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user100
3 days ago
10

Select the type of business that is most likely to obtain large amounts of resources by issuing stock. a. government entity b. p

artnership c. proprietorship d. corporation
Business
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Selected information from Rockway, Inc.'s U.S. GAAP financial statements for the year ended December 31, included the following
harina [3808]
Cash flow from operating activities amounts to 3,800,000. Explanation: Cash generated from sales is (A) 21,000,000. Cash expenses to suppliers (B) total (15,200,000). Interest paid is (1,000,000), and income taxes paid also amount to (1,000,000). Thus, cash flow from operational activities equals 3,800,000. (A) reflects sales and accounts receivable totaling 3,000,000 + 21,000,000 - 2,500,000, resulting in 21,500,000. (B) involves computations for purchases based on COGS and inventory assessments: purchases arrive at 15,000,000 + 3,000,000 - 2,400,000 equating to 15,600,000. Therefore, we solve for suppliers' payments, yielding 1,000,000 + 15,600,000 - 1,400,000 = 15,200,000.
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2 months ago
The yoga class meets twice a week.
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Ratios can be expressed as fractions:
1:6 can be written as 1/6
2:11 can be represented as 2/11
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