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
bearhunter [10]
3 years ago
9

Hampton Company reports the following information for its recent calendar year. Income Statement Data Selected Year-End Balance

Sheet Data Sales $ 71,000 Accounts receivable increase $ 6,000 Expenses: Inventory decrease 4,000 Cost of goods sold 38,000 Salaries payable increase 900 Salaries expense 11,000 Depreciation expense 6,000 Net income $ 16,000 Required: Prepare the operating activities section of the statement of cash flows using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)
Business
1 answer:
Andreyy893 years ago
5 0

Answer:

Net Cash provided by Operating Activities  $20,900.00

Explanation:

Cash Flows from Operating Activities  

Net Income        $16,000.00

Adjustments to reconcile Net Income:

+ Depreciation expenses.

$6,000.00

- Increase in Accounts receivables.

($6,000.00)

+Decrease in Inventory

$4,000.00

+Increase in Salaries Payable.

$900.00

Net Cash provided by Operating Activities   $20,900.00

You might be interested in
Select the correct answer.
Gre4nikov [31]

Answer:

Prices increase, C

Explanation:

Inflation is when the value of a dollar, or other currency type, drops. This happens most commonly when more money is being printed. The more there is, the less it is worth. This causes prices to increase.

Hope this helps

4 0
3 years ago
Read 2 more answers
A company currently pays a dividend of $2.8 per share (D0 = $2.8). It is estimated that the company's dividend will grow at a ra
Vinil7 [7]

Answer:

Intrinsic value: 53.41 dollars

Explanation:

First, we use the CAPM model to know the value of the stock

Ke= r_f + \beta (r_m-r_f)  

risk free 0.085

premium market =(market rate - risk free) = 0.045

beta(non diversifiable risk) 1.3

Ke= 0.085 + 1.3 (0.045)  

Ke 0.14350

Now we need to know the present value of the future dividends:

D0 = 2.8

D1 = D0 x (1+g) = 2.8 * 1.23 = 3.444

D2 3.444 x 1.23 = 4.2361200

The next dividends, which are at perpetuity will we solve using the dividned grow model:

\frac{divends}{return-growth} = Intrinsic \: Value

In this case dividends will be:

4.23612 x 1.07 = 4.5326484

return will be how return given by CAPM and g = 7%

plug this into the Dividend grow model.

\frac{4.5326484}{0.1435 - 0.07} = Intrinsic \: Value

value of the dividends at perpetity: 61.6686857

FInally is important to note this values are calculate in their current year. We must bring them to present day using the present value of a lump sum:

\frac{Principal}{(1 + rate)^{time} } = PV

\frac{3.444}{(1 + 0.1435)^{1} } = PV

3.011805859

\frac{4.23612}{(1 + 0.1435)^{2} } = PV

3.239633762

\frac{61.6686857}{(1 + 0.1435)^{2}} = PV

47.16201531

We add them and get the value of the stock:

53.413455

5 0
3 years ago
How much does it cost to get your ears pierced at walmart?
bazaltina [42]

Answer: 10-35 USD

Explanation:

5 0
2 years ago
Read 2 more answers
Mass media can be employed to publicize a cause or product by distributing information that is distorted or exaggerated. What is
Kryger [21]

Explanation:

to you ggagsusgfaaywugahagagttsgsy<em>y</em><em>y</em><em>e</em>

6 0
3 years ago
If a salesperson sells 34 pairs of jeans, 126 t-shirts, and 40 jackets, what fraction of the total number of items sold do the j
tino4ka555 [31]

Answer:

1/5

Explanation:

34 + 126 + 40 = 200

40 jackets so 40/200

40/200 = 1/5 or one fifth

8 0
3 years ago
Other questions:
  • Healthy Foods just paid its annual dividend of $1.62 a share. The firm recently announced that all future dividends will be incr
    8·1 answer
  • Tate Company purchased equipment on November 1, 2020 and gave a 3-month, 9% note with a face value of $120,000. Tate’s year-end
    10·1 answer
  • "When ClubCorp had an attrition problem, they hired a market research company to get to the bottom of things. What two things di
    7·1 answer
  • George is selling his house. he received an offer from katie for $200,000 but decided to counter-offer for $210,000. what does t
    11·2 answers
  • _____ offers a variety of programs and support services.
    12·1 answer
  • CONSIDER a JOB THAT PAYS 100,000 PER YEAR. FEDERAL INCOME TAX IS 19% AND STATE INCOME TAX IS 7% WHAT IS THE ANNUAL TOTAL OF THE
    9·1 answer
  • Matthew bakes apple pies that he sells at the local farmer’s market. If the price of apples increases, the a. supply curve for M
    11·1 answer
  • Eight years ago you purchased an asset for $100,000 that has yielded a nominal capital gain of $30,000. If you sold the asset to
    12·1 answer
  • ________ is the two-way flow of communication between buyer and a seller that is designed to influence the buyer's purchase deci
    14·1 answer
  • Where is the main Federal Reserve Bank located?​
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!