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
likoan [24]
2 years ago
8

Additional Information: Net income for 2020 was $26,890. Land was sold for cash at a loss of $2,000. Cash dividends were paid du

ring the year. Equipment was purchased for cash. In addition, equipment costing $40,000 with a book value of $13,000 was sold for $14,000 cash. What is the cash flow from operating activities? Group of answer choices $85,290 $86,290 $108,290 $84,290
Business
1 answer:
slega [8]2 years ago
5 0

Answer:

The question is wrong ,find attached correct question:

The correct option in the attached is $58290 ,option E,which is missing in the original question

Explanation:

Cash flow from operating activities=net income+depreciation charge-increase in accounts receivable+decrease in inventory+decrease in prepaid expenses-decrease in accounts payable+loss on sale of land-gain on sale of equipment

cash flow from operating activities=$26,890+($135,000-$92,000)-($77,000-$64,000)+($140,000-$132,000)+($16,540-$12,140)-($45,000-$33,000)+$2000-$1000=$58290

Download xlsx
You might be interested in
The population of a country Dnalgne is 90 million in 1997 and increasing at a rate of 0.1 million per year. The average annual i
adoni [48]

Answer:

The answer is: 2.514% in percentage term or $56,560 million in absolute term.

Explanation:

The entire population income of Dnalgne in the beggining of 1997 = Total population of Dnalgne in the beginning of 1997 x average annual income of a person in Dnalgne in the beginning of 1997 = 90 million x 25,000 = $2,250,000 million

The poplulation of Dnalgne at the end of 1997 = 90 million + 0.1 million = 90.1 million; The average annual income of a person in Dnalgne at the end of 1997 = 25,000 +600 = $25,600

The entire population income of Dnalgne in the end of 1997 = Total population of Dnalgne at the end of 1997 x average annual income of a person in Dnalgne at the end of 1997 = 90.1 million x 31,000 = $2,306,560 million

Thus. the rise in absolute number is $2,306,560 million - $2,250,000 million = $56,560 million or 56,560/2,250,000 = 2.514% in percentage term.

5 0
2 years ago
Which of the following captures the specific actions that leaders take to influence others at work? A.Leadership styles and beha
Tom [10]

Answer:

A.Leadership styles and behaviours

Explanation:

-Leadership styles and behaviours refer to the approach and actions a leader take to direct, motivate and guide people.

-Team processes refer to how the team works to accomplish goals.

-Team characteristics refer to the qualities that a group of people that work together possess.

-Leader power and influence refer to the ability a leader has to convince people to do certain things and achieve a goal.

According to this, the option that captures the specific actions that leaders take to influence others at work is leadership styles and behaviours.

7 0
2 years ago
John is an entrepreneur who plans to enter a franchise contract with a hotel business. which of these is an advantage that John
umka2103 [35]

Answer:

The correct answer would be option C, He will be able to gain knowledge and support from the hotel business to run the franchise.

Explanation:

Franchise is basically a contract between two parties in which one of the party who is owning the business is ready to sell his business rights to use its name and products to the other party. The other party can open the same business with the same name and products or services and run that business. In this type of contract, a continuous help and support is given to the franchisee to run the business. So if John being an entrepreneur wants to enter into the franchise contract, then he will surly be able to gain knowledge and support from the hotel business to run the franchise.

3 0
2 years ago
Read 2 more answers
3. The impossible trinity Suppose the government of Iraq is deciding what kind of monetary policy and exchange rate regime to ch
vovangra [49]

Answer:

Correct Answer is (B)

Explanation:

We look at the objectives the government has in mind to achieve;

- stability in international trade

- stability in investment

Which of the listed policies will achieve these goals?

- the tool here used to control international trade is foreign exchange trading

- the tool used to control investment is interest rate

To achieve stability in these 2 indicators, both tools should be controlled. Thus the monetary policy & exchange rate regime to choose here is:

Controlling the interest rate in the country and imposing restrictions on foreign exchange trading.

Option (C) won't suffice because an independent monetary policy is necessary.

5 0
2 years ago
Edison Corporation's variable manufacturing overhead rate is $5.00 per direct labor-hour. Total budgeted fixed overhead is $25,0
Mila [183]

Answer:

Manufacturing overhead for July will be $55000

Explanation:

We have given budgeted labor hour in month of July = 20000

Variable overhead rate = $5

So variable manufacturing overhead = 20000×$5 = $100000

Fixed manufacturing overhead = $25000

Now total manufacturing overhead = $100000+$25000 = $125000

Depreciation expense = $7000

So manufacturing overhead for July = $125000 - $7000 = $55000  

6 0
2 years ago
Other questions:
  • Which of the following is an example of a sales promotion? A. Pay per click Internet advertising B. A coupon that expires in one
    9·2 answers
  • Mae Refiners, Inc., processes sugar cane that it purchases from farmers. Sugar cane is processed in batches. A batch of sugar ca
    11·1 answer
  • Benny the Barber owns a one-chair shop. At barber college, they told Benny that his customers would exhibit a Poisson arrival di
    7·1 answer
  • On January 1, 2018, West Company purchased $600,000 of 6%, 5-year bonds, as an available-for-sale security, with interest payabl
    7·1 answer
  • The risk that can be diversified away in a portfolio is referred to as ___________. I) diversifiable risk II) unique risk III) s
    8·1 answer
  • Item I51 is used in one of Policy Corporation's products. The company makes 18,000 units of this Item each year. The company's A
    13·2 answers
  • You are 40 years old. Your investment portfolio currently consists of: (1) a savings account, with a $16,000 balance, (2) certif
    6·1 answer
  • Kathleen is the new operations manager of a national stock brokerage firm. She recently attended a conference on the use of expe
    7·1 answer
  • Seneff Corporation uses the following activity rates from its activity-based costing system to assign overhead costs to products
    12·1 answer
  • Which are the four functions motor freight terminals usually serve?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!