Use the following information of VPI Co. to prepare a statement of cash flows for the year ended December 31 using the indirect method. (Amounts to be deducted should be indicated by a minus sign.)
Gain on sale of machinery $42,400
Cash received from sale of machinery 7,400
Increase in accounts payable 6,400
Net income 10,400
Decrease in accounts receivable $ 2,600
Cash balance at prior year-end Increase in inventory 3,400
Depreciation expense 10,700
Cash received from issuing stock 2,700
Cash paid for dividends 5,400
VPI CO.
Statement of Cash Flows (Indirect Method)
For Current Year Ended December 31
Cash flows from operating activities
Adjustments to reconcile net income to net cash provided by operating activities
Income statement items not affecting cash
Changes in current operating assets and liabilities
Cash flows from investing activities
Cash flows from financing activities

Answers

Answer 1

god help you with this homework


Related Questions

Select the correct answer
What type of income is received through rent?
A. earned income
B. passive income
C. portfolio income
D. business income

Answers

It is B. passive income

Answer:

earned income is received through rent

Which of these statements about game design is FALSE?

Game design involves

incorporating user feedback to

improve the platform.

Games design is not a STEM

career because it is just about

making entertainment.

Game design is iterative.

Game design requires many team

members with lots of different

areas of expertise.

Answers

When it comes to game design, it is false to say that Games design is not a STEM  career because it is just about  making entertainment.

Game design:

Incorporates the feedback of users to make better games. Is quite iterative. Requires that many different people from different careers work in different teams.

Game design is a STEM career because it requires people with expertise in science, technology, and engineering. It would be false to say that these careers are not present in game design.

In conclusion, option B is correct.

Find out more on STEM careers at https://brainly.com/question/20250489.

If the reserve requirement is 25%, a new deposit of $1,000 leads to a potential increase in the money supply of

Answers

Based on the information given regarding the reserve requirements, there'll be an increase in the money supply by $4000.

A reserve requirement simply means a regulation by the Central Bank where commercial banks set a minimum amount that must be held in liquid assets.

Since the reserve requirement is 25%, a new deposit of $1,000 leads to a potential will lead to an increase in the money supply of $4000. This was calculated thus:

= $1000 / 25%

= $1000 / 0.25

= $4000

Learn more about money on:

https://brainly.com/question/24556197

This year Andrews achieved an ROE of 30.2%. Suppose next year the profit margin (Net Income/Sales) increases. Assuming sales, assets and financial leverage remain the same next year, what effect would you expect this action to have on Andrews's ROE

Answers

It Is expected that Andrew's ROE would increase.

ROE is a short form of return on equity. ROE is a profitability ratio.  It measures the ability of a firm to generate profits from its asset

Return on equity = net income / average total equity

ROE can be decomposed into:  

ROE = profit margin x asset turnover x financial leverage

ROE = (Net income / Sales) x (Sales/Total Assets) x (total asset / common equity)

If, profit margin increases, ROE would also increase.

To learn more about ROE, please check: https://brainly.com/question/4298617

Evaluating debt burden. Ted Phillips has a monthly take-home pay of $1,685; he makes payments of $410 a
month on his outstanding consumer credit (excluding the mortgage on his home). How would you
characterize Isaac's debt burden? What if his take-home pay were $850 a month and he had monthly credit
payments of $150?

Answers

1000 Bc I said so and ya

According to the the question, the debt safety ratio is 24.33% on the payment of $410 where on the payment of $150 the debt safety ratio is 17.65%.  

What do you mean by the debt safety ratio?

While your debt safety ratio measures your monthly consumer debt payments to your monthly take-home pay, your debt service ratio compares your total monthly loan payments to your gross monthly income.

This ratio primarily considers debt commitments, such as your mortgage, instalment, and personal responsibilities, that will not be paid off by the minimum needed payments within the next 10 months, and ignores current liabilities.

Debt safety ratio = Total monthly credit payment / monthly take home pay.

Therefore,

On the monthly credit payment = $ 410

Monthly take payment = $ 1685

Debt safety ratio = 410 / 1685 = 0.2433 = 24.33%.

Here,

On the monthly credit payment = $ 150

Monthly take payment = $ 850

Debt safety ratio = 150 / 850 = 0.1765 = 17.65%.

To learn more about the debt safety ratio, visit:

https://brainly.com/question/28826100

#SPJ2

Lexie, a marketing manager, regularly interviews candidates for her team. Because Lexie is a

people person, and her department is built on teamwork, when she interviews candidates for a

job, she tries to get to know the candidates as people. She always begins by saying, "Tell me

about yourself," and based on what the candidate says, she lets the conversation unfold for 30

to 60 minutes per session.

Questions

i) How does Lexie’s current interview technique limit her effectiveness as an interviewer?


[3 marks]

ii) Lexie also wishes to contact people or organizations as referees for job candidates to fill

strategic positions in the organizations. Discuss two to three limitations of referee reports

placed on management or organizations for job candidates. How do organizations cope

with this burden?


[4 marks]

iii) The human resource department at Lexie’s organization is preparing to formulat

Answers

Lexie's interviews are not as effective because she does not care about the professional training of the people she will hire, which can have serious consequences on the operation of the company. On the other hand, the referral system would also hinder the operation of the company because the skills or abilities of the employees are not verified.

When we do a recruitment process, we must have several aspects in common to hire or dismiss a job applicant. Among the aspects that must be taken into account are:

Work experience.Vocational training.Other experiences.

Following the foregoing, the person in charge of the selection process must objectively select the candidate who best fits a job based on her experience or professional training.

According to the above, Lexie is limiting her liability because she only looks at aspects of the applicants' personal lives without evaluating their ability to perform a job. Additionally, you should carry out some tests on the applicants to verify their work capabilities.

On the other hand, in the referral system, she has several limitations because she accepts the criteria of another individual or organization to hire a person without herself evaluating him to fit the job that she requires.

Learn more about teamwork in: https://brainly.com/question/18869410

The following information relates to last year's operations at the Legumes Division of Gervani Corporation: Minimum required rate of return 6% Return on investment (ROI) 6.8% Sales $ 870,000 Turnover (on operating assets) 2 times What was the Legume Division's net operating income last year

Answers

Based on the information given, Legume Division's net operating income last year will be $29580.

Firstly,we will calculate the turnover which will be:

= Sales / Operating costs

= $870000 / 2

= $435000

The return on investment will be:

= Net operating income / Operating assets

Therefore, the net operating income will be:

= $435000 × 6.8%

= $29580

Learn more about income on:

https://brainly.com/question/8549393

The Legume Division's net operating income last year was $29,580.

What is the net operating income?

The net operating income is the income after deducting the cost of goods sold and operating expenses from sales revenue.

Data and Calculations:

Minimum required rate of return = 6%

Return on investment (ROI) = 6.8%

Sales revenue = $870,000

Turnover on operating assets = 2 times

Operating assets = $435,000 ($870,000/2)

Net operating income = ROI x Operating Assets

= $29,580 ($6.8% of $435,000)

Thus, the Legume Division's net operating income last year was $29,580.

Learn more about Return on investment at https://brainly.com/question/22985922

Help help help help bell businesses

Answers

Question

Monetary policy can be either expansionary (growing)or contractionary (becoming smaller).

what is the purpose of expansionary monetary policy?

Answer:

C. to increase real output in the economy

HEY!!^^

have a good day!^^

thank me later

carryonlearing

Jerome is assisting with strategic planning for his organization's information system. He knows that information system organizational strategy is influenced by four main drivers: _____. a. corporate strategy, business unit strategies, innovative thinking, and technology innovations b. technologies, competencies, people, and projects c. strategic planning focus, information system goals, business unit strategy, and typical projects d. decision-making frameworks, focus of resource use, business opportunities, and communication among management and other personnel

Answers

Jerome is assisting with strategic planning for his organization's information system. He knows that information system organizational strategy is influenced by four main drivers: d. decision-making frameworks, focus of resource use, business opportunities, and communication among management and other personnel.

The information system is introduced in companies that want to change their methods of operations, goals, products, and services to meet up to their competitions or supersede them.

To successfully achieve these objectives, the resources, business strategies, decision-making framework, and communication should be strengthened to implement the Information system

Learn more about Information System here:

https://brainly.com/question/25727285

$1,000 par value zero coupon bonds, ignore liquidity premiums Bond Years to maturity Yield to Maturity A 1 6.00% B 2 7.50% C 3 7.99% D 4 8.49% E 5 10.70% The expected one-year interest rate three years from now should be about _________. 8.00% 7.00 % 9.00% 10.00%

Answers

$1000 coupons for coupons ignore liquidity premium bond you’re so mature healed to maturity a temperature of a tree family ancient mayonnaise

Xavier needed a new business credit card. After evaluating many choices, he decided to sign up for an American
Express Delta Air Lines card. Within a few moments of his online signup and approval, Xavier received two emails.
The first email included his account information and a link to take a survey to give feedback about his account sign
up experience. The second email pointed him to a social media video that walked him through his new benefits,
showed him how to navigate the website, answered basic questions a new customer may ask, and showed him
how to sign up for account alert emails. American Express's marketing team created an easy way to reinforce a
customer's "purchase" decision. Which IMC tools were used to facilitate this process?
a

Answers

Integrated Marketing Communications is often used in marketing. The IMC tools that were used to facilitate this process is email, survey and social media.

Integrated Marketing Communications os known to be described as putting together or the integration of marketing tools examples advertising, online marketing, etc.

They are known to be promotional tools that are said to be very effective when they used together.

IMC seeks to make a stress-free experience for its customers. The Tools of Integrated Marketing Communications includes

AdvertisingPersonal sellingSocial Media MarketingPublic Relations etc.

Learn more Promotional tools from

https://brainly.com/question/7278281


Which of the following marketing messages are consumers most likely to trust?
A. A TV commercial
B. An article about the company in a city newspaper
C. An Internet advertisement
D. A phone conversation with an employee of the company
Please select the best answer from the choices provided
Ο Α
B
ОООО
OD

Answers

Answer:

as a consumer myself, I would most likely trust an article about the company in the city newspaper or a conversation with an employee

Explanation:

- Assume the company can experience the following return with the following probability
Scenario probability Expected return
A 0.2 +30%
B 0.3 +15%
C 0.1 -10%
D ? -20%


i- Compute the expected return.
ii- Compute the expected value of $2000 investment over a coming year.
iii- Compute the standard deviation of the percentage return over the coming year iv- If the risk-free return is 7 percent, what is the risk premium for a stock market investment

Answers

i. The expected return is 1.5%.

ii. The expected value of $2,000 is $30 ($2,000 x 1.5%).

iii. The standard deviation of the percentage return  = 0.085 ([tex]\sqrt{0.007175}[/tex]) or 8.5%.

iv. If the risk-free return is 7 percent, the risk premium for a stock market investment is 1.5% (8.5% - 7%).

Data and Calculations:

Scenario  Probability  Expected      Expected    Variance   Squared

                                      Return            Value                         Variance

A                     0.2            +30%            0.06         0.045       0.002025

B                     0.3            +15%             0.045       0.03         0.0009

C                     0.1             -10%             -0.01        -0.005       0.000025

D                    0.4             -20%            -0.08        -0.065      0.004225

                                                            0.015                          0.007175    

D's probability = 0.4 (1 - (0.2 + 0.3 + 0.1) or 40%

Expected return = (0.2 x 0.3 + 0.3 x 0.15 + 0.1 x -0.10 + 0.4 x -0.20)

= (0.06 + 0.045 - 0.01 - 0.08)

= 0.015

= 1.5%

Learn more about expected returns and values here: https://brainly.com/question/6354635

while calculating the coefficient of correlation between two variables x and y, the following results were obtained: n=25,

Answers

Answer:

therefore,the domain of the logarithmic function y=x is the set of positive real number and the range is the set of rwal number.

The _____________ and ______________ provide specific guidelines regarding minimum identification requirements for clients who complete applications for financial products.

Answers

Based on existing rules and regulations, the Truth in Lending Act and Truth in Savings Act provide specific guidelines regarding minimum identification requirements for clients who complete applications for financial products.

The purpose of the Truth in Lending Act & Truth in Savings Act

The United States government explicitly made the Truth in Lending Act & Truth in Savings Act to enable customers or citizens to make informed financial decisions precisely when making applications for financial products.

It also requires financial institutions like banks to provide to consumers disclosures on terms and costs relating to deposit accounts, savings, and lending.

Hence, in this case, it is concluded that the correct answer is "Truth in Lending Act and Truth in Savings Act."

Learn more about the Truth in Savings Act here: https://brainly.com/question/21714367

Help help help help help help

Answers

Answer:

37%

Explanation:

I did the division 290/780*100. Mark brainliest if this answer helped you

WILL GIVE BRAINLIEST
Refer to Figure 33-2. A decrease in taxes would move the economy from Q to

a) P in the short run and the long run
b) R in the short run and the long run
c) P in the short run and O in the long run
d) R in the short run and Q in the long run

Answers

I think that the answer would be A. I hope you forgive me if I am wrong

A decrease in taxes would move the economy from Q to P in the short run and O in the long run. Thus, option D is correct.

What is an economy?

Economics seems to be the science of how individuals and groups allot limited resource for output, allocation, and consumer. Both micro and macro are really the two subfields of economic. Performance in trade and producing is the main concern of finance.

This graph shows the change that has been taking a long with respect to the change in quantity or the change in price.

The following graph there is shown a change from the long run to short run. As the economy has decreased the amount of taxes. Therefore point Q will be shifted to point P which will be regarded as a short run time period. And in long run, it will be changed to o.

Therefore, option D is the correct option.

Learn more about the economy, here:

https://brainly.com/question/2421251

#SPJ2

A broker found a ready, willing, and able buyer who offered full price for a home.


The seller refused to sell because the buyer was a minority. The broker could


legally do all except:


Sue for his commission.


Inform the prospective buyer that help may be available from HUD.


Inform the seller that a possible violation of Federal Fair Housing Laws has occurred.


Show the property only to non-minorities per the seller's instructions.

Answers

There are different reasons why people take decisions. The broker could

legally do all except Sue for his commission.

A seller may rejects an offer due to different reasons.  Sellers often doo have several options when they are receiving a bid for their property. It is better to make a counteroffer with revisions when your offer is being rejected.

A seller is known too be able to counter and ask for changes to the fastesr money deposit, purchase price etc. In the above scenario, the Sue for his commission is not necessary in this case.

Learn more about commission from

https://brainly.com/question/7985247

What is a "strategic move"?
A strategic move is
1) the outcome of a game in which each player is doing the best it can regardless of what its competitors are doing
2) a commitment to reduce one's options
3) an action that obeys the rules of the game
4) a strategy that is optimal no matter what an opponent does.
5) a value associated with a possible outcome

Answers

Answer:

four

Explanation:

The answer is four because the dictionary definition is "in order to gain a strategic advantage and increase one's payoff." If you have an advantage than it doesn't matter what your opponent does. So there for the answer is #4.

Help help help help help help

Answers

the answer I think is c

Explanation:

for the reason I have no clue I just joined and said to do this so just ignore me

6.You now have the agreement with the company and will sign the contract as you and the company are satisfied with the contract agreement. Of course, this is will be your first step to build a strong relationship between you and your employer. Your manager will know more about you. This represent which of the negotiation process element?


A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship


7.You and the other party have either come to an agreement on the terms, or one party has decided that the final offer is unacceptable and therefore must be walked away from. Most negotiators assume that if their best offer has been rejected, there’s nothing left to do. You made your best offer and that’s the best you can do. This represent which of the negotiation process element?


A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship


8.Assemble the information you’ve gathered in a way that supports your position. You can present facts that show what you will contribute to the organization in the future, which in turn demonstrates your value. This represent which of the negotiation process element?


A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

Answers

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

7.You and the other party have either come to an agreement on the terms, or one party has decided that the final offer is unacceptable and therefore must be walked away from. Most negotiators assume that if their best offer has been rejected, there’s nothing left to do. You made your best offer and that’s the best you can do. This represent which of the negotiation process element?

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

8.Assemble the information you’ve gathered in a way that supports your position. You can present facts that show what you will contribute to the organization in the future, which in turn demonstrates your value. This represent which of the negotiation process element?

A- Gather information

B- Manage concessions

C- Manage time

D- Build the relationship

The circular flow of income model shows

a. that consumers demand products and supply resources.

b. that producers supply products and demand resources.

c. that the two basic institutions of households (consumers and businesses (producers) are each demanders and suppliers.

d. that the real flow and the money flow are in opposite.

e. all of the above

Answer:
e. all of the above

Answers

the correct answer is letter C:)

Hope it's help!! :))

happy sunny or night

This SKU has an inconsistent product classification with the ASIN. Please submit a feed to update this SKU to match the ASIN product classification

Answers

It should be noted that a stock-keeping unit (SKU) means a scannable bar code that is usually seen on product labels that are in a retail store.

Your information is incomplete. Therefore, an overview of SKU will be given. The stock-keeping unit (SKU) allows vendors to be able to track the movement of their inventory.

On the other hand, ASIN stands for Amazon Standard Identification Number. It is a ten letters unique identifier for a product that is given by Amazon.

Learn more about bar codes on:

https://brainly.com/question/12538564

Help help businesses please please

Answers

Answer:

C

Explanation:

LRAS would shift left because there would be fewer workers available to produce goods at any given price. however sras is capable of shift left and right.

hope this helps <3

What role do you think Netflix and social media
played in popularizing Marie Kondo? Do you think
the popularity of the show "Tidying up with Marie
Kondo' is based on Marie Kondo only, or would any
other personality achieve similar results?

Answers

Netflix and social media  played an important role in popularizing Marie Kondo.

Yes, Netflix and social media  played an important role in popularizing Marie Kondo because the program of Marie Kondo is viewed by million of people across the world through the Netflix and social media and people are loving it which increase the popularity of Marie Kondo.

In my opinion the popularity of the show "Tidying up with Marie  Kondo' is based on Marie Kondo only because the people know the method through this program and in my knowledge there is no one that achieve the same result so we can conclude that Netflix and social media  played an important role in popularizing Marie Kondo.

Learn more about social media here: https://brainly.com/question/3653791

Learn more: https://brainly.com/question/26063194

Help help hep pelsss straightforward answer ASAP I’ll give points I need to pass class

Answers

Answer:

C. 1

Explanation:

C. 1

Jack is a 74-year-old, single taxpayer whose income consists of $10,000 in wages and $31,000 in social security benefits. The maximum amount he can contribute to a Roth IRA for 2019 is: A) $0 B) $6,000 C) $7,000 D) $10,000

Answers

Based on his age and income, the maximum that Jack is able to contribute to a Roth IRA in 2019 is C. 7,000.

In the year 2019, tax laws were such that:

$6,000 was the maximum to be contributed to Roth IRA. $1,000 could be contributed in excess by those above the age of 50.

As Jack is above the age of 50, he can contribute an extra $1,000 over the limit which puts him at:

= 6,000 + 1,000

= $7,000

In conclusion, Jack can contribute a maximum of $7,000.

Find out more on Roth IRA at https://brainly.com/question/1300867.

help pls im having trouble understanding this question

Answers

i think you add all the numbers together then convert that number into a percentage

cost of good s sold RS 80700 opening stock RS 5800 closing stock RS 6000.what is the amount of purchase ?​

Answers

Answer:80900

Explanation:

Inventory at the beginning of the period = COGS + Inventory at the end of the period-Purchase

5800=80700+6000-P

Intermediaries are businesses involved in selling the goods and services of producers to consumers and other businesses.

b. False
a. True

Answers

Answer:

A.true

am i right

Explanation:

correct me if im wrong

thanks

loveya

Other Questions
The purpose of the Freedmen's Bureau was to helpA former slaves.B all free people in the South.C all poor people in the South.D former slaves and poor whites. Discuss problems associated with trade deficit What was Alexander Hamilton's IQ? In which word pair are the syllables correctly accented?A. mercoles; sbadoB. mircoles, sabdoC. mircoles; sbadoD. miercles; sabad Need help need help need help need help need help need help need help Complete the equation of the line through (-1,6)(1,6)left parenthesis, minus, 1, comma, 6, right parenthesis and (7,-2)(7,2)left parenthesis, 7, comma, minus, 2, right parenthesis. The price of petrol increased by 8% to Rs 540 per litre. Find the old price. What is the effect of the opening scene with Effie and the creature in her eye? (5 points) Suppose the length and width of a 6 by 10 sandbox is doubled. Find the percent change in the perimeter. Find the percent change in the area Riley started selling bracelets. During the first month she sold 400 bracelets at $10 each. She tried raising the price, but for every $0.50 she raised the price, she sold 8 fewer bracelets. What price should she charge in order to make the highest possible gross income? In this discussion, you will discuss the cultural conflict in the United States during the 1920s.Begin your discussion by addressing the following prompt:During the 1920s, many Americans felt that their beliefs and values were being put to the test. Explain how the trial of Sacco and Vanzetti or the Scopes Trial reflected the cultural conflict in the United States. Provide evidence to support your response.Post a detailed response to the discussion prompt. Then do the following:Respond to a classmates post about how the trial of Sacco and Vanzetti reflected the cultural conflict in the United States.Respond to a classmates post about how the Scopes Trial reflected the cultural conflict in the United States. A line passes through the points (-4,1) and (-3,3). This line can be modeled by the equation y = mx + b.Complete the table to determine the values of m and b. Factorize 81xsquared+180x+100 what happens when you combine hydroxide, chlorine, and 2 drops of h2o Analyze the students work. Is the answer correct? Explain. No, the student should have added 3 4 to get the total number of sections, and used the fraction Three-sevenths instead of Three-fourths. No, the student should have subtracted 2 from "6 to find the distance. No, the student should have added 2 at the end to add to the starting point. Yes, the students answer is correct. (sinxdx)/(sinx^3+cosx^3) In a modern industrial plant the most likely polyphase power system in use is a/an blank system The maximum rate for credit transactions is established by Chapters 1-3 CSET: What is Okonkwos relationship with his family and his village like? Can someone please help me solve this