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
artcher [175]
2 years ago
15

Net income was $67,100; accounts receivable decreased by $19,500; inventory increased by $10,800; proceeds from the issuance of

long-term debt were $22,500; accounts payable decreased by $6,200; equipment purchases were $75,000; depreciation and amortization expense was $36,000.
Required: Calculate the net cash provided (used) by operating activities for the period.
Business
1 answer:
nydimaria [60]2 years ago
7 0

Answer:

The net cash provided (used) by operating activities for the period is $105,600

Explanation:

The preparation of the Cash Flows from Operating Activities—Indirect Method is shown below:

Cash flow from Operating activities - Indirect method

Net income $67,100

Adjustment made:

Add : Depreciation and amortization expense $36,000

Add: Decrease in accounts receivable $19,500

Less: Increase in inventory -$10,800

Less: Decrease in accounts payable -$6,200

Total of Adjustments $38,500

Net Cash flow from Operating activities $105,600

You might be interested in
According to the basic DCF stock valuation model, the value an investor should assign to a share of stock is dependent on the le
Alina [70]

Answer:

According to the basic DCF stock valuation model, the value an investor should assign to a share of stock is dependent on the length of time he or she plans to hold the stock.

A. True

Explanation:

The DCF (Discounted Cash Flow) method of stock valuation is based on the assumption of the time-value of money.  This approach considers that the cash flow that is received today is much more than the same amount of cash flow received any other time in the future.  And the time of the future receipt or payment affects the amount of the cash flow, with decreasing consequences based on increasing time into the future.

3 0
1 year ago
Which of the following is NOT a principle of ORM? A ) Make risk decisions at the right level. B ) Anticipate and manage risk by
snow_lady [41]

Answer:

The correct answer to the following question is option D) Eliminate risk through application of ORM( which stands for operational risk management ).

Explanation:

Operational risk management can be defined as the continuous cyclical process which consists of risk decision, implementation of risk controls, risk assessment and risk decision making, which would help in mitigation, avoidance and acceptance of risk.

The four principle included in this are -

1) Accepting risk only when the benefits out weights the cost.

2) Anticipating and managing risk by proper planning.

3) Making right decisions at right time and at right level.

4) Anticipate no unnecessary risk.

8 0
2 years ago
Which of the following organizations must comply with rules and regulations established by specific government agencies to enfor
Zielflug [23.3K]
I would say answer b
5 0
1 year ago
29. Maxwell is trying to decide whether to accept a salary of $60,000 or a salary of $25,000 plus a bonus of 20% of net income a
Akimi4 [234]

Answer:

Maxwell world consider choice equal to $310000

Explanation:

given data

accept a salary = $60,000

salary = $25,000

bonus = 20% of net income

to find out

amount of income would be necessary so that Maxwell would consider

solution

we get here income by bonus that is express as

bonus = 2 ( income - bonus - salary )   ..............1

3500 = 2 ( income - ( 0.2 × 35000 ) - ( 0.2 × (75000 + 35000) )

solve it we get

income = $310000

so Maxwell world consider choice equal to $310000

3 0
2 years ago
Which of the following is a distinct advantage of exporting? A. Absolute control over operations in the foreign nation B. It may
victus00 [196]

Answer: B. It may help a firm achieve experience curve and location economies

Explanation: Exporting is defined as the act of conveying or sending commodities abroad or to another country, in the course of commerce. Exporting provides a distinct advantage to firms in that it helps them achieve experience curve (which posits that the more experience a business has in the production of product, the lower its costs in producing the product) and location economies (the production of a good or product under the most optimum settings that confers an added advantage in cost of productions over their competitors).

7 0
2 years ago
Other questions:
  • A high school basketball team won 40% of its first 15 games. beginning with the 16th game, how many games in a row does the team
    13·1 answer
  • Yvette is a customer of Apexon Bank, which is a member of the FDIC. She currently has a checking account that has $17,371 and a
    7·1 answer
  • Inventory records for Marvin Company revealed that following :a.Mar 1. Beginning Inventory 1,000 units $7.20b.Mar. 10 Purchase 6
    10·1 answer
  • Duke’s Garage has cash of $68, accounts receivable of $142, accounts payable of $235, and inventory of $318. What is the value o
    9·1 answer
  • Mr. and Mrs. Napper are interested in funding their children's college education by taking out a home equity loan in the amount
    5·1 answer
  • For each of the following transactions for the Sky Blue Corporation, prepare the adjusting journal entries required on October 3
    7·1 answer
  • Printing and copying costs have skyrocketed at your company, and the company will begin charging employees for all hard copies o
    8·1 answer
  • If a company does not intend to expand globally, but exports some products without customizing for international markets, it sho
    10·1 answer
  • The manager of a canned-food processing plant has two labeling machine options. On the basis of a rate of return analysis with a
    10·1 answer
  • An individual who has completed college has been working for 9 years and is now 30 years old. He is thinking about returning to
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!