1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kaheart [24]
3 years ago
7

Quince Holman Corporation reports: Cash provided by operating activities $250,000 Cash used by investing activities 110,000 Cash

provided by financing activities 140,000 Beginning cash balance 70,000 What is Holman's ending cash balance
Business
1 answer:
mash [69]3 years ago
5 0

Answer:

Holman's ending cash balance is $350,000.

Explanation:

The Ending Cash Balance can be obtained by Preparing a Cash Flow Statement as follows :

<u>Quince Holman Corporation </u>

<u>Cash Flow Statement</u>

Net Cash from Operating Activities                                        $250,000

Net Cash from Investing Activities                                          ($110,000)

Net Cash from Financing  Activities                                        $140,000

Movement during the Year                                                     $280,000

Cash and Cash Equivalents at the Beginning of the year      $70,000

Cash and Cash Equivalents at the End of the year               $350,000

Conclusion :

Holman's ending cash balance is $350,000.

You might be interested in
Why are people with savings hurt by inflation?
oksian1 [2.3K]

Answer:

B) The money they saved in the past is worth less in the future

Explanation:

7 0
3 years ago
Walden Industries is considering investing in productionminusmanagement software that costs $ 630 comma 000​, has $ 60 comma 000
nadya68 [22]

Answer:

345,000

Explanation:

accounting rate of return:

\frac{net \:profit}{average \: investment}

The average investment will be the average between the ending and beginning book value of the investment:

In this case, the acquisition of the software and his salvage value at the end of the useful life.

( 630,000 + 60,000 ) / 2 = 345,000

4 0
2 years ago
As a revenue cycle auditor, explain how you will monitor compliance, denials, resubmitted claims, appeals for denied claims, and
goldfiish [28.3K]

Answer:

Ashley should review medical records for documentation compliance for CPT, Level II HCPCS, and diagnosis codes determining that regulations are being complied with as evidenced in medical record documentation; and evaluating appropriateness of billing and coding procedures.

Explanation:

7 0
2 years ago
The marginal product of labor in the production of computer chips is 3030 chips per hour. The marginal rate of technical substit
fredd [130]

Answer:

150

Explanation:

As we know that

The marginal rate of technical substitution ​(MRTS) = Marginal product of labor ÷ Marginal product of capital

where,

The marginal rate of technical substitution ​(MRTS) = 0.20

And, the marginal product of labor is 30 chips per hour

So, the marginal product of capital is

= 30 chips per hour ÷ 0.20

= 150

The marginal rate of technical substitution ​(MRTS​) shows a relationship between the marginal product of labor and the marginal product of capital

5 0
3 years ago
at meta, we seek to offer products and services truly designed for all. how will your lived experiences (educational, profession
Butoxors [25]

As someone who has experienced different educational and professional environments, I believe that I can offer Meta's product teams a new perspective on how our products can be used to benefit everyone. I have seen firsthand how different people learn and work, and I believe that Meta's products can be designed to accommodate different learning and working styles.

It is also believed that Meta's products can be designed to be more accessible and user-friendly for people of all abilities. In addition, I have experience working with people from diverse educational backgrounds, and I believe that this experience can help me contribute to Meta's efforts to create products that are truly designed for all.

Learn more about education here: brainly.com/question/25887038

#SPJ4

7 0
2 years ago
Other questions:
  • Your factory has been offered a contract to produce a part for a new printer. The contract would last for three​ years, and your
    15·1 answer
  • Ronald is 92 years old and in poor health. Clever investing earlier in his life has left him with a sizeable income. He is able
    5·1 answer
  • If the cost of steel increases, then the supply of cars will shift and this shift would cause a shortage of cars to open up at t
    14·1 answer
  • Teall Company hired you as a consultant to help them estimate its cost of capital. You have been provided with the following dat
    6·1 answer
  • Where are shares of the reporting company's common stock issued in exchange for cash reported on a statement of cash flows?
    11·1 answer
  • Dream Threads Company sells hand-sewn shirts for $40 per shirt. It incurs monthly fixed costs of $7000. The contribution margin
    11·1 answer
  • Dallas Boot Corporation has been asked to submit a bid on supplying 1,000 pairs of military combat boots to the Armed Forces Tra
    12·1 answer
  • Jones Company bought Wood Company in 2020 and appropriately recorded $750,000 of goodwill related to the purchase. On December 3
    11·1 answer
  • To ensure that employees are learning the content effectively during the training program, firms should (choose all that apply):
    7·1 answer
  • Which of the following sources of marketing career information will give you
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!