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
alexira [117]
3 years ago
5

The comparative balance sheets for Pina Colada Corp. show these changes in noncash current asset accounts: accounts receivable d

ecreased $78,500, prepaid expenses increased $28,200, and inventories increased $41,700. Compute net cash provided by operating activities using the indirect method, assuming that net income is $226,500.
Business
1 answer:
Verdich [7]3 years ago
4 0

Answer:

Cash Flow from Operating Activities

Net Income                                                  $226,500

Decrease in Accounts Receivable             $78,500

Increase in Prepaid Expenses                   -$28,200

Increase in Inventories                               -$41,700

Cash Provided by Operating Activities    $235,100

You might be interested in
John Roberts is 55 years old and has been asked to accept early retirement from his company. The company has offered John three
MArishka [77]

Answer:

Answer is on the chegg link i provided

Explanation:

https://www.chegg.com/homework-help/john-roberts-55-years-old-asked-accept-early-retirement-comp-chapter-6-problem-9p-solution-9780078025327-exc

5 0
3 years ago
Barney bought a small retail business a month ago. He plans to advertise it with the help of billboards and flyers to attract cu
disa [49]

Answer:

The answer is A. non-operating expense

Explanation:

As he operates a retail shop, such advertising is vital to attract customers to the shops and to make potential sales. We can't treat this expenses as administration or production expenses.

We consider this as non operational because advertising is not an operational part of the operations of a retail business. Moreover, we can't consider it as selling expenses because they are mostly incurred during the sales process.

6 0
3 years ago
Under former CEO Kalanick, when Uber entered into a new market, it often disregarded local laws and allowed its drivers to begin
qaws [65]

Answer:

  Is the proposed action legal?

Explanation:

The very first step in the decision tree (below) was ignored. Disregarding local laws is ignoring the question of legality.

8 0
3 years ago
On the food label for a package of crackers, what does a 15 percent daily value for iron mean?
Tanya [424]
A 15% percent daily value for iron means that one serving of the cracker provides 15 percent of the iron that the average person needs each day.
The Daily Value or the DVs for short is an indicator that shows information about the nutrient that can be provided in one serving of the food for an average person. The average person is a healthy adult who consumes exactly 2000 calories a day which became an indicator basis for The Daily Value<span>.</span>
6 0
3 years ago
Read 2 more answers
Financial statements are optional accounting reports issued periodically by a firm which present information on the past perform
goldfiish [28.3K]

Answer:

False

Explanation:

Financial statements are written records that convey the business activities and the financial performance of a company. Financial statements are often audited by government agencies, accountants, firms, etc. to ensure accuracy and for tax, financing, or investing purposes.

These documents play a pivotal role in a financial institution, thus, not optional.

Cheers

7 0
3 years ago
Read 2 more answers
Other questions:
  • Which of the following refers to the system of governing an organization so that the interests of corporate owners are protected
    13·1 answer
  • FedEx Corp stock ended the previous year at $103.39 per share. It paid a $0.35 per share dividend last year. It ended last year
    12·1 answer
  • Richard has $500.00 to invest, but he is willing to borrow money to increase the size of his investment. How much should Richard
    8·1 answer
  • Pete is a recent finance graduate who has two passions: music and finance. Upon graduation, he was offered an opportunity to joi
    10·1 answer
  • "Alan Meer inherits a hotel from his grandmother, Mary, on February 11 of the current year. Mary bought the hotel for $730,000 t
    6·1 answer
  • Exhibit 22-8 Above shows how output changes as the only one variable input, labor, changes. At what unit of labor does diminishi
    5·1 answer
  • Explain the types of FDI
    14·1 answer
  • Zetatron is an all-equity firm with 100 million shares outstanding, which are currently trading for $7.50 per share. A month ago
    11·1 answer
  • The triple bottom line model encourages corporations to consider the effect of their decisions on ______.
    7·1 answer
  • A likely outcome from taxing the rich at a high percentage in order to ________ income, would be discouraged entrepreneurship an
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!