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Vesna [10]
2 years ago
7

Russell Co. reports sales revenue of $30,600 and interest revenue of $5,600. Its comparative balance sheet shows that accounts r

eceivable decreased $4,600 and interest receivable increased $1,150. Compute cash provided by operating activities using the direct method
Business
1 answer:
Goryan [66]2 years ago
6 0

Answer:

Cash provided by operating activities $39,650

Explanation:

The computation of the cash provided by operating activities under the direct method is as follows:

Sales Revenue     $30,600

Decrease in Account Receivable $4,600

Interest Revenue $5,600

Increase in Interest Receivable - $1,150

Cash provided by operating activities $39,650

We simply applied the above sequence so that the correct value could come

And, the same is to be considered

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Range Economies of Scale Constant Returns to Scale Diseconomies of Scale More than 400 bikes per month Fewer than 300 bikes per
RideAnS [48]
  • Diseconomies of scale result from monthly bike sales of more than 400.
  • Economies of scale = fewer than 300 bikes each month
  • Monthly bike sales of between 300 and 400 bikes = Constant Returns to Scale.
<h3>What is Diseconomies of scale?</h3>
  • Diseconomies of scale are the cost disadvantages that economic actors experience as a result of growing their organizational size or their output.
  • Which leads to higher per-unit costs for the production of products and services.
  • Economies of scale are opposed by the idea of diseconomies of scale.
<h3>What is Economies of scale ?</h3>
  • The cost advantages that businesses experience as a result of their size of operation are known as economies of scale.
  • And they are often quantified by the amount of output generated in a given amount of time.
  • Scale can be increased when the cost per unit of output decreases.
<h3>What is Constant Returns to Scale?</h3>
  • When a company's inputs, such as capital and labor, expand at the same rate as its outputs, or the value of their goods, this is known as a constant return to scale in economics.
  • Returns to scale are measurements over a long time.

Learn more about Constant Returns to Scale here:

brainly.com/question/17326273

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7 0
2 years ago
When the present value of the cash inflows exceeds the initial cost of a project, then the project should be: accepted because t
AURORKA [14]
Is the multiple chose in it right or nah? <span />
6 0
3 years ago
No arbitrage is equivalent to the idea that all risk-free investments should offer investors:
olga nikolaevna [1]

Answer:

JOIN MY ZOOM  528-468-7585

Explanation:

7 0
2 years ago
On December 31, the balance in the office supplies account is $1,300. A physical count shows $510 worth of supplies on hand. Req
madam [21]

Answer:

Date                    Account title                                               Debit          Credit

December 1        Office Supplies Expense                           $790

                            Office Supplies                                                             $790

Explanation:

Office supplies is an asset but when it is used it should be debited to the office supplies expense account because it becomes an expense that should be catered for in the Income statement.

The office expense that is used for the year is:

= Book balance - Physical inventory

= 1,300 - 510

= $790

3 0
3 years ago
A company’s retained earnings increased $375,000 last year and its assets increased $973,000. The company declared a $79,000 cas
Alex Ar [27]

Answer:

C. $454,000.

Explanation:

We know that

The ending balance of retained earnings = Opening balance of retained earnings + net income - dividend paid

$375,000 = $0 + net income - $79,000

So, the net income would be

= $375,000 + $79,000

= $454,000

The ending balance of retained earnings - Opening balance of retained earnings is also known as increase in retained earning

6 0
3 years ago
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