 amortization is

Year 2 amortization = capitalized software costs ÷ total projected sale .......2

Year 2 amortization = $\frac{600000}{4}$

Year 2 amortization = $150,000

so here

Year 2 net capitalized cost is = $600,000 - $150,000

Year 2 net capitalized cost is $450000

so correct option is b. $450,000

6 0

2 years ago