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kobusy [5.1K]
3 years ago
15

The following information should be used to according to the provisions of GAAP (Statement of Cash Flows) and using the followin

g data. Net income $50,000 Provision for bad debts $2,000 Decrease in inventory $1,000 Decrease in accounts payable $2,000 Purchase of new equipment $35,000 Sale of equipment for $10,000 loss $20,000 Depreciation expense $6,000 Repurchase of common stock $13,000 Payment of dividend $4,000 Interest payment $3,000 What is net cash flow from operations
Business
1 answer:
yanalaym [24]3 years ago
3 0

Answer:

                   

Explanation:

You might be interested in
The opportunity cost of receiving a 93 on the economics exam is ______ points on the statistics exam.
rosijanka [135]

The opportunity cost of receiving a 93 on the economics exam is productive efficient points on the statistics exam.

Whst is opportunity cost?

The "opportunity cost" of choosing one course of action over another is the potential profit lost due to a missed opportunity. Add all of the potential costs together to get the opportunity cost.

The economics are the examine the productive efficient of the opportunity cost. The production of the goods are the lowest cost as possible unit cost.

As a result, the opportunity cost of the 93 are the reciving of the productive efficient.

Learn more about on opportunity cost, here:

brainly.com/question/13036997

#SPJ4

6 0
1 year ago
Connor Company produces speaker systems for cars. Estimated sales (in units) in January are 40,000; in February 37,000; and in M
Vera_Pavlovna [14]

Answer:

Our answer is E 114,420

Explanation:

Production budget:    

                                                 Jan   Feb            Mar

Budgeted sales units  40000   37000           34000

Add: Ending inventory        12950   11900  

Total requirement         52950   48900  

Less: Beginning inventory 14000    12950  

Budgeted production units 38950 35950  

Purchase budget of Box:    

                                               Jan           Feb  

Budgeted production  38950 35950  

Bx required per unit   3          3  

Total requirement of Boxes 116850 107850  

Add: Ending inventory         21570  

Total boxes needed  138420  

Less: Beginning inventory 24000  

Budgeted Purchase boxes 114420  

Answer is E. 114420    

5 0
3 years ago
Blossom, Inc. decided to establish a petty cash fund to help ensure internal control over its small cash expenditures. The follo
Crazy boy [7]

Answer:

The Journal entry with their narrations shown below:-

Explanation:

The Journal Entry is shown below:-

1. Petty cash Dr, $271

       To Cash $271

(Being establishment of petty cash fund is recorded)

2. Freight-in Expenses(delivery charges) Dr, $76

Supplies expenses Dr, $41

Postage expenses Dr, $49

Loan to employees (Accounts receivable) Dr, $33

Miscellaneous expenses Dr, $52

Cash short and over Dr, $8

         To Cash                              $259

($271 - $12)

(Being disbursement of cash is recorded)

3. Petty cash Dr,  $116

       To cash  $116

(Being increase in petty cash is recorded)

6 0
3 years ago
Cake is a product of the Chester company which is primarily sold in the Americas Budget segment. Chester starts to create their
alekssr [168]

Answer:

Cake demand next year=1,267,498 units

Explanation:

Y=I+G

where;

Y=cake demand next year

I=initial demand

G=growth demand

Meaning;

Cake demand next year=Initial demand+growth demand

where;

Initial demand=1,207,141 units

growth demand=5% of initial demand

growth demand=(5/100)×1,207,141=60,357.05 units

replacing;

Cake demand next year=1,207,141+60,357.05=1,267,498.05

Cake demand next year=1,267,498.05 units rounded off to the nearest unit=1,267,498 units

5 0
3 years ago
Watson consulting, llc is a consultancy to consultants. They have bonds which have a face value of $1,000. The bonds carry a 3.5
Montano1993 [528]

Answer:

The current market price is $ 883.08  

Explanation:

The current market price can be ascertained using the pv excel function as follows:

=-pv(rate,nper,pmt,fv)

rate is the semiannual yield to maturity which is 5%/2

nper is the number of semiannual coupons in the bond i.e 10*2=20

pmt is the semiannual coupon=3.5%*1/2*$1000=$17.5

fv is the face value of the bond

=-pv(5%/2,20,17.5,1000)=$ 883.08  

3 0
3 years ago
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