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2 years ago

Partial balance sheets and additional iformation are listed below for Sowell Company.

Business

1 answer:

musickatia [10]2 years ago

3 0

Answer and Explanation:

The preparation of the operating activities section is presented below

Cash Flows from operating activities

Net Income $88,000

Adjustment made for non cash items:

Depreciation Expense $19,000

Add: Decrease in Account Receivable $15000 ($70,000 - $85,000)

Less: Increase in Inventory $(5000) ($40,000 - $35,000)

Less: Decrease in accounts payable $(8000) ($54,000 - $62,000)

Net cash flows from operating activities $109,000

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What are the four levels of managers?

photoshop1234 [79]

Answer:

Top level managers

Middle level managers

First level mangers

Explanation:

Management involves the process of planning, organizing, directing and controlling. These functions are carried out by the top level managers, middle level managers and first level managers.

Top level managers are those in charged of setting the long term goal of a company, they are basically the board of directors of a company.

The middle managers are the engine of a company, they push the line managers to work and supervices their work.

The first level managers are also known as floor managers, they oil the engine of the company.

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3 years ago

A bank loaned out 19,000 part of it at 6% interest per year and the rest at 14% per year. if the interest recieved in one year t

Ksju [112]

Let x be the part of 19,000 that was loaned out at 6% such that the remaining 19,000 - x was loaned out at 14%. The interest is calculated by the equation,

I = P x i x n

where P is the principal amount, i is the interest, n is the number of years. Substituting the known values,

2000 = (x)(0.06) + (19000 - x)(0.14)

The value of x from the equation above is 8250.

Hence, 8,250 was loaned out at 6%.

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3 years ago

Using an ICD-10-CM code book, assign code(s) for the following diagnosis: Alcohol induced delirium tremens

kobusy [5.1K]

The ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.

It should be noted that ICD 10-CM simply refers to the international classification of diseases.

In this case, the ICD 10-CM code for Alcohol induced delirium tremens is F10. 921.

Learn more about ICD 10-CM on:

brainly.com/question/25790048

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1 year ago

Classify the following items as issuance of stock, dividends, revenues, or expenses. Then indicate whether each item increases o

Alborosie

Answer:

1. Dividends = It will be classified as dividends.

2. Rent Revenue = It will be classified as revenues.

3. Advertising Expense = It will be classified as an expense.

4. Stock holders pay cash into business = It will be classified as Issuance of stock.

Dividends are the share of revenue distributed to stockholders.

Revenues are income earned by the company.

Expense are the outflow of cash or bank payments for running the business.

Issuance of stock refers to collection of money by the company through issuing equity or preference shares.

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3 years ago

Other than getting laborers to work their land, how did the sharecrop system benefit landowners? a. Government subsidies provide

LekaFEV [45]

The answer is D. It reduced their risk when cotton prices were low.

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2 years ago