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Stella [2.4K]
2 years ago
6

During the year, Next Tec Corp. had the following cash flows: receipt from customers, $14,000; receipt from the bank for long-te

rm borrowing, $6,500; payment to suppliers, $5,200; payment of dividends; $1,700, payment to workers, $2,400; and payment for machinery, $12,500. What amount would be reported for net financing cash flows in the statement of cash flows?
Business
1 answer:
elena-s [515]2 years ago
5 0

Answer:

The amount that will be reported for net financing cash flows in the statement of cash flows is $4,800.

Explanation:

Cash Flows from financing activities are all cash flows which is incurred for the purpose of financing the business.

For example

  • Dividend Payment
  • Issuance of Bonds
  • Issuance of share
  • etc.

Determine the category of each cash flow

Receipt from customers, $14,000; Operating

Receipt from the bank for long-term borrowing, $6,500; Financing

Payment to suppliers, $5,200; Operating

Payment of dividends; $1,700, Financing

Payment to workers, $2,400; operating

Payment for machinery, $12,500. Investing

Now calculate the Financing cash flows

Receipt from the bank for long-term borrowing _____ $6,500

Payment of dividends ________________________<u>( $1,700 )</u>

Net cash flows from Financing activites ___________ <u>$4,800</u>

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Korolek [52]

Answer:

<em>A. autoworker who is temporarily laid off from an automobile company because of a decline in sales. </em>

Explanation:

Cyclical unemployment is <em>unemployment that occurs when full employment can not be met by the aggregate demand for goods and services in an economy.</em>

This takes place during times of decreased economic growth or times of economic slowdown.

Cyclical unemployment is directly linked to the degree of macroeconomic behavior, which is the combined or collective activity of all economically involved individuals and entities.

Instead of linear, this overall trend is cyclical-economic activity tends to increase and fall rather than always rising or falling.

7 0
3 years ago
Paul consumes only books and DVDs. At his current consumption​ bundle, his marginal utility from DVDs is 23 and from books is 5.
Paul [167]

Answer:

Paul is not maximizing his utility because MUd/Pd is greater than MUb/Pb

Explanation:

Marginal utility is the extra satisfaction derived from spending an additional unit of money on consuming a particular product or service.

In order to determine if he is maximizing his utility, we must calculate his utility per dollar, and this is done by dividing his Marginal Utility by the price.

Marginal Utility per dollar of DVDs is:

MUd/Pd = 23/11 = 2.09

Marginal Utility per dollar of books is:

MUb/Pb = 5/3 = 1.67

Utility is maximized when MUd/Pd is equal to MUb/Pb and Paul has exhausted his budget.

4 0
3 years ago
Franklin Aerospace has a quick ratio of 2.00x, $36,225 in cash, $20,125 in accounts receivable, some inventory, total current as
MrRissso [65]

Answer:

8.28 times

Explanation:

The number of times that Franklin Aerospace sell and replaces its inventory shall be determined through following mentioned formula:

Inventory turnover=sales/inventory balance

First we have to calculate the inventory balance which shall be determined as follows:

Quick ratio=current assets-inventory/current liabilities

2= $80,500-inventory/ $28,175

$56,350=$80,500-inventory

Inventory=$80,500-$56,350=$24,150

Now we will the number of times that Franklin Aerospace sell and replaces its inventory:

Inventory turnover=$200,000/$24,150=8.28 times

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2 years ago
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Liula [17]
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7 0
2 years ago
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Dmitry_Shevchenko [17]

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