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
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

You might be interested in
Using the following information what is the velocity of​ money?
OleMash [197]

Answer:

10.14

Explanation:

Velocity of money measures the rate at which money changes hands or is exchanged in an economy.

Velocity = (Price × aggreagrate income) / money supply

(1.69 × $15000) / $2500 = 10.14

7 0
3 years ago
Which is NOT an indicator of a country's economic health? A. GDP B. standard of living
EleoNora [17]
D inflation duhhh because ik my social studies♥️
7 0
3 years ago
Read 2 more answers
Select the examples that best demonstrate likely tasks for Science and Math workers.
Kazeer [188]
A, B, and C would best demonstrate the tasks.
7 0
3 years ago
Global Traders is offering 130,000 shares of stock to the public in a general cash offer. The offer price is $38 a share and the
Stella [2.4K]

Answer:

correct option is b. $3,679,800

Explanation:

given data

offering = 130,000 shares

offer price = $38

underwriter spread = 8 percent

administrative costs = $865,000

solution

we get here Net proceeds from sale that is express as

Net proceeds = Gross proceeds - Underwriter's spread - Administrative costs ....................1

here Gross proceeds from sale is = offering share × offer price

Gross proceeds from sale is  = 130000 × $38

Gross proceeds from sale is  = $49,40,000

and Underwriter's spread will be offering share × offer price  × underwriter spread %

Underwriter's spread = $49,40,000 × 8%

Underwriter's spread = $3,95,200

so Net proceeds  will be

Net proceeds = $49,40,000 - $3,95,200 - $865,000

Net proceeds = $3,679,800

so correct option is b. $3,679,800

7 0
3 years ago
In classifying the kinds of projects an organization has in its portfolio, projects that are typically needed to support current
erastova [34]
Compliance (must do) projects.
6 0
3 years ago
Other questions:
  • Carrie has to decide between going to a football game or going to the movies. She decides to go the football game. Which of the
    5·1 answer
  • Match the following:
    13·2 answers
  • Anton believes his company's overhead costs are driven (affected) by the number of machine hours because the production process
    15·1 answer
  • Inventory records help determine how many items of material, components, and subassemblies need to be ordered to make the final
    15·1 answer
  • Which of the following project evaluation methods focuses on accounting income rather than cash flows? None of the answers is co
    13·1 answer
  • o calculate the beta of another company, using regression analysis, you get the value of R² as 0.91. Based on your calculation,
    8·2 answers
  • An organization wants to provide its employees information about what its goals are and what it expects employees to accomplish.
    5·1 answer
  • प्रबंध की विशेषताएं क्या है?​
    13·2 answers
  • When Unraveling the Unit Circle the sine function creates a relationship between the _________and the ________ starting at 0 rad
    7·1 answer
  • If Samatha finances the entire cost of a $700 bike at an APR of 2.95%, how much will she end up paying in total for the bike aft
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!