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3 years ago

Cash Flows from Operating Activities—Indirect Method

Business

2 answers:

Dmitrij [34]3 years ago

4 0

$396,200 + 61,250 + 27,600+ 9,000+ = 479,000 dollars

Genrish500 [490]3 years ago

3 0

Answer:

 Staley Inc.

Statement of Cash Flow(Partial)

1. Cash flow from operating activities

2. Net Income $396,200

3. Adjustments to reconcile net Income to net

Cash flow from operating activities:

4. Depreciation $61,200

5.Loss on Disposal of equipment $27,600

$88,800

6. Changes in current operating assets & liabilities:

7. Increase in account receivable -$9,000

8. Increase in accounts payable $3,350

-5650

9. Cash generated from operations 83,150

 

Explanation:

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The following summarizes the aging of accounts receivable for Johnston Supplies, Inc. as of July 31, 2016:

dybincka [34]

Answer:

a. June 30, 2016 adjusting entry for bad debt expense

Dr Bad debt expense 9,108

Cr Allowance for doubtful accounts 9,108

b. August 15, 2016, uncollectible accounts are written off

Dr Allowance for doubtful accounts 3,251

Cr Accounts receivable 3,251

c. Allowance for doubtful accounts

debit credit

June 30, 2016 $38,565

August 15, 2016 $3,251

August 15, 2016 $35,314

Explanation:

Number of Days Total Accounts Historical % Total

Unpaid Receivable Uncollectible

Not yet due $128,200 3% $3,846

1-30 days past due $90,900 13% $11,817

31-60 days past due $55,300 19% $10,507

Over 60 days past due $33,500 37% $12,395

Total $38,565

6 0

3 years ago

Interference from differences in personality or status is called

klemol [59]

The interference of personality or status differences is called personality traits, that is, a way developed by psychologists to organize different personalities according to certain dimensions.

<h3>The Big Five Personality Traits </h3>

This is one of the most accepted approaches today, which divides the personality into the following traits:

Opening
Conscientiousness
Extroversion
Agreeableness
Neuroticism

Each of the traits encompasses different personality facets that help identify which one individual has more or less of compared to another individual.

Therefore, today's organizations need to understand the personality traits of their employees through testing and analysis, to better understand the motivation of each individual and create an organizational culture based on diversity and development.

Find out more information about personality traits here:

brainly.com/question/18782358

3 0

2 years ago

Bill Blackburn is the new mayor of Oceanside, Washington. He discovered that the city-run utility requires a deposit of $50 from

Serjik [45]

Answer:

Theory of justice 

Explanation:

A Justice Theory is a 1971 work of John Rawls ' political philosophy and ethics, whereby the writer addresses the problem of distributive justice.

The principle uses a revised sort of Kantian philosophy and a variant form of conventional theory of social contracts.

7 0

3 years ago

Having a good credit history impacts every one of these o teams but one.Which is the one item not impacted by good credit histor

Archy [21]

The answer is C. Anywhere to rent/buy a car or any time of loan looks at your credit history. Employers are supposed to be unbiased and fair when considering candidates for job interviews and can not discriminate based on gender, race, sexual orientation, your credit, and a few other things.

6 0

3 years ago

Blazer Sports Store is preparing to pay its quarterly dividend of $7.75 a share this quarter. The stock closed at $105.64 a shar

Lana71 [14]

Answer:

$99.3625

Explanation:

The computation of ex-dividend stock price is shown below:-

Ex-dividend stock price = Stock closing price - Stock dividend × (1 - tax rate)

= $105.64 - $7.75 × (1 - 19%)

= $105.64 - $7.75 × 0.81

= $105.64 - 6.2775

= $99.3625

Therefore for computing the ex-dividend stock price we simply applied the above formula.

3 0

3 years ago