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
vichka [17]
2 years ago
8

The income statement of Pharoah Company is shown below.

Business
1 answer:
Alexus [3.1K]2 years ago
8 0

Answer and Explanation:

The preparation of the operating activities section of the statement of cash flows for the year ended December 31, 2020 is presented below;

Cash flow from operating activities

Net income $1,580,000

Add: depreciation expense $58,970

Add: decrease in account receivable $313,770

Less: Increase in prepaid expense -$167,640

Less: Decrease in account payable -$279,000

Less: decrease in accrued expense payable -$124,020

Add: Decrease in inventory $380,000 ($1,880,000 - $1,500,000)

Cash flow provided by operating activities $1,762,080

You might be interested in
Employees at an insurance company were complaining about the form used for evaluating employee effectiveness. Their complaints w
jarptica [38.1K]

Answer:

Procedural

Explanation:

-Procedural justice refers to having a fair and transparent process that is used to make decisions.

-Interpersonal justice refers to treating people affected by a procedure in a respectful way.

-informational justice refers to letting people know why certain decisions were made.

-Distributive justice refers to a fair distribution of resources among people.

According to this, the answer is that their complaints were related to procedural justice because when they complaint about the form used for evaluating employee effectiveness they are talking about the process that is used to make the evaluations.

The other options are not right because the situation doesn't refer to how people is treated, the information of the process or the distribution of resources.

8 0
3 years ago
If someone produced too little of a good, this would suggest that rational choice cannot be applied to many economic decisions.
juin [17]
If someone produced too little of a good, this would suggest that the good was produced to the point where its marginal benefit exceeded its marginal cost.
Both are metrics used in economics for measurement of costs and benefits.
Marginal benefit is the gain the business receives for doing anything "one more time.", while marginal cost is the additional cost the business incurs to produce one more unit.
This means that if someone produced too little of a good, the business gained more than it lost.
8 0
3 years ago
Assume that the U.S. one-year interest rate is 3 percent and the one-year interest rate on Australian dollars is 6 percent. The
kari74 [83]

Answer:

4%

Explanation:

you invest $100,000 today and purchase A$145,137.88

in one year, you will have A$152,394.78

since the PPP stands, the spot rate in one year should be:

0.703 US$ per A$ (since Australia's inflation rate is 2% higher than the US inflation rate, the Australian dollar will depreciate by 2%)

with your A$152,394.78, you can purchase $107,133.53

if you invested in the US instead, you would have $103,000

this means that your Australian investment yielded ($107,133.53 / $103,000) - 1 = 0.04 or 4%

6 0
2 years ago
Victor works for a telemarketing company that is on a very tight budget. He has been tasked with finding a method for the compan
AleksandrR [38]

The telecommunications technology that Victor's company can use is a wiki.

<h3>What is telecommunication?</h3>

It should be noted that telecommunication simply means the communication over distance by cable, telegraph, or telephone.

In this case, the telecommunications technology that Victor's company can use is a wiki. This important for the communication.

Learn more about telecommunication on:

brainly.com/question/26152499

#SPJ1

8 0
1 year ago
Many college football teams require a "donation" in order to purchase season tickets. This is an example of
Sidana [21]

Answer:

The correct answer is letter "C": two-part pricing.

Explanation:

Two-part pricing is set when there is a fixed price for a good or service but there is a variable price added based in a charge per unit of consumption. The sum of the two prices is the total the consumers have to pay to access the product. Typically, this type of pricing is set in monopolistic markets.

8 0
3 years ago
Other questions:
  • Gerhard Company sponsors a defined benefit pension plan. At the end of the current fiscal year, the related pension plan assets
    14·1 answer
  • A company's strategy can be considered "ethical" as long as: Select one: a. it does not entail actions/behaviors that cross the
    5·1 answer
  • There are approximately 1 billion people living in India. It is estimated that only about 200 million of these people earn more
    11·1 answer
  • The Holmes Company's currently outstanding bonds have an 8% coupon and a 10% yield to maturity. Holmes believes it could issue n
    12·1 answer
  • In presidential elections, voters often find that they do not agree with any single candidate in all issues that matter to them
    8·1 answer
  • What is the definition of liability? the amount a consumer must pay after an incident before the insurance company starts paying
    12·2 answers
  • If Ms. Anniston transfers $1,000 from her checking account to her savings account, then__________.
    13·1 answer
  • Beachside Coffee Shop, in an effort to streamline its accounting system, has decided to utilize a cash receipts journal in its o
    6·1 answer
  • The following information is available for Lock-Tite Company, which produces special-order security products and uses a job orde
    14·1 answer
  • On December 31, 2021, Perry Corporation leased equipment to Admiral Company for a five-year period. The annual lease payment, ex
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!