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3 years ago

Fitz Company reports the following information.

Business

1 answer:

Ludmilka [50]3 years ago

8 0

Answer and Explanation:

The preparation of the operating activities section is presented below:

Net income $409,000

Add: Accounts receivable decrease $37,300

Add: Depreciation expense 46,800

Add: Inventory decrease 44,500

Add Amortization expense 7,700

Less: Prepaid expenses increase -6,900

Less: Gain on sale of plant assets -6,300

Less: Accounts payable decrease -10,000

Add: Salaries payable increase -2,000

Net cash flow from operating activities $524,100

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You find a certain stock that had returns of 14 percent, −11 percent, 21 percent, and 22 percent for four of the last five years

sp2606 [1]

Answer and Explanation:

The calculations of the stock return for the missing year is shown below:

a. Let us assume the fifth year stock return be x

As we know that

Average rate of return = Total returns ÷ number of years

0.12 = (0.1 - 0.11 + 0.21 + 0.22 + x) ÷ 5

So after solving this, the x is 14%

b. Now the standard deviation of the stock return is presented in the excel spreadsheet

The standard deviation is 13.40%

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3 years ago

The ______ predicts that when someone is kind to us we will return their kindness.

Kruka [31]

The _____ predicts that, when someone is kind to us, we will return their kindness.
norm of reciprocity.hope this hepls❤️

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3 years ago

Assume that currently banks pay 2% interest on money that customers deposit in savings accounts. As the overall amount of money

postnew [5]

Answer:

The supply of savings increases.

Explanation:

We know that the supply of loanable funds is dependent upon the amount of deposits in the savings account. Supply curve of loanable funds represents the direct relationship between the quantity supplied and the interest rate. It is a upward sloping curve which indicates that an increase in the interest rate will lead to increase the quantity supply of loanable funds.

There is a change in the supply of loanable funds if there is any change in the savings behavior of the customers. If the savings of the customers increases then as a result the supply of savings also increases.

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4 years ago

How much money did the betty white challenge raise.

jeka94

Answer: On Monday, Jan. 17, which would have been White’s 100th birthday, fans honored her legacy by donating $5 each to animal rights groups for what has been dubbed the #BettyWhiteChallenge. The challenge was a massive success, with hundreds of thousands of dollars raised for shelters, zoos, and animal rights organizations across the country.

Explanation: Hope this helps :)

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3 years ago

Read 2 more answers

assume that in the short run a firm is producing 800 units of output, has average total costs of $150, and has cost of $100. the

MakcuM [25]

Answer:

$80,000

Explanation:

Missing word <em>"and has average variable costs of $100"</em>

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Note: AVC = Average variable cost, TVC = total variable cost

AVC = TVC / Output

$100 = TVC/800 units

TVC = $100*800 units

TVC = $80,000

So, the firm's total variable costs are $80,000.

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4 years ago