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natta225 [31]
4 years ago
5

During the last year of operations, Theta’s accounts receivable increased by $10,000, accounts payable increased by $5,000, and

inventories decreased by $2,000. What is the total impact of these changes on the difference between profits and cash flow?
Business
1 answer:
Serga [27]4 years ago
8 0

Answer:

$3,000

Explanation:

An increase in accounts receivable reduces cash flow by $10,000. An increase in accounts payable increases cash flow by $5,000. A decrease in inventory increases cash flow by $2,000. The total impact is a reduction in cash flow by $3,000.

A cash flow statement is a statement shows how changes in rn balance sheet and income statement affects cash and other cash equivalents.

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C. Take minimal precautions
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3 years ago
Kemp Corporation manufactures a variety of parts for use in its product. The company has always produced all of the necessary pa
dedylja [7]

Answer:

financial advantage of purchasing from outside vendor = $36,000

Explanation:

outside vendor offers 18,000 units at $40 per unit = $720,000

current production costs (for 18,000 units):

  • Direct materials $324,000
  • Direct labor $162,000
  • Variable manufacturing overhead $36,000
  • Fixed manufacturing overhead, traceable $162,000 ($54,000 avoidable)
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total avoidable costs = $576,000

additional revenue generated by freed facilities = $180,000

financial advantage of purchasing from outside vendor = ($576,000 + $180,000) - $720,000 = $36,000

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4 years ago
For this situation below , determine the premium will likely increase, decrease , or remain the same. deon chooses a lower deduc
kozerog [31]

Answer:

Increase.

Explanation:

The question above refers to auto insurance premium, which is a system that, through a monthly payment, allows an insurer to provide financial support to car owners as a form of security in case of accidents or injuries during driving. .

Many people do not know, however, under contracts with car insurers, smaller deductibles cause the premium to increase, making the individual responsible for insurance need to pay a higher monthly amount. A higher deductible, on the other hand, would reduce the value of the premium. In this case, we can say that if Deon chooses a lower deductible, he will have the high premium.

8 0
3 years ago
The Brick Company has announced the following financial information for the period ending March 31, 2017: sales of $1.4 million,
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Answer: <u> Net income = $201,000</u>

Explanation:

Net income = (Sales - COGS - depreciation - interest expense)(1 - tax)

where;

Sales = $1,400,000

COGS(Cost of goods sold) = $ 800,000

Depreciation = $175,000

Interest expense = $90,000

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Net income = 335,000 \times 0.6

<u> Net income = $201,000</u>

5 0
4 years ago
Imagination Museum is holding nominations for its board of directors. It is the first time that over half of the positions are v
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Answer:

E- Gender balance

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