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cricket20 [7]
3 years ago
14

A company borrows $10,000 and signs a 90-day nontrade note payable. In preparing a statement of cash flows (indirect method), th

is event would be reflected as a(n) addition adjustment to net income in the cash flows from operating activities section. cash outflow from investing activities. cash inflow from investing activities. cash inflow from financing activities.
Business
1 answer:
frez [133]3 years ago
3 0

Answer:

It will be regarded as inflow from financing activities

Explanation:

Since we are receiving money it is an inflow of cash. The bank can be regarded as a finance house. Since we are borrowing money and not buying assets this is regarded as a finance activity and this money will need to repaid in the future (finance from outside parties).

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In its first year of operations Best Corp. had income before tax of $540,000. Best made income tax payments totaling $177,000 du
hodyreva [135]

Answer:

$378,000

Explanation:

Best Corp. has income before tax of $540,000.

The tax rate is 30%.  the amount of tax will be 30% of $540,000.

= 30/100 x $540,000

=0.3 x 540,000

=$162,000

Tax amount = $162,000.

Net income =  Income before tax - tax amount

=$540,000 - $162,000

=$378,000

8 0
3 years ago
Now you must decide who should be on the team. Kelly will be on the team as a matter of course, and you must choose three other
Maurinko [17]

Answer: The best choices would have been Deepak Menon, Ruby Coulbury, and Ethan Atkinson

Explanation:

Team work requires the best of those not only coming to the team with their talent and idea but those who'd be willing to put their everything to make sure the project being carried out is a success, failure to do so would just be having bunch of talented people with no passion but woould rather work for personal gain and fame. Choosing the best shouldn't just be what they can do but also how passionate are they. That's why the best choices would have been Deepak Menon, Ruby Coulbury, and Ethan Atkinson based on their passion accompanied with their talent.

7 0
3 years ago
Choose the best word or phrase from each drop-down menu. the federal reserve increases the money supply when it is trying to enc
Pie

Because raising the money supply boosts the economy, the optimal sentence from the drop-down box is (i) or (a).

<h3>What happens when federal reserves increase?</h3>

Increasing the money supply has a number of consequences which are:

To boost the economy, the Federal government expands the money supply.

Customers use credit because interest rates are lower when the money supply is high.

The unemployment rate is reduced when the money supply is increased.

When the money supply is increased, the economy generally grows because people have more money to spend.

As the amount of money available increases, loans will become more affordable, encouraging people to take out loans knowing that they will just have to pay lesser interest rates.

To learn more about money supply, refer below

brainly.com/question/13399132

4 0
2 years ago
Read 2 more answers
In order to minimize the difficulty associated with meeting monthly loan payments, the debt service ratio should be __________.
Andre45 [30]
In order to minimize the difficulty associated with meeting monthly loan payment, the debt service ratio should be : Below 35 %

This Ratio showed that your annual monthly income still able to cover up your loan payments after considering your housing and other expenses for your daily lives
8 0
3 years ago
Write two sentences that explain what this evidence tells you about Manjiro’s culture.
Montano1993 [528]

Manjiro presents a sword and short knife to his friend. The way that he and his friend talk about them show that they are important in Japanese culture.

mark me brainlist plz

7 0
3 years ago
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