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Gnom [1K]
3 years ago
7

Kennedy, Inc. reported the following data:

Business
1 answer:
Degger [83]3 years ago
4 0

Answer:

The cash flows from operating activities section of the statement of cash flows using the indirect method is $172,475.

Explanation:

Kennedy, Inc.

Statement of cash flows (extract)

Net income                                                 $179,562

Add: Depreciation expense                            15,511

        Loss on disposal of equipment             11,046

Less: Gain on sale of building                      (21,801)

         Increase in accounts receivable         (8,734)

         Decrease in accounts payable            (3,109)

Cash flows from operating activities     $172,475

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Answer:

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According to bartlett and ghoshal, how should firms from developing countries approach international expansion?
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2 years ago
What the single greatest factor in safety and health programs’ failure to completely keep us free of workplace accidents is, why
Lady_Fox [76]
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How much do voice actors get paid per episode?
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4 0
3 years ago
Consider the following costs incurred in a recent period:Direct Materials $33,000Depreciation on Factory Equipment $12,000Factor
asambeis [7]

Answer:

$37,000

Explanation:

The following costs were incurred in a recent period

Direct Materials $33,000

Depreciation on Factory Equipment $12,000

Factory Janitor's Salary $23,000

Direct Labor $28,000

Utilities for Factory $9,000

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Total amount of period costs = Selling expenses + administrative expenses

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Hence the total amount of period costs for the above period is $37,000

4 0
2 years ago
Read 2 more answers
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