Answer:
Cash provided by operations is $250
Explanation:
<em>If a company has net income of 180, depreciation of 50, change in asset and liability accounts of $20, then cash provided by the operation is?</em>
<em />
Cash flows from operating activities
Net Income $180
<em>Adjustments to reconcile net loss </em>
<em>to net cash flow from operating activities</em>
Add: Depreciation $50
Add: Change in net current assets <u>$20</u> <u>$70 </u>
Cash provided by operations <u>$250</u>
Answer:
Amount of cash flow will be $2328
So option (B) will be the correct answer
Explanation:
We have given total merchandise = $4000
And return merchandise = $1600
Here 
means if Sheridan Company makes the payment within 10 days then he will get discount of 3 % as in the question he makes the payment within 10 days so he will will get 3 % discount
Now amount of cash received = total merchandise - return merchandise
= $4000 - $1600 = $2400
Now discount is 3 %
So after discount amount received 
So option (B) will be the correct answer
from Intelligent’s point of view, this bond would be considered a current asset, because it represents a resource that can easily be converted to cash within one year.
A bond is a debt instrument. A bondholder is entitled to regular predetermined interest rate payments and at the end of the bond's tenure, the bondholder would receive the amount invested.
Current assets are assets that are expected to be sold, used, or exhausted through standard business operations with one year.
Examples of current asset are:
- cash
- cash equivalents
- accounts receivable
- stock inventory
- marketable securities
- pre-paid liabilities
To learn more, please check: brainly.com/question/14287268
Answer:
Leno Company will record a debit to Cash in the amount of: D. $9,800
Explanation:
The terms of 2/10, n/30 means 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
Fallon Company pays the invoice within the discount period - early enough to receive a 2% discount. The discount amount is 2% x $10,000 = $200.
On the other hand, Leno Company has to offer a 2% discount to Fallon Company. Cash amount Leno Company receives = $10,000 - 2% x $10,000 = $9,800
Leno Company will record a debit to Cash in the amount of $9,800
Answer:
The answer is a. $2,967.92
Explanation:
Calculation of prent value
Present value = p* (1+i)^-10
Present value = $4,500 * (1+0.0425)^-10= <u>$2,967.92</u>
