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mylen [45]
2 years ago
8

Marin Company's accounts receivable arising from sales to customers amounted to $131000 and $114000 at the beginning and end of

the year, respectively. Income reported on the income statement for the year was $498000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
Business
1 answer:
nekit [7.7K]2 years ago
4 0

Answer:

$481,000

Explanation:

To determine the cash flows from operating activities, the net Income for the year must be adjusted by non - cash items and changes in working capital items.

Therefore, given a decrease in Accounts Receivable $17,000 ($131000 - $114000) . Then the cash flows from operating activities to be reported on the statement of cash flows is $481,000 ($498000 - $17,000) .

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True.  They took a gamble at the stocks and many borrowed money that could not returned as a result, the market crashed and that led to the Great Depression where many Americans began to struggle as jobs were cut and business were closed.

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Name three traits of a target audience
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3 years ago
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A company estimates that the appropriate discount rate (i.e., the cost of capital) for Project A, Project B, Project C and Proje
aliina [53]

Answer:

a. Project A requires an up-front expenditure of $1,000,000 and generates a net present value of $3,200.

Explanation:

a.

The company should accept project A because it provides a positive net present value of $3,200 that is the highest among all the projects.

b.

When the IRR of a project is lower than the required rate of return of the project, it will generate the negative net present value because at IRR the net present value of the project will be zero and at a higher rate than IRR it will be negative.

c.

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d.

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4 0
3 years ago
The truth in lending act is contained in title of I of the:
densk [106]

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6 0
2 years ago
It is May 18, 2017. You have a $10,000 semi-annual bond with a coupon rate of 10.375% which matures May 5, 2044. The bond is pri
Keith_Richards [23]

Answer:

-3.91%.

Explanation:

The Duration Adjustment (% change in bond price) is given by:

= (Duration) * (Change in yield in %)

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The Convexity Adjustment is given by:

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Thus, the convexity correction is 0.0012%

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3 0
2 years ago
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