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Anettt [7]
3 years ago
8

Question #3

Business
2 answers:
love history [14]3 years ago
5 0
It is a trade surplus
AysviL [449]3 years ago
4 0
Answer - trade surplus
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A cost-cutting project will decrease costs by $66,100 a year. The annual depreciation will be $15,750 and the tax rate is 35 per
Nataly_w [17]

Answer:

$48,478

Explanation:

Calculation to determine What is the operating cash flow for this project

Operating cash flow = [$66,100 ×(1 -.35)] + [$15,750 ×.35]

Operating cash flow = [$66,100 ×.65)+5,513.

Operating cash flow = 42,965+5,513

Operating cash flow = $48,478

Therefore the operating cash flow for this project will be $48,478

7 0
3 years ago
To take advantage of an arbitrage opportunity, an investor would 1) construct a zero-investment portfolio that will yield a sure
Alex_Xolod [135]

Answer:

Both statements I and III are correct.

Explanation:

<u>1.Construct a zero investment portfolio that will yield a sure profit </u>

<u> </u>

<u>3.Make simultaneous trades in two markets without any net investments</u>

7 0
4 years ago
Economics is the social science that tries to explain
Norma-Jean [14]
C I am pretty sure goodluck
8 0
3 years ago
Pharoah Corporation provides its officers with bonuses based on net income. For 2017, the bonuses total $384,900 and are paid on
Keith_Richards [23]

Answer: Pharaohs journal $

Date

December 31, 2017

StaffBonusexpensesDr384,900

Accruede liability Cr384,900

Narration. Staff bonus due as at date.

February 15,2018

Accrued liability Dr 384, 900

Bank Cr. 384,900

Narration. Payment of staff bonus due

Explanation:

In line with the acrual concept of recognising expenses at the period they are due for payment. The staff bonus will be recognized as an expense to the income statement in 2017 and accrued as liability in the balance sheet if it's not paid.

The payment in 2018 will be a debit to the liability account and credit to the cash or bank account.

5 0
3 years ago
Consider the following financial statements about DANIEL Co. for the current year 2015
neonofarm [45]

Answer:

a.  For the Year Ended December 31, 2015

Cash flows from operating activities:  

Cash received from customers                15586

Cash paid to suppliers                              -10260  

Cash paid for operating expenses           -3910

Cash paid for interest                                -220

Cash paid for income taxes                       -560

Net cash flow from operating activities      636

<u>Working: </u>

Sales                                                       16000

Less: Increase in accounts receivable -380

Less: Decrease in unearned revenue   -34

Cash received from customers             15586

Cost of goods sold                                 10000

Add: Decrease in accounts payable      360

Less: Decrease in inventory                    -100

Cash paid to suppliers                             10260

Operating expenses                                 4000

Less: Noncash expenses  

Depreciation expense                                -150

Impairment loss                                          -200

Cash operating expenses                          3650

Add: Increase in prepaid expenses           80

Add: Decrease in accrued liabilities           180

Cash paid for operating expenses             3910

Interest expense                               200

Add: Decrease in interest payable  20

Cash paid for interest                      220

Income tax expense                               600

Less: Increase in income tax payable   -40

Cash paid for income taxes                   560

(b)        Partial Cash Flow Statement (Indirect Method)

             For the Year Ended December 31, 2015

Cash flows from operating activities

Net income                                                  1200

Adjustments to reconcile net

income to operating cash flows:  

Depreciation expense                   150  

Impairment loss                              200  

Increase in accounts receivable -380  

Decrease in inventory                     100  

Increase in prepaid expenses       -80  

Decrease in accounts payable      -360  

Decrease in accrued liabilities       -180  

Decrease in interest payable         -20  

Decrease in unearned revenue      -34  

Increase in income tax payable      40              -564

Net cash flow from operating activities          636

4 0
3 years ago
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