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tester [92]
4 years ago
14

Find the Net Cash Flow of Operating activities?Engineering Wonders reports net income of $53 million. Included in that number is

building depreciation expense of $4.1 million and a gain on the sale of land of $1.9 million. Records reveal decreases in accounts receivable, accounts payable, and inventory of $2.5 million, $2.7 million, and $3.3 million, respectively.
Business
1 answer:
xxMikexx [17]4 years ago
7 0

Answer:

Total cash flow from operations        $58.3 million

Explanation:

We can calculate the net cash flow effect from operating activities by making the following adjustments.

Net Income                                        53 m

Add: depreciation                              4.1 m

Less: Gain on asset disposal             (1.9 )m

Add: Reduction in receivables          2.5 m

Less: Reduction in payable               (2.7)m

Add: Reduction in inventory              3.3 m

Total cash flow from operations        $58.3 million

Gain on asset is part of the investing activities cash flow.

Hope that helps.

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Answer: C. Americans will pay higher interest rates.

Explanation:

The most plausible effect of nearing debt ceiling on the interest rates paid by Americans is that Americans will pay higher interest rates.

Since the debt ceiling is the method used to curtail and limit the amount of debt that the government of a particular country can borrow, the government has to look for other means to make money and will therefore make Americans pay higher interest rates.

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3 years ago
Economic forces impact the opportunities available to entrepreneurs. Which of the following alternatives reflects a set of econo
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Answer:

3. Interest rates, consumer spending patterns, and level of disposable income

Explanation:

The following alternatives reflects a set of economic forces that would be of interest to entrepreneurs: Interest rates, consumer spending patterns, and level of disposable income

1. Interest Rates: Whenever there is an increase in interest rates, entrepreneurs are required to set aside more funds for the repayment of loans in the sense that the interest component becomes more expensive and looking at the total picture, the loan becomes technically bigger than what they had collected. This occurrence of higher interest rates reduces the business' net income for all periods till the loan is fully paid.

2. Consumer spending patterns: Consumer spending patterns are a very important tool or dataset for businesses which can be used to understand market potential. It reveals customers who are likely to buy certain categories of goods and services and where they are geographically located. Without this information businesses could be located in the wrong places or could target the wrong customers

3.  Level of disposable income: Disposable income refers to the amount of income left after taxes are paid. This metrics is important for businesses because that is the fraction of earnings that consumers spend on to buy goods and services.The higher the disposable income, the higher the demand for firms products will be.

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4 years ago
Different between business management and business administration​
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Answer:

A business management degree focuses more on planning and organizing, whereas a degree in business administration provides a broad background and then allows the student to focus on a specialized area of business.

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4 years ago
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Marcos Industries uses the retail method of inventory costing. The retail value of the inventory is $478,000. If the ratio of co
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Answer:

The correct answer is A.

Explanation:

Giving the following information:

The retail value of the inventory is $478,000. The ratio of cost to retail price is 60%. What is the amount of inventory to be reported on the financial statements?

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The client is prescribed an antibiotic for a streptococcal infection and asks the health care practitioner whether the medicine
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The medicine should be taken with food

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