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grin007 [14]
3 years ago
6

During 2020 the Pharoah Company had a net income of $85100. In addition, selected accounts showed the following changes: Account

s Receivable $2700 increase Accounts Payable 900 increase Buildings 3900 decrease Depreciation Expense 1400 increase Bonds Payable 7900 increase What was the amount of cash provided by operating activities
Business
1 answer:
PSYCHO15rus [73]3 years ago
3 0

Answer:

Cash provided by operating activities $84,700

Explanation:

The computation of the amount of cash provided by operating activities is shown below:

Net income  $85,100

Add: depreciation expense $1,400

Less: increase in account receivable -$2,700

Add: Increase in account payable $900

Cash provided by operating activities $84,700

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Jamal has a utility function u=w12, where w is his wealth in millions of dollars and u is the utility he obtains from that wealt
GREYUIT [131]

Answer: Jamal Should choose option B

Explanation:

The question is unclear with regards to the requirements, we will assume the question wants us to find an option that will maximize jamal's wealth.

Utility Function reflects Jamal's satisfaction that he derives from his wealth.

U = w12

a. Wealth (w) = $4million

U = 12w = (4000 000) x 12

U = 48000 000

b. Wealth =  $1 million with probability 0.6 and $9 million with probability 0.4.

We first need to calculate expected wealth before we can calculate how much utility will Jamal derive from this option

Expected Utility = 1 000 000 x 0.4 + 9000 000 x 0.4 = $4200 000

Utility = w12 = (4200 000) x 12 = 50 400 000

Jamal will have a utility of 48000 000 if he chooses option A and Option B provides Jamal with a Utility of 50 400 000. Option B provides a higher utility than option A, therefore the option that will maximize Jamal's Utility is Option B.

6 0
3 years ago
Read 2 more answers
Drawing tree diagrams. After taking a course on statistics, 88% of students can successfully construct tree diagrams. Of those w
Yuliya22 [10]

Answer:

A. Check the image

B. The probability that a student is able to construct a tree diagram if it is known that he or she passed is 79.2%

Explanation:

a) A tree diagram is a tool that simplifies the distribution of probabilities. So we start making branches (lines) according to the probability of each succes to happen, so in this case we first divide the tree diagram between those who can construct tree diagrams that represent the 88% so it means it has a probability of 0.88 and those who can't construct tree diagrams, so if 88% can  just 12% can't construct tree diagrams that is a probability of 0.12.  This is the first part of the tree diagram.

After that tere is another condition that is passing so for those who construct it is the 90% (0.9 probability) for passing, so in this group it is just 10% (0.1 probability) that doesn't pass. Now for those who don't construct tree diagrams, 60% (0.6 probability) pass so 40% losses (0.4)

See in the diagram that if you add the numbers that compound each of the vertices the result is a 100% or 1.0 probability, this is what you have to take into account when you are constructing a tree diagram.

b) For calculating a probability after constructing the tree diagram you just need to multiply each of the factor in which you are interested. In this case:

Construct tree diagram X Pass = 0.88 x 0.9 = 0.792

So the probability for a student that can construct a tree diagram to pass is 0.792, now for having in percentage we just need to multiply by 100% then:

0.792 x 100 = 79.2%

4 0
3 years ago
During January, the following selected transactions occurred.
tester [92]

Answer:

The journal entries are given as follows;

Explanation:

Jan 5

Cash               Dr.$20,520

Sales Tax Payable 20,520-(20,520/1.08) Cr.$1,520

Inventory                                                      Cr.$19,000

Unearned Service Revenue    Dr.$12,000

Service Revenue         Cr.$12,000

Employee payroll Expense      Dr.$452,000

Social Security payable                    Cr.$3,978

Federal Income Tax  payable           Cr.$5,686

State Income Tax payable                Cr.$1,706

payroll Expenses payable        (452,000-3,978-5,686-1,706) Cr.$440,630

5 0
3 years ago
For a certain firm, the 100th unit of output that the firm produces has a marginal revenue of $11 and a marginal cost of $10. A)
jeyben [28]

Answer:

The correct answer is option d.

Explanation:

The 100th unit of output that the firm produces has a marginal revenue of $11 and a marginal cost of $10.  

The profit to a firm is maximized when the marginal revenue earned and marginal cost incurred are equal.  

When the firm is producing the 100th unit of output the marginal revenue is $1 higher than the marginal cost. This implies that the production of the 100th unit increases the firm's profit by $1.

7 0
3 years ago
Leadership effectiveness should be evaluated according to which of the following characteristics?
nikdorinn [45]

Answer:all of the above

Explanation:

7 0
3 years ago
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