All categories

3 years ago

Tiger Trade has the following cash transactions for the period.

Business

1 answer:

insens350 [35]3 years ago

7 0

Answer:

Cash flow from operating activities

Cash inflows

Cash received from sale of products to customer $35,000

Cash received from sale of services to customer $25,000

Cash outflows:

Cash paid to merchandise suppliers ($11,000)

Cash paid to workers ($23,000)

Cash paid for advertisement ($3,000)

Net cash flow from operating activities $23,000

Cash flow from investing activities

Cash paid to purchase factory equipment ($45,000)

Cash received from sale of warehouse $12,000

Net cash flow from investing activities ($33,000)

Cash flow from financing activities

Dividend paid ($5000)

Cash received from bank loan $40,000

Net cashflow from financing activities $35,000

Net cash increase $25,000

Cash at the beginning of the year $4,000

Cash at the end of the year $29,000

You might be interested in

Which of the following phrases describes money?

lakkis [162]

The phrases that describes money the best would be: Medium of exchange

Before money were made, in order to obtain a product that we don't own, we need to exchange it with another product that we own. This system is commonly known as barter.

With money, we can obtain a product that we don't own without exchanging it with anything. This function is the reason why money is called medium of exchange

6 0

3 years ago

Read 2 more answers

Which category (or type) of consumer products are: (1) relatively expensive, (2) infrequently purchased, and (3) buyers are will

artcher [175]

Answer:

consumer products provided are categorized thus:

(1) relatively expensive: a computer system

(2) infrequently purchased: A car

(3) buyers are willing to expend considerable effort in planning and making purchases: A house

Explanation:

Consumer products are defined as products that satisfy a consumer's wants or needs. There can be convenient, affordable as well as expensive and infrequently purchased.

Consumer goods are final goods sold to consumers for use. It is usually not used as means for further economic production activity.

Some consumer goods are durable and can last for up to three years or more while some are perishable with expiry dates and must be consumed within a short pace of time.

Finally, consumer goods can be grouped into different categories based on consumer behavior depending on how frequently they are used.

7 0

3 years ago

When visiting your sister, you notice that her infant enjoys watching a mobile that hangs over his head. of the various objects

katovenus [111]

The big chainsaw is ur answer I bieleve

3 0

3 years ago

Croft Company sold land costing $10,000 for $12,000. In the investing activities section of the statement of cash flows, the com

Nezavi [6.7K]

Answer:

The answer is: B) An inflow of $12,000

Explanation:

Croft Company's cash flow should include the total cash inflow (the company received money) of $12,000. Even if the company bought the land the day before, paying the $10,000 yesterday, the cash flows are independent one from another. It should have recorded the outflow of $10,000 "yesterday".

7 0

3 years ago

A company's common stock shares are expected to bring a 13 % return to their investors in case of "recession" state of the econo

Ludmilka [50]

Answer:

The expected rate of return is 8.65%

Explanation:

The expected return on a stock can be calculated by multiplying the return in each scenario by the probability of that scenario. This will provide the expected value of the return based on all these scenarios. Thus, the rate of return is,

Rate of return = rA * pA + rB * pB + rC * pC

Where,

r represents the return in each scenario
p represents the probability of each scenario

The probability of normal state is = 1 - 0.45 - 0.05 = 0.5

Rate of return = 0.13 * 0.45 + 0.06 * 0.5 + (-0.04) * 0.05

Rate of return = 0.0865 or 8.65%

3 0

4 years ago