Answer:
$274,026
Explanation:
Prepare a cash flows from operating activities as follows ;
Cash Flow from Operating Activities
Net Income for the year $294,553
Adjustment for Non-Cash items :
Depreciation $38,575
Amortization of patents $11,568
Adjustments for Changes in Working Capital items:
Increase in Accounts Receivable ($24,293)
Increase in Inventory ($25,544)
Decrease in Prepaid expenses $3,505
Decrease in Accounts Payable ($24,338)
Net Cash from Operating Activities $274,026
<u>Conclusion</u>
Therefore the amount of cash flows from operating activities is $274,026
Answer:
a.
Assets : Increases (Cash) $15,000
Liabilities : No Effect
Equity : Increases (Common Stock) $15,000
b.
Assets : Decrease (Cash) $500, Increase (Supplies) $500
Liabilities : No Effect
Equity : No Effect
c.
Assets : Increases (Equipment) $10,000
Liabilities : Increases (Note Payable) $15,000
Equity : No Effect
d.
Assets : Increases (Supplies) $15,000
Liabilities : Increases (Accounts Payable) $15,000
Equity : No Effect
e.
Assets : Increases (Land) $9,000, Decrease (Cash) $9,000
Liabilities : No Effect
Equity : No Effect
Explanation:
The Accounting Equation is : Assets = Equity + Liabilities
So first determine the accounts affected in each transaction and determine their category in the elements of Accounting Equation.
Finally indicate if the category is increasing or decreasing.
Executive summary. This is your five-minute elevator pitch. ...
Business description and structure. This is where you explain why you're in business and what you're selling. ...
Market research and strategies. ...
Management and personnel. ...
Financial documents.
In finance, a bond is an instrument of indebtedness of the bond issuer to the holders. The most common types of bonds include municipal bonds and corporate bonds.
Answer:
A buffer state should be put in place between the two states to resolve this issue
Explanation:
A buffer would function such that when it is fast it won't be use but when it is slow a big portion of it is engaged or used balance the time