a company had interest income of $5,000 during a year in which interest receivable declined from $800 to $300. how much is cash received from interest in the operating activities section of the statement of cash flows for the year?

Answers

Answer 1

The cash received from an interest in the operating activities section of the statement of cash flows for the year is $4,500.

The detailed answer is as follows:

The company had an interest income of $5,000 during the year. However, the interest receivable declined from $800 to $300. This means that the company received $500 less in interest payments than it had expected to receive at the beginning of the year.

To calculate the cash received from an interest in the operating activities section of the statement of cash flows, we need to adjust the interest income for the change in interest receivable.

The adjustment is calculated as follows:

Beginning Interest Receivable - Ending Interest Receivable = Change in Interest Receivable
$800 - $300 = $500

So, the cash received from interest is calculated as follows:

Interest Income - Change in Interest Receivable = Cash Received from Interest
$5,000 - $500 = $4,500

Therefore, the company received $4,500 in cash from interest in the operating activities section of the statement of cash flows for the year.

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Related Questions

Your withholdings selections allow you to choose how much money your employer takes out of your paycheck for income taxes. example

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When you start a new job, your employer will ask you to complete a W-4 form. This form asks you to choose how much money you want your employer to withhold from your paycheck for federal income taxes.

There are several factors that can impact your withholding selections, including your filing status, number of dependents, and other sources of income. To help you determine the right amount to withhold, the IRS provides a withholding calculator on their website.

It's important to note that while choosing to withhold more money can mean a larger refund at tax time, it also means you'll have less in your paycheck each pay period. On the other hand, choosing to withhold less can result in a bigger paycheck throughout the year, but may mean you owe taxes when you file your return. It's important to find the balance that works best for your financial situation.

DeBeers is an example of a government monopoly. True or False?

Answers

Answer:

I believe this is false.

Income received by households through the lending of their money to corporations and business firms is an example of
income.

Answers

Answer:

Interest / Dividend Income

Explanation:

Answer:

Answer for EDGE is C or Interest

Explanation:

which term, as it relates to the internet, means to act in a unthinking, unsafe, or disrespectful manner online?

Answers

Answer:

Irresponsible behavior .

Explanation:

Answer:

agreed with the other person who answered that the answer is irresponsible behavior

Explanation:

Irresponsible behavior on unsecure websites are risky.

Hope this helps! (11/30/22)

How much does one need to have to open a bank​

Answers

Do you mean a bank account or a literal bank?

This is a method of evaluation in a credit bureau that assigns points based on several factors to compute credit
scores for consumers.

Answers

Answer:

point system

Explanation:

Which of the following is a tax on imported goods or products?

Answers

A tariff is a tax imposed by government of one country on the goods and services imported from another country. Therefore, the correct option is 4th.

Tariff is imposed majorly to protect the domestic producers, but the government also imposes tariffs to reduce imports from other countries, thereby promoting the use of domestic products. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. Some of the benefits of imposing tariffs are:

Protection to producers.Preserve national security.Reduction of innovation.Avoiding unemployment.  

 Tariffs should be imposed by the government when there is a potential threat or harm to domestic manufacturers or based on requests. The importing firm pays tariffs to the country's government where the goods are imported.

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The complete question would be: Which of the following is a tax imposed on the imported goods or products?

SubsidyQuota EmbargoTariff  

Wherein, a subsidy is a monetary gift from the government. A quota is an amount of something. An embargo is a ban on trade with a country.

Paragraphs found in every purchase agreement include all of the following EXCEPT a. property b. price c. parcel d. parties.

Answers

Paragraphs fοund in every purchase agreement include all οf the fοllοwing EXCEPT  parcel.

Option C is correct.

What is a purchase agreement ?

While prοperty, price, and parties are essential cοmpοnents οf a purchase agreement, the specific parcel οr plοt οf land being purchased is typically nοt mentiοned as a separate paragraph in the agreement. The prοperty details are usually described in the agreement's terms and cοnditiοns οr in a separate legal descriptiοn attached tο the agreement.

A legally binding agreement between a buyer and seller is a purchase agreement. These arrangements as a rule connect with the trading of merchandise rather than administrations, and they can cover exchanges for pretty much any kind of item.

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Which statement includes one real benefit from shopping with a credit card? *
1 point
You may earn cash back, travel rewards, or other perks for each dollar you spend
Most stores will give you a discount if you pay with credit instead of cash or debit
It pulls money directly from your bank account, preventing you from overspending
If you do not have the money to pay your monthly bill, you can just wait a few months and pay the same amount then

Answers

The statement which includes one real benefit from shopping with a credit card is:

A. You may earn cash back, travel rewards, or other perks for each dollar you spend

A credit card is a payment card that is authorised by a financial institution which allows the owner of the card to make purchases based on his available card debit limit

There are various benefits to using a credit card which include:

A user can earn rewards or cash back when he spends with his credit cardA thief would not be able to successfully use a stolen credit cardIt is easier to make disputes on a transaction, etc

Therefore, the correct answer is option A

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What does indigenous technology mean?​

Answers

Answer: I hope this is helpful mark brainlist if right then no if wrong

Explanation:

Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.

What would be the best time for a person to buy a franchise?

Answers

When your financially comfortable

Answer:

Buying a franchise should be one of the most heavily researched decisions of your life, but timing is everything. Here's how to know when ...

Explanation:

HOPE U lIKE MY ANSWER AND MY ANSWER HELPED U.....

When faced with needing additional money during college, which option is NOT true?
Taking on a job can cut into study time.
Paying with credit cards can end up costing more money.
Paying with additional loans can lead to connections and opportunities.
Taking on a job can make connections that lead to opportunities.

Answers

Answer:

c

Explanation:

Additional loan incurs more debt doesn't lead to opportunities or connections

suppose there has been a long-standing price ceiling on housing in your city. recently, population has declined and demand for housing has decreased. the decrease in demand could cause the efficiency of the price ceiling to:

Answers

The decrease in demand could cause the efficiency of the price ceiling to decrease, resulting in less than optimal market outcomes.

The efficiency of the price ceiling on housing in the city would increase due to the decrease in demand. With a price ceiling in place, the price of housing cannot rise above a certain level, even when demand is high. This can result in a shortage of housing, as the quantity supplied is less than the quantity demanded.

However, when demand decreases, there is less pressure on the market to exceed the price ceiling, and there is less likelihood of a shortage of housing. As a result, the price ceiling becomes more efficient, as it can maintain affordable housing without causing a shortage.

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Describe three ways in which being a student is like being a wage earner

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Answer:

Being a full-time student has quite a few similarities to being an employee, especially in the following characteristics:

1- The existence of a schedule to meet. While employees must meet a schedule in their respective jobs, students must attend their previously scheduled classes, in addition to meeting a minimum study schedule per day.

2- It is the main activity of each person. While employees spend between 8 and 10 hours of their day at work, students also spend part of their day busy with study activities, between trips, classes, studies, practical work, etc. In both cases, recreational activities are secondary to your primary obligations.

3- The economic appreciation of their activities. Employees get a salary for their work activity, while students do not get a salary but they do get knowledge, which will be economically valuable once they graduate.

An architect’s functions may include which of the following? (SELECT ALL THAT APPLY.)

-planning and designing houses, commercial buildings, and other structures
-ensuring worksite safety
-collaborating with engineers
-acting as a construction manager and supervising contractors

Answers

The answer is a b and d

Answer:

the answer is planning, ensuring, and acting

If the price of hand calculators falls from $10 to $9 and, as a result, the quantity demanded increases from 100 to 125, then Multiple Choice demand is price inelastic. demand is unit elastic with respect to price. demand is price elastic. not enough information is given to make a statement about elasticity.

Answers

If the price of hand calculators falls from $10 to $9 and, as a result, the quantity demanded increases from 100 to 125, then "demand is price elastic".

What is elastic demand?

A demand that is elastic experiences a significant shift in quantity demanded as a result of a price adjustment.

When the amount sought changes little as a result of a price adjustment, the demand is said to be inelastic.

Some properties of price elastic demand are-

If the amount demanded of a product changes more than proportionally as its price rises or falls, it is said to be elastic. In contrast, a product is said to be inelastic if changes in price have minimal effect on changes in quantity demanded.There is a quantity effect that results in fewer units being sold when the price of an elastic good rises, which lowers revenue. The quantity demanded is less responsive to a change in price the lower the price elasticity of demand.

There are three main types of price elasticity of demand:

elastic, unit elastic, and inelastic

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for an fha loan, your mortgage payment cannot exceed what percentage of your gross monthly income?

Answers

For an FHA loan, your mortgage payment cannot exceed 31% of your gross monthly income.

Explanation: The Federal Housing Administration (FHA) is a government agency that provides mortgage insurance on loans made by approved lenders. FHA loans are popular among homebuyers, particularly those with lower credit scores or smaller down payments. As part of the qualification criteria for an FHA loan, there are certain debt-to-income (DTI) ratio limits that borrowers must meet. The front-end DTI ratio, which measures the percentage of a borrower's gross monthly income that can be used for housing expenses, including mortgage payment, property taxes, and insurance, cannot exceed 31%. This means that if your gross monthly income is $5,000, your total mortgage payment, including principal, interest, taxes, and insurance, should not exceed $1,550 (31% of $5,000). This requirement helps ensure that borrowers can afford their monthly mortgage payments while maintaining financial stability.

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Pretend you are President of the United States. The Citizens and the economy of the USA need financial assistance to get back on their feet. List and describe three fiscal Policies you would initiate (describe each policy in 3 sentences):

Answers

Assuming i am the President of U.S. and the country needs a financial assistance to get back on their feet. The most likely fiscal Policies we would initiate are the:

contractionary fiscal policyexpansionary fiscal policy

What do we call a Fiscal policy?

In economics, a fiscal policy refers to a governmental decision to increase or decrease taxation and spending. Most time, a Fiscal and monetary policy are often used together to influence the economy. But the fiscal policy can affect a company’s growth, hiring ability and taxes.

We have 3 types of fiscal policy which includes a neutral, expansionary, and contractionary fiscal policy. The neutral policy is one where government takes no steps to provide economic support because it feels the economy is healthy and stable, the expansionary fiscal policy mainly involves increasing spending or cutting taxes to prevent or end a recession or depression and the contractionary fiscal policy involves cutting spending or raising taxes to slow down unsustainable economic growth.

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How much does a check-cashing place typically charge to cash a check?

Answers

3%, The cost for cashing checks varies, with most states setting limits on how much a business can charge to provide this service. The fee charged is often a percentage of the amount of the check being cashed, and can range from 1%-12%.

An oil company hires an engineering firm to help them comply with environmental laws. What is this an example of?

Answers

Answer:

Human Capital

Explanation:

The engineering firm has the experience and certain skills that are able to help defining a Human Capital.

because of automation, which component of product cost is declining?

Answers

The costs involved in creating a product are called Product Costs. These costs include materials, labor, production supplies and factory overhead. The cost of the labor required to deliver a service to a customer is also considered a product cost

The Functions made this!!

unit 4 individual activity 2 I need help

Answers

The function of management is to plan, organize, lead, and control the activities of an organization in order to achieve its goals and objectives.

Management is responsible for developing and implementing strategies to achieve success, as well as for motivating and coordinating the efforts of employees. Some specific functions of management include: Planning: This involves developing a vision for the organization and creating a strategy to achieve it. This includes setting goals and objectives, analyzing market trends and customer needs, and identifying resources and constraints that may affect the organization's ability to achieve its goals.

Controlling: This involves monitoring and evaluating the organization's performance against its goals and objectives. This includes identifying areas for improvement, taking corrective action as needed, and making adjustments to the organization's strategy as circumstances change. Overall, the function of management is to ensure that the organization is able to achieve its goals and objectives in a effective and efficient manner.

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Correct Question:

What is function of management in unit 4?

A company had the following cash flows for the year: (a) Purchased land, $60,000 (b) Borrowed from a local bank, $100,000 (c) Paid employee salaries, $50,000 (d) Issued common stock, $75,000 (e) Paid dividends, $20,000 (f) Sold equipment, $130,000 (g) Sold services to customers, $120,000 What amount would be reported for net investing cash flows in the statement of cash flows

Answers

Answer:

$70,000

Explanation:

Calculation to determine What amount would be reported for net investing cash flows in the statement of cash flows

Using this formula

Net investing cash flows=(f) Equipment sold- (a) Purchased land

Let plug in the formula

Net investing cash flows=$130,000-$60,000

Net investing cash flows=$70,000

Therefore The amount thatwould be reported for net investing cash flows in the statement of cash flows is $70,000

Your organization has a major problem in collecting on overdue accounts receivable with $10 million in outstanding debt. As a result, it is considering making a $100,000 investment to improve the accuracy of its accounts receivable data. Based on results of competitors in your industry, you can expect to collect about 30% of the outstanding debt or $3 million by accurately identifying contact data for non-paying customers. The remaining $7 million of outstanding debt would be turned over to a collection agency. The expected recovery rate is 25%. How much of the outstanding debt would be recovered through a combination of data quality improvement and collection agency efforts? How much debt would be recovered if the entire $10 million in outstanding debt were turned over to the collection agency? What is the additional net revenue generated from a combination of data quality improvement and collection agency efforts?

Answers

By combining data quality improvement and collection agency efforts, the additional net revenue generated is $1.75 million .

The outstanding debt is $10 million, and based on competitors in your industry, you can expect to collect 30% of the outstanding debt, which is $3 million, by accurately identifying contact data for non-paying customers. This means that $7 million of outstanding debt remains uncollected.

If the remaining $7 million of outstanding debt is turned over to a collection agency, the expected recovery rate is 25%. This means that the collection agency can recover 25% of the $7 million, which is $1.75 million.

If we combine the data quality improvement and collection agency efforts, we can expect to recover a total of $4.75 million. This is calculated by adding the $3 million recovered through data quality improvement to the $1.75 million expected to be recovered by the collection agency.

On the other hand, if the entire $10 million in outstanding debt were turned over to the collection agency, we can expect to recover 25% of the total outstanding debt, which is $2.5 million.

Therefore, by combining data quality improvement and collection agency efforts, the additional net revenue generated is

=> ($4.75 million - $3 million) = $1.75 million .

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what's the difference between Utility and Marginal Unility?​

Answers

Answer:

One is large the other is small

Explanation:

If Assets are $ 5,000 and Liabilities are $ 3,000, what is Owner’s Equity?

Answers

Answer:$2,000

Explanation:

Owner's equity = all of the assets - all of the liabilities

$5,000-$3,000=$2,000

why is it so important to review your credit report at least once a year?

Answers

It is extremely important to review your credit report at least once a year because it allows you to ensure that all the information listed is accurate and up-to-date.

A credit report contains a wealth of information about your credit history, including your payment history, credit utilization, and open accounts. Any errors or inaccuracies on your credit report could negatively impact your credit score and ultimately affect your ability to obtain credit or loans. By reviewing your credit report annually, you can catch any errors early and take steps to correct them before they cause any serious damage. Additionally, monitoring your credit report can help you detect any signs of identity theft or fraud, which can have serious consequences if left unchecked. Overall, taking the time to review your credit report is an important step in maintaining a healthy credit score and financial well-being.

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Why is having cultural diversity on a company’s staff a good idea?
a.) It creates work ethic.
b.) The work environment will be more ethical.
c.) There is a broader range of talents, skills, and creativity.
d.) It meets the federal regulations.

Answers

Having cultural diversity on a company's staff is a good idea because it brings a broader range of talents, skills, and creativity to the table.

When employees come from different cultural backgrounds, they can bring different perspectives and ideas to the workplace, which can lead to innovation and problem-solving. Additionally, having a diverse staff can help create a more inclusive work environment and increase the company's understanding of different cultures and customs. It's worth noting that while meeting federal regulations is important, the benefits of cultural diversity extend far beyond simply complying with the law.

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A bond issue with a face amount of $495,000 bears interest at the rate of 7%. The current market rate of interest is 8%. These bonds will sell at a price that is:

Answers

Answer: Less than $495,000.

Explanation:

The options are:

a. Equal to $495,000.

b. The answer cannot be determined from the information provided.

c. Less than $495,000.

d. More than $495,000.

It should be noted that a bond will be sold at a discount when the market interest rate is more than the stated interest rate.

Due to the lower interest rate, the investors will pay less for the bonds. Therefore, based on the information given, the bonds will sell at a price that is less than $495,000.

Therefore, the correct option is C.

Identify the ways in which lower of cost or market can be applied to merchandise inventory. (Check all that apply.) Multiple select question. It can be applied to the inventory as a whole. It can be applied to each item individually. It can be applied to individual sales departments. It can be applied to major categories of items.

Answers

Answer:

It can be applied to each item individually.

It can be applied to major categories of items.

It can be applied to the inventory as a whole.

Explanation:

As we know that

The inventory should be valued at the lower of the cost or the market value

So the following are the cases where this rule could be applied with respect to the merchandise inventory

1. It is applied for each and every item on individual basis

2. It can be applied for major items that categorized

3. It can be applied to the overall inventory

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