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miskamm [114]
2 years ago
14

A firm had after-tax income last year of $3.0 million. Its depreciation expenses were $0.6 million, and its total cash flow was

$3.0 million. What happened to net working capital during the year?
Business
1 answer:
Maksim231197 [3]2 years ago
5 0

Answer:

566665322223ggaaqdvhue

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ABC Company has completed the basic format to be used in preparing the statement of cash flows (indirect method). Listed below i
Wewaii [24]

Answer:

1. b. $1,198 Inflow

2. a. $2,143 outflow

3. a. $1,587 Inflow.

Explanation:

<u>Determination of net cash provided by operating activities</u>

                                                          $

Cash flow from Operating Activities

Net income                                                        1,878

Adjust for :

Depreciation expense                                        184

Decrease in inventory                                        253

Increase in prepaid rent                                     (75)

Increase in accounts receivable                      (530)

Increase in accounts payable                            160

Gain on sale of land                                          (136)

Net cash provided by operating activities      1,734

<u>Determination of net cash provided by Investing activities</u>

                                                                   $

Cash flow from Investing Activities

Purchase of equipment                             (2,210)

Cash received from the sale of land              67

Net cash provided by Investing activities (2,143)

<u>Determination of net cash flow by financing activities</u>

                                                                     $

Cash flow from Financing Activities

Payment of dividends                              (360)

Issuance of common stock                    2,440

Repayment of notes payable                  (493)

Net cash flow by financing activities      1,587

3 0
2 years ago
The real risk-free rate is the increment to purchasing power that the lender earns in order to induce him or her to forego curre
galben [10]

Answer: True

         

Explanation: In simple words, real risk free rate refers to the rate than a borrower can actually get in the market for a specified amount and for a specified period.

Real risk free rate is seen as a measure of how the economy of a country is performing and is calculated by subtracting the inflation rate from the treasury bonds of the govt. which match the durability of the borrower.

   It depicts the actual increase in purchasing power as it deducts the impact of inflation over time. Thus, the given statement is true.

6 0
3 years ago
Degregorio Corporation makes a product that uses a material with the following direct material standards: Standard quantity 2.5
nydimaria [60]

Answer:

Materials quantity variance = $1,750(U)

Explanation:

Standard quantity(SQ) = $2.5 * 6600 = 16500 Kg

Standard Price( SP) = $5  

Actual quantity(AQ) = 16,850 Kg  

Actual Price( AP) = $90,720 / 18,900 kg = $4.8

Materials quantity variance = SP * (SQ - AQ)  

Materials quantity variance = 5 * ( 16500 - 16,850 )

Materials quantity variance = 5 * (350)

Materials quantity variance = $1,750(U)

7 0
3 years ago
When you purchase an item,
Sunny_sXe [5.5K]

Answer:

it would be C bc they sold something

4 0
2 years ago
Aaron and Donald sign a written contract in which Aaron agrees to supply raw materials to Donald’s company in return for set fee
juin [17]
Unilateral contract is the correct answer
5 0
3 years ago
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