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Studentka2010 [4]
3 years ago
8

Accounts Receivable from sales to customers amounted to $80,000 and $70,000 at the beginning and end the year, respectively. Inc

ome reported on the income statement for 2022 was $252,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Business
1 answer:
Kipish [7]3 years ago
5 0

Answer:

$332,000

Explanation:

<u>Cash flow from operating activities</u>

Net Income                                                                                  $252,000

Adjust for changes in working capital items :

Decrease in Accounts Receivable ($80,000 - $70,000            $80,000

Net Cash Provided by Operating Activities                              $332,000

Conclusion

the cash flows from operating activities to be reported on the statement of cash flows is $332,000

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B. people who are "rehabilitated" still commit crimes once released from prison.
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Rather than the borrower paying a small rate of interest in each cycle like with a credit card, the borrower using a payday loan
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Answer:

Rather than the borrower paying a small rate of interest in each cycle like with a credit card, the borrower using a payday loan... doesnt make you go thourgh the cycle of interest.

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6 0
2 years ago
M Company manufactures tables. At the beginning of December, the beginning work in process inventory was 300 units, which were 4
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Answer: Equivalent units for conversion = 4870 units

Explanation:

Given that,

Beginning work in process inventory = 300 units

Beginning work in process inventory for conversion = 40% of 300 units

                                                                                       = 120 units

5,000 units were started in December.

Ending work in process = 500 units

Ending work in process inventory for conversion = 50% of 500 units

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Units started and completed = 5000 - 500

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6 0
3 years ago
Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
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Answer: d. Unity of direction

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This is because the principle believes that when in a company, different departments aim to achieve distinct goals, the departments should have a sole leader and a sole plan for the goals that should be accomplished so that there is no confusion.

This is why the Akika Corporation wants to create independent domains that reflect the actions they perform and will have the distinct roles needed to help them perform the actions efficiently.

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The listing agreement has a specified end date when a homeowner hires an agent to sell a house. When this deadline passes without the house selling and without the owner renewing the listing agreement with the real estate agency, the listing expires. Similar to how potential buyers frequently include offer expiration dates when submitting offers to sellers. The offer "expires" and can no longer be accepted by the seller if the offer expiration date passes before the seller accepts.

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