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ddd [48]
3 years ago
14

Kela Corporation reports net income of $470,000 that includes depreciation expense of $83,000. Also, cash of $44,000 was borrowe

d on a 6-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Choice $514,000. $553,000. $597,000. $387,000.
Business
1 answer:
MA_775_DIABLO [31]3 years ago
3 0

Answer:

The Total cash inflows from operating activities are $553,000

Explanation:

According to the given data, the Statement of Cash Flow from Operating Activities would be as follows:

Statement of Cash Flow from Operating Activities  

Particulars Amount                             Total Amount

Income              $470,000  

Depreciation      $83,000  

Cash flow from operating activities        $553,000

The cash of $44,000 was borrowed on a 6-year note payable. It is Financing Activity since note is long term

Therefore, total cash inflows from operating activities are $553,000

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Alyona recently purchased a car. In her first auto loan statement, she was surprised to find a letter for a life insurance compa
Ad libitum [116K]

Answer:

Credit life Insurance

Explanation:

The scenario describes Credit life insurance

This is a form of insurance policy that that is designed to pay off the balance on a policy holder's outstanding loan in case of death. It is designed for the protection of lender and heirs who are co signers from loss in case of the death of the borrower.

The insurance is liable to the balance on the loan as at the time of the death of the borrower.

3 0
3 years ago
Which technique should you use to promote your business when responding to a customer’s inquiry? Use “we” language to promote re
KonstantinChe [14]

<u>Answer: </u>Option C Satisfy the inquiry and take the opportunity to introduce another product as well.

<u>Explanation:</u>

The first important thing in customer inquiry is that it has to be attended as soon as possible. It is a way to enhance the business and make the customer buy more when their doubts are clarified.

The other products of the business can be promoted along with the answers to the inquiry. This is the opportunity for the business to directly contact the customer so it has to be made use of. While another product is introduced the customer would be willing to know or buy the other product also.

7 0
3 years ago
Jallouk Corporation has two different bonds currently outstanding. Bond M has a face value of $20,000 and matures in 20 years. T
eduard

Answer:

The price of the bond is $ 21,541.53  

Explanation:

The price of the bond is the present value of all cash inflows expected from the bond throughout the bond's life.

The cash inflows comprise of coupon interest interest payments as well as the repayment of the principal amount(the face value of $20,000) at redemption.

The present value is computed by multiplying the cash inflows by the discount factor.

The formula for discounting factor =1/(1+r/2)^t

r is the required yield of 5.4% divided by 2 since the coupon is payable twice a year.

Find attached.

Download xlsx
7 0
3 years ago
Which of the following is an example of earning interest?
Studentka2010 [4]

Jenna puts $100 in a savings account in 2016 and sees a 3% increase in her account without depositing additional money is an example of earning interest.

The interest rate that investment is earning for you is known as earned interest. For instance, if you invest $1,000 in an investment that yields 10% annually, your interest earnings for that year will be 10%, or $100.

A sum that a business receives from interest-bearing bank accounts or other investments. In the accounting period in which the interest is earned, the sum should be recorded as Interest Revenues, Interest Income, or Investment Revenues.

Learn more about earning interest here:

brainly.com/question/4407546

#SPJ1

5 0
2 years ago
In which form of business do the members of an organization own and control its activities?
Fantom [35]
I Think It’s Communism
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3 years ago
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