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
vagabundo [1.1K]
2 years ago
15

Telfer, Inc. reported net income of $2.7 million in 2020. Depreciation for the year was $162,300, accounts receivable decreased

$357,400, and accounts payable decreased $296,500. Compute net cash provided by operating activities using the indirect method.
Business
1 answer:
vovikov84 [41]2 years ago
5 0

Answer:

See below

Explanation:

Computation of net cash provided by operating activities using the indirect method

Cash flow from operating activities

Net income

$2,700,000

Adjustments to reconcile net income

Add: Decrease in accounts receivable

$357,400

Less: Decrease in accounts payable

$296,500

Add: Depreciation expense for the year

$162,300

Net cash provided by operating activities

$2,923,200

You might be interested in
What does this mean help
Black_prince [1.1K]
Chill/Sleep mode... I think errr
3 0
3 years ago
Suppose Yamahonda, a Japanese-owned motorcycle manufacturer, builds a production plant in Alabama. This is an example of foreign
Alika [10]

Answer:

The statement is true, as it is an example of foreign direct investment.

Explanation:

Foreign direct investment is the direct investment by individuals or legal persons in production or business operations abroad. In this context, investments include both acquisition of foreign operations and expansion of own operations.  

Foreign direct investment does not include the purchase of either shares or bonds per se. More specifically, the IMF has restricted direct investment on acquisitions to cases where the foreign investor owns 10% or more of the shares that give administrative rights in the business. Investment funds that can be classified as foreign direct investments therefore include equity deposits, reinvestments of dividends from the business, as well as the allocation of short-term and long-term loans between parent companies and subsidiaries.  

3 0
2 years ago
The following amounts were selected from the production report of Chandon Corporation: Actual units in production 42,000 Equival
SpyIntel [72]

Answer:

Total cost is equal to $81300

So option (c) will be correct answer.

Explanation:

Actual unit of production = 42000

Cost of per equivalent material = $1.10

Equivalent cost of material = =42000\times1.1=46200$

Equivalent cost of labor = =39000\times 0.9=35100$

Therefore total cost of production = $46200+$35100 = $81300

So total cost will be $81300

Therefore option (c) is the correct answer

5 0
3 years ago
The higher wages college graduates receive are primarily due to discrimination Answer A: discrimination A differences in working
Naya [18.7K]

Answer:

A differences in working conditions

Explanation:

The working conditions of the employees matters a lot when it comes to determine the wages of the employees. There is always a discrimination made based on the working condition, the level of education received by the employees and many more.

Thus the higher wages received by the college graduates is mainly due to the working condition and the responsibilities that they are going take while working in an organization when compared to their sub-ordinates.

3 0
3 years ago
Alex has a new idea for a way to cut costs in his department, but he is not willing to share his idea with his boss because the
marshall27 [118]
Reward both successes and failures
7 0
3 years ago
Other questions:
  • Which of the following things does the Affordable Care Act do? A. Regulates the amount of co-pays B. Provides insurance for peop
    11·1 answer
  • Receive cash from customers, $16,400. Pay cash for employee salaries, $10,400. Pay cash for rent, $4,400. Receive cash from sale
    9·1 answer
  • Crane Company can produce and sell only one of the following two products: Oven Contribution Hours Required Margin Per Unit Muff
    13·2 answers
  • Johnson Corporation unadjusted trial balance at year-end include the following accounts. Compute the uncollectible account expen
    10·1 answer
  • Bob inspires his employees to follow a vision, facilitates change, and creates a strongly positive climate, all while stressing
    7·1 answer
  • Is sand and salt mixture homogeneous or heterogeneous?
    8·1 answer
  • Why is this zero based budget the best method of budgeting?
    11·2 answers
  • Different classes of stocks are usually issued in order to Group of answer choices maintain ownership control, by holding the cl
    13·1 answer
  • Well-known responses to demands that occur in a normal, predictable way are known as.
    6·1 answer
  • Budgets that are revised by adding a new quarterly budget to replace the quarter that just elapsed are called: A) Production bud
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!