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
Margarita [4]
3 years ago
15

Last year Lawn Corporation reported sales of $115,000 on its income statement. During the year, accounts receivable decreased by

$10,000 and accounts payable increased by $15,000. The company uses the direct method to determine the net cash provided by (used in) operating activities on the statement of cash flows. The sales revenue adjusted to a cash basis for the year would be
Business
1 answer:
julia-pushkina [17]3 years ago
4 0

Answer:

$125,000

Explanation:

Particulars                                                     Amount

Sales revenue                                            $115,000

Add: Accounts receivable decrease        <u>$10,000</u>

Cash Receipt from customers                 <u>$125,000</u>

The sales revenue adjusted to a cash basis for the year is $125,000.

You might be interested in
The term "management" refers to the process of getting things done, effectively and efficiently, through and with other people.
galben [10]

Answer:

Management implies a conception and practice regarding power, administration and ways of building consensus and hegemony within an organization or institution. Management is the way to carry out the articulation between the perspectives, through the organizational modes that serve the same and that are consistent with the fines and objectives of the institution.

Explanation:

According to this, the management action crosses the entire institution, in its relationships, in internal coordination, in the ways of establishing work ties, working communities, in the set of options that are adopted when interacting with other institutions It is not just driving or direction. It is the coordination of work processes within the framework of an organization, where roles and tasks are given, which in principle can be articulated generating levels of management.

6 0
3 years ago
Newell Rubbermaid Inc. manufactures and markets a broad array of office products, tools and hardware, and home products under a
ValentinkaMS [17]

Income Taxes Using appropriate headings and subtotals prepare a multiple-step consolidated income statement.

An Income tax is a tax imposed on people or entities in admire of the income or profits earned by way of them. income tax generally is computed because the manufactured from a tax price instances the taxable earnings. Taxation fees can also vary by using the kind or characteristics of the taxpayer and the type of profits.

                Consolidated Income statement

                Particulars                                    Amount

Net Sales                                               $ 5,864. 6

Less: Expenses                                      

Cost of Products sold                         = $ 3,6594.4

           Gross Profit                               = $2,205.2

Less: Operating expenses                            

Selling general, and administrative expenses    $ 1,515.3

Other expenses                                                     $ 432.7

          Operating Income                                   = $ 275

Less: Non-operating expenses

Interest and other non-operating expenses   $ 104.7

 Income before Taxes                                   = 152.5

Less: Income Tax expense                            $ 17.9

 Income after Taxes                                   = $134.6

Less: Loss on sale of Discontinued Operations

(net of income taxes)                                            $9.4

          Net Income                                                   $ 125.2

Learn more about  Net Income here:-brainly.com/question/15530787

#SPJ4

6 0
1 year ago
What is the primary role of consumers in a free market economy?
Yuliya22 [10]
The answer is b i believe have a good day
4 0
2 years ago
Read 2 more answers
The Equal Employment Opportunity Act gave the Equal Employment Opportunity Commission the authority to:
erastovalidia [21]

Answer:

issue guidelines for employer conduct in administering equal employment opportunity programs.

Explanation:

This act known as the The Equal Employment Opportunity Act was enacted to check discrimination and unfair treatment against minorities such as African Americans. This act has given the right to sue whenever any form of discrimination based on race, skin color, religious affiliation is found in the work place.

Therefore the correct answer is issue guidelines for employer conduct in administering equal employment opportunity programs.

7 0
3 years ago
Riverbed Corp bought equipment on January 1, 2022. The equipment cost $460000 and had an expected salvage value of $65000. The l
balandron [24]

Answer:

Book value= $302,000

Explanation:

Giving the following information:

Purchase price= $460,000

Salvage value= $65,000

Useful life= 5 years

<u>First, we need to calculate the annual depreciation.</u>

Annual depreciation= (original cost - salvage value)/estimated life (years)

Annual depreciation= (460,000 - 65,000) / 5

Annual depreciation= $79,000

<u>Now, the accumulated depreciation after 2 full years:</u>

Accumulated depreciation= 79,000*2= $158,000

<u>Finally, the book value:</u>

Book value= purchase price - accumulated depreciation

Book value= 460,000 - 158,000

Book value= $302,000

7 0
2 years ago
Other questions:
  • After three years Remington or $390 and simple interest from a CD into which she initially deposited $4000 what was the annual i
    8·1 answer
  • On the first day of the fiscal year, Hawthorne Company obtained an $88,000, 7-year, 5% installment note from Sea Side Bank. The
    6·1 answer
  • Margaret was convinced to enroll in a private, for-profit college to learn how to be a psychologist's assistant. She borrowed $2
    15·1 answer
  • On January 1, 2013, Nichols Corporation granted 10,000 options to key executives. Each option allows the executive to purchase o
    7·1 answer
  • People often choose to expose themselves only to media outlets that express their views. What is this called? Group of answer ch
    7·1 answer
  • Bella’s Beauties sells vacuums and shampooers. The vacuums have a unit selling price of $60 and unit variable costs of $20. The
    7·1 answer
  • Cretically analyse the difference and the point of convergence between floor inspection and functional inspection
    12·1 answer
  • Mrs. Larkin rents an apartment to a couple who argue continually, disturbing other tenants. Without going through the lawful evi
    6·1 answer
  • Sharon would make an adjustment entry to __________ to record the $500 her company received from a customer to perform future se
    10·1 answer
  • a project has a team member who routinely is not showing up to meetings or completing assignments. the appropriate place to capt
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!