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vagabundo [1.1K]
3 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]3 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

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The challenge in process layouts is to arrange resources to maximize __________ and minimize ___________.
solong [7]
<span>efficiency, waste of movement</span>
4 0
3 years ago
A product is currently made in a process-focused shop where fixed costs are $10,000 per year, and variable cost is $50 per unit.
Goryan [66]

Answer:

Break even point will be 50 units

So option (D) will be correct answer

Explanation:

We have given fixed cost = $10000 per year

Variable cost is $50 per unit

Selling price = $250 per unit

We have to find the break even point for the operation

We know that break even point is equal to

Break even point =\frac{fixed\ cost}{selling\ price-variable \ cost}=\frac{10000}{250-50}=\frac{10000}{200}=50unit

So break even point will be equal to 50 units

So option (D) will be correct answer

7 0
3 years ago
If you are willing to purchase a house for $500,000 and you purchase the house for $500,000, this transaction will generate:
wel

Answer:

c. $0 worth of buyer surplus and unknown amount of seller surplus

Explanation:

Given that

Selling price of house = $500,000

The purchase value of house =$500,000

By considering the above information,  the purchase and sales value are the same which reflects that the buyer surplus is zero and there is no definite amount or unknown amount of seller surplus as the data is not given.

Hence, the correct option is c.  

4 0
3 years ago
Common stock holders: Group of answer choices have one vote in the election of how the company operates. are last in line to rec
enot [183]

Answer:

are last in line to receive income.

Explanation:

Common stock holders are referred to as the owners of the company. They own shares that gives them the right to vote in a company's general meeting, receive dividends, and they have the right to get newly issued shares in the company before others.

However they are also called unsecured creditors of the company because when the business makes income they are the last in line to receive dividends if any remains.

Also in the case of bankruptcy preference share holders and other creditors are paid first. Common share holders are paid last.

5 0
3 years ago
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Maru [420]

Answer: $1000

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You didn't give the options but let me help out.

From the question, we are informed that Hi Phi Unlimited's total revenue from installing 15 sound systems is $30,000 and its total revenue from installing 18 sound systems is $33,000.

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=($33000 - $30000) / (18 - 15)

= $3000 / 3

= ,$1000

7 0
3 years ago
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