1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Likurg_2 [28]
3 years ago
11

The income statement of Martinez Company is shown below. MARTINEZ COMPANY INCOME STATEMENT FOR THE YEAR ENDED DECEMBER 31, 2020

Business
1 answer:
Pani-rosa [81]3 years ago
5 0

Answer:

                  Cash flow from operating activities  

Net income                                                                    $310,000

<u><em>Adjustment to reconcile net income to</em></u>

<u><em>net cash provided by operating activities</em></u>

Depreciation expense                           $70,000

Decrease in account receivable           $300,000

Decrease in inventory                            $620,000

Increase prepaid expense                    -$150,000

Decrease account payable                   -$280,000

Decrease accured expense payable   -<u>$110,000  </u>      <u>$450,000</u>

Net cash outflow from operating activities                  <u>$760,000</u>

You might be interested in
Some people consistently make great investment decisions. Why?
zloy xaker [14]

The answer is D:both A and B

5 0
3 years ago
Firm A employs a high degree of operating leverage; Firm B takes a more conservative approach. Which of the following comparativ
Aneli [31]

Answer:

Statement B is correct.

Explanation:

High Operating Leverage represents higher fixed cost in comparison to variable cost, and thus that means the company will get its break even earlier or we can say with low units, but after break even profits will be higher.

As in the given case Firm A has higher Operating Leverage than Firm B, thus Firm A has lower Break even point but eventually its profit after reaching break even will grow higher.

Thus, Statement B is correct

4 0
3 years ago
4. Steel-frame construction relies on the creation of _______ to sustain the weight of the building. A. a steel cage B. mass pro
Sloan [31]

Steel-frame construction relies on the creation of a sound foundation to sustain the weight of the building, because without that all our buildings we have now would suffer from erosion causing the building to shift or even collapse.;


3 0
3 years ago
The principal offensive strategy options include all of the following EXCEPT:A.using a cost advantage to attack competitors on t
Len [333]

Answer:

All are options for offensive strategy

Explanation:

In this question, we are trying to select an option which is not in terms with the other options as regards what principal offensive strategy should be.

Now, what the term principal offensive strategy refers to is that it is a type of corporate strategy that pushes for changes within the industry. What we are trying to say is that, the principal offensive strategy pursues an agenda that is pushing for a change within the industry.

Efforts might be concerted or individual steps might be taken. Hence, various techniques or strategies are in place to be used.

Offensive strategy types includes, an end run strategy where a company does not want competition and thus explore the part of the market with little or none.

A preemptive one which seek to conform some advantages on the company as it is the first one based on demographics

Others include: an acquisition and a direct attack strategy

3 0
3 years ago
A business process consists of one or moreâ _______, many of which are supported by information systems.
Pani-rosa [81]
The answer is A operations
6 0
4 years ago
Other questions:
  • Jamal has been tasked with putting together a new team for a new Starbucks project line. As Jamal thinks through the components
    14·1 answer
  • Dipboye's model of interviewer decision making implies which of the following? a. The interviewer controls what information is p
    14·1 answer
  • What is the future value of 25 periodic payments of $5,440 each made at the beginning of each period and compounded at 8%? (Roun
    5·1 answer
  • A certain production process requires only two types of inputs — capital and labor. In 2006, 100 units of labor and 50 units of
    5·1 answer
  • Penguin Island produces capital goods and consumption goods. Suppose its economy experiences growth. In this case, growth means
    11·1 answer
  • ________ policy is when a central bank acts to increase the money supply in an effort to stimulate the economy. Choose one:
    11·1 answer
  • Vanessa is the purchasing manager at General Things, a maker of housewares. She has evaluated the first year's performance of Hu
    13·1 answer
  • The following accounts appear in the ledger of Oriole Company after the books are closed at December 31, 2020.
    6·2 answers
  • The following revenue and expense account balances were taken from the ledger of Guardian Health Services Co. after the accounts
    5·1 answer
  • Delfino's expects to pay an annual dividend of $1.50 per share next year. what is the anticipated dividend for year 3 if the fir
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!