Business, 01.04.2021 20:00, jamarstand
Wildhorse Co. reported net income of $190,100 for 2020. Wildhorse also reported depreciation expense of $49,900 and a loss of $6,300 on the disposal of plant assets. The comparative balance sheet shows a decrease in accounts receivable of $14,600 for the year, a $16,600 increase in accounts payable, and a $4,800 decrease in prepaid expenses. Prepare the operating activities section of the statement of cash flows for 2020. Use the indirect method
Answers: 3
Business, 22.06.2019 08:30, franstirlacci
Uppose that the federal reserve purchases a bond for $100,000 from donald truck, who deposits the proceeds in the manufacturer’s national bank. what will be the impact of this purchase on the supply of money? the money supply will increase by $100,000. the money supply will increase by $80,000. the money supply will increase by $500,000. this action will have no effect on the money supply. if the reserve requirement ratio is 20 percent, what is the maximum amount of additional loans that the manufacturer’s bank will be able to extend as the result of truck’s deposit? the maximum additional loans is $100,000. the maximum additional loans is $80,000. the maximum additional loans is $20,000. the maximum additional loans is $500,000. given the 20 percent reserve requirement, what is the maximum increase in the quantity of checkable deposits that could result throughout the entire banking system because of the fed’s action? this action will have no effect on the money supply. the money supply will eventually increase by $80,000. the money supply will eventually increase by $500,000. the money supply will eventually increase by $100,000.
Answers: 1
Business, 23.06.2019 00:50, kellimcollier8294
Mr. drucker uses a periodic review system to manage the inventory in his dry goods store. he likes to maintain 15 sacks of sugar on his shelves based on the annual demand figure of 225 sacks. it costs $2 to place an order for sugar and costs $1 to hold a sack in inventory for a year. mr. drucker checks inventory one day and notes that he is down to 9 sacks; how much should he order?
Answers: 1
Wildhorse Co. reported net income of $190,100 for 2020. Wildhorse also reported depreciation expense...
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