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iragen [17]
3 years ago
14

Selected Balance Sheet Information

Business
1 answer:
goldenfox [79]3 years ago
5 0

Answer:

$47,000

Explanation:

Computation for the net cash flows from operating activities using the indirect method.

CASH FLOWS FROM OPERATING ACTIVITIES:

Net income $28,000

Adjustments to reconcile net income to

Net cash provided by operating activities

Depreciation expense $15,000

Increase in Accounts Receivable -$2,500 ($8,000-$10,500)

Decrease in inventory $3,000

($21,000-$18,000)

Increase in accounts payable $5,000

(15000-10000)

Decrease in income taxes payable -$1,500 ($1,000-$2,500)

Net cash flows from operating activities $47,000

Therefore the net cash flows from operating activities using the indirect method is $47,000

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Rapid Response Security Firm, a company that provides on-site security services for malls and other retail environments, needs t
Arisa [49]

Answer:

False

Explanation:

It is false to conclude that on crucial issues such as this, it is more important to gather information through the informal organization, as opposed to the formal organization because f<u>ormal organizations are designed to achieve crucial goals through the collective work of the individuals who are its members. They rely on a division of labor and hierarchy of power and authority to ensure that the work is done in a unified and efficient manner. while the primary function of informal organizations is basically to maintain cultural values and the provision of social satisfaction for its members.</u>

7 0
3 years ago
Which of the factors of industrialization does Baines cite in the reading? Check all that apply water power to run machines rive
Daniel [21]

Answer: • Water power to run machines

• rivers for transportation of goods

• natural resources for production

Explanation:

Industrialization is when am economy moves from the agricultural sector to the industrial sector.

The factors of industrialization does Baines cite in the reading include:

• Water power to run machines

• rivers for transportation of goods

• natural resources for production

8 0
2 years ago
Jim had a beginning inventory of $5,500. During the month of April, he purchased $4,000 of food and had an ending inventory of $
Likurg_2 [28]

Answer:

1.23

Explanation:

Inventory turnover is a ratio showing how many times a company has sold and replaced inventory during a given period.

Cost of Sales=Opening Inventory+Purchases-Closing Inventory

                      =5,500+4,000-3,800= 5,700

Average Inventory= Opening + Closing/2

                              = 5,500+3,800/2= 4,650

Inventory Turnover Ratio= <u>Cost of Sales</u>

                                            Avg Inventory

                                          = 5,700/4,650=1.23

8 0
3 years ago
Explain how a consumer’s place of residence has an especially large impact on their purchase of sports and entertainment commodi
ElenaW [278]

Answer:

Concept: Business digression

  • Lets assume you live in Los Angeles CA
  • LA houses the Lakers, dodgers, and so many more big brand teams.
  1. A consumer which is defined as any person in a free and open market to openly trade their wealth and income in return for an item or service.
  2. Residence defined as the area that surrounded the immediate perimeter of the said consumer.
  3. Hence, by the principle of <u>socialization</u><u> </u>people are more inclined to buy sports gear to represent their teams and inclined to participate in consumer purchases based on their peers.
  4. It becomes the "lifestyle" and "ideal" personalities in a place such as LA and this inherently drives up sales of sports and entertainment commodities.
  5. The location, or residence directly <u>exposes</u> the consumer to the products in a market where it "hot" and in style/demand.
  6. Rate brainlist & give positive feedback.
8 0
3 years ago
What is capital? in your own words. economics.​
Bezzdna [24]

Answer:

In finance and accounting, capital generally refers to financial wealth, especially that used to start or maintain a business. ... In classical economics, capital is one of the four factors of production. The others are land, labor and organization

4 0
2 years ago
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