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
frutty [35]
3 years ago
12

Nelson Company experienced the following transactions during Year 1, its first year in operation.Issued $9,200 of common stock t

o stockholdersProvided $5,500 of services on accountPaid $2,400 cash for operating expensesCollected $3,500 of cash from accounts receivablePaid a $260 cash dividend to stockholdersWhat is the of net cash flow from operating activities shown on the Year 1 statement of cash flows
Business
1 answer:
nikitadnepr [17]3 years ago
4 0

Answer:

the net cash flow from operating activities for the year 1 is $1,100

Explanation:

The computation of the net cash flow from operating activities is shown below:

= Cash collection from account receivable - cash paid for the operating expenses

= $3,500 - $2,400

= $1,100

Hence, the net cash flow from operating activities for the year 1 is $1,100

We simply applied the above formula so that the correct value could come

And, the same is to be considered

You might be interested in
g If a firm can earn a profit stream of $50,000 per year for 10 years, that profit stream is worth:1)A)nothing today)less than $
galben [10]

Answer:

b)less than $500,000 today, but a positive amount.

Explanation:

By the virtue of the concepts of compounding and discounting, we understand that $1 today is worth more that $1 in the future.

Where Pv = Present value

Fv = Future value

r = discount rate

t = time

Fv = Pv ( 1 + r)^t

As such If a firm can earn a profit stream of $50,000 per year for 10 years, that profit stream is worth less than $500,000 today, but a positive amount.

5 0
3 years ago
An agreement is which similar organizations agree too assume the processing for the other in the event a disaster occurs is know
OLEGan [10]

A mutual aid agreement is one in which comparable organizations consent to take over one other's processes in the event of a crisis.

<h3>mutual aid arrangement is what?</h3>

Mutual aid contracts provide the framework through which two or more organizations may share resources. Mutual assistance agreements may permit assistance to be given within two or even more neighboring municipalities, between governments, between federal departments, and/or globally. They may also provide assistance to be given among all authorities within a state.

<h3>What serves as the basis for mutual aid?</h3>

The concept and practice of mutual aid is founded on the values of direct action, collaboration, understanding, and solidarity. Mutual help, as opposed to charity, is the development and maintenance of new social networks where people contribute what they have and receive what they need, free from oppressive systems of authority.

to know more about  mutual aid agreements visit:

brainly.com/question/29641092

#SPJ4

6 0
1 year ago
Henrique​ Correa's bakery prepares all its cakes between 4 A.M.and 6 A.M.so they will be fresh when customers arrive.​ Day-old c
sashaice [31]

Answer:

27

Explanation:

The computation of the optimal stocking level for the bakery is shown below:

Given that

Cost = c = $7

Selling price =  p = $ 10

salvage value =  s = $ 5

Mean = 25

Standard deviation = \sigma= 8

Now based on the above information

underage cost = Cu  = p-c = $10 - $7 = $3

And,

overage cost = Co = c-s = $7 - $5 = $2

So,

\frac{P\leq C_{u}}{(C_{u}+C_{o})}\\\\\frac{P\leq3}{(3+2)}

= 0.6

Now use normsinv() function in excel

So,

The Z value for the probability 0.6 is 0.2533

Now finally

The optimal stocking level is

=\mu +z\sigma

= 25 + 0.2533 × 8

= 27.02

= 27

3 0
3 years ago
Wood Carving Corporation manufactures three products. Because of a recent lack of skillled wood carvers, the corporation has had
ExtremeBDS [4]

Answer:

C. $19,600

Explanation:

The contribution margin per hour can be obtained by dividing the difference between the price and variable costs by the number of labor hours required.

\left[\begin{array}{cccc}\ &LO&ES&CH\\Price&30&80&42\\Cost&20&40&20\\Labor \ hours&1&6&2\\margin\ per\ hour&10&6.67&11\end{array}\right]

Since the candle holders yield the greatest contribution per hour, the maximum of 800 units of this product should be produced. The remaining labor hours after producing candle holders is:

LH_1 = 1,800 - 800*2 = 200

The remaining hours should be used to produce letter openers since they provide the next best contribution per hour. 200 letter openers can be produced with the remaining hours.

The maximum contribution margin that Wood Carving can generate next month is:

CM = 200*(\$30-\$20)+800*(\$42-\$20)\\CM=\$19,600

7 0
3 years ago
The predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find ______. Multiple choice qu
Julli [10]

The predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find the applied overhead.

<h3>How to calculate the overhead applied in a job</h3>

Applied overhead is a fixed rate charged to a specific production job, good produced, or department within an organization.

This overhead applied are calculated by finding the product of the predetermined overhead rate and the actual allocation base incured by a job

Hence we can conclude that the predetermined overhead rate is multiplied by the actual allocation base incurred by a job to find the applied overhead.

Learn more on applied overhead here: brainly.com/question/8148429

3 0
2 years ago
Other questions:
  • The full-production level of our economy implies ____.
    9·1 answer
  • Show what you need for each of your calculator keys when computing your answer.
    7·1 answer
  • The return on the market portfolio is currently​ 12%. Mobile Phone Corporation stockholders require a rate of return of​ 30% and
    13·1 answer
  • The stage of the new-product process that involves developing a pool of concepts to serve as candidates for new-products is refe
    12·1 answer
  • Cost Flow Relationships
    10·1 answer
  • Given no cash leakage and zero excess reserves held by banks, if reserves increase by $8 billion and the required reserve ratio
    10·1 answer
  • Direct Labor Cost Budget Pasadena Candle Inc. budgeted production of 33,000 candles for January. Each candle requires molding. A
    15·1 answer
  • 1-a. How much will net operating income increase (decrease) per month if the monthly advertising budget increases by $8,400, the
    14·1 answer
  • Consider the production department of a manufacturer of laptop computers. Classify the cost of the factory maintenance manager's
    9·1 answer
  • Select the best answer for the question.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!