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
Verdich [7]
3 years ago
8

Cheyenne Corp. had the following transactions during 2017:

Business
1 answer:
olasank [31]3 years ago
4 0

Answer:

$316,800

Explanation:

Cashflow from Operating activities = Cash sales - Paid wages - Bought Inventory for cash

Cashflow from Operating activities = $704,000 - $105,600 - $281,600

Cashflow from Operating activities = $316,800

So, the net cash provided by operating activities is $316,800

You might be interested in
Which crop saved jamestown by making money for the settlement’s investors?
Rasek [7]

Answer:

Tobacco

Explanation:

No explanation needed.

3 0
2 years ago
On January​ 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years or 50,0
Aneli [31]

Answer:

Accumulated depreciation= $276,000

Explanation:

Giving the following information:

On January​ 2, 2019, Kaiman Corporation acquired equipment for $ 700,000. The estimated life of the equipment is 5 years. The estimated residual value is $ 10,000.

Depreciable value= 700,000 - 10,000= 690,000

Straight-line depreciation= 690,000/5= $138,000

Accumulated depreciation= 138,000*2= $276,000

5 0
3 years ago
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which in
otez555 [7]

Answer:

                                  Trial Balance

Items                                     Group             Debit ($)    Credit ($)

Cash                                      Asset               37641

Office Supplies                     Asset               890

Prepaid Insurance                Asset               4600  

Office Equipment                 Asset               12900

Accounts Payable                Liability                                12900

Capital                                   Equity                                  18000

Withdrawals                          Equity              3329  

Engineering Fees earned    Revenue                              36000

Rent Expense                        Expense         <u>7540</u>           <u>            </u>

Total                                                               <u>$66900</u>      <u>$66900</u>

6 0
3 years ago
Bedekar, Inc., has an issue of preferred stock outstanding that pays a $3.40 dividend every year in perpetuity. If this issue cu
Ainat [17]

Answer:

i=4.84%

Explanation:

the key to answer this question, is to remember the model of return for a perpeuity dividend calculation:

Value=\frac{1}{i-k}

where value is the current stock price, i is the dividend yield and k is the growth rate, so applying to this particular case we have

k=3.4/91

k=3.74%

and solving i for the previous formula:

91=\frac{1}{i-0.0374}

0.01098={i-0.0374}

i=4.84\%

8 0
3 years ago
A select list of transactions for Anuradha's Goals follows:
umka2103 [35]

Answer:

April 1. Paid six months of rent, $4,800

Requires Deferred expense-type of adjusting entry

April 10. Received $1,200 from customer for six month service contract that began April 1.

Requires Deferred revenue-type of adjusting entry

April 15. Purchased a computer for $1,000.

Requires Deferred expense-type of adjusting entry

April 18. Purchased $300 of office supplies on account

Requires Deferred expense-type of adjusting entry

April 30. Work performed but not yet billed to customer, $500

Requires Accrued revenue-type of adjusting entry

April 30. Employees earned $600 in salaries that will be paid May 2.

Requires Accrued expenses-type of adjusting entry

7 0
3 years ago
Other questions:
  • A reinforcement is given for the first response after a variable time interval has elapsed in a _____ schedule.
    12·1 answer
  • Recently, many organizations have added __________ to their mission statements.
    14·1 answer
  • Knowing the company's strategic plan and understanding the company's financial capabilities is part of the _____ competence requ
    14·1 answer
  • Burj khalifa's location
    7·1 answer
  • What is a trust established while the owner of the trust is still alive
    8·1 answer
  • Inferior company sells products that are poorly made. jack, who has never bought an inferior product, files a suit against infer
    10·1 answer
  • Assume that output was 1,000 units in January and 3,500 units in February, utility cost is a mixed cost, and the fixed cost of u
    9·1 answer
  • Keith enjoys cutting hair and he just graduated from a cosmetology program. He has opened up his own shop, but it has not grown
    14·1 answer
  • Gap, Inc. owns Banana Republic, Old Navy, and Gap brands, all of which are brands of clothing targeting different segments of th
    14·1 answer
  • 1 points Time Remaining 1 hour 14 minutes 35 seconds01:14:35 eBookPrintReferencesCheck my workCheck My Work button is now enable
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!