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KonstantinChe [14]
3 years ago
15

Baird Company reported depreciation expense of $22,400 and net income of $37,800 on its Year 1 income statement. During Year 1,

the company's accounts receivable balance decreased by $9,700. Based on this information alone, what was the amount of cash flow from operating activities?
Business
1 answer:
pshichka [43]3 years ago
3 0

Answer:

$69,900

Explanation:

Data provided

Net income = $37,800

Depreciation expense = $22,400

Decrease account receivable = $9,700

The calculation of Cash flow from operating activities is given below:-

Cash flow from operating activities = Net income + Depreciation expense + Decrease account receivable

= $37,800 + $22,400 + $9,700

= $69,900

So, for calculating the cash flow from operating activities we simply applied the above formula.

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"The US government decides to lower military expenditures to reduce the budget deficit.What effect would you expect this shock t
algol13

Answer:

A decrease in military investment by the government, with the aim of lowering public spending, would in turn mean a decrease in aggregate demand, as less money would be inserted into society, which would reduce outputs and, due to the reduction in demand, it would also reduce inflation.

Public expenditure, in economy, indicates the complex of money of public origin that is used by the government in public goods and/or public services aimed at pursuing public purposes, such as military expenditures for national defense. These are therefore the outputs by the government and therefore an item of liabilities within the national budget, the coverage of which is necessarily entrusted to taxation on taxpaying citizens or public debt.  If public expenditure is not adequately covered by the revenue of a non-sovereign state (e.g. taxation), it enters a typical financial situation of public deficit.

8 0
3 years ago
18. The following gifts are received in 2016 by a not-for-profit entity: I. $2,000 specified by the donor to be used to pay sala
xeze [42]

Answer:

$7,000

Explanation:

Increase in Temporarily Restricted Net Assets = $2,000 + $10,000 + $5,000 = $17,000

Net increase in Temporarily Restricted Net Assets = Increase in Temporarily Restricted Net Assets - Amount of the conference room furniture purchased = $17,000 - $10,000 = $7,000

Note that the conference room furniture purchased is deducted because the donor did not stipulate a time restriction on holding the furniture.

Therefore, total amount should be recorded as an increase to Temporarily Restricted Net Assets is $7,000.

 

4 0
3 years ago
Which of the following is NOT an example of fixed expenses?
brilliants [131]

Answer:

A.

Health insurance premium

Explanation:

helping

3 0
2 years ago
Which of the following is an example of human capital?
Lostsunrise [7]

Answer:

B

Explanation:

b.the amount you get paid each week to work at the library

This is because human capital involves using humans to perform series and output and managing them only option b fall in that line

8 0
3 years ago
From the list below, which items are classified as a materials activity:
Katena32 [7]
Im gonna go with e sorry if it’s wrong
6 0
3 years ago
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