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Brrunno [24]
2 years ago
8

Which of the following hitches are allowed

Business
1 answer:
Harrizon [31]2 years ago
7 0

Answer:

for what? sorry I didn't get your question.

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Amarillo Company experienced the following events during its first accounting period. (1) Purchased $5,000 of inventory on accou
Ksenya-84 [330]

Answer:

$(4,000)

Explanation:

Calculation to determine At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash

Inventory purchased on account $5000

Less Returned of inventory purchased $1,000

Net Operating Cash Flow $(4,000)

($5,000-$1,000)

Therefore At the end of the first accounting period what would be reported for Net Operating Cash Flow on the Statement of Cash is $(4,000)

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2 years ago
5. Explain what would happen to interest rates if a new process was developed that allowed automobiles to run off oil that was f
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Answer:

When the new processes are developed for manufacturing it results in interest rate fluctuations. However, operational costs would become uncertain which would further affect the total production costs. Thus the value of an investment would be impacted. Automobile demand from the customers will also get affected. thus, fall in interest rate will have a significant and positive affect on the sale of automobiles as well as revenue.

3 0
3 years ago
Because costs and benefits are both subjective, a person's cost-benefit analysis will always be based on what?
Allisa [31]

Answer: his or her unique values and benefits

Explanation: I just got it right

4 0
2 years ago
Read 2 more answers
The allowance for doubtful accounts is reported as a(n) __________ on the balance sheet.
Firlakuza [10]
B. The allowance for doubtful accounts is reported as a deduction from accounts receivable on the balance sheet
6 0
2 years ago
Annual payments of $20,000 on the finance lease liability are paid each January 1, beginning in 2021. During 2021, equipment wit
suter [353]

Answer:

C. New equipment was purchased for $145,000 cash. d. A $29,000 note was paid at maturity on January 1 e. On January 1, 2021, bonds were sold at their $58,000 face value. f. Common stock ($45,000 par) was sold for $65,000. 9. Net Income was $90,000 and cash dividends of $50,000 were paid to shareholders. Required: Prepare the statement of cash flows of Wright Company for the year ended December 31, 2021. Present cash flows from operating activities by the direct method. (Amounts to be deducted should be indicated with a minus sign. Enter your answers in thousands (.e., 10,000 should be entered as 10).) WRIGHT COMPANY Statement of Cash Flows For the year ended December 31, 2021 (s in thousands) Cash flows from operating activities Cash inflows Cash outflows Net cash flows from operating activities Cash flows from investing activities

Explanation:

8 0
3 years ago
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