Ask Question, Ask an Expert

+1-415-315-9853

info@mywordsolution.com

Ask Basic Finance Expert

A house painting business had revenues of $16,500 and expenses of $9,500. There were no depreciation expenses. However, the business reported the following changes in working capital:

Beginning End

Accounts receivable $1,700 $5,000

Accounts payable 800 350

find out net cash flow for the business for this period.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M938344

Have any Question? 


Related Questions in Basic Finance

What is the purpose of a performance attribution model in

What is the purpose of a performance attribution model? In terms of the price-to-book (P/B) ratio, why are value stocks generally considered those with low P/B ratios? Comment on the following statements: a. "All one nee ...

Before entering graduate school a student estimated the

Before entering graduate school, a student estimated the value of earning an MBA at $300,000. Based on that analysis, the student decided to go back to school. After completing the fi rst year, the student ran the NPV ca ...

Emphasize receiver benefits-revise the following sentences

Emphasize receiver benefits:- Revise the following sentences to emphasize receiver benefits. a. We have been in the business of repairing sewing machines for more than 40 years. b. We need donations so that we can expand ...

Ethics and financethe sarbanes-oxley act of 2002 sox was

Ethics and Finance The Sarbanes-Oxley Act of 2002 (SOX) was passed as the result of the Enron scandal and other instances of accounting fraud. This act was passed to strengthen the role of the Securities and Exchange Com ...

1 what is the name of the statistic used in an anova2 if

1. What is the name of the statistic used in an ANOVA? 2. If the independent variable has no effect, the calculated value of F will be around 1.00. Why?

What is the sum of the cash flows from operating activities

What is the sum of the cash flows from operating activities, financing activities, and investing activities? What does it mean that the financial statements are prepared based on historical cost? Where can an investor fi ...

1 does rpm actually create a shortest path tree explain

1. Does RPM actually create a shortest path tree? Explain. What are the leaves of the tree? 2. List three steps that a DVMRP router uses to create a source-based tree. Which phase is responsible for creating the part of ...

Explain how a short call added to a protective put forms a

Explain how a short call added to a protective put forms a collar and how it changes the payoff and up-front cost? Explain the process by which the profit of a short straddle closed out prior to expiration is influenced ...

1 contact your state national guard office find out what

1. Contact your state National Guard office. Find out what kinds of resources they can offer to assist local communities in the event of a disaster and what kind of training and exercises they conduct to prepare their me ...

Surmec inc has sales of 21 million last year the companys

Surmec, Inc. has sales of $2.1 million last year. The company's primary business line is manufacturing of nuts and bolts. Since this is a mature industry, the analysts are certain that the sales will grow at a steady rat ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Section onea in an atwood machine suppose two objects of

SECTION ONE (a) In an Atwood Machine, suppose two objects of unequal mass are hung vertically over a frictionless

Part 1you work in hr for a company that operates a factory

Part 1: You work in HR for a company that operates a factory manufacturing fiberglass. There are several hundred empl

Details on advanced accounting paperthis paper is intended

DETAILS ON ADVANCED ACCOUNTING PAPER This paper is intended for students to apply the theoretical knowledge around ac

Create a provider database and related reports and queries

Create a provider database and related reports and queries to capture contact information for potential PC component pro

Describe what you learned about the impact of economic

Describe what you learned about the impact of economic, social, and demographic trends affecting the US labor environmen