fidelity systems reports net income of $80 million. included in that number is depreciation expense of $10 million, and a gain on the sale of equipment of $1 million. records reveal increases in accounts receivable, inventory, and accounts payable of $4 million, $3 million, and $3 million, respectively. calculate fidelity's net cash flows from operating activities using the indirect method.

Answers

Answer 1

Fidelity Systems has net cash flows from operating activities of $85 million using the indirect method.

How to determine the net cash flow

Fidelity Systems reported a net income of $80 million, which is the starting point for calculating net cash flows from operating activities using the indirect method.

To adjust for non-cash transactions, we need to add back depreciation expense of $10 million and subtract the gain on the sale of equipment of $1 million.

Next, we consider changes in working capital. Increases in accounts receivable and inventory reduce cash flows, so we subtract the respective amounts of $4 million and $3 million.

On the other hand, an increase in accounts payable adds to cash flows, so we add $3 million.

Now let's put it all together:

Net cash flows from operating activities = Net income + Depreciation expense - Gain on sale of equipment - Increase in accounts receivable - Increase in inventory + Increase in accounts payable

Net cash flows from operating activities = $80 million + $10 million - $1 million - $4 million - $3 million + $3 million

Net cash flows from operating activities = $85 million

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Related Questions

What is the best thing that you can do for your financial future?

Answers

Some of the best things you can do for your financial future include creating a budget, saving and investing regularly, managing debt, building an emergency fund, educating yourself about personal finance, and planning for retirement.

There are many things that you can do to improve your financial future, but some of the best things include:

Creating a budget: Having a budget in place can help you manage your money more effectively, and ensure that you are saving enough for your future goals.Saving and investing regularly: Saving and investing a portion of your income regularly can help you build wealth over time.Managing debt: Paying off high-interest debt as soon as possible and avoiding taking on more debt can help you improve your overall financial position.Building an emergency fund: Having an emergency fund can provide a financial safety net in case of unexpected expenses or loss of income.Educating yourself about personal finance: Understanding the basics of personal finance, such as how to invest, how to budget, and how to manage debt, can help you make informed decisions about your money.Planning for retirement: Planning for your retirement by starting to save early, choosing the right type of retirement account, and seeking professional advice if needed.

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According to the video, what are the goals of window displays? check all that apply.

to catch the eye

to learn about the customers

to make merchandise look irresistible

o to make salespeople feel glamorous

Answers

Answer:

a and c

Explanation:

Answer:

its a and c

Explanation:

i got it right

explain the correlation between human capital education and income and how will this influence your career choice

Answers

lett mee gooogle thatt

Many businesses optimize their website to incorporate a ______ with simplified navigation to accommodate smartphones and tablets.

Answers

Many businesses optimize their website to incorporate a mobile-first strategy with simplified navigation to accommodate smartphones and tablets.

What is the importance of the "mobile first" strategy?

The "mobile first" principle, in other words, plays a significant role in product design. On the one hand, it increases designers' efficiency and helps to shorten the product design process. On the other hand, it makes product content a more important consideration for designers, which helps them produce clean and useful designs.

What does a "mobile first" strategy mean?

A "mobile-first" strategy entails designing a desktop site first for mobile, and then adapting it for larger screens. Instead of starting with a desktop site and then adapting it for smaller screens, as is the norm.

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Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,500 of its accounts receivable from Leer Company. March 29 Leer Company unexpectedly pays its account in full to Dexter Company. Dexter records its recovery of this bad debt.

Required:
Prepare journal entries to record the above transactions.

Answers

Answer:

Check pic* it’s not an answer but it is a reference

Explanation:

Dexter Company uses the direct write-off method. March 11 Dexter determines that it cannot collect $8,500

HELP!!!
A fashion boutique manager is responsible for doing the annual books for the
shop. The boutique has managed to bring in $100,000 in revenue this year,
and their expenses for the year total $25,000. What profit did the boutique
make for the year?
O A. $40,000
O B. $25,000
O c. $75,000
D. $100,000

Answers

The answer is C. 75,000

Explained: 100,000(total)-25,000(expenses)

You were 50 days late in paying your credit card bill. How many years will this mistake stay on your credit​ history?.

Answers

If a person is 50 days late in in paying his/her credit card bills in that case, this mistake will be staying in credit card history for 7 years from the date of delinquency.

A credit card is a type of payment card that is issued to customers (cardholders) to allow them to reimburse a retailer for products and services according to the amount of debt they have incurred. The credit card issuer (often a bank or credit union) establishes a revolving account and offers the cardholders with a credit line from which they can draw funds to pay for transactions or receive a cash advance. 

Seven years following the initial date of the default, missed payments continue to appear on your credit card history. Although if you pay previous debts, the late payment will not be removed from your credit record for 7 years.

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Making Decisions It is Friday, Homecoming, and the big game with a rival school is tonight. You have an after-school job, and you have been saving for the big event for the past month. BUT, you had to purchase two new tires for your car; and now you only have $40 to spend. You need to get gas, pay to get into the game, and you had planned to take your date out to eat after the game before you go the Homecoming dance. Answer each question in complete sentences using proper grammar and punctuation: 1. Do you have enough money to do all that you had planned? 2. If gas costs $3.00 per gallon, what factors will determine how much gas you purchase? 3. We will assume that you and your date will get into the game for free since you are students. Will you have enough to take your date to dinner after the game, once you purchase gas for your car? 4. Would you be better off to cancel the whole night's plans? Justify your answer...tell why you made your choice.​

Answers

Answer:

1. No

2.If you are on a budget it depends if you want to purchase $50 or another amount, while if you want to fill up the gas tank it depends on the cars' capacity. Some cars can take up to 11 gallons of gas, so if wanting to fill up the tank you would need to spend $33.

3. no because i will have 6 dollars left.

4. yes and chill at home with my date, im  sure he/she will understand unless they will help pay for it or ask parents.

JUSTIFYING ANSWER= i choose to be this way because first off i would save my money once i even found about homecoming.

Explanation:

explain the working mechanism of syringe with clear diagram​

Answers

Pressure is used to operate a syringe. It is usually fitted with a hypodermic needle, nozzle, or tubing to help direct the flow into and out of the barrel. Plastic and disposable syringes are often used to administer medications.

explain the working mechanism of syringe with clear diagram

Pressure is used to operate a syringe. It is usually fitted with a hypodermic needle, nozzle, or tubing to help direct the flow into and out of the barrel.

What is a syringe?

A syringe is a simple reciprocating pump that consists of a plunger that fits snugly inside a cylindrical tube known as a barrel. The plunger can be pulled and pushed along the inside of the tube, allowing the syringe to take in and expel liquid or gas through a discharge orifice at the tube's front end.

A syringe is a type of pump that consists of a sliding plunger that fits tightly inside a tube. Pulling and pushing the plunger inside the precise cylindrical tube, or barrel, allows the syringe to draw in or expel a liquid or gas through an orifice at the open end of the tube. Medication is frequently administered using plastic and disposable syringes.

Therefore, the working mechanism of syringe is explained with clear diagram.

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explain the working mechanism of syringe with clear diagram

A company that is organized by function will group its employees into teams based on what?

Answers

This organisational structure divides workers into functional areas according to their areas of competence. These functional categories frequently correspond to phases of the value chain like operations, R&D, and marketing and sales.

What is meant by organisational structure?The way tasks are assigned, coordinated, and managed in order to achieve organisational goals is determined by the organisational structure. The foundation upon which standard operating procedures and routines are built is provided by organisational structure, which influences organisational action. Functional, multi-divisional, flat, and matrix organisational structures are the four different types.An organisational structure is a framework for managing specific tasks in order to accomplish a strategic goal. All of these activities have guidelines, expectations, and roles.An organization's structure serves as a tool for its members to carry out their duties in an effective and timely manner as well as for the organisation as a whole to achieve its goals and objectives. In addition to assigning employees their specific work duties and responsibilities, an organisational structure aids management in coordinating and managing operations.

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Y Corporation's password protection policy requires all employees to change their passwords every week. Because of this requirement, technical support spent a significant amount of time solving password problems for employees who forgot their passwords. To increase efficiency, the CEO of Y Corporation canceled the policy and subsequently required employees to change their passwords once a year
a. collusion
b. management override
c. external events beyond an organization's control
d. unsuitable objectives for internal control
e. human error
f. cost v. benefit

Answers

C is the best answer! goodluck


Type the correct answer in the box.
Identify the marketing research technique implied in the scenario.
A toothpaste manufacturing company has created a new ad for their product to air on television. After the ad airs, bcthey intend to show the ad to a certain
number of customers and then ask them for their feedback regarding the ad. This company is engaging in the _____________
market research technique.

Answers

The company is engaging in Customer behavior marketing research techniques.

Consumer Behavior

Consumer behavior refers to the study of consumers and the actions and the decision processes they use to purchase goods and services to satisfy their needs and wants, including emotional, mental, and behavioral responses

Types of

Complex buying behaviorDissonance-reducing buying behaviorHabitual buying behaviorVariety seeking behavior

Hence, The company is engaging in Customer behavior marketing research techniques.

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describe the color white to a blind person

Answers

The color white it’s a color that starts every other color that you know

What term describes an internet-inspired mechanism for raising money or sponsorship from members of the public for a small project or business venture?.

Answers

Crowdfunding is the technique of supporting a project or business endeavor by soliciting contributions from many individuals, generally online.

What is Crowdfunding ?

Crowdfunding is the technique of supporting a project or business endeavor by soliciting contributions from many individuals, generally online. Crowdfunding is a type of alternative financing and crowdsourcing. Over US$34 billion was raised through crowdfunding globally in 2015.

The word "crowdfunding" alludes to internet-mediated registrations, even if such ideas may also be implemented through mail-order subscriptions, benefit events, and other techniques. This contemporary crowdfunding approach often relies on three different sorts of actors: the project initiator who suggests the concept or project to be financed, people or groups that support the proposal, and a regulating organization (the "platform").

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The owner of a chicken processing plant makes $1,000,000 per year from his chicken processing plant, and $1,000,000 per year from other sources. He notices that a total of $30,000 worth of chickens per year are being taken home by his 100 employees to supplement their minimum wage living standards (this works out to less than $6 per week per employee). These chickens are being taken out through the fire safety doors, so the owner is considering blocking the doors permanently. This is against the law because any reasonable person knows that sealing fire doors kills people in the event of a fire. The probability of a fire is 0.01 per year (one percent per year). If a fire breaks out it will be discovered that the owner sealed the safety doors, and the owner will have to pay $F = 700, 000 worth of fines and legal fees. The owner's von NeumannMorgenstern utility function is u(x) = √x where x is the owner's income in a given year. The owner cares only about x.

Answers

Answer:

1. 1,403.567

2. 1,411.473

3. Algebraic expression 0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05

4. 1,877,600

5. 1411.761

Explanation:

1. Computation for the owner’s expected utility if he leaves the fire doors unsealed.

First step is to calculate the Owner's income if he leaves the doors unsealed

Owner's income if he leaves the doors unsealed=1,000,000 +1,000,000-30,000

Owner's income if he leaves the doors unsealed=1,970,000

Now let determine the expected utility if he leaves the doors unsealed

Expected utility=1,970,000^0.5

Expected utility=1,403.567

Therefore the expected utility if he leaves the doors unsealed will be 1,403.567

2. Calculation to determine the owner’s expected utility if he permanently seals the doors

First step is to calculate the The Owner's expected income if he seals the door

Owner's expected income if he seals the door=1,000,000 +1,000,000-700,000*0.01

Owner's expected income if he seals the door= 1,993,000

Now let calculate the Expected utility if he leaves the doors sealed

Expected utility if he leaves the doors sealed= 0.99*2,000,000^0.5+0.01*1,300,000^0.05

Expected utility if he leaves the doors sealed=1,411.473

Therefore The Expected utility if he leaves the doors sealed is 1,411.473

3. Calculation to determine the algebraic expression for the owner’s expected utility as a function

First step is to calculate the The owner's expected income with a fine F

Owner's expected income with a fine F= 1,000,000 +1,000,000-F*0.01

Owner's expected income with a fine F = 2,000,000-0.01F

Now let determine The algebraic expression for the owner's expected utility if he seals the door with a fine F

Algebraic expression= 0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05

Therefore The Algebraic expression is 0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05

4. Calculation to solve for the minimal fines and legal fees that will make the owner decide not to seal the doors using the expression from the previous problem and the owner’s expected utility if he leaves the fire doors unsealed

Based on the information given the owner may decide that he won't seal the door In a situation where the expected utility from sealing is as well equal to the expected utility from not sealing the door which was Calculated as:

0.99*2,000,000^0.5+0.01*(2,000,000-F)^0.05=1403.567

Now let calculate Fines and legal fees

Fines and legal fees=(2,000,000-F)^0.05=100(3.49857)= 349.857

Fines and legal fees=2,000,000-349.857^2=1,877,600

Therefore based on the above calculation in a situation were the Fines as well as the legal fees are equal to or higher than F=1,877,600 which means that the owner may decide not to seal the doors.

5. Calculation to Find the C that gives the plant owner complete coverage

First step is to calculate the owner expected utility will in a situation were the owner contributes $C to state politicians

Expected utility= 0.99*(2,000,000-C)^0.5+0.01*(1,300,000+100C)^0.05

Second step is to calculate the The plant owner complete coverage when 100C=700,000

Plant owner complete coverage=700,000/100

C=7000

Third step is to calculate what the owner will likely make this contribution if the expected utility is:

0.99*(2,000,000-C)^0.5+0.01*(1,300,000+100C)^0.05 is greater than 0.99*2,000,000^0.5+0.01*1,300,000^0.05

=1411.473

Hence,

0.99*(1,993,000)^0.5+0.01*(2,000,000)^0.05= 1411.761

Therefore the owner expected utility in a situation were the owner contributes $C to state politicians is 1411.761

This is for my class in finance
What is one way to minimize the impact of unplanned spending on a budget?
I will mark brainliest !!!

Answers

Answer:

1. Work with credit card companies. ...

2. Sell your stuff. ...

3. Earn extra income. ...

4. Take on a short-term money loan. ...

5. Re-budget to live below your means. ...

6. Ask for a paycheck advance. ...

7. Make sure you're prepared for next time.

Mario spent a total of $87. 33 last week, but did not keep a perfect record of where his money went. Fortunately, Mario does have all but one of his receipts. He enters all of the information he has into his expense spreadsheet as shown below. A 2-column table with 5 rows. Column 1 is labeled transaction with entries Oil change, gas in car, lunch out, golfing, total spent. Column 2 is labeled amount with entries 18 dollars and 95 cents, 20 dollars and 50 cents, 12 dollars and 68 cents, blank, 87 dollars and 33 cents. How much did Mario spend on golfing? a. $35. 20 b. $45. 20 c. $47. 88 d. $143. 96 Please select the best answer from the choices provided A B C D.

Answers

it is option A

giv me points

Shaili bought a bond from Penny’s Pickles, Inc at par value ($1000) with a coupon rate of 6% and a maturity date 10 years in the future...

If interest rates are currently 3.5%, and Shaili sold the bond today, would she expect to get more than, less than, or equal to $1000 for it?

Answers

Answer:

I believe its less than.

Explanation:

Sorry if I am wrong

Do you think percentage gains
would get more varied or less
varied if you added additional
mutual funds to your portfolio?

Answers

I think more varied if you added additional mutual funds you would have a more diverse portfolio.

What information does a lead contain in a news story?

What information does a lead contain in a news story?

Answers

Answer:

1st one

Explanation:

It would be answer A

If the risk-free rate is 2.2 percent, the inflation rate is 1.9 percent, and the market rate of return is 6.8 percent, what is the amount of the risk premium on a u.s. treasury bill? multiple choice 0% 2.8% .5% 1.7% 4.3%

Answers

In this case, the risk-free rate is 2.2 percent and the market rate of return is 6.8 percent. The risk premium is therefore 4.3 percent. The risk premium on a US Treasury bill is the difference between the market rate of return and the risk-free rate.

This means that investors are willing to accept a higher yield on a US Treasury bill to compensate them for taking on the risk associated with investing in the market. The risk premium is calculated by subtracting the risk-free rate from the market rate of return, which in this case is 6.8 percent - 2.2 percent = 4.3 percent. This means that if an investor wants to buy a US Treasury bill, they will have to accept a yield of 6.8 percent, which is 4.3 percent higher than the risk-free rate of 2.2 percent.

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an investor is close to retirement and wants a short-term, low-risky investment with low liquidity. which investment meets these requirements?

Answers

The investment that meets these requirement is : Treasury bills

What are Treasury Bills ?

A low risky investment with low liquidity and can be held for a short term is Treasury bills are one of the safest investments that can held for a short period ( A few days to 52 weeks ),They are better investment opportunities for investors close to their retirement.

Treasury bills have low returns on investment when compared to other investments.

Hence we can conclude that The investment that meets these requirement is : Treasury bills

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Who is Adam Smith and what is his belief about prices? Do you agree or disagree? Why?

Answers

Answer:

Adam smith is Abigail Smiths husband

Explanation:

They have been married for centies

Assume that a company’s planning budget is based on 2,000 units and it actually produced and sold 2,500 units. Its planning budget is based on the assumption that 60% of its administrative expenses are fixed and the remainder is variable. If the planning budget includes $12,000 of fixed administrative expenses and the company’s actual total administrative expense for the period is $19,000, then what is the amount of the administrative expense spending variance?
Multiple Choice
$3,000 favorable
$2,000 unfavorable
$5,000 unfavorable
$5,000 favorable

Answers

First, we need to determine the expected amount of variable administrative expenses based on the planning budget: the correct answer is $3,000 unfavorable. So the correct option is A.

Fixed administrative expenses = $12,000

Variable administrative expenses = 40% x Total administrative expenses = 40% x ($12,000 + Variable expenses)

Simplifying, we get: Variable administrative expenses = 0.4 x ($12,000 + Variable expenses)

Solving for Variable administrative expenses, we get: Variable administrative expenses = $8,000

Next, we can calculate the flexible budget for administrative expenses based on the actual level of production (2,500 units):

Fixed administrative expenses = $12,000

Variable administrative expenses = ($8,000 / 2,000 units) x 2,500 units = $10,000

Total administrative expenses = $12,000 + $10,000 = $22,000

Finally, we can calculate the administrative expense spending variance as the difference between the actual and flexible budget amounts:

Administrative expense spending variance = Actual administrative expenses - Flexible budget administrative expenses

Administrative expense spending variance = $19,000 - $22,000

Administrative expense spending variance = -$3,000 (unfavorable)

Therefore, the correct answer is $3,000 unfavorable.

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Walter is in dire need of $482. Out of other alternatives, he decides to take a cash advance on his credit card. His credit card has a cash advance fee of 3.4%. How much is his advance fee?

Answers

Walter needs $482 in urgent, and his credit card has a cash advance fee of 3.4%. Hence, his advance fees would be 3.4% of $482 which is $16.39.

What does place when you obtain a cash advance?

A cash advance is a loan that your credit card company provides. When you obtain a cash advance, you are borrowing funds from the available credit on your credit card. This loan must be repaid, and the amount transferred cannot be greater than the balance that is currently available on your credit card.

What dangers exist with cash advances?

When you take out a cash advance, especially one for a sizable sum, your utilization rate may rise, which could lower your credit score. One of the risks of credit card cash advances is a lower credit score. Cash advance grace periods do not exist.

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Mark's Baseballs produces baseballs. Mark's Baseballs has total fixed costs of $500. Mark's average variable cost is $20, and his average total cost is $25. Mark is currently producing how many baseballs

Answers

Mark is currently producing 100 baseballs. In this case, the average total cost curve reaches its minimum point at 100 baseballs.

The average total cost of production is $25. This means that for every baseball produced, Mark is incurring $25 in total costs. The average variable cost is $20, which means that the $5 difference between the average total cost and the average variable cost is due to the fixed costs of production.

If we divide the fixed costs of production ($500) by the difference between the average total cost and the average variable cost ($5), we get 100 baseballs. This is the number of baseballs that Mark must produce in order to cover his fixed costs.

In other words, if Mark produces less than 100 baseballs, he will be making a loss. If he produces more than 100 baseballs, he will be making a profit.

The average total cost curve is U-shaped. This means that the average cost of production decreases as the number of baseballs produced increases, up to a point. After that point, the average cost of production starts to increase again.

The reason for this is that the fixed costs of production are spread out over a larger number of baseballs, which lowers the average cost per baseball. However, at some point, the marginal costs of production start to increase, which causes the average cost of production to increase as well.

In the case of Mark's Baseballs, the average total cost curve reaches its minimum point at 100 baseballs. This means that Mark is currently producing at the most efficient level of production.

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Transatlantic air travel in business class has an estimated elasticity of demand of 0.62, while transatlantic air travel in economy class has an estimated price elasticity of 0.12. Why do you think this is the case?

Answers

The reason that the elasticity of demand is 0.62 for business and 0.12 for economy is because the economy class is more elastic than that of the business.

When the flight ticket of those flying business class is raised, they would not be affected much because they are rich and can afford it. They do not care much about the raise in price.

For the average flyer using the economy flight, raising the price of the ticket would affect him and he may end up reducing his demand for it.

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Question #3
Multiple Select
The main types of markets are called
consumer
O industrial
customer
Oresidential
Question #4
Multiple Choice

Answers

The two most important types of marketplaces are consumer and business markets. There are also institutional markets, government markets, and global markets.

What other kind of markets are there?

In a market where buyers and sellers may meet, there can be an exchange of commodities and services. Markets include both actual physical markets and digital ones, such those found online. There are additional examples, such as the stock market, gray market, and auction market.

Although it can be complicated, marketing is primarily driven by four variables: product, price, promotion, and place. These are the fundamental concepts around which everything else is built, and they apply regardless of how tactics and distribution methods evolve. The seven P's or another form of these core concepts are sometimes included.

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Which settings would convert the information below into the table below?
Type of Animal Number of Children's Favorite
Whale-12
Tiger → 3
Lion 4
Elephant 6
Monkey 8
Giraffe 2

Which settings would convert the information below into the table below?Type of Animal Number of Children's

Answers

The  settings that would convert the information given above is autofill to content.

What is autofill to content?

Autofill to content refers to a feature in some software applications that automatically fills in or completes a form or field based on previously entered information or data. The goal of autofill to content is to save time and effort by automatically entering information that is likely to be the same for each new form or field.

For example, autofill to content can be used to automatically enter a user's name, address, phone number, and other contact information in a web form. When the user begins typing the first letter of their name or address, the software will suggest the rest of the information based on previous entries, allowing the user to select the correct information from a drop-down list and then automatically fill in the remaining fields.

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Which of the following is not a business-to-business (B2B) market.

A. Raw Materials
B. Process materials
C. Major equipment
D. Shopping Goods

Answers

Answer:

I don't know the exact answer but I guess it will be option (B) process materials

Other Questions
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