answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inna [77]
2 years ago
10

Rodriguez Company completed its income statement and comparative balance sheet for the current year and provided the following i

nformation: Income Statement for Current Year Service revenue $ 54,000 Expenses Salaries $ 46,000 Depreciation 4,500 Amortization of copyrights 200 Other expenses 9,700 60,400 Net loss $ (6,400 ) Partial Balance Sheet Current Year Prior Year Accounts receivable $ 8,000 $ 13,000 Salaries payable 12,000 1,000 Other accrued liabilities 1,000 2,800 In addition, Rodriguez bought a small service machine for $5,000. Required: 1. Present the operating activities section of the statement of cash flows for Rodnguez Company using the indirect method.
Business
1 answer:
Oxana [17]2 years ago
3 0

Answer and Explanation:

The preparation of the operating activities section is shown below:

                                         Rodriguez Company

                             Statement of Cash Flows (partial)

Cash flows from operating activities:  

Net loss $ (6,400)  

Adjustments  

Add: Depreciation expenses $4,500

Add: Amortization of copyright $200

Add: Decrease in accounts receivable $5,000  

Add: Increase in salaries payable $11,000  

Less: Decrease in other current liabilities -$1,800

Net cash flow from operating activities $12,500

The negative sign reflects the cash outflow and the positive sign reflects the cash inflow

You might be interested in
Gina is working as a marketing trainee for a streaming video company. Her boss called a meeting for next week with one thing on
sveta [45]

Answer:

C) Create a customer-driven environment where we constantly try to create customer value.

Explanation:

A competitive advantage basically refers to offering a better service at the same price as your competition, or offering the same service as your competition but at a lower price. In this case, Gina's idea focuses on offering a differentiated and better service than the competition, and hopefully be able to sell it at the same price.

In order to create a customer driven environment, the company must identify its customers's needs and it must do everything it can to satisfy those needs. This will increase both the perceived quality of the service and consumer satisfaction.

8 0
2 years ago
Which part of the passage hints at Helen's efforts of ensuring visibility on social media sites?
jekas [21]

Answer: She updates her online profile regularly and participates in work related online discussions.

Explanation:

3 0
2 years ago
Innovation often requires "creative destruction" in which the new products or technologies make previous products or technologie
zysi [14]

Answer:

The correct answer is option b.

Explanation:

Positive economics is a branch of economics that is concerned with explanation of economic phenomena. It is based on facts and data. It answers to what is, what was.

Normative economics, on the other hand, is concerned with judgment. It answers to what should be or what ought to be.  

Structural unemployment is caused because of a mismatch between the skills that the workers possess and the skills that the employers want.  

Innovation and technological changes will always cause structural unemployment and create winners and losers. So the government should focus on helping the displaced workers in finding new jobs, instead of limiting innovation.  

As this involves what should be done, it is a normative issue.  

4 0
2 years ago
Conducting a postaudit ______. Multiple select question. provides an opportunity to reinforce and possibly expand successful pro
Vlad1618 [11]

Answer:

not sure but we all need points

7 0
2 years ago
Which ideas are supported by details or evidence from this passage?
Oxana [17]

Answer:

C. Transportation in the Sacramento Valley underwent an evolution from necessity.

Explanation:

i did it on Usatestprep

8 0
2 years ago
Other questions:
  • Match each type of fee that mutual funds charge investors with its correct description. Tiles 12b-1 distribution fee account mai
    8·2 answers
  • Which of the following statements is​ correct? A. Economists use the terms​ firm, company, and business interchangeably. B. A bu
    9·1 answer
  • The recommended retail price of a brand of designer jeans is $150. A retail analyst sampled 16 retail stores and found the avera
    5·1 answer
  • General Dynamics (GD) is a manufacturer of escalators.
    5·1 answer
  • Marko, Inc., is considering the purchase of ABC Co. Marko believes that ABC Co. can generate cash flows of $6,200, $11,200, and
    9·1 answer
  • Elinore is asked to invest $ 4 comma 900 in a​ friend's business with the promise that the friend will repay $ 5 comma 390 in on
    13·1 answer
  • Target Corporation prepares its financial statements according to U.S. GAAP. Target's financial statements and disclosure notes
    9·1 answer
  • True or False: Cell phone chargers are considered hazmat products and cannot be stowed with items like books
    5·1 answer
  • For the past year, Momsen, Ltd., had sales of $46,967, interest expense of $4,088, cost of goods sold of $17,184, selling and ad
    5·1 answer
  • Lemon Corporation purchased a truck at the beginning of 2017 for $109,200. The truck is estimated to have a salvage value of $4,
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!