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3 years ago

Condensed financial data of Saffordville Company are shown below.

Business

2 answers:

Ann [662]3 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]3 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

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oee [108]

Answer:

The percentage rate of growth from 2010 to 2011 is the 1237.3%

Explanation:

The percentage rate or growth for online advertising spend in 2011 compared to 2010 is obtained when calculating the following operations:

1. You must know what is the base figure you want to use to determine the percentage growth. In this case $5.9 Billion is the base figure you will use.

2. You want to know what is the figure with which you will determine the final growth. In this case is $73 billion.

3. You replace the values in the following formula:

percentage rate or growth =(( <u> Final growth figure </u> ) ) x 100

Base figure

percentage rate or growth =(( <u> 73 </u> ) ) x 100

5.9

percentage rate or growth = 12.3728 x 100

percentage rate or growth = 1237.28

4. As you want to round your answer to one percentage place, then you round to .28 to .3 that is the next higher decimal number.

percentage rate or growth = 1237.3%

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3 years ago

Consider a hypothetical closed economy in which households spend $0.70 of each additional dollar they earn and save the remainin

MAVERICK [17]

(a) Marginal propensity to consume (MPC) = 0.7

(b) Multiplier of this economy:

= 3.33

Initial change in consumption = Change in government purchases × MPC

= $300 × 0.7

= -$210 billion

(d) This decreases income yet again, causing a second change in consumption equal to:

= Initial change in consumption × MPC

= -$210 × 0.7

= -$147 billion

(e) The total change in demand resulting from the initial change in government spending is:

= Change in government purchases × Multiplier

= $300 × 3.33

= -$1 trillion

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3 years ago

If you could make an online clothing business, what would be your mission and vission staement?

Papessa [141]

A mission statement defines the company vision and objectives.

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3 years ago

In what form of media relations is the point of initiation the organization rather than an external entity?

juin [17]

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3 years ago

You operate a car detailing business with a fixed amount of machinery (capital), but you have recently altered the number of wo

NemiM [27]

Answer:

1.5 cars

Explanation:

Three employees can produce a total of:

= 4 × 3

= 12 cars in an hour.

Five employees can produce a total of:

= 3 × 5

= 15 cars in an hour

So, the increase in total product of labor as I increase the labor from 3 to 5 employees:

= Total product when 5 employees are hired - Total products when 3 employees are hired

= 15 - 12

= 3 cars.

So, the marginal product of moving from 3 to 5 workers:

= 3 ÷ 2

= 1.5 cars

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3 years ago