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3 years ago

In preparing a company's statement of cash flows for the most recent year, the following information is available:

Business

2 answers:

svet-max [94.6K]3 years ago

5 0

Answer:

Net cash used from investing activities is $253600

Explanation:

Given data

sale of equipment = $14,400,

Purchase of equipment = 149,000,

sale of equipment = 130,000

Purchase of land = 119,000

increase in accounts = 45,000

Decrease in accounts = 77000

Payment of cash dividends = 37,000

to find out

Net cash flows from investing activities

solution

we will find net cash flow by equation this formula that is

Cash flow from investing = sale of equipment - Purchase of equipment - purchase of land ...............1

put all value in equation 1 we get

Cash flow from investing = 14400 - 149000 - 119000 = - 253600

so that

Net cash used from investing activities is $253600

Butoxors [25]3 years ago

3 0

Answer:

- $ 138,000

Explanation:

The investment activities includes the transaction done on purchasing the equipment and selling the land.

Thus, for the given question

The list of investment activities:

Purchase of Equipment = - $ 149,000

Proceeds from Sales = $ 130,000

Purchase of Land = - $ 119,000

here, the negative sign depicts the amount is paid

thus, the net cash flow from the investment activities

= - $ 149,000 + $ 130,000 + (- $ 119,000)

the net cash flow from the investment activities = - $ 138,000

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Workers who do not have the expectation of steady, full-time employment are called ________ workers.

Tems11 [23]

These workers are called contingent workers
Contingent workers are the type of workers that hired per-project basis. This make up Freelancers, consultants, or contractors.
Since technically these workers are not a part of the company, the company is not require to give benefit to them like its full-time workers.

7 0

3 years ago

What does this article say about being on time ?

meriva

Answer:

About being on time, this article reveals:

1. Endeavour to take a practice trip the same time you leave for work in order to know what time you will arrive at work.

2. In order not be in a hurry and anxious, endeavour to arrive 15 minutes earlier. Also, don't arrive too early in order not to affect others.

Explanation:

The article gives advice and caution on how to get to work on time. The article seem to center on some work ethics tips for the newly employed. It reveals how to get to work on time, preparing your clothes, checking your hygiene and preparing quality questions for your boss.

5 0

3 years ago

At the beginning of January of the current year, Little Mikey's Catering ledger reflected a normal balance of $70,000 for accoun

inysia [295]

Answer:

end of January balance in the accounts receivable account should be $65900

Explanation:

given data

accounts receivable = $70,000

customers on account = $18,400

account totaling = $14,300

services to be provided = $6,800

to find out

balance in the accounts receivable account

solution

balance in the accounts receivable account will be find as

Balance of Accounts Receivable = Beginning balance + Revenue from earned services - Collections during the period ........................1

put here value

Balance of Accounts Receivable = 70000 + 14300 - 18400

Balance of Accounts Receivable = $65900

end of January balance in the accounts receivable account should be $65900

7 0

3 years ago

Peter operates a dental office in his home. The office occupies 250 square feet of his residence, which is a total of 1,500 squa

Alex777 [14]

Answer:

$3,000

Explanation:

Per IRS form 8829, allocation of total expense to home office can be arrived by dividing the total usable area of home by the work area to get the percentage of expenses allocable to home office.

So, 250 square feet / 1500 square feet = 16.6666666%

Total expenses incurred;

Rent $12,000

Utilities 4,800

Maintenance 1,200

—————

Total $18,000x16.6666666%=$3,000

or simply, $18,000 x 250/1500 = $3,000 (to be exact in decimal points)

7 0

3 years ago

The following information pertains to Pernell Company's pension plan. Beginning PBO: $500,000; current service cost $50,000; dis

monitta

Answer:

= $560,000

Explanation:

Given that:

-Beginning PBO: 500,000
-Current Service Cost: 50,000
-Discount Rate: 6% => interest cost = 500,000*6% = 30,000
-Contributions by Pernell: 40,000
-Benefits paid to employees 25,000
-Loss on PBO: 5,000

As we know that service cost; gains and losses; payments to retired employees; prior service cost; interest cost; payments to employees are factors that change the balance of the PBO

So the ending balance of the PBO will be:

Beginning PBO + Current Service Cost + Interest cost Loss on PBO -Benefits paid to employees

$500,000 + $50,000+ $30,000+$5,000-$25,000

= $560,000

4 0

3 years ago