All categories

3 years ago

A summary of cash flows for Adventure Travel Service for the year ended April 30, 2019, follows:

Business

1 answer:

zalisa [80]3 years ago

4 0

Answer:

Adventure Travel Service

Statement of cash flows for the year ended April 30, 2019

Cash flow from Operating Activities

Cash receipts from customers $2,080,000

Cash payments for operating expenses ($1,706,000)

Net Cash from Operating Activities $374,000

Cash flow from Investing Activities

Purchase of land ($400,000)

Net Cash from Investing Activities ($400,000)

Cash flow from Financing Activities

Cash receipt from owner as investment $60,000

Drawings ($40,000)

Net Cash from Financing Activities $20,000

Movement in Cash and Cash Equivalents ($6,000)

Beginning Cash and Cash Equivalents $203,000

Ending Cash and Cash Equivalents $197,000

Explanation:

The Statement of Cash flows shows the results of cash from the following sources : Cashflow from Operating Activities, Cashflow from Investing Activities and Cashflow from Financing Activities.

You might be interested in

Using the information provided about marketing and advertising law, determine which of the following would be a violation of thi

Vlad1618 [11]

Answer:

Publishing a sale price for an item that is not available

Explanation:

This will be misleading to the market and will break the law as the company must provide promotions for products that are available only

3 0

3 years ago

Lyman’s business has grown to 400 employees with annual revenues of $15 million. He would like to expand further but needs anoth

muminat

There are options available for Lyman :

Either he
- Sell his equity to his investors, ( which mean that he have to give away a percentage of his company)
- Or he can get some Loans

I he should consider Loans, because his annual revenues already way higher than the amount of loans that he need, he could easily paid it off

7 0

3 years ago

Sanctions are a type of trade restriction that is ineffective in forcing change in other countries.

Nikolay [14]

The answer to this question is False. Sanctions do not only rarely achieve their goal of forcing change in the targeted country, but they also tend to produce collateral economic damage in the nations that do apply them.

3 0

3 years ago

on july 1, the knit shop paid $9,000 to townsend realty for 6 months’ rent beginning july 1. prepaid rent was debited for the fu

lubasha [3.4K]

Answer:

debit Rent Expense, $1,500; credit Prepaid Rent, $1,500.

Explanation:

6 0

3 years ago

when zoning deprives the owner of all economic value of her property, it will be categorized be scrutinized under the constituti

Natalija [7]

When zoning deprives the owner of all economic value of her property, it will be categorized be scrutinized under the constitutions Takings Clause and Fifth Amendment.

Economics is defined as a technology that deals with the making, dispensing, selling, and shopping of products and services. An instance of economics is the have a look at the inventory market.

Economics, at its very heart, is the look of humans. It seeks to give an explanation for what drives human behavior, selections, and reactions while faced with problems or successes. Economics is an area that combines politics, sociology, psychology, and history.

Economics performs a position in our normal lifestyles. reading economics allows us to apprehend past, destiny, and contemporary models, and practice them in societies, governments, businesses, and people.

Learn more about economics here brainly.com/question/17996535

#SPJ4

8 0

2 years ago