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
jolli1 [7]
3 years ago
11

In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $

59,000 Accounts payable decreased by 25,000 Accounts receivable increased by 32,000 Inventories increased by 12,000 Cash dividends paid 15,400 Depreciation expense 27,000 Net cash provided by operating activities was:
Business
1 answer:
Svetlanka [38]3 years ago
3 0

Answer:

See below

Explanation:

Net income during the year

$59,000

Adjustments:

Depreciation

$27,000

Changes in current assets and liabilities

Less:

Increase in accounts receivables

($32,000)

Increase in inventories

($12,000)

Decrease in accounts payable

$25,000

Net cash flow from operating activities

$17,000

You might be interested in
Trey has two dependents, his daughters, ages 14 and 17, at year-end (2018). Trey files a joint return with his wife.What amount
Ipatiy [6.2K]

Answer:

(a) His AGI is $103,300.

$2,000 since only one of your daughters qualifies for the child tax credit (must be under 17 at year end).

(b) His AGI is $426,200.

$2,000 - (27 x $50) = $2,000 - $1,350 = $650

For 2018, the income threshold to qualify for the child tax credit increased to $400,000, and it starts to fade away up to $440,000. It phases out $50 per each $1,000 of additional AGI.

(c) His AGI is $428,900, and his daughters are ages 10 and 12.

($2,000 x 2 children) - (29 x $50 x 2 children) = $4,000 - $2,900 = $1,100

6 0
3 years ago
Why is using money as a medium of exchange preferable to bartering?
Y_Kistochka [10]

Answer:

Money as a medium of exchange is more preferable because of its less cumbersome nature.

Explanation:

Money as a medium of exchange is more suitable because of its less cumbersome nature. Money was invented because of the inefficient nature of the barter system.

Money is easily stored compared to a barter system.

Money as a medium of exchange eliminates the barter system's problem of double coincidence of wants. Barter works when you trade things you own for things you want. If for example you want a bicycle and you own a goat, you have to look for someone who wants a goat and owns a bicycle willing to make an exchange, which can be quite difficult.

Money is an acceptable medium of exchange to all parties which makes it more preferable to bartering.

8 0
3 years ago
A way that traditional retailers can compete with online retailers is to: Multiple choice question. use franchises that deliver
Arisa [49]

In order to compete with the online retailers, the traditional retailers can use franchises that deliver, require an administered system for all, and increase their market share.

<h3>Who is a retailer?</h3>

A manager or owner of a business organization or a unit that specializes in selling of products to their customers, which they procure from the supplier, is known as a retailer.

Hence, options A, C and D hold true regarding the traditional retailers.

Learn more about a retailer here:

brainly.com/question/22529010

#SPJ1

7 0
2 years ago
Suppose annual inflation rates in the u.s. and mexico are expected to be 6% and 80%, respectively, over the next several years.
jeka94
<span>The answer is $.00102</span>
7 0
3 years ago
Deciding how to use computers to improve business processes is the most important strategic decision a firm can make.a. Trueb. F
Harman [31]

Answer:

a

Explanation:

computers make work easy and faster

4 0
1 year ago
Other questions:
  • Anna is 88 years old and under the legal guardianship of her daughter. one day anna receives a telephone call from a health insu
    9·1 answer
  • Firms are institutions that organise​ _____ of goods and services.
    7·1 answer
  • Van Frank Telecommunications has a patent on a cellular transmission process. The company has amortized the $18.90 million cost
    5·1 answer
  • Donna, the office manager, spends a large part of her day working closely with those whom she supervises to successfully accompl
    7·1 answer
  • At the beginning of the year, Smith, INc., budgeted the following: Units: 10,000 Sales: $100,000 Total variable expenses: $ 60,0
    15·1 answer
  • When George and Arthurine Renfro decided to start a family business in 1990 and market chowchow, a southern regional food, they
    9·1 answer
  • On Jordan's 20th birthday he decides to invest 10,000 that he has saved. He will not be adding any money to the initial investme
    13·1 answer
  • In a system of 100-percent-reserve banking, a. banks do not accept deposits. b. banks can increase the money supply. c. banks do
    8·1 answer
  • XYZ Company makes one product and has calculated the following amounts for direct labor: AH x AR = $84,000; AH x SR = $83,000; S
    12·1 answer
  • Adrian is one of several engineers applying for a job recently advertised on the internet. While writing his email cover letter,
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!