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kiruha [24]
2 years ago
13

During the year, ABC had the following cash flows: receipt from customers, $10,000; receipt from the bank for long-term borrowin

g, $6,000; payment to suppliers, $5,000; payment of dividends, $1,000, payment to workers, $2,000; payment for machinery, $8,000. What amount would be reported for net financing cash flows on the Statement of Cash Flows?
Business
1 answer:
shusha [124]2 years ago
8 0

Answer:

$5,000

Explanation:

The computation of the amount that should be reported  for net financing cash flows is shown below:

Cash flows from financing activities

Receipt from the bank for long-term borrowing $6,000

Less: dividend paid -$1,000

Net cash flows from financing activities $5,000

The positive amount represents the cash inflow and the negative amount represent the cash outflow and the same is to be considered

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RUDIKE [14]

Answer:

c. A budget based on 49,000 units

Explanation:

Static budget is for 45,000 units,

Further with the information budget prepared with closest activity level, is the budget for 49,000 units as actual production is 50,000 units,

Therefore the actual comparison and analysis shall be based on this budget of 49,000 units as this is relatively most accurate and near by cost for each units produced.

Correct option is

c. A budget based on 49,000 units

4 0
2 years ago
Martin and jennifer are both interested in learning more about a company's cash. martin wants to know what the company's cash ba
Mrac [35]
<span>Martin should look at the company balance sheet as of the end the last accounting period to see the cash balance on the last day of the accounting period. Jennifer should look at the company cash flow statement as of the end of the last accounting period to see the sources and uses of cash during the accounting period.</span>
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2 years ago
MarketPoint Sales currently has a credit limit of $5,000. Because MarketPoint Sales has an excellent credit rating, BITS is incr
azamat

Yes , the given statement is true

Explanation:

Since the credit limit is now 10k for purchases of Marketpoint, the demand requires them.

You will apply for an increasing or decreasing in the loan cap electronically and will actually receive an immediate decision.

You should wait 4 months before your credit limit is extended and wait 6 months after a drop in your credit ceiling for an increase.

8 0
2 years ago
Donna wants to open her own business. She decides that she needs to make a strategy for determining what product she should sell
Tasya [4]

Answer:

Market survey

Explanation:

For Donna to open a new business  in which she will be successful and very profitable she needs to know what problem/need her new business/product can solve in the society. this is very important to know before engaging in any form of business because businesses that solve problem/needs of its community tend to strive better even in a bad economy.

The best marketing strategy to determine this need/want is called Market survey. this survey can be carried out by creating a one page questionnaire about her intended product and post/send it to the relevant audience for appropriate feedback and also to professionals in her intended product. the feedback she gets from the questionnaire will help inform her on the best product to sell.

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2 years ago
Why must a cash book always shows a debit balance ​
liubo4ka [24]
Because it helps the buyer or seller know how much they have
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2 years ago
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