nikojokic, inc. balance sheets for the years ending december 31, (all amounts are in dollars) year 1 cash 38,200 accounts receivable 61,120 inventory 397,280 year 2 32,880 41,100 468,540 542,520 419,220 (139,740) 279,480 822,000 82,200 156,180 24,660 263,040 57,540 41,100 254,820 205,500 822,000 total current assets gross fixed assets* (accumulated depreciation) net fixed assets total assets notes payable accounts payable accruals total current liabilities long-term debt common stock capital surplus retained earnings total liabilities and equity 496,600 382,000 (114,600) 267,400 764,000 61,120 137,520 15,280 213,920 106,960 22,920 229,200 191,000 764,000 additional data from company income statement(s): sales in year 2 1,644,000 net income in year 2 32,880 * no long-term assets were sold in either year 1 or year 2 26. what did nikojokic, inc. report as net cash flow from operating activities for year 2? 27. what did nikojokic, inc. report as net cash flow from investing activities for year 2? 28. what did nikojokic, inc. report as net cash flow from financing activities for year 2?
Answers
Net cash flow is a profitability indicator that shows how much money a company made or lost during a specific time period.
What is a Balance Sheet?A balance sheet is a summary of the financial positions of a person or an organization in financial accounting, regardless of whether they are a sole proprietorship, a business partnership, a corporation, a private limited company, or another type of organization like the government or a not-for-profit entity.
The difference between the cash inflows and outflows of your company may often be used to calculate net cash flow.
The images show the net cash flows for Nikojokic Inc
Read more about balance sheet here:
https://brainly.com/question/1113933
#SPJ1
Related Questions
How education is medium to enhance the ability of human beings?
Answers
The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.
Read this excerpt describing the mission of the World Bank.
The World Bank is a vital source of financial and technical assistance to developing countries around the world. It is not a bank in the common sense. Instead, it plays a different but supportive role in its mission of global poverty reduction and the improvement of living standards.
It provides low-interest loans, interest-free credit, and grants to developing countries for education, health, infrastructure, communications, and many other purposes.
According to this excerpt, what is one major way in which the World Bank differs from a regular bank?
The World Bank is a source of financial assistance.
The World Bank aims to improve living standards.
The World Bank provides low-interest loans and credit.
The World Bank serves people of different income levels.
Answers
Answer:
The World Bank is a source of financial assistance.
Explanation:
The World Bank serves people of different income levels but regular banks do that.
The World Bank aims to improve living standards, no because it is more for hep developing countries.
The World Bank provides low-interest loans and credit but there is a better answer.
The World Bank is a source of financial assistance because it help developing countries and has easier loans and credit
The World Bank aims to improve living standards.
What is the role of the World Bank in globalization?The WBG supports developing countries through the development of trade policy to deepen their integration into regional and global economies and increase trade performance while facilitating trade through streamlined border management and more efficient logistics
What are the important global roles that World Bank plays?The World Bank concentrates on long-term investment projects, institution-building, and on social, environmental, and poverty issues. The IMF focuses on the functioning of the international monetary system, and on promoting sound macroeconomic policies as a precondition for sustained economic growth.
Learn more about the World Bank here https://brainly.com/question/9882243
#SPJ2
What are the four parts of the SWOT analysis?
Answers
Answer:
Strengths, Weaknesses, Opportunities, and Threats
Explanation:
Answer:
Strengths, Weaknesses, Opportunities, Threats. AKA. SWOT.
Explanation:
A SWOT analysis is a technique for assessing these four aspects of your business.
grace and nancy are starting a new business. they are concerned about liability. they would like to have flow-through taxation. they will own the company 50/50 but want to allocate the profits 60/40. which of the following entities would best suit their needs? a. an llc. b. an s corporation. c. a c corporation. d. a partnership.
Answers
Grace and Nancy's concern about liability and preference for flow-through taxation with unequal profit allocation suggests that forming a Limited Liability Company (LLC) would best suit their needs.
LLCs offer liability protection similar to corporations but have flow-through taxation, where profits and losses are reported on the owners' personal tax returns.
Additionally, LLCs allow for flexible allocation of profits among members, which would accommodate their desired 60/40 split. S corporations are also flow-through entities, but they have restrictions on the number and type of shareholders and profit allocation.
C corporations have separate taxation and do not have flow-through taxation. Partnerships also have flow-through taxation but do not offer the same level of liability protection as LLCs.
Thus, an LLC would be the most suitable entity for Grace and Nancy's needs.
To know more about new business. please visit....
brainly.com/question/20160979
#SPJ11
All of the following are true of Section II of the Businessowners Coverage Form, except: A Bodily injury coverage does not apply to rendering or failure to render professional services B Includes the cost of defending the insured C A personal injury loss must be committed in the coverage territory during the policy period D Business liability coverage applies to damage to an insured's property or work
Answers
All of the following are true of Section II of the Businessowners Coverage Form, except Business liability coverage applies to damage to an insured's property or work. The correct option is D. coverage that safeguards an organization against claims for bodily injury, property damage, or personal injury resulting from the insured's actions or inactions, up to the policy limits.
What does a business owner's policy cover?A business owner's policy, also known as a BOP, offers financial protection to small business owners in the event that their operations are abruptly halted due to a covered loss. This policy safeguards your inventory, buildings, and equipment.
Buildings are commonly included in the properties covered by a BOP. Additionally, the BOP will cover any property owned by the business or by a third party temporarily kept in the company or business owner's care, custody, or control.
Thus, the ideal selection is option D.
Learn more about business owner's policies here:
https://brainly.com/question/29243967
#SPJ5
The coursework taken at a _____ is focused on specific career skills and trades and does not generally require further academic studies.
vocational school
private school
university
college
Answers
Answer:
Vocational school
Explanation:
Edge 2021
Now, read a final article about the ita’s goal of creating fair trade. based on what you have learned, why does the ita believe that fair trade is important to us businesses and to the world?
Answers
Answer:
The ITA believes that fair-trade policies allow countries to import and export freely, allowing consumers to save money. It will also create economic opportunities that will help to improve economies in other countries, which could contribute to solving global issues like poverty. To meet these goals, the ITA believes that trade barriers need to be eliminated.
Explanation:
The ITA believes that fair-trade is important to us for the business because that policies allow countries to transport freely and to remove or the various economic problems.
What is ITA?The full call of ITA is the Industry Training Authority. It is fully owned or governed by the Italian Government through the Ministry of Finance and the Economy.
It will also make economic possibilities that will support to amend economies in another countries.
This type of support could modify to understanding global contents or issues like poverty.
To encounter these destinations or goals, the ITA accepts that trade barriers need to be destructed with the intention of creating the fair trade.
Therefore, the aim of ITA to solve many problems of the economy.
Learn more about ITA, refer to:
https://brainly.com/question/1311466
List 5 common sections that are included in a résumé.
Answers
Answer: Contact Information
Accomplishments/Achievements
Education
Work Experience
Career Narrative
Explanation:
Answer:
Contact Information
Accomplishments/Achievements
Education
Work Experience
Career Narrative
Explanation:
long-term investigations typically focus on criminal enterprises. is the previous answer true or false?
Answers
It is true that long-term investigations typically focus on criminal enterprises.
Long-term investigations are typically focused on criminal enterprises, which are organizations or groups involved in ongoing criminal activity. These investigations are often complex and require extensive resources, including the use of specialized investigative techniques, to gather evidence and build a case against the enterprise and its members. The goal of these investigations is to dismantle the enterprise and disrupt its criminal activities.
Long-term investigations typically focus on criminal enterprises, which can involve complex and organized criminal activities such as drug trafficking, money laundering, and organized fraud. These investigations can take months or even years to complete, and often involve multiple agencies and jurisdictions working together to gather evidence and build a case against the individuals or groups involved in the criminal enterprise. The goal of these investigations is to dismantle the criminal enterprise and bring those responsible to justice, rather than simply addressing individual criminal acts.
To know more about long-term investigations, visit:
brainly.com/question/31358966
#SPJ11
The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash during the next year for property, plant, and equipment is the ____________________ section. A. Management's Discussion and Analysis of Financial Condition and Results of Operations B. Business Overview C. Financial Statements D. Notes to Financial Statements
Answers
The section of the annual report that is of interest to investors and gives information on how a company is planning to spend its cash is the Management's Discussion and Analysis of Financial Condition and Results of Operations.
What do you mean by an investor?An investor refers to any person or entity that invests capital with the expectation of receiving financial returns in the future.
Management Discussion and Analysis refers to a section of a company's annual report where the company's performance has been analyzed with qualitative and quantitative measures.
Management discussion and analysis is an important source of information for analysts and investors who want to check the company's financial performance.
Therefore, A is the correct option.
Learn more about Investor here:
https://brainly.com/question/14283683
#SPJ1
The Consumer Price Index is a way that the U.S. government measures ____.
Answers
Answer:
prices of all goods and services bought by US households
Explanation:
The bid-ask spread in a dealer market represents the profit that a dealer would make on a transaction involving a security. Which of the following statements best describes the bid-ask spread?
A) The sum of the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it.
B) The difference between the closing price of the security and the opening price of the security on the day of the transaction
C) The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it
Answers
Answer:
C) The difference between the price at which a dealer is willing to buy a security and the price at which a dealer is willing to sell it
Explanation:
The bid price refers to a price that should be high for an investor to pay for per share
While on the other hand, the ask price refers to a price that should be low i.e. the seller accept at that price
And, the difference between the two is known as the spread
So here the bid ask spread satisfied the C option as it is fits to the given situation
Hence, the correct option is C.
With which of the following is the concept of Marginal Cost closely related?(a) Variable Cost(b) Fixed Cost(c) Opportunity cost(d) Economic Cost
Answers
(B) Variable Cost is the concept of marginal cost closely related.
What does variable cost mean?Variable costs are expenses that change depending on how much a company produces or sells. Variable costs fluctuate with production changes; they depend on an organization's sales volume, which might rise or fall.
Variable costs include, for example, the price of raw materials and packaging for a manufacturing company, the price of credit card transaction fees, and shipping for a retail business.
Depending on how well the firm is doing, these charges change. A variable cost can be defined as an alternative to a fixed cost. All of a business's expenses are made up of variable and fixed costs. Variable costs are connected with production output or sales.
Learn more about variable Costs with the help of the given link:
brainly.com/question/29306232
#SPJ4
What are some good colleges in New Orleans that arent expensive??
Answers
Answer:
southern university, Dillard university, university of new orleans
On a net basis, funds in the financial markets are generally supplied by
A) individuals.
B) both individuals and business firms.
C) business firms.
D) the government.
Answers
The correct option is B) both individuals and business firms. On a net basis, funds in the financial markets are generally supplied by B) both individuals and business firms.
The financial markets serve as a platform where individuals and businesses can participate in various activities related to borrowing, lending, investing, and raising capital. In this context, funds flow into the financial markets from both individuals and business firms.
Individuals contribute to the financial markets by saving their money and investing it in various financial instruments such as stocks, bonds, mutual funds, and bank deposits. They may also participate indirectly through pension funds, insurance companies, or other financial intermediaries that manage their investments on their behalf.
Business firms, on the other hand, supply funds to the financial markets through various channels. They may issue stocks or bonds to raise capital for expansion or investment in new projects. They may also deposit excess cash in banks or invest in short-term money market instruments to earn a return on their idle funds.
While individuals and business firms play a significant role in supplying funds to the financial markets, it's important to note that the government (option D) also has a role in the overall functioning of the financial system. Governments can influence the supply of funds through policies such as monetary policy, fiscal policy, and regulations that impact interest rates, taxation, and borrowing activities.
In summary, funds in the financial markets are primarily supplied by both individuals and business firms, with the government also having an influence on the overall dynamics of the financial system.
Know more about financial markets here:
https://brainly.com/question/33558915
#SPJ11
areawhich criteria must be met in order for a promised good or service to be considered distinct? a.distinct within the context of the contract b.separately identifiable and distinct within the context of the contract c.capable of being distinct d.capable of being distinct and distinct within the context of the contract
Answers
For a promised good or service to be considered distinct for revenue recognition purposes, capable of being distinct and distinct within the context of the contract. The correct answer is D)
In accounting, the term "distinct" refers to the criteria that a promised good or service must meet in order to be accounted for separately. This is important for revenue recognition purposes, as different performance obligations may have different timing and method of revenue recognition.
According to the Financial Accounting Standards Board (FASB), a promised good or service must meet two criteria to be considered distinct: it must be capable of being distinct and it must be distinct within the context of the contract.
The first criteria, "capable of being distinct," means that the promised good or service is capable of being separately identified and fulfilled by the seller.
The second criteria, "distinct within the context of the contract," means that the promised good or service is separately identifiable from other promises in the contract, and the transfer of the good or service is distinct from the transfer of any other promises in the contract.
The correct answer is D) .
To learn more about contract click on,
https://brainly.com/question/29559856
#SPJ4
The ability to reason well is necessary for modern workers because __________.
a.
Communication with other workers will be difficult
b.
Creativity is not valued in the modern workplace
c.
They will often have to solve problems with limited information
d.
Most problems will be straight-forward and easy to solve
Answers
Answer:
C. Or D.
Explanation:
Most Work problems are easy to solve depending on what is the cause of the situation. If you don't have the nesassary Resourses to solve that problem you must find out a way to work out that problem without what you need sometimes.
Answer: it’s C just took the Ed test
Explanation:
1. Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.
Answers
Answer:
What is the wholesaling industry?
Explanation:
Juan is enrolled in marketing education courses and is 17 years old. Juan has been hired by an electrical contractor. Juan is hoping to use this job as a cooperative work site placement. You are told that Juan’s job is to pull electrical components out of inventory and drive them to the job site.
Your answer
Name any three special financial institutions and state their objectives.
Answers
Answer:
Industrial Finance Corporation of India (IFCI)
State Financial Corporations (SFC)
Industrial investment bank of India Ltd
Objectives:Objectives of IFCI provide medium and long-term financial assistance to large scale industrial undertakings, particularly when ordinary bank accommodation does not suit the undertaking or finance cannot be profitably raised by the concerned issue of shares.Objectives of SFC to maintain and promote fairness, efficiency, competitiveness, and transparency in the securities and futures markets; promote public understanding of investing and corporate finance policy; protect investors by enforcing regulations; reduce crime and misconductObjectives of Industrial Bank of India Ltd To provide financial assistance as well as to revive and revitalise sick industrial units in public/private sectors, an institution called the Industrial Reconstruction Corporation of India (IRCI) was set up in 1971 with a share capital of Rs. 10 crores.when a company starts a new division and recruits people to do the work, which aspect of its internal environment is it most directly changing? owners culture physical environment employees
Answers
When a company starts a new division and recruits people to do the work, it is most directly changing its employees, which is an aspect of its internal environment.
The internal environment of a company refers to the factors and conditions that exist within the organization and directly influence its operations and performance. It encompasses various elements, including the company's culture, physical environment, employees, and more.
However, when a company starts a new division and hires individuals to work in that division, the most immediate and direct change occurs in the employees aspect of the internal environment. The addition of new employees brings in fresh talent, skills, and perspectives into the company. It affects the composition of the workforce, leading to changes in the dynamics, teamwork, and overall capabilities of the organization.
The new division and the recruitment process can also have indirect effects on other aspects of the internal environment. For example, it may impact the company's culture as the new division's employees contribute their own values, work styles, and attitudes. Additionally, the physical environment may be altered to accommodate the needs of the new division, such as providing office space, equipment, or resources specific to their work.
However, it is important to note that all aspects of the internal environment are interconnected, and changes in one aspect can have ripple effects on others. Therefore, while the immediate and direct change occurs in the employees aspect, the introduction of a new division and recruitment process can have broader implications on the overall internal environment of the company.
To learn more about employees Click Here: brainly.com/question/18633637
#SPJ11
Your father obtained a car loan payable in lump sum in 5 years at a total amount of P800,000 with an annual rate of 15%. What is the present value?
Answers
Answer:
the present value is $397,741.39
Explanation:
The computation of the present value is shown below
As we know that
Present value = Future value ÷ (1 + rate of interest)^years
= 800,000 ÷ (1 + 0.15)^5
= 800,000 ÷ 1.15^5
= $397,741.39
Hence, the present value is $397,741.39
hurry !
Whom does the Government and Public Administration career cluster serve?
private citizens
army and navy
government employees and the military
national security and the foreign service
Answers
Private citizens do the Government and Public Administration career cluster serve. Hence, option A is correct.
What is Public Administration?In the field of public administration, leaders collaborate with localities to advance the welfare of the public and effect change for the better. Public administration specialists are equipped to run all levels of government and nonprofit organizations.
Public administrators plan, direct, and supervise the organizations that oversee and regulate local laws and legislation. As these organizations grow to satisfy society's demands while simultaneously serving the interests and needs of the general public, public administrators act as special consultants to them.
"Legislative activities, taxation, national security, public order and safety, immigration services, foreign affairs and international assistance, and the administration of government programs" are all considered to be "exclusively governmental in nature."
Thus, option A is correct.
For more information about Public Administration, click here:
https://brainly.com/question/22972887
#SPJ6
How to be a successful entrepreneur?
Answers
Answer:
Don’t take ‘no’ for an answer
Learn from the best
Stay hungry and ambitious
Never stand still; evolve with the times
Nurture long-term business relationships
Inspire those around you
Trust your gut instinct, not just your spreadsheet
Explanation:
It takes hard work and dedication and they are many free sources that is available today such as videos
9. Search costs are
(1) The point at which quantity demanded
and quantity supplied are equal.
(2) The financial and opportunity costs
consumers pay when looking for a good or
service.
(3) A situation in which quantity supplied is
greater than quantity demanded; also
known as excess supply.
(4) A situation in which quantity demanded
is greater than quantity supplied; also
known as excess demand.
Answers
Answer:
The answer is the second one
Explanation:
Hopes this helps
if you invest $1,000 in a very safe but non liquid one year CD that pays 2%, what will be your return when it matures????
Answers
Your return when the one-year CD matures will be $20, based on a 2% interest rate on the $1,000 investment.
If you invest $1,000 in a one-year Certificate of Deposit (CD) that pays 2% interest, the return at maturity can be calculated as follows:
Interest = Principal (amount invested) x Interest Rate
Interest = $1,000 x 2% = $20
Therefore, at the end of the one-year period, your return or interest earned on the CD will be $20. Keep in mind that this calculation assumes the interest is compounded annually and there are no additional fees or early withdrawal penalties associated with the CD.
Learn more about interest here:
https://brainly.com/question/30393144
#SPJ11
If a check correclty written and paid by the bank is incorrectly recorded in the company;s's books for $794 how should this error be treated on the bank reconcilliation
Answers
If a check correctly written and paid by the bank for $749 is incorrectly recorded within the company's books for $794, this error be treated on the bank reconciliation--- Subtract $45 from the book balance.
What is bank reconciliation?
Bank Reconciliation is an important process in accounting in which organizations match their bank statements with the transactions that are recorded in their general ledger. Preparing a bank reconciliation statement helps businesses to eliminate possible errors in transactions or bookkeeping
What is that the journal entry for bank reconciliation?
The journal entries for the bank fees would debit Bank Service Charges and credit Cash. The journal entry for a customer's make sure was returned due to insufficient funds will debit Accounts Receivable and will credit Cash.
Learn more about bank reconciliation :
brainly.com/question/15525383
#SPJ4
a hiring manager is uncomfortable hiring a highly qualified candidate
because she is over 45 years old. which of the following would be an
appropriate response from the HR department?
a. how old do you think a person in this position should be?
b. age is an important factor to consider when making a hire.
c. it is illegal to discriminate against a potential employee on the
basis of age.
d. it’s appropriate to eliminate older employees from consideration.
Answers
Answer:
C......................
What is the Importance of public sector ??
Answers
.During which phase of a product's life cycle does low unit cost become a top competitive priority?
Answers:
A. Introduction
B. Growth
C. Maturity
D. Decline
Answers
The phase of a product's life cycle during which low unit cost becomes a top competitive priority is the maturity phase. In this phase, the product has reached its peak in terms of sales and market saturation. So, the corrcet answer is option c.
As competition increases and price sensitivity among consumers grows, companies must focus on lowering their unit costs to remain competitive in pricing. This is especially important as profit margins tend to decrease during the maturity phase.
To achieve low unit costs, companies may implement cost-saving measures such as streamlining production processes, outsourcing production to countries with lower labor costs, or negotiating better deals with suppliers. Companies may also look to differentiate their product through unique features or branding to justify higher prices despite the focus on low unit costs.
In summary, the maturity phase of a product's life cycle is when low unit cost becomes a top competitive priority as companies strive to remain competitive in pricing and maintain profit margins.
Know more about product's life cycle here:
https://brainly.com/question/17485582
#SPJ11
A fund seeks maximum capital appreciation by investing in common stocks of companies located outside the United States. The management selects well-established companies that are listed on their national stock exchanges and that have demonstrated high earnings potential. This information describes which mutual funds?
Answers
Answer:
ATF Overseas opportunity fund fund
Explanation:
A mutual fund can be described as a from of investment where investors come together to contribute resources towards investment that are managed by experienced professionals to minimize the risks and maximize returns.
There are different types of mutual fund guided by different rules .
The description given in the question best suit the ATF overseas opportunity fund. Even though it is closely related to the ATF capital appreciation fund , but while the ATF capital appreciation fund invests in small and medium sized company, The ATF overseas opportunity fund invest in an already established listed companies that have already demonstrated high earning potential.