Answer:
When following up with a customer it is important to ___.
d. use a method suited to the customer
Explanation:
To ensure a great customer experience, it is important that follow-up steps are followed. In the first place, following up with a customer improves their overall experience with the company. Customer follow-up helps to solve problems a long time before they become an unmanageable issue. It endears the customer to the entity and its products and services. It enriches a trusty relationship, engendering great customer's experience and service.
Kayak requires a minimum cash balance of $40,000 at each month-end. Loans taken to meet this requirement charge 1%, interest per month, paid at each month-end. The interest is computed based on the beginning balance of the loan for the month. Any preliminary cash balance above $40,000 is used to repay loans at month-end. The company has a cash balance of $40,000 and a loan balance of $80,000 at January 1.
The total cash available in January, February, and March, based on the cash requirements of Kayak, are:
January - $ 557, 000February - $ 449, 500March - $ 545, 379How to find the cash available ?The cash available in January can be found by the formula :
= Beginning cash receipts + Cash receipts in month
= 40, 000 + 517, 000
= $ 557, 000
The cash available in February :
= 40, 000 + 409, 500
= $ 449, 500
The cash available in March :
= 76, 379 + 469, 000
= $ 545, 379
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The question is:
How much cash would Kayak have available in January, February, and March?
Colliers, Inc. has 105,000 shares of cumulative preferred stock outstanding. The preferred stock pays dividends in the amount of $3 per share, but because of cash flow problems, the company did not pay any dividends last year. The board of directors plans to pay dividends in the amount of $750,000 this year.
A. What amount will go to preferred stockholders?
The amount that will go to preferred stockholders is $400,000 if Colliers, Inc. has 105,000 shares of cumulative preferred stock outstanding.
How do you define stock?The ownership certificates of any corporation are referred to as stocks in a general sense. On the other hand, a share alludes to the stock certificate of a specific business. A shareholder is someone who owns stock in a specific corporation. Stocks come in two varieties: common and favored.
Why do investors purchase stocks?Your investment portfolio may benefit from including stocks. Investing in stocks of various companies can help you increase your savings, shield your money from inflation and taxes, and increase the return on your assets. It's critical to be aware of the hazards associated with stock market investing.
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project managers must assess the needs of the organization, the project, and individuals in determining which communication medium to use, and when.
When choosing which communication channel to utilize and when, project managers must consider the requirements of the organization, the project, and the people involved.
Briefing:-Regardless of the requirements of the stakeholders, status reports should be produced in a uniform style. Any communication issues the team may have can be resolved by the facilitator.
Which form of communication is best for gauging project stakeholders' commitment?The best use of email communication is to gauge someone's dedication to a project.
Which of the following recommendations is a best practice for project managers to adhere to while emailing their teams?Which of the following should project managers adhere to while emailing teams? Put the complete message in the subject line if it would fit. Regardless of the requirements of the stakeholders, status reports should be produced in a uniform style.
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fill in the blanks: When building a recruiting strategy, building relationships with top sales talent at other companies is _____, while building relationships with high-performing business development reps at other companies is _____.
O a short-term strategy, a long-term strategy
O a long-term strategy, a short-term strategy
O an ideal strategy, usually a mistake
O a good primary tactic, a good secondary tactic
When building a recruiting strategy, building relationships with top sales talent at other companies is a short-term strategy, while building relationships with high-performing business development reps at other companies is a long-term strategy.
A comprehensive business plan with goals for the future is called a long-term strategy. During this cycle, you're laying out and finishing objectives to accomplish an all-encompassing objective for the organization. You can set a number of smaller goals to help you achieve your ultimate goal in order to develop a long-term strategy.
What are the business's long-term strategies?
Either through proactive, long-term strategic planning or natural (or organic) sales growth, small businesses can expand. Diversification, acquisitions, expanding distribution channels, and improved financial management practices are all options for strategies.
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Classify the items according to whether a discriminatory wage differential would exist in a competitive market given that employer discrimination exists. a. A competitive market is guided by the economic self-interest of employers seeking the lowest labor costs and consumers seeking the least-expensive products and services.
In this case the wage rate will be determined by market demand and supply for labour which the firms will have to accept and there will be no wage discrimination.
How is discrimination in wages carried out?Wage discrimination is the practice of setting one's pay in a different way depending on one's gender, color, age, or religion. Paying a worker less because of any protected characteristics is illegal. The underpayment of women for the same task as men is an example of pay discrimination.
The gender pay gap, also referred to as the gender wage gap, is the typical compensation differential between working men and women. Males typically earn more money than females do. The non-adjusted pay gap and the adjusted pay gap are two separate metrics that represent the pay disparity.
How do you deal with pay disparity?To report unjust wages, an employee must first file a complaint with a state or federal government agency that oversees unfair wage practices, such as the Equal Employment Opportunity Commission ("EEOC"). The receiving agency will examine the claim before starting an investigation.
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Seamus had $16,000 of net short-term capital loss in 2019. In 2020, he has $17,000 of long-term capital loss and $26,000 of long-term capital gain. Which of the following statements is correct? O Seamus had a $13,000 short-term capital loss carryover to 2020.
O Seamus reports an overall $9,000 net capital gain in 2020. O Seamus reports an overall $4,000 net short-term capital loss in 2020. O Choices a, and
Seamus had a $13,000 carryover short-term capital loss to 2017 and a $4,000 overall short-term capital loss in 2017.
What takes place in the event of a capital loss?You can deduct some income in your tax return by using capital losses to reduce capital appreciation within a taxable year. You may deduct up to $3,000 of ordinary income from a capital loss each year if if don't have any capital appreciation to offset it.
Are losses on investments beneficial?Additionally, wise investors are aware that, depending on the circumstance, capital losses may be more advantageous than gains. Taxpayers will not save as much money from long-term capital losses as they will from short-term capital losses.
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economist(s) thought that government should stay out of economic decisions, that the economy should be guided by the forces of supply and demand alone
Keynes supported governmental intervention in times of economic upheaval. He argued in "General Theory" that economies are intrinsically unstable and that public spending and policy must be increased in order to achieve full employment.
What should the government do, according to Keynes, to support the economy?In the long term, we are all going to die, as he put it, so governments should deal with problems now rather than waiting for the market to fix them afterwards. Keynesians oppose making frequent changes to policy to maintain full employment.
Which school of thought in economics claims that the only way to increase economic growth is to reduce rules and taxes?The supply side philosophy contends that the government should focus on increasing economic output by reducing taxes and regulations rather than trying to regulate the economy by controlling wages and prices. In the end, it considers market mechanisms to be the best means of ensuring everyone's prosperity.
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Answer:
Adam Smith
Explanation:
As a supporter of Smith's theories you are most likely to feel the government should not drastically change its policies when faced with an economic crisis and that, eventually, the problems will resolve themselves through market forces (supply and demand).
First, imagine you have been living on the space station for one year. Suddenly, the computers malfunction, and you have fifteen minutes to evacuate to a space shuttle before all life support systems fail. You will be allowed to take five items with you.
Before all life support systems fail, the five things to bring aboard a space shuttle are oxygen, food, water, fuel cells, and extra sleeping bags.
Which nation owns the space station?This indicates that the countries who own the Space Station—the United States, Russia, the European Partner, Japan, and Canada—are legally liable for the components they supply. The European Partner on the Space Station refers to the European States as a single, homogeneous group.
The space station is closing down for what reason?Many of the pieces of machinery are out-of-date, and structural issues like cracks are starting to show. In order to prepare for eventually deorbiting the Multinational Space Station, the international organizations that work together to manage it have chosen to scale back operations.
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Suppose that an investor wants to compare the risks associated with two different stocks. One way to measure the risk of a given stock is to measure the variation in the stock’s daily price changes. The investor obtains a random sample of 25 daily price changes for stock 1 and 25 daily price changes for stock 2. These data are provided in the file P09_20.xlsx. Explain why this investor can compare the risks associated with the two stocks by testing the null hypothesis that the variances of the stocks’ price changes are equal.A hypothesis test for equal population variances is
appropriate
because the two stock price changes can be assumed
independent from
each other.
Perform this test, using a 10% significance level, and interpret the results. Round your answer for p-value to three decimal places, if necessary.
With a p-value of
0.022
, we
reject
the null hypothesis of equal variance. There
is
enough evidence to support the claim that the two stock prices
do not have
the same risk.
Stock Market the Tokyo Stock Exchange (Japan), the Shanghai Stock Exchange (China), and the London Stock Exchange are among the other significant exchanges in the world (England).
What is Stock Market?Shares of publicly traded corporations are bought, sold, and issued on the stock market. It consists of a number of exchanges where businesses can list their stocks.The New York Stock Exchange (NYSE) and Nasdaq are the two most well-known exchanges in the United States. The NYSE is the biggest stock market in the world and is home to some of the oldest publicly traded American businesses.The largest names in technology, including Apple, Alphabet, and Microsoft, are represented on the Nasdaq.Over the past 50 years, the S&P 500, which represents the American stock market, has returned an average of nearly 11%.The Tokyo Stock Exchange (Japan), the Shanghai Stock Exchange (China), and the London Stock Exchange are among the other significant exchanges in the world (England).Because it offers corporations long-term finance, the stock market is regarded as a capital market.To Learn more About Stock Market refer To:
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behavioral pitfalls and constraints: could affect our goal achievement do not affect our goal achievement guarantee goal achievement are the ease with which we can achieve our goals
The achievement of our goals may be hampered by behavioral pitfalls and limits.
What exactly are behavioral traps, exactly?A tendency to discount or dismiss information that challenges one's ideas in favor of knowledge that backs up those assumptions. For instance, when researching an investment, an investor could unwittingly look for information that supports his or her beliefs and overlook data that presents opposing ideas.
When achieving goals, one might avoid behavioral pitfalls by
- Making a plan in the "if-then" style.
- Creating a detailed plan that is concrete
- Creating a plan with actionable steps.
What are the shortcomings of behavioral economics?As was previously said, behavioral economics is quite good at spotting biases. However, it only employs a few techniques, mostly people observing and, to some extent, questioning. When we try to understand repercussions occurring in a matter of seconds or less, behavioral mapping is frequently ineffective, and self-reports are frequently unreliable.
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Compiled lists, which are lists purchased from list vendors, typically offer the lowest response rate, so experts suggest using numerous sources, merging them on the computer with mail-response and house lists, and then purging them of duplicate names.30 Direct-mail lists can be bought or rented.
Experts advise combining a variety of sources, merging them on a computer with mail-response and home lists, and then clearing them of duplicate names because compiled lists, which are lists bought from list vendors, often have the lowest response rate. Direct-mail lists can be rented or purchased 30. true
A computer is a machine that may be programmed to carry out a number of logical or mathematical operations automatically. Programs—generalized sets of operations—can be run on modern digital electronic computers. These programs enable computers to do a range of jobs. A computer system is a presumably completely working computer that includes all necessary hardware, an operating system, and any supplemental hardware. A group of linked computers that function as a single entity, such as a computer network or computer cluster, may also fall under this definition. Numerous industrial and consumer products employ computers as control systems.
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Experts advise combining a variety of sources, merging them on a computer with mail-response and home lists, and then clearing them of duplicate names because compiled lists, which are lists bought from list vendors, often have the lowest response rate. Direct-mail lists can be rented or purchased 30. true
A computer is a machine that may be programmed to carry out a number of logical or mathematical operations automatically. Programs—generalized sets of operations—can be run on modern digital electronic computers. These programs enable computers to do a range of jobs. A computer system is a presumably completely working computer that includes all necessary hardware, an operating system, and any supplemental hardware. A group of linked computers that function as a single entity, such as a computer network or computer cluster, may also fall under this definition. Numerous industrial and consumer products employ computers as control systems.
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in this example, what is the unconditioned stimulus (ucs), unconditioned response (ucr), conditioned stimulus (cs), conditioned response?
In classical conditioning, an unconditioned stimulus (US or UCS) is defined as any stimulus that can naturally and automatically trigger a response without prior learning or practice.
Which one better describes a stimulus?Anything that can cause a bodily or behavioral change is a stimulus. The word stimulus is pluralized as stimuli. External or internal stimuli are both possible. Your body's reaction to a medication is an illustration of an external stimulus.
Why is stimulation used?Major Takeaways. A stimulus package is a planned initiative to boost government spending while lowering taxes and interest rates in an effort to boost the economy and pull it out of a slump or depression.
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bruce lovegren who was born on september 27, 1950. on april 27 1977 he purchased a 15,000 ten year term life insurance policy
A 10-year term life insurance policy provides coverage for ten years. During this time, the insured's premium remains unchanged. The insurance coverage will expire after ten years.
As a result, your insurance will expire. Furthermore, the policy's death benefit coverage expires at the conclusion of the term. Because term life insurance does not have a cash value like whole life or universal life insurance, it is frequently not possible to cash out a term life insurance policy. A term life insurance policy is designed to provide coverage for a set period of time, often 20 or 30 years. As a result, term life insurance assures death payments with stable premiums for a period of 10 to 40 years.
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A manager can assign tasks to a subordinate, and a subordinate who refuses to do them can be reprimanded or even fired. This is an example of _____ power.
A) legitimate
B) informal
C) referent
D) expert
E) coercive
A manager assigns tasks to subordinate, and subordinate who refuses to do them can be reprimanded or fired. This is example of the coercive power.
What is coercive power?Coercive power refers to a management or leader's use of force or threat to persuade a worker, subordinate, or team member to comply with a directive or order. It is the power of the position of authority, not a power that belongs to the individual. It is derived from the term compel, which is defined as using force in a dictionary. How coercive power operates depends on managers' propensity to use threats of various forms of punishment to coerce staff into complying with instructions. It simply refers to someone attempting to influence someone else by threatening punishment. An aspect of leadership is what this is. One way a person might affect those around them is by using this technique.
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stakeholders and individuals or groups who have a stake in or are significantly influenced by an organizations decisions and actions and who, in turn, can influence the organization TRUE OR FALSE
Stakeholders and individuals who have a stake in or are significantly influenced by an organization's decisions and actions and who can influence the organization - True
Individuals or groups that have a stake in, or who significantly impact the choices and activities of, an organisation are referred to as stakeholders. These individuals also have the power to influence the organisation. Customers, suppliers, shareholders, creditors, regulators, and the community in which the firm operates can all be considered in this environment.
Organizations should take their stakeholders' demands and interests into account when making choices because they can have a big impact on the organization's success. Stakeholder analysis reveals and eliminates numerous obstacles to comprehension of the project's development. By learning about project's supporters, opponents, and their relative relevance to the project, it also removes obstacles to the release of successful initiatives.
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ers to any information about a product or an organization that is communicated to the public through the media and is not paid for or controlled by the spon
The any information that is communicated to the public through the media and not paid for or controlled by other party is publicity.
What is publicity?Publicity is to make awareness or visibility about information of product or organization in a public, often but not always via media with the subject is public interest, goods, organization, services, entertainment, works of art, etc.
Publicity is from within organization with cooperate to the media to inform the information about their product or organization to the public, so the organization is not paid for or controlled by any party include sponsor.
Thus, the given statement is refers to publicity.
You question is incomplete, but most probably your full question was
refers to any information about a product or an organization that is communicated to the public through the media and is not paid for or controlled by the sponsor.
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compensating balance for 310,000 notre what is the amount will inclue in itsd year end balance sheet as cahs and cahs equivalents
Treatment of balancing compensation 1. The compensating balance is part of cash if the deposit is not legally prohibited from being withdrawn by the borrower due to an informal compensating balance arrangement.
How are cash and cash equivalents determined on a balance sheet?On a company's balance sheet, cash and cash equivalents are recorded as current assets. All cash accounts and any highly liquid investments that meet the criteria for a cash equivalent are added together to determine the total value of cash and cash equivalents.
Which of the following would be a part of the balance sheet's total for cash and cash equivalents?The line item on the balance sheet that shows the value of a company's assets that are cash or can be instantly turned into cash is referred to as "cash and cash equivalents." Bank accounts and marketable securities like commercial paper and short-term government bonds are examples of cash equivalents.
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Scenario 10-1 The demand curve for gasoline slopes downward and the supply curve for gasoline slopes upward. The production of the 1,000th gallon of gasoline entails the following: O a private cost of $3.10; . O a social cost of $3.55; O a value to consumers of $3.70
the production of gasoline involves a negative externality, so the market will produce a larger quantity of gasoline than is socially desirable.
Petroleum- deduced clear ignitable liquid known as gasoline or petrol is the primary energy for the maturity of spark- burned internal combustion machines( also known as petrol machines). It substantially comprises of organic composites made from petroleum fractional distillation that have been bettered with colorful additions. A typical barrel of crude oil painting yields 19 to 20 gallons of gasoline, 11 to 13 gallons of distillate energy, the maturity of which is vended as diesel energy, and 3 to 4 gallons of spurt energy at U.S. refineries. The crude oil painting test and oil painting refinery processing determine the product rate.
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Which of the following is defined as an offer which comes under a State Administrator's jurisdiction?A. An offer to sell a security made by an agent in another state to a customer that lives in the Administrator's stateB. Neither the customer nor the agent reside in the Administrator's state, but the offer is made in the State while the customer is on a brief vacationC. The offer is made by TV broadcast originating from another State D. Neither the customer nor the agent reside in the Administrator's state, but the offer is accepted in the State by the customer while on vacation
A. An offer to sell a security made by an agent in another state to a customer that lives in the Administrator's state is defined as an offer which comes under a State Administrator's jurisdiction.
Both State Administrators have authority over an offer made by an out-of-state agent into another State. A state administrator is a representative of a governing body, regulatory organization, or official who is in charge of supervising and enforcing state laws governing securities transactions.
Each state in the US is guided by a model law known as the Uniform Securities Act when establishing its own regulations for securities transactions that are not otherwise subject to federal oversight. At the state level, the state administrator's responsibility is to safeguard investors from securities fraud.
Each state also has a securities regulator that is responsible for upholding "blue sky" rules, which are in addition to the federal securities laws that are governed and enforced by the Securities and Exchange Commission (SEC).
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At times a buyers voices opinions or concerns more to vent frustration than anything else
When this occurs, best marketing strategy to use would be acknowledge method.
What is marketing?In order to meet the needs of a target market for goods and services, marketing entails discovering, creating, and distributing value. Additionally, selecting a target market, deciding which traits or themes to highlight in advertising, launching marketing campaigns, attending trade shows and open forums, creating products and packaging that appeal to consumers, and establishing the terms of the sale, such as the purchase price, discounts, warranties, and return policies, are all possible. It is a cornerstone of business management and trade. Directly addressing consumers or other businesses are two options available to marketers. No matter who the target audience is, a number of factors, such as the marketers' viewpoint, are important. Market orientations are the approaches that marketers take during the marketing planning phase.
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Complete Question:
At times a buyers voices opinions or concerns more to vent frustration than anything else. When this occurs, the best strategy to use would be the _____ method.
all foreign companies listing their shares in the united states (are, aren't) required to restate their financial statements to comply with fasb standards.
All foreign companies listing their shares in the United States aren't required to restate their financial statements to comply with fast standards.
What are the financial statements?Financial statements are formal records of a company's, person's, or other entity's financial activities and position. Relevant financial information is presented in a structured and easy-to-understand format.
Therefore, All foreign companies with shares listed in the United States are not required to restate their financial statements in order to meet fast standards.
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office supplies purchased by janer's cleaning service on account were returned. which of the following entries for janer's cleaning service records this transaction?
Office supplies purchased by Janer's Cleaning Service on account were returned. Debit Accounts Payable; credit Office Supplies is the entries for Janer's cleaning service records this transaction.
What exactly is a payable account?Accounts payable (AP) is the term used to describe the unpaid balances owed to suppliers or vendors for products or services supplied. The accounts payable balance on the balance sheet of the business represents the total of all unpaid sums owing to vendors.
What use does accounts payable serve?The financial, administrative, and clerical support of a business is handled by the accounts payable department. They are in charge of tracking the company's short-term debts, paying vendor invoices or bills, and making payments the company owes to suppliers and other creditors.
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industrialization began in a and the low countries in part thanks to the capital raised by world trade. t/f
True The capital generated by international trade contributed to the beginning of industrialization in a and the low-income nations.
What started the industrialization process?British mechanized spinning in the 1780s marked the beginning of rapid industrialization. After 1800, high growth rates in steam power and iron production followed.
Where did industrialization start?The Industrial Revolution began in Great Britain in the middle of the 18th century, according to the majority of historians. At this time, most social activities took place in small and medium-sized villages in the British Isles and most of Europe.
When was industrialization first started?In 1854, the first cotton mill in Bombay marked the beginning of India's industrialization.
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The economy moves from point A, where it produces 100 units of X and 200 units of Y, to point B, where it produces 200 units of X and 150 units of Y. It follows that
a)point A is a productive inefficient point.
b)point A may be a productive inefficient point.
c)point A may be a productive efficient point.
d)point B is a productive efficient point.
e)b and c
Option E, B and C (point A may be a productive inefficient point; point A may be a productive efficient point.) Because economy of a technical advancement, more of good X can be produced with less labor.
The economy could be able to produce more things through inefficient means without employing any more capital. Production Efficiency vs. Inefficiency Inefficient productive occurs when production elements are distributed in contrast to comparative advantage. Because the economy can generate more of at least one productive thing with the use of available economy resources and technology, points that are strictly below the frontier or curve are inefficient. Points on the frontier or curve are productive.
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the national debt hit a forty-seven-year low just as reagan was taking office. identify the statements that describe the policies and outcomes of reaganomics.
Experiencing the worst recession since the Great Depression while running a significant deficit during peacetime.
Which recession was the worst in history?The worst economic downturn in history was known as the Great Depression, which lasted from 1929 to 1939. The majority of American banks failed, 20,000 businesses went out of business, and 15 million Americans were unemployed by 1933.
What year started the most exceedingly awful financial downturn since the Economic crisis of the early 20s?2007 The term "Great Recession" refers to the economic downturn that occurred between 2007 and 2009 as a result of the global financial crisis and the burst of the U.S. housing bubble. The Great Recession in the United States was the most severe economic downturn since the 1930s' Great Depression.
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Maxcorp bonds sell for $1,065.15. the bond life is 9 years, and the yield to maturity is 7%. what is the coupon rate on the bonds? (assume a face value of $1,000 and annual coupon payments.) note: do not round intermediate calculations. enter your answer as a percent rounded to 1 decimal place.
Coupon rate ______%
The bonds have an 8% coupon rate. The yearly salary an investor can anticipate while owning a specific bond is known as that of the coupon rate.
What is the rate of the coupon?We are given the information and now we must calculate the cuopon rate:The current market value is 1065.15.Market value corresponds to the coupon payment plus the maturity, plus 1, nine years until maturity, rate 0.079 PV = 504.4371 at maturity.Market value corresponds to coupon payment plus maturity, which is 1,065.15, the less contribution of 504.44, or 501.83.The true price of the coupon payment Using the annuity formula, we calculate coupon rate as follows: PV $501.83 time 9 at a rate of 0.079 C - $80.00.We are aware that the coupon payments is equal to the following: face value times bond interest ( 1,000 x r = 80, r = 80/1,000 = 0.08).
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The government of country B has relaxed immigration policies. Which of the following is likely to be a consequence of this policy?
A. There would be an increase in the labor force and an increase in the long-run aggregate supply.
B. There would be a decrease in the labor force and a decrease in the long-run aggregate supply.
C. There would be an increase in the labor force and a decrease in the long-run aggregate supply.
D. There would be a decrease in the labor force and a decrease in the short-run aggregate supply.
E. There would be an increase in the labor force and a decrease in the short-run aggregate supply.
The consequence of the policy is There would be an increase in the labor force and an increase in the long-run aggregate supply.
Hence, the correct option is A
Moving to a new area with the purpose of settling down and residing there is known as immigration. Many other causes might influence a person's decision to immigrate, including career possibilities, the need to flee a dangerous situation, environmental considerations, a desire for education, or the desire to be near family.Let's start by examining the four different categories of immigration status that are available: citizens, residents, non-immigrants, and undocumented. The following is a description of each status's attributes. These individuals are either American citizens by birth or those who have completed the three- or five-year "naturalization" process.To know more about Immigration here
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this is largest dollar increase for nsf of all time and the largest percentage increase for the foundation in more than two decades.
This is largest dollar increase for NSF of all time which is $9.9 billion and the largest percentage increase for the foundation is 12% in more than two decades.
The NSF stands for National Science Foundation is the organization for the testing and giving validation certificate for the health protection when the products is offering to the public.
The amount of dollar spend on the NSF for the research on the products, education and programs related to the products or NSF training.
Due to the public health protection, amount of dollar spend on the NSF and it is the advanced method to determine the science behind the produced products.
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which of the following statements about market power is true? the extent of market power held by a seller can vary along a spectrum from none to a high level. markets can have power, but sellers cannot have market power. there are two types of sellers, those with no market power and those with complete market power. all sellers that have market power will have equal market power.
The correct answer is A. The extent of market power held by a seller can vary along a spectrum from none to a high level.
For small and medium-sized groups, Spectrum business® promises the same suite of broadband products and services coupled with unique functions and applications to beautify productiveness, even as for larger businesses and authorities entities, Spectrum organization affords relatively custom-designed, fiber-based answers. Spectrum business is a division of charter Communications devoted to presenting advanced internet, telephone, and television offerings to small agencies throughout forty-one states.
99.9% network reliability is based totally on the percentage of time on common that the Spectrum commercial enterprise community is running at top-rated performance inside a given month.
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The balance sheets for Plasma Screens Corporation, along with additional information, are provided below:
PLASMA SCREENS CORPORATION
Balance Sheets
December 31, 2021 and 2020
2021 2020
Assets Current assets: Cash $ 114,250 $ 128,400 Accounts receivable 79,200 93,500 Inventory 98,000 82,700 Prepaid rent 4,600 2,300 Long-term assets: Land 495,000 495,000 Equipment 802,000 685,000 Accumulated depreciation (431,000 ) (274,000 ) Total assets $ 1,162,050 $ 1,212,900 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 102,000 $ 87,700 Interest payable 6,450 12,900 Income tax payable 8,600 5,300 Long-term liabilities: Notes payable 107,500 215,000 Stockholders' equity: Common stock 715,000 715,000 Retained earnings 222,500 177,000 Total liabilities and stockholders' equity $ 1,162,050 $ 1,212,900 Additional Information for 2021:
Net income is $72,000.
The company purchases $117,000 in equipment.
Depreciation expense is $157,000.
The company repays $107,500 in notes payable.
The company declares and pays a cash dividend of $26,500.
Can someone please help me create the statement of cash flow using the indirect method?
A cash flow statement, commonly referred to as a statement of cash flows, is a financial document that illustrates the impact of changes in the income and balance sheet accounts on cash and cash equivalents.
How to create cash flow statement ?To create the statement of cash flow using the indirect method, we can follow these steps:
Calculate net cash provided by operating activities:
Begin by calculating the net income for the year. For Plasma Screens Corporation, the net income is $72,000.
Next, add back any non-cash expenses, such as depreciation, to arrive at the net cash provided by operating activities. For Plasma Screens Corporation, the net cash provided by operating activities is calculated as follows:
Net cash provided by operating activities = Net income + Depreciation expense
= $72,000 + $157,000
= $229,000
Calculate net cash used in investing activities:
Next, calculate the net cash used in investing activities. This includes any purchases of long-term assets, such as land and equipment, as well as any investments in other businesses. For Plasma Screens Corporation, the net cash used in investing activities is calculated as follows:
Net cash used in investing activities = Purchases of long-term assets
= $117,000
Calculate net cash provided by (used in) financing activities:
Next, calculate the net cash provided by (or used in) financing activities. This includes any payments on long-term liabilities, such as notes payable, as well as any dividend payments or stock issuances. For Plasma Screens Corporation, the net cash provided by financing activities is calculated as follows:
Net cash provided by financing activities = Payments on long-term liabilities - Dividend payments
= $107,500 - $26,500
= $81,000
Calculate the net increase (decrease) in cash:
Finally, calculate the net increase (or decrease) in cash by adding the net cash provided by operating activities, net cash used in investing activities, and net cash provided by (or used in) financing activities. For Plasma Screens Corporation, the net increase in cash is calculated as follows:
Net increase in cash = Net cash provided by operating activities + Net cash used in investing activities + Net cash provided by (used in) financing activities
= $229,000 + ($117,000) + $81,000
= $193,000
Determine the ending cash balance:
To determine the ending cash balance, add the net increase in cash to the beginning cash balance. For Plasma Screens Corporation, the ending cash balance is calculated as follows:
Ending cash balance = Beginning cash balance + Net increase in cash
= $128,400 + $193,000
= $321,400
Using this information, we can create the statement of cash flow for Plasma Screens Corporation using the indirect method as follows:
PLASMA SCREENS CORPORATION
Statement of Cash Flows
For the Year Ended December 31, 2021
Using the Indirect Method
Net cash provided by operating activities:
Net income $72,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation expense 157,000
Net cash provided by operating activities $229,000
Net cash used in investing activities:
Purchases of long-term assets ($117,000)
Net cash used in investing activities ($117,000)
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