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
Monica [59]
2 years ago
12

In 2020, Metlock Corporation had net cash provided by operating activities of $569,000, net cash used by investing activities of

$988,000, and net cash provided by financing activities of $595,000. At January 1, 2020, the cash balance was $331,000.
Required:
Compute December 31, 2020, cash.
Business
1 answer:
Mashcka [7]2 years ago
3 0

Answer:

See below

Explanation:

The cash balance as at the end of December 31 2020 is the net cash provided by operating activities, less net cash used by investing activities plus net cash provided by financing activities plus the beginning cash balance as at January 1, 2020

Net cash provided by operating activities = $569,000

Net cash used by investing activities = $988,000

Net cash provided by financing activities = $595,000

Beginning cash balance = $331,000

Closing cash balance = $569,000 - $988,000 + $595,000 + $331,000

Closing cash balance = $507,000

You might be interested in
Gannon Enterprises is in the midst of a major strategic change. To lessen resistance from some of the senior managers who are op
Vera_Pavlovna [14]

Answer:

The correct answer is negotiation.

Explanation:

A definition of negotiation that appears on the internet expresses, which is the communication process that aims to influence the behavior of others and where both parties reach a WIN-WIN agreement. The reason why at the end of a negotiation both parties can believe that they have won is that neither the interests nor the values have to be opposed, and it is the responsibility of the negotiators to discover the complementary points to develop a negotiation with the win-win scheme.

On the other hand, negotiation techniques are defined as the mechanisms and models of behavior that the parties use to influence the other and achieve a satisfactory solution to a conflictive encounter. These actions are based on the potential power of the parties involved in the negotiation.

7 0
3 years ago
Heidi Ganahl's account of how she founded Camp Bow Wow through great adversity is best characterized as a(n):
Tasya [4]

Answer:

organizational story

Explanation:

Heidi Ganahl -  

She is a very famous author , businesswomen and entrepreneur , the very founder of the Camp Bow Wow , which is a franchise for pet care.  

Heidi Ganahl is characterised as an organizational story for her franchise Camp Bow Wow , where the people working in the camp Bow Wow all listen to the inspirational stories of her life , and feel motivated to do the same .

Hence , from the given information of the question,  

The correct term is organizational story .

6 0
3 years ago
The ______ argues that combining location specific assets or resource endowments and the firm's own unique assets often requires
bulgar [2K]

Answer:

The <u>eclectic paradigm</u> argues that combining location specific assets or resource endowments and the firm's own unique assets often requires FDI.

8 0
2 years ago
How much money should be deposited today in an account that earns 3 %compounded semiannually so that it will accumulate to $ 13,
Elden [556K]

Answer:

PV= $11,889.05

Explanation:

Giving the following information:

Future Value (FV)= $13,000

Number fo periods (n)= 3*2= 6 semesters

Interest rate (i)= 0.03/2= 0.015

<u>To calculate the initial deposit, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 13,000 / (1.015^6)

PV= $11,889.05

5 0
2 years ago
After graduation from college, you will receive a substantial increase in your income from a new job. If you decide that you wil
Taya2010 [7]

Answer:

c. inferior good.

Explanation:

Inferior goods are items purchased buy a consumer as a result of his limited income such that when that consumer's purchasing power increases, he purchases other commodities in place of the one initially purchased.

Hence the  purchase more T-bone steak and less hamburger is an indication that hamburger is an inferior good to the consumer.

7 0
3 years ago
Other questions:
  • The following information is available for Birch Company at December 31: Money market fund balance $ 2,910 Certificate of deposi
    7·1 answer
  • When using project management software, estimates of work time should be entered only at the work package level; the rest of the
    12·1 answer
  • Prepare the Budgets given the following information Budgeted sales are expected to be: January 200 Units February 300 Units Marc
    6·1 answer
  • Suppose the U.S. Treasury announces plans to issue $50 billion of new bonds. Assuming the announcement was not expected, what ef
    6·1 answer
  • Kirksand airlines is well known for providing excellent customer service to its flyers. the staff members enquire and listen car
    9·2 answers
  • You have a better chance at success in the business world when your interest and personality match the career choice. True False
    8·2 answers
  • Your financial planner offers you two different investment plans. Plan X is a $14,000 annual perpetuity. Plan Y is an annuity la
    14·1 answer
  • A portfolio with a 21% standard deviation generated a return of 16% last year when T-bills were paying 5.5%. This portfolio had
    11·1 answer
  • According to the liquidity preference model, if the Federal Reserve increases the money supply, the equilibrium interest rate __
    13·1 answer
  • How should you follow up an interview? What
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!