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mariarad [96]
2 years ago
11

Swifty Corporation reported net income of $203000 for the year. During the year, accounts receivable increased by $15000, accoun

ts payable decreased by $6000 and depreciation expense of $32000 was recorded. Net cash provided by operating activities for the year is: __________
a. $214000.
b. $192000.
c. $179000.
d. $203000.
Business
1 answer:
frosja888 [35]2 years ago
7 0

Answer:

la respuesta es la a espero te ayude

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Which of the following groups on the Home tab contain commands to format text as a bulleted or numbered list?
Monica [59]

Answer: Paragraph

Explanation: The paragraph group on the Home tab contains the command required for necessary paragraph formatting including multilevel list, indentation adjustment, line spacing between and after paragraphs, text alignment options,borders, bullets and numbering formatting options.

The bullet and numbering text formatting options provides oprions to either use stylish filled circles to denote distinction in a list or use direct numbering of each items in a list.

8 0
3 years ago
Cathrine Corporation acquired a machine for $26,000, and has recorded depreciation for 3 yearsusing the straight-line method ove
Gemiola [76]

Answer:

$2,000

Explanation:

Net book value at the end of the 3rd year=26,000-((26,000-2,000/6)*3)

                                                                     =$14,000

Since the useful life of machine is now revised from the 6 years to 10 years, therefore the total remaining useful life of machine is now 7 years instead of 3 years and accordingly the depreciation from year 4 to year 10 shall be calculated as follows:

Depreciation per year from year 4 to year 10=*14,000-0)/7=$2,000

           

6 0
3 years ago
Tom’s T.V.’s sold one of their premium products, a new 60" flat screen 3D T.V. to a customer who paid $2,000 in cash. How would
nikdorinn [45]

Answer:

Impact of $2,000 sale on accounting equation is as follow:

Accounting Equation

 Asset             =        Equity           +      Liabilities

Cash+2000        Sales+2,000            No Effect

As cash an asset for the business, so the receipt will increase the balance of assets of the company. The revenue is ultimately adjusted to equity in the form of net income after deducting all the expenses. This transaction will result in increase of equity balance by the sale amount.

Explanation:

The Following journal Entry will support my answer:

Sales amount = 2,000

As this transaction is made on cash basis the following Journal entry will be recorded for this event.

                   Dr.          Cr.

Cash       $2,000

Sales                    $2,000

5 0
3 years ago
Historical returns have generally been __________ for stocks of small firms as (than) for stocks of large firms.
g100num [7]

Historical returns have generally been higher for stocks of small firms as (than) for stocks of large firms.

<h3>What is stocks?</h3>

Stock in finance refers to the shares into which a corporation or company's ownership is divided. A single share of stock represents fractional ownership of the firm based on the total number of shares.

A stock is a type of instrument that implies the holder owns a share of the issuing firm and is typically traded on stock markets. Corporations issue stock in order to raise funds to run their enterprises. Stock is classified into two types: common and preferred.

Stocks are ownership stakes in a publicly traded corporation. When you purchase stock in a corporation, you become a part-owner of that company. If a corporation has 100,000 shares and you purchase 1,000 of them, you own 1% of the company.

To know more about stocks follow the link:

brainly.com/question/25818989

#SPJ4

3 0
1 year ago
In economics, the forces of___________________and__________________ determine the ____________________ in the market. Group of a
ASHA 777 [7]

Answer:

Supply and demand and price

Explanation:

In economics, the forces of supply and demand determine the price in the market.

5 0
2 years ago
Read 2 more answers
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